Hello to my friends who love life and keep smiling despite all kinds of negativity. In this article I want to tell you my thoughts on "Cryptocurrency Fanaticism". As you know, we have started to experience the big and last wave of the bull market these days. Smiles started on everyone's faces. In order for this smile to continue, it is necessary to take profit. You ask why? Don't you want to sell your cryptocurrency? Will you be rich?
Well, let's talk about real life ...
The top ten cryptocurrencies are seen from the bull market in 2017. (Source by CoinMarketCap)
The top ten cryptocurrencies are seen from the bull market in 03.04.2021. (Source by CoinMarketCap)
Price change between 17 December 2017 and 03 April 2021 (3 years, 3 months later)
Bitcoin (BTC) is $ 19140.76, currently $ 59780.34. 212.3% gain (1st place no change)
Ethereum (ETH) is $ 719.98, currently $ 2136.79. 196.8% gain (2nd place no change)
Bitcoin Cash (BCH) is $ 1862.88, currently $ 595.07. - 68% loss (3rd to 12th)
Ripple (XRP) is $ 0.7284, currently $ 0.6491. - 10.9% loss (4th to 7th)
Litecoin (LTC) is $ 318.72, currently $ 214.02. - 24.4% loss (5th to 9th)
Cardano (ADA) 0.5134, currently $ 1.22. 137.6% gain (6th row no change)
IOTA (MIOTA) is $ 3.93, currently $ 1.72. - 56.2% loss (7th to 27th)
DASH (DASH) is $ 1105.92, currently $ 248.94. - 77.5% loss (8th to 45th)
NEM (XEM) is $ 0.6878, currently $ 0.4123. - 40% loss (9th to 38th)
MONERO (XMR) $ 351.37, currently $ 264.61. - 24.7% loss (10th to 29th)
During this time, 5 of the top ten cryptocurrencies have changed. Why did it change? Because these cryptocurrencies have not had a success story in this past time. Their replacement Binance Coin (BNB), Polkadot (DOT), Tether (USDT), Uniswap (UNI), Chainlink (LINK) are new and strong success stories as fundamental analysis.
As you can see, my friends, no cryptocurrency is indispensable except Bitcoin and Ethereum. It is not a cryptocurrency football team. When the time comes, you have to sell it and put the earnings in your pocket.
You can also review my previous article ...
As I always said, listen to everyone, decide for yourself ...
I'm looking forward to your comments. Thanks to your comments, we can shape my next articles together. Let's stay in touch… Take care of yourself so that you and the people around you are happy…
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