My experience so far, depends on all the cryptocurrency at the bitcoin value, it goes up and down with it in my point of view.As we can see when bitcoin price is pumping then every currency starts something and when between price goes down then many currencies are also dumped I want to ask is there any currency which is independent of Bitcoin so that we can purchase it and we have no fear of Bitcoin price.?
There was a coin that reached $33,000 when the price of Bitcoin was very low . I think the coin is YFI coin. It has nothing to do with Bitcoin price.I am yet to see any core coin that has its price entirely independent of bitcoin. It is why most times, I just check btc price to be sure of the standing of my other coins.
Yeah, I remember YFI coin astounded me then when I discovered how high it was compared to bitcoin. Presently, I don't know what influence btc has on it.There was a coin that reached $33,000 when the price of Bitcoin was very low . I think the coin is YFI coin. It has nothing to do with Bitcoin price.
It a DeFi token that was said to be launched by Binance and it had a speedy rise because the supply was very limited and people rushed the coin.I have never heard of the YFI coin. When did that happen?
It doesn't affect it in anyway because they are on different network , and it has risen without consideration to Bitcoin priceYeah, I remember YFI coin astounded me then when I discovered how high it was compared to bitcoin. Presently, I don't know what influence btc has on it.
That is also my conclusion from the observations i have made. It is quite obvious that bitcoin is setting the pace in the markets.Currently, most cryptographies vary according to the buffer movement of bitcoin, since this currency sets the tone of the market.
Well , I too believe in this and this is while I want to invest on these coins ,because they have shown that they will do well this year.If most of us are very updated with Crypto currency market, you will notice that when Bitcoin drops some coin will rising like 200% or more , Cardano and chainlink exhibited this last yes.r
The risk is worth taking, the reason why I also pick Interest in stellar is that it is amongst the first top 10, most powerful coin in the Crypto currency market and it amongst the two coins that has not reached $1 by value.Well , I too believe in this and this is while I want to invest on these coins ,because they have shown that they will do well this year.
Well , that is the thing here . Being below $1 gives us the chance to buy big and thus be able to earn big profit when the price rises .The risk is worth taking, the reason why I also pick Interest in stellar is that it is amongst the first top 10, most powerful coin in the Crypto currency market and it amongst the two coins that has not reached $1 by value.
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