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Recently,there has been some kind of fluctuations in the crypto market, thus, what is meant by Big movements on the crypto market typically refer to significant price changes or fluctuations in the values of various cryptocurrencies. As crypto investors or enthusiast, we are aware of the fact that price changes are influenced by various factors most especially market demand, regulatory developments and technological advancements over time and some of these has to do with national income, inflation, unemployment, and economic growth. For the purpose of this article I would be using the price action of the hive tokens to evaluate my claims.
Just like I mentioned in my blog on books that are educational before venturing into crypto activities,one of the major teachings was about the rist and reward involved in dealing with crypto. This is to say that,It's important to note that the crypto market is one a way thing as it can be highly volatile, and big movements may present both opportunities where the investor make great profit or it can be the other way around where there is high risks for investors. This is why it is advisable to conduct thorough research on investments and stay updated on relevant news when considering involvement in these markets.
We were all expectant of the bullrun this year but somehow that has not taken effect but rather the bear market is holding strong. I remember how investors were optimistic, and expectant that there would be a strong upward trend in asset prices soon enough. The thing about a bull run is that they happen when we least expect it,the moment we expect an increase in market value,that's when the bear run kicks in. This positive sentiment of a bull run often leads to increased buying activity as investors anticipate further gains.
At the moment however, if a person is impatient about crypto, you would fail in it. Currently hive price is going for $HIVE0.300,since the beginning of the year 2024,so far we have experienced market uncertainties looming in 2024. It all requires patience. While some coin are still maintaining their standard , others are fluctuating and unstable.
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Note: these are just my subjective views of the crypto as other might have a different opinion depending on time and location.
