It is incredible how the volatility of cryptocurrencies is the worst weapon to destabilize the digital currency market; during the first month of this year, 2022, BTC and ETH have marked downward trends, which may not seem positive symptoms for its users on https://bitcoinsbuyer.net/.
Bitcoin price history
Bitcoin in January registered substantial falls where most analysts compared its fall representing almost 50% of its highest value in 2021, with values between 42 and 45k; Bitcoin created a stir among investors.
Although this cryptocurrency does characterize by responding positively to famous crypto winters, there is no other option but to wait for its development during the first quarter of 2022 to determine with greater certainty the near future in terms of the value of BTC.
It should be noted that after a downtrend, the value of crypto assets always shoots up, generating a bullish scenario that contributes to the general earnings of all its users.
The price or value corresponding to the critical support zone is around USD 41,700; from this minimum value, it starts to indicate that the uptrend is approaching.
Is it feasible to reach 50K?
Every time Bitcoin goes through a detailed phase concerning its price, statistical analyses point to a new bullish phase; that is, it will generate additional growth in its value.
It happened in July of the year 2021, where for the consecutive months, its value was the highest in the history of its creation, reaching 60,000 dollars, a historical maximum that had never been presented.
Before this situation arose in 2021, the bearish trend of Bitcoin characterized the first months of 2021, which is why a new price rebound does expect, which is excellent news for investors.
Investors who carry out a meticulous analysis of the movements of Bitcoin know that at the time it falls, they must invest in acquiring more units of this digital currency; consequently, its value will be positively affected.
So there is no doubt that Bitcoin could even exceed this value of 50K, marking a new milestone about its historical maximum.
Is bitcoin leveraging the best option?
Cryptocurrency trading, in general, is hazardous because it is so volatile, and that is why investors seek to reduce their risks and maximize their profits through BTC Options contracts.
Bitcoin Options allow you to trade assets at a certain price in a specific period, there are various options, and it is up to the trader which one to choose.
Although this type of tool is more complicated to use, they allow generating profits even in bearish or bullish markets, which helps achieve optimal performance, generating comfort and tranquility in investors since they will generate profits in one way or another.
Costs and benefits of investing with Bitcoin
One of the main attractions of investing in Bitcoin is that you do not require a certain initial sum.
Some platforms even allow you to acquire an amount equivalent to $2 of the Bitcoin unit. However, investors do not usually capitalize on such low amounts due to these platforms’ transaction fees, either for transferring, acquiring, or selling.
Most cryptocurrency financial advisors suggest investing an amount greater than $6, considering that you will be supporting an amount you will not regret investing.
The large-scale profits that Bitcoin investments can generate are not results that are seen overnight, this is a time-consuming process, so future users should be aware of this rule.
Let us remember that the greater the investment, the greater the risk, or the more significant the profit; everything will depend on the strategic analysis and the investment action plan that the user wishes to apply.
It is crucial and, in many cases, decisive to take into consideration the investment times; consequently, for seasons, many spoke of the downward trend of digital currencies as a negative aspect without considering the factors that contributed to this trend and vice versa in the case of being an uptrend.
Observing the market cycle is one of the main strategies to consider before investing, not only at the initial investment but throughout the period that you are willing to invest in cryptocurrencies; it is a mandatory daily task.
Conclusion
Although for many people, the digital currency market represents a high risk for anyone who wants to invest their savings to see their value increase in a determined period.
It is not a wrong idea to invest in them. Every user must first design the strategies that allow them to have a high level of tolerance for the risk of capital loss or, on the contrary, learn how to handle emotions in the face of unexpected profits.
