However, there are still things that can be done: “Buy long-term positionsCost averaging is still a thing for those who still have money. But, for the most part, this is one of those times in the markets where it’s okay not to do much“, opines this expert. “Cryptocurrencies are not going anywhere, and the sentiment can be quickly reversed. But until it does, things are expected to remain fairly slow,” he emphasizes.
“LThe biggest task for an investor right now is simply to survive this bear market.and if you can find some opportunities along the way to make some money, then all the better.” These opportunities lie in NFT cashes still making money with new mintages, though less than before or token sales can still do money, although most have been delayed.However, his option is to wait for better times: “You can relax,” the analyst concluded.
Not everything is lost. Despite the bearish sentiments in the crypto markets, the Ethereum user base remains strong. Daily transactions on the network have exceeded one million, except for one day, since December 2020. Measuring daily transactions provides a simple and concise view of the overall load being handled by the network.
The number of unique addresses continues to increase each month. There has been no slowdown in the number of new unique wallets since the first spike in December 2017. There are now around 198 million unique wallets on Ethereum, a 14.5x increase since December 7, 2017. Therefore, the only thing left is to resist and of course, take advantage of the fall.
Source: Ambito
David William is a talented author who has made a name for himself in the world of writing. He is a professional author who writes on a wide range of topics, from general interest to opinion news. David is currently working as a writer at 24 hours worlds where he brings his unique perspective and in-depth research to his articles, making them both informative and engaging.
