If you don't know it, then you won't love it. A proverb that is actually suitable to be expressed for those who want to play crypto. Indeed, at this time crypto conditions are not very exciting, the condition of rising and falling prices creates speculation that can cause losses. And when it comes to losses, of course, no one in this world wants to lose.
Wait and see is something most crypto players can do in times like these. To be able to reduce the risk of large losses in short-term games, of course. Talking about long-term conditions, certainly, it will be different, because for a time like this it is the time that is awaited to add to the crypto coffers that exist in the wallets of long-term crypto players.
Image by Sergei Tokmakov Terms.Law
Yes, the connotation of the proverb "If you don't know it, then you won't love it", is that is truly befitting for those who want to play crypto in the midst of conditions like this. Because once you know them, you will know that the downturn is a good time to collect the existence of the crypto they rely on. But still in the context of seeing the existence of a truly reliable or trustworthy existence.
Downward conditions and rising conditions in the crypto world are two conditions that are quite profitable but also dangerous. Because you still have to be intense in looking at and choosing the projects that are present. And usually, projects can be present in conditions like this. So in other words, maintaining and learning must be kept in mind for the existence of new cryptocurrencies that are present and offered.
On the other hand, the existence of projects that are clear is still a question mark as to what will happen in the future, let alone new ones. The danger of the word fraud, Fonzi, multi-level is an old issue that is still often used with caution for investors. Crypto is indeed very strewn with sparkling light of splendor when viewed from one side, but on the other hand, it also holds various kinds of mysteries that are so dark in it.
For now, if we look at the conditions of the bull run or bear run in crypto, the most basic note is that where there is a decline there will definitely be an increase. It's just a matter of time that can't be known with certainty when it happened. If it can, then maybe crypto isn't as exciting as it is today.
Even if it mentions the correlation between the existence of bitcoin and altcoins, basically it looks like bitcoin has an influence on the value of altcoins. It's actually not. Where the current condition of bitcoin can actually still be defeated by the existence of altcoins if you can calculate profits. One example to be convinced of is that the existence of altcoins can increase beyond the percentage owned by bitcoin.
It's just that at this time maybe most people choose bitcoin as a reliable choice of current existence compared to the existence of altcoins. And another factor, altcoins if they go up can soar but the risk of going down can also be greater in meaning.
While the issue of adoption and fundamental issues, it seems that lately, it has also started to attract a lot of people's attention in the end. How about the existence of convenience, low fees, and factors that can be accepted anywhere. Meanwhile, the issue of the existence of progress that exists and runs in the existence of cryptocurrencies such as metaverse and NFT is one of the complementary suggestions for the existence of cryptocurrencies. So that the hope that crypto can be accepted and adopted by many people can be realized one day.
