Analysing The Crypto Winter | CA Rachana Ranade
Published: 2022-07-30
Status:
Available
|
Analyzed
Published: 2022-07-30
Status:
Available
|
Analyzed
Predictions from this Video
Incorrect: 0
Prediction
Topic
Status
Bitcoin experienced a 25% rise in less than one month following its lowest point on June 18, 2022.
"As you can see in bitcoin, we saw a 25 percent rise in a matter of barely one month"
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Ethereum experienced a 63% rise in less than one month following its lowest point on June 18, 2022.
"Eth saw a rise of 63% in barely one month"
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Polygon experienced a 163% rise in less than one month following its lowest point on June 18, 2022.
"and MATIC saw a rise of a thumping 163 percent return in less than one month."
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The Taproot update is expected to be a positive development for Bitcoin.
"BTC is coming up with a taproot update and this is going to be a positive sign for BTC."
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The Ethereum merge, scheduled for mid-September, is expected to make ETH more scalable, secure, and sustainable.
"As far as ETH is concerned ETH Ethereum merge is to take place in mid September because of which, ETH will be more scalable, more secure and more sustainable."
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Mainstream entities are adopting Polygon's blockchain for migrating projects to its network.
"you must understand that there are many mainstream entities which are adopting their blockchain for the migration of multiple projects on their polygon network."
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Polygon has partnered with Coca-Cola for an NFT series, Reddit for an NFT marketplace, and was selected for the Disney accelerator program, indicating significant adoption and partnerships.
"Polygon has established partnership with Coca-Cola to release a pride series non-fungible token series on their network, in fact reddit has also announced launching of NFT marketplace on polygon network on the 7th of July, in fact recently Polygon was the only blockchain network to be chosen as a part of Disney accelerator program."
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Bitcoin's value increased by over 2000% within three years following the 2018 crash.
"In the next three years, the value of bitcoin rose by more than two thousand percent in less than three years."
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Bitcoin reached its lowest point on June 18, 2022.
"BTC saw its lowest point on 18th June 2022..."
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Bitcoin experienced a 25% rise within one month following its June 18, 2022 low.
"As you can see in bitcoin, we saw a 25 percent rise in a matter of barely one month..."
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The Taproot update is expected to be a positive development for Bitcoin.
"BTC is coming up with a taproot update and this is going to be a positive sign for BTC."
Pending
The Ethereum Merge, anticipated in mid-September, is expected to enhance scalability, security, and sustainability of ETH.
"ETH Ethereum merge is to take place in mid September because of which, ETH will be more scalable, more secure and more sustainable."
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Ethereum reached its lowest point on June 18, 2022.
"ETH also saw its lowest point on the same day [June 18, 2022]..."
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Ethereum experienced a 63% rise within one month following its June 18, 2022 low.
"Eth saw a rise of 63% in barely one month..."
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MATIC reached its lowest point on June 18, 2022.
"MATIC also saw its lowest point on the same day [June 18, 2022]..."
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MATIC experienced a 163% rise within one month following its June 18, 2022 low.
"MATIC saw a rise of a thumping 163 percent return in less than one month."
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Mainstream entities are adopting the Polygon blockchain for project migrations.
"there are many mainstream entities which are adopting their blockchain for the migration of multiple projects on their polygon network."
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Polygon is partnering with Coca-Cola to launch an NFT series.
"Polygon has established partnership with Coca-Cola to release a pride series non-fungible token series on their network"
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Reddit is launching an NFT marketplace on the Polygon network.
"reddit has also announced launching of NFT marketplace on polygon network"
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Polygon was selected for the Disney accelerator program.
"Polygon was the only blockchain network to be chosen as a part of Disney accelerator program."
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Only cryptocurrencies with strong fundamentals will be able to rise in value.
"only those cryptos who have some good fundamentals will have the capacity to rise"
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It is crucial for investors to conduct their own research before investing in cryptocurrencies.
"the underlying important point is again do your own research."
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Systematic investment, such as through Coin Switch's SIP feature, is recommended for crypto investments.
"you must invest only systematically and you can do that with the help of Coin Switche's SIP feature"
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