Well as investors we have almost put the first month of 2022 into the record books, as it has been maybe one of the worst Januaries for trading in crypto currencies for sure... Bitcoin from a high of almost $50,000 to a low of around $33,000... at the time of this writing $36,227... DOGECOIN $.20 to $.1201....at the time of this writing $.1417.....
Many factors both nationally and internationally have participated in causing the market to react and all the arm chair advisors can give dozens of answers if asked why what happened.... we have conflict in Ukraine and Russia and NATO....China and Twainian plus the Olympics.....among just a few...A new strain of Covid ...inflation world wide caused by oil prices and shipping....and here in the United States policies of the present administration decisions and the Covid experts, inflation, etc....
Now if you didn't sell you haven't lost a thing, and if this has been a great time to have cost average down, if you had the money and if your just holding on you will get back to even and above if you are a patient investor.... if you are a trader there have been several opportunities to make several short term trades if that is you appetite... Yesterday it was announced that Mac Donald's maybe accepting DOGE for its menu and Tesla announced it was accepting coin for some of its merchandise.. I believe we are up to around 1700 places that accept the DOGE coin as payment but more large and known companies are coming on board.....
It is also known that whales have been accumulating at these levels and the cold storage volume has increased .... this week the IMF tried to get El Salvador to sell all its coin and go back to just using the dollar....the IMF says that if coin is more accepted it could hurt the monetary of the world yet we look at is as just trying to have more and more control....
Future I look for 100% to 300 % return for DOGE in the next 6 months and for Bitcoin I think you could see back to $50,000 in the next 6 months minimum... If more institutions begin to put coin into their portfolios then we might be able to receive higher returns and long term for sure you will see both going back to the all time highs..... Also look for several other countries to accept for currency. I also believe there are several announcements still to come from DOGEcoin....
Again we do not take responsibility for any trades but show a simple map of where we have been and where it appears if the future could go.... As always we hope you have good and responsible trading for 2022 and brings you many blessed profits....
Many factors both nationally and internationally have participated in causing the market to react and all the arm chair advisors can give dozens of answers if asked why what happened.... we have conflict in Ukraine and Russia and NATO....China and Twainian plus the Olympics.....among just a few...A new strain of Covid ...inflation world wide caused by oil prices and shipping....and here in the United States policies of the present administration decisions and the Covid experts, inflation, etc....
Now if you didn't sell you haven't lost a thing, and if this has been a great time to have cost average down, if you had the money and if your just holding on you will get back to even and above if you are a patient investor.... if you are a trader there have been several opportunities to make several short term trades if that is you appetite... Yesterday it was announced that Mac Donald's maybe accepting DOGE for its menu and Tesla announced it was accepting coin for some of its merchandise.. I believe we are up to around 1700 places that accept the DOGE coin as payment but more large and known companies are coming on board.....
It is also known that whales have been accumulating at these levels and the cold storage volume has increased .... this week the IMF tried to get El Salvador to sell all its coin and go back to just using the dollar....the IMF says that if coin is more accepted it could hurt the monetary of the world yet we look at is as just trying to have more and more control....
Future I look for 100% to 300 % return for DOGE in the next 6 months and for Bitcoin I think you could see back to $50,000 in the next 6 months minimum... If more institutions begin to put coin into their portfolios then we might be able to receive higher returns and long term for sure you will see both going back to the all time highs..... Also look for several other countries to accept for currency. I also believe there are several announcements still to come from DOGEcoin....
Again we do not take responsibility for any trades but show a simple map of where we have been and where it appears if the future could go.... As always we hope you have good and responsible trading for 2022 and brings you many blessed profits....
