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Hi everyone!
I am in crypto for almost one and half year, and with my experience I can surly say that people are accepting it slowly. So many countries are on the edge of completely regulating crypto, but still in some parts, it is difficult for the government to accept it, because it is driven by the crypto enthusiast and developers, so it can lead to financial instability. Last year China has made it illegal to do any cryptocurrency transactions in country. Recently Pakistan has also decided to ban it properly, but US has not given any clear decision since yet.
But the regulation of crypto can be beneficial for any country, as it can protect the investors by providing clear guidance about its potential. So many lawmakers are trying to find a way to establish guidelines for the investors to save them from losing their assets.
Since the year 2022 has begun, the condition of market is not stable, and it is dumping day by day, but still there is a hope that it will increase soon. Up or down is a part of cryptocurrency, so investors should need to have a lot of patience at this time.
My chosen token in 2022
Last year in November, the price of Bitcoin was all-time high, as it was $68000, and I believe it would be long term high in the future. Seeing its development, the experts predict that Bitcoin price can hit $100,000 in the future. So the token which I will choose to hold or invest in 2022 would surly be Bitcoin, because it is the largest cryptocurrency. But still it is new and has not any long term history, so I can't make any predictions about it, because no one can really predict about its future. But still it has given gains to the investors over time, and no one can deny its importance. So I am hopeful, in 2022 it will also hit another all-time high price.
Tips to invest in your chosen token:
Make your own personal research: It is your own choice, in which token you invest, but always make your own personal research, and never believe blindly on what others are saying.
Invest, what you are prepared to loss:
cryptocurrency is based on risks, a single night can make you a millionaire, but you can also lose your all assets in the same way. So invest what you can lose.
Have patience:
The most important thing which investors need to understand is the patience, because price can be up or down, and can lead them to make hasty decisions, which can become the cause to loss their investment.
BitYard, a multi trading platform
At the end I want to say that BitYard is the world's leading and safe trading platform, which was established in 2019, and has low trading fee. Users can easily contact their support by message or email. I am happy to see its collaboration with publishx, so grow your future with BitYard.
Thanks for reading
