Every one of us has a say in what is happening right now in the cryptocurrency market phase. There are a lot of questions hanging in the air. Many of us can not really pinpoint what is happening in the world of cryptocurrency. A lot of manipulation is said to be going on during this phase. If not, why has it become difficult for cryptocurrency to follow the patterns it used to follow before? Why is it changing course?
Ever since Trump got re-elected, a lot of changes have occurred in the cryptocurrency world, changes that are even beyond one’s control or imagination. One can start talking about policies such as sanctioning countries through tariffs and other policy changes, which affect both developed and developing nations of the world.
It is worthwhile to note that when there is a power tussle between nations, the weaker ones often suffer devastating effects.
We all have to understand that no matter how good a government is, it will never allow citizens to control huge amounts of resources that can jeopardise its own administration.
When governments and their agencies start poking their noses into the affairs of cryptocurrency, it becomes hard on the freedom and liberation of many people. A lot of people invest in cryptocurrency to avoid paying taxes, while some even say cryptocurrency is best used to launder money. Whether true or false, there are always positive and negative sides to everything, no matter how good it looks on the surface.
It is what it is, and it is difficult to predict whether we are in a bear session or whether what we are seeing now is just preparation for a bull run that is set to happen soon.
The market dip gives many of us goosebumps. Sincerely, I can say that there is no real altcoin season this period as we witnessed in the past. What we are seeing is mostly the effect of Bitcoin, which makes some coins surge a little.
No one can predict with 100per cent certainty what will happen to the cryptocurrency market. As I am writing this, the market has surged upward a little after experiencing a massive dip from 94k to 60k.
It is therefore important for us to talk about Hive. It is an altcoin with a community and big brains behind the scenes, but it is what it is, seeing that Hive has gone below one cent. What can we say about our human witnesses and their stance on this? We know that this is usually the period when people invest, but with the way things are, it might be difficult for investors to truly trust the process.
The good thing is that this is the time when more whales are made, and it is worthwhile to know that. No one should advise others on how to use their resources. Many people who sold their coins when Hive was at six cents were criticised, but they are the ones gaining now.
There is no perfect time to invest, and there will never be a perfect time to cash out an investment. I believe Hive has good potential.
We just have to keep asking questions, where are our human witnesses, what do they have for us, and what are they doing as far as this phase is concerned? We can not keep quiet forever.Crypto in Uncertain Times