At cryptocurrencies are becoming a phenomenon in the crypto marketespecially with the growth of Bitcoinof ether and other types of cryptocurrencies. But how to assess the price of a cryptocurrency to understand if it makes sense to invest in it?
Flavia Jabur talk to Helena Margaridoan expert in Blockchain and digital currencies for 10 years, on how to perform an analysis to know if it is the ideal time to buy cryptoassets, understand how the market works, observe the volatility of these cryptos and more!
How to assess the price of a cryptocurrency?
First, it is necessary to keep in mind the importance of distinguish the classes of cryptoassets existing to think about whether it makes sense to always talk about cryptocurrency regulationss or strict regulations for specific cryptos. When this distinction is made, it is possible to understand that There are different types of cryptocurrencies and that each one can have one different way to carry out the analysis for your final pricing. When it comes mainly to Bitcoin, we are going through, in the first half of 2022, a moment when its price is in fallafter reaching an all-time high at the end of 2021. This moment, which many end up thinking is the Bear Marketis actually the market correction, which does not prevent the market from entering Bear Market in the future. The expression Bear Market is used to indicate downward trends in the prices of cryptocurrencies and assets. Investors who believe in a continued bearish scenario are called bears.
When is the time to buy cryptocurrencies?
Although many people want to be part of the crypto market when prices are high and everyone is excited, many do not know that one of the best opportunities to buy cryptocurrency it is while the market is correcting and does not enter the Bear Market. And those who have been in the market for years and understand the Bitcoin’s strong fundamentalsknows how to analyze the scenario and understand that it has already been through similar moments over the last few years and always recovered. It is also important to understand that there is a world beyond Bitcoinwith other cryptocurrencies that may even, in the future, equal it or even exceed it, in value, without BTC losing relevance, such as Ether, the digital currency of ethereum network. In addition to being a great opportunity to buy while the market is correcting, it is also a great time to study about him, what’s happening, the other correction phases in the past, stay up to date on upcoming trends and what to keep an eye out for in the coming months and years, as well as getting to know other cryptocurrency projects besides BTC. As Helena says at the end of the episode: “there is life inside the Bear Market for those who are crypto enthusiasts. It has life after Bear Market for crypto enthusiasts.” The market follows well-punctuated cycles, having the milestone as the Bitcoin halving, which took place in 2020 and is expected to occur in 2024. We will again experience a drop in the supply of new Bitcoins, with the demand remaining constant and the price rising afterwards. AND you want to be prepared for when that happens, so take advantage of the market moment to buy your BTCs. Interested? You can stay on top of all the episodes released on the official Talkenização page! Do you want to know more about the universe of tokenization and investments in Brazil and in the world? Check out Liqi’s Instagram profile.