Crypto crash in 2024 or Jackpot for investors ??
The market is unpredictable , to how much we can predict to get the reward is what we call risk . But from the current scenario in market we can clearly see that cryptocurrencies have recovered from the 2022 crash and still in the bull run . As for the Bull run , if we compare to stock markets we can either say we are entering a bubble as most of the cryptos are going good i.e the traders are trading greedily or the market is genuinely growing . So what can we do in 2024 , to enter the market now or to wait for the crash (if it is going to happen).
WE have four possibilities with us .
1. We invest now and the Crash happens ?
2. We don't invest now and wait for the Crash ?
3. We invest and the Crash doesn't happens ?
4. We don't invest and the Crash doesn't happen ?
The only solution I can give is The market is Unpredictable and all the possibilities can be tackled with regular investing with time , rather than waiting for the right time . But keep in mind that regular corrections keep on going in the market . A crash can possibly happen in 2024/25 because of possible bubble in the market as it reflects the world economy and Stock markets of various countries . Any major world event which negatively impact the whole world will ignite the possible corrections and impact a fear to sell .
So, FOMO and Crash are the 2 things we can counter by ;
Divide your capital into
1. Invest regularly irrespective of what happens in the market.
2. Save a part of your capital for the possible crash .
Risk - Reward is good in both the scenarios , And invest in fundamentally strong and technically strong Cryptos .
Bitcoin (BTC)
Market Capitalization: $853.88 billion
September: $25,748
October: $27,946
November: $35,047
December: $43,694
As you can see, BTC prices are quickly climbing. Coincodex data predicts Bitcoin could witness significant gains in 2024. The site additionally forecasts it to go as high as $109,364 levels. Note that it’s just a prediction and can be inaccurate.
Ethereum (ETH)
Market Capitalization: $270.61 billion
September: $1,632
October: $1,645
November: $1,900
December: $2,254
ETH has shown a steep rise in the past few months. Even if Ethereum is trading at one or two thousand dollars, analysts at VanEck use estimates of total ETH network revenue to make long-term price predictions. They forecast ETH network revenue to climb from $2.6 billion today to roughly $51 billion by 2030. So, Ethereum should be on your list of cryptos to invest in 2024.
Solana (SOL)
Market Capitalization: $26.63 billion
September: $19.62
October: $23.42
November: $42.14
December: $63.12
As you can see, Solana saw exponential growth in the latter half of the year going from $19.62 at the beginning of Sep. to $63.12 towards the beginning of Dec. Looking at the growth of SOL, this crypto can definitely be one of the top investments in 2024.
Ripple (XRP)
Market Capitalization: $33.93 billion
September: $0.50
October: $0.52
November: $0.71
December: $0.64
As you can see, XRP has shown a rising sign. EGRAG CRYPTO an analyst noted the impressive results of XRP. He recalled the asset closed two consecutive months of green candles and claims to rise to $10 after a possibility of a five-month consolidation phase. It can soar to a huge $50 by Nov. 2024 if the uptrend continues.
Cardano (ADA)
Market Capitalization: $15.54 billion
September: $0.25
October: $0.26
November: $0.36
December: $0.44
As you can see, ADA is growing and might grow in the remaining days of the year 2023. Analysts believe that within six months Cardano can overcome the $0.90 mark because of dApps growing on ADA, with total value locked growing from $50 million to $250 million last year.
Some predictions may outperform our expectations but we know the initial price of Bitcoin and now.
This are some P2P websites where you can earn money doing simple microtasks , these are not in any way related to Crypto Investing , Rather these are sites where you can earn cryptocurrency . Not a great amount of money but good enough to pay small bills .
This is an external way to earn money online by doing simple tasks to earn and invest regularly for growing your capital . This is not related to crypto article any way , rather these are legit sites to earn a little in a regular basis ( mostly P2P sites )
1. TimeBucks is an online reward portal, where you can earn money in several ways. This is also known as a GPT (get-paid-to) site . The Site is legit and have many earning and payment methods for doing microtasks .
2.
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3.
Another Websites to Watch and Earn Daily in Cryptos
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4.
Websites To Earn by watching In both Cryptos and dollar .
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