I think now the price is falling rapidly and we could see other coins too falling ,Bitcoin effect is just too high , before placing any trade on smaller coin I first check Bitcoin price
Yes, that's why when BTC moves forward, their is always possibility of all other coins following suit. And it's always a pleasure seeing such kind of trend around cryptocurrency. I simply focus on keeping close attention, speculating on BTC future, since it controls others before staking a trade.
Gone are those days when actually I focused more on other coin and leave Bitcoin ,I noticed that even if my technical analysis are correct ,fall of Bitcoin might change everything
That's true because I believe IMF must have backed El-Salvador for this decision to adopt bitcoin as legal tender so it is now protected.
Not IMF, but the treaties diffrent countries have with El Salvador. Even India has, so if India bans crypto, The law will not prevent people from investing in El Salvador.
You see you could've been earning around cryptocurrency, had it been you followed your analysis up to monitor the coin's progress, then spreading your investment.
El-Salvadoreans will continue to invest in cryptocurrencies though it will be more interesting if other countries should legalize the use of cryptocurrencies
Politicians will do whatever benefits them, they are not interested in people's welfare or development. Time and situation led to development. Public have to use crypto, El Salvador has open legal opportunity.
El-Salvador president took a good decision to liberate the Citizens by adopting Bitcoin as legal tender and this is making them independent and progressive .they are gradually moving out of US control.
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