The crypto space is experiencing a high activity season, having awakened from deep hibernation following the long crypto winter. However, questions will always exist in cryptocurrency and blockchain, like, ‘When is the best time to sell?’, ‘ How long should I HODL?’, or ‘Can I still buy Bitcoin?’
In this piece, we will look at Bitcoin (BTC), Cardano (ADA), and Borroe Finance ($ROE), taking a look into how they are doing and trying to see where they are going.
Is Now the Right Time to Buy Bitcoin?
The above question is on many lips and more minds. With the price of BTC rising above $46,000, the pioneer cryptocurrency continues to give many crypto traders and enthusiasts hope. This hope is slowly catching the attention of onlookers and skeptical players alike, leading to the question.
However, many factors hinder a direct response to the question. The best advice for buying and trading assets is to buy low and sell high, and BTC’s days of low status appear to be over. So, except if the buyer expects to wait longer to register gains, 2023 may have been the best time to buy Bitcoin.
Another factor to consider is the approaching halving event. This event has hiked the price of BTC in the past, and this year’s might not be any different. Since it is still some months away, this may be the best time to buy and HODL Bitcoin.
Finally, we are still talking about cryptocurrencies, and it is still a volatile space, so the need to do your research and check the pros and cons still exists.
Bitcoin is in the crypto news, especially as the first wallet by Satoshi registers a new transaction worth about $1.2 million. However, certain altcoins and blockchains are on a steady ascent, with higher leaps expected. Cardano is one such altcoins.
$ROE Presale Getting Closer to the Moon
As more cryptocurrency projects are developed, the need for relevance is increasing, and based on this reality, Borroe Finance ($ROE) thrives.
Borroe Finance empowers Web3 growth with AI-powered funding, and it does this by giving Web3 creators a better way to source funds for the growth and expansion of their business. The $ROE token powers the Borroe Finance ecosystem that brings together lovers and players of the Web3 space so that the space is sponsored and supported on its own. In contrast, the traditional financing options are not designed for the emerging world of Web3 and so can’t finance it efficiently.
Unlike one of the many hype-driven coin offerings today, the $ROE presale has grown from seasoned investors who recognize its potential and have secured their stake in the pool. The current third stage of the sale has the token selling for $0.0175 and is about 98% complete, with over $2.4 million raised so far. By the next stage, $ROE will sell for $0.019 per token.
Cardano’s Hoped Ascent
Cardano blockchain provides a platform to build smart contracts and, in turn, to create decentralized applications (Dapp) and protocols. Its native token is ADA, and judging by the crypto market cap, it is one of the biggest cryptocurrencies on the block.
From new products added to advance its building experience to the recorded substantial developer activity on the Cardano blockchain, many factors predict a positive impact on ADA’s price, taking it closer to the moon. Some analysts predict the coin will reach $5 in 2024. ADA was going for $0.4998 at the time of this writing.
While the Bitcoin price hike is based on expectations and the ADA price rise on predictions, hope, and speculation, Borroe Finance’s $ROE price ascension is from investors’ trust due to research on the project.
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