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CryptoQuestion — July 2021 News Bulletin
Latest News in the Cryptocurrency and Investment World
Market Overview
For those of us who are avid market watchers then June would have given you a few sleepless nights. Bitcoin saw its price fall by 8% and Ether 18%. However the last week has seen some much needed confidence return to the market with Bitcoin up 8% and Ether up 21%. Although the Fear and Greed index suggests the market is still in a state of ‘extreme fear’ there seems to be a feeling of positivity returning to the market in the form of more institutions and funds investing in cryptocurrency and frenzied development. There continues to be many quality projects trading at a substantial discount to their all time highs. We still believe this presents a perfect buying opportunity whilst there is still blood on the streets.
Market Wisdom
Here are three market wisdoms for you to ponder on:
- To make money in the market you have either to be ahead of the crowd or very sure they are going in the same direction for some time.
- Accepting losses is the most important single investment device to insure safety of capital.
- Willingness and ability to hold funds uninvested while awaiting real opportunities is a key to…
