Crypto conditions entering 2022 are still non-conducive. The movement of large capitalists towards policies that occur from tax problems, internet blackouts in one country, and several other things still make investors wait for the right time to invest, especially in bitcoin as the number 1 crypto today.
If you look at things these days, altcoins are still the main goal for investors to play on a small scale while waiting for the existence of certainty for the existence of a correction value that occurs in bitcoin.
Today bitcoin is back down at $40k, some are waiting for the existence of what is the lowest level that occurs? Is there a possibility of a drop to the $30k level this month?
Although it seems to touch the level of $ 39k today will be possible.
On the other hand, Safemoon and Decentraland had shown a fairly good increase compared to other altcoins. To talk about Decetraland with MANA tokens, even though it was only for a short time, it had risen by 15% before. Most people say that the size of one of the play-to-earn platforms will grow in the metaverse that is currently booming, and Decentraland is one of the main drivers of the existence of the Metaverse.
Indeed, the short term cannot be the right choice at this time. Even veteran traders may be very cautious in the current situation. And of course, long-term conditions are the most appropriate choice and are currently being chosen.
The other side of Polygon's existence as a competitor in the new network systematics is also in the spotlight besides Solana, Cardano, and Ethereum. Where some whales have looked at the development of this crypto to invest. Although there are still some perceived weaknesses in Polygon's systematic network, it doesn't seem to be a problem for them to invest there.
However, there may be more who carry out the process of being careful or maintaining the existence of their assets. The existence of these conditions makes stable coins also a place of escape as an option for a while for many people. Making Tether one of the stable coins in the crypto world, shifting the existence of the 3 chart positions previously occupied by BINANCE coin.
On the other hand, to address the few who were busy and present about the existence of BitcoinCash which was said to be a failure by Vitalik. For this, my opinion is very regretful about what the status is. Moreover, talking about the problem of transaction fees in the Internet world, the fact is that during this time, the amount spent by Erhereum users is still much greater than the number of transaction fees for people who use Bitcoin cash so far.
But of course, he has reasons and personal goals for saying that. Without forgetting the contribution and what he has created for the world today.
