I'm writing after a few weeks when I see CryptoCurrency again moving towards its all-time high. Probably it will smash the all-time high of the market in Jan 2021 after the adoption of the giant eCommerce payment system 'PayPal'. Yes, the news storms the crypto market community a few days ago when Paypal decided to embrace cryptocurrencies buy and sell on their platform with billions of USD customers.
Future Prediction about Bitcoin?
Bitcoin has gained more than 10% in the past day as of writing this post which shows its change of trend by breaking the previous 2 years high. I always encouraged to invest in Altcoins more than in Giant bitcoin which has only a potential gain of 2x or 4x and at the same time Altcoins has the potential of 100x and few have the potential to gain even 500x or 1000x for sure if bitcoin hits 60,000$ a coin in 2024.
However this is only a prediction, the actual market may perform opposite to it. However, always invest your money from savings that you can afford to lose.
Ethereum has also gained more than 8% in the past day as of writing this post, but We are on the edge of the biggest blockchain update of this decade which is Ethereum 2.0 for sure. No one can truly predict the potential of Ethereum after Ethereum 2.0 update and after the change of consensus protocol from proof of work PoW to Proof of Stake PoS. Supply may be limited after the update, and new coins will be generated through staking which is the minimum of 32 Eth per account.
We have to be patient while dealing with the crypto market in the high volatility time period. And according to my point of view, Jan 2021 to Jan 2022 will be crucial for the crypto economy. Let's see and hope for the best :)
