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How high can VeChain go? Let’s find out. It’s 2020 and as we’ve all seen in the past year or so, the bull run has come into full force. Massive gains are being made all over the cryptocurrency space, and it doesn’t seem likely things are going to change any time soon. All time high after all time high are being made in the crypto space with Bitcoin just moving above 60k for the first time. With price targets between 100-500 thousand dollars this year, it doesn’t seem likely that this will end any time soon. Ethereum is also moving up with the recent news that their new update to improve the scalability of their network has been confirmed and will start being rolled out across 2021. It doesn’t seem likely that the bull run is done yet, and it’s been estimated that judging by previous cycles the bull run will likely continue till around September time, when a bear market will likely be triggered by parabolic market activity. Altcoin’s will most likely pump for a month or so after this, as money rotates out of Bitcoin for a final euphoric push to the upside before a bear market comes into full force. It’s important to remember that smart investors will take profits on the way up and on the way down as their assets appreciate in value, in order to minimise the risk towards themselves as in case the market turns against them quickly. In cryptocurrency volatility is extremely high, which is why huge gains can be made, however it’s also important to remember this can also easily turn against investors as well. If August comes around and the market is still pumping, it may be time to start considering taking profits on cryptocurrencies, as peak euphoria may be extremely close. In this video we’ll be taking a look at VeChain, and how high it can potentially go in the future. Make sure to watch the video till the end for all the essential information. This is not financial advice and is for entertainment purposes only. We always stress that you do your own due diligence. Please Like and Subscribe. Welcome to Crypto Maximalist, let’s begin.
DISCLAIMER: I am not a financial advisor, nor is any of the content in the video financial advise. These are simply opinions and should be in no way construed as personal advise on investment. This channel is for entertainment purposes only and you should always do your own research before investing.
#Bitcoin #Ethereum #Crypto #Cryptocurrency #BullMarket
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