Crypto Market #3 | Incredible Raise EN|ES

in LeoFinance4 years ago (edited)

Crypto Market #3 | Incredible Raise!! EN|ES

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English

We must know that cryptocurrencies are volatile which means the price can rise and fall sharply. The cryptos can be left with less money than you put in and remember always, you should never invest money that you can't afford to lose. The crypto space is open 24/7, 365 days per year it does not close or anything like banks do or the stock market does.

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Top 10 Crypto Currencies

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Elon Musk says:

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Predictably, DOGE promptly jumped from $0.25 to $0.30 in 10 minutes, topping out at $0.33 about three hours after the tweet. At this writing it’s back down to $0.30, still well below its April 16 high of $0.4377.
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Bitcoin Back to Normal

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the major news is about tesla selling a portion of the bitcoin, in February they did buy 1.5 billion dollars worth of bitcoin, they're having massive profit. but now they did take and sell 10% of that equals to 100 million dollars worth of profit.
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People are panicking about this but the crypto space is actually up in general, bitcoin is still past 53,000 even with this news I'm seeing a lot of people accusing elon musk of having paper hands and dumping his bitcoin and not holding it for the long term since they did just acquire bitcoin very recently back in February.

in February the electric vehicle maker announced it had purchased 1.5 billion dollars worth of bitcoin
tesla motors sold a portion of its bitcoin holdings in the first quarter of 2021 generating net proceeds of 227 million with and one million dollars in positive impact so we also have to remember that tesla did announce they will be accepting bitcoin as payment for its cars without necessarily converting it into fiat currency.

today bitcoin is still holding over fifty thousand dollars, bitcoin did drop down to forty seven thousand dollars it quickly bounced up to forty nine thousand dollars as we saw, going up to around fifty four thousand dollars so we also have to remember this is not just elon musk this is a massive company

I think more and more companies will begin holding bitcoin on their balance sheet now which is going to be great uh supply and demand the more companies buying and taking bitcoin out of circulation, the less supply there will be and the more demand there will be in general because other companies will want to start doing this this will also attract more and more retail investors as well so with the news of tesla selling bitcoin going around and causing some panic in the crypto space.

people are still claiming bitcoin is going to drop down to 42 to 43 000 it is looking less likely though
so bitcoin has been losing some market.

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Ethereum New All-time Highs

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Ethereum pretty close to its all-time high and breaking it, new all-time highs 2700 if you're not selling or trading and you're just holding long term and continuing to dollar cost average you do not have to pay tax on that until you actually sell so if you're holding out for 10 to even 20 or more years.

the crypto market is very volatile because any breaking bad news about regulations can definitely send the crypto space into panic so in the short term regulations will most likely cause some price volatility but in the long term it is definitely a necessary thing and will be good for the crypto space as a whole it is going to be a bumpy road but we just have to be prepared for that, that's why a dollar cost average on the dips.

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Disclaimer:

I'm not a financial advisor. You should always do your own research and make your own financial decisions. This Post is for entertainment purpose only

If you want to go into crypto here is some crypto wallets for trading:

Hotbit and Binance

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Español

Debemos saber que las criptomonedas son volátiles, lo que significa que el precio puede subir y bajar bruscamente. Las criptomonedas pueden quedarse con menos dinero del que usted puso y recuerde siempre, nunca debe invertir dinero que no pueda permitirse perder. El espacio criptográfico está abierto las 24 horas, los 7 días de la semana, los 365 días del año, no cierra ni nada parecido a lo que hacen los bancos o la bolsa.

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Top 10 Cripto Monedas

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Elon Musk Dijo:

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Traducio al español diria "El Padre Doge y la fecha Mayo 8"

Se logro ver que DOGE salto de $0.25 to $0.30 en 10 minutos, llegando a $0.33 3 horas despues de el tweet de este señor. Mientras se puvlica esto volvio a vajar a $0.30, sigue muy abajo del Abril 16 cuand ollego a $0.4377.
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Bitcoin devuelta a la Normalidad

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las mayores noticias es sobre Tesla vendiendo uan porcion de los bitcoin que poseia, en Febrero compraron 1.5 mil millones de dolares en bitcoin, tienen hasta ahora una ganancia masiva. pero ahora realizaron una venta del 10% de sus criptos equivalentes a 100 millones de dolares nada mas en ganancias.
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La gente esta teniendo panico sobre esta venta en general, bitcoin se mantiene en 53 mil incluso con las noticias, he visto mucha gente acusando a elon musk the haber hecho bajar a la moneda aproposito y no aguantandola como muchos a largo plazo desde que ellos adquirieron la moneda recientemente en febrero.

En febrero la compania fabricante de autos electricos anuncio que compro 1.5 mil millones de dolares en bitcoin, Tesla ha vendido una porcion de lo que posee actualmente en bitcoin, generando un monto de 227 millones de dolares, debemos recordar que Tesla aceptaria pagos en bitcoin para la compra de sus vehiculos sin la necesidad de pasarlo a moneda del estado.

Actualmente Bitcoin se mantiene encima de los 50k dolares, con una bajada hasta 47k que no duro mucho ,recuperandose hasta 49k como hemos visto y subiendo hasta 50k, debemos recordar que no solo es Elon Musk comprando bitcoin o Tesla, son muchas compañias a largo plazo.

Considero que mas compañias empezaran a comprar y guardar bitcoin en sus balances, ahora esto sera bueno para generar una compra/demanda, mas compañias compraran sacando bitcoins de circulacion, mientras menos inventario se vea y mas sea la demanda en general habra un aumento en gran escala del precio de la moneda,otras compañias atraen mas compradores personales y asi sucecivamente, independientemente del panico por la venta de ese 10% en tesla

La gente sigue diciendo que bitcoin caera a 42k o 43k

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Ethereum Nuevo Record de Precio

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Ethereum muy cerca de su record y al dia siguiente rompiendolo, su nuevo record esta cerca de los 2800, hablando de impuestos en Estados unidos, si no estas vendiendo ninguna cripto o intercambiando y solo estas aguantando a largo plazo, no tendras que pagar impuestos hasta 10 o 20 años que realizes uan venta de ellos mismos.

El mercado de Critps es muy volatil debido a malas noticias sobre regulaciones the crypto market is very volatile because any breaking bad news about regulations can definitely send the crypto space into panic so in the short term regulations will most likely cause some price volatility but in the long term it is definitely a necessary thing and will be good for the crypto space as a whole it is going to be a bumpy road but we just have to be prepared for that, that's why a dollar cost average on the dips.

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No me hago Responsable:

Yo no soy un asesor financiero. tu debes hacer tu propia invesigacion y tomar tus desiciones personales. Este post esta hecho con propositos de entretenimiento.

Si quieres entrar en el mundo de las criptos y no tienes una billetera donde empezar, te aconsejo estas:

Hotbit y Binance