The market of crypto is fluctuating very much in the past few days. This volatility is creating opportunities for traders to earn some quick money. Which makes it exciting and as well as very difficult to perform usual task of stacking up your favorite coins. As it is difficult to say, where is the actual bottom of a coin. This is where DCA comes into effect. The market can go up and down at any given point. We need to be cautious about our funds and be in track.
The market is basically acting very strange for the past couple of days. "News" of any kind, is sorts of acting as a catalyst. Any news (related to crypto), may that it be positive or negative, it is having an impact in the market, especially about token or the market itself. The latest news about Binance's conference has led to TWT and cake token see a major pump, which is still going in uptrend. The situation is sort of predictable at the moment. If you can grasp what is up coming, you may as well get yourself a ride on that road.
Some potential gains (based on upcoming news/events)
We are aware about the upcoming Land event in Splinterlands. It will not only consume a huge portion of DEC but also give a steady boost to the overall economy of the game. Which will result in reaching the pegged price of DEC. This has happened in the term of price. Any good news drove the price of DEC in the past events. Which is why it is quite easy to speculate that DEC will be reaching its pegged volume once we get to see the news about launch of LAND surfacing the game. $0.0009265 DEC is sitting at this price. That's almost 8% gain in a single trade. Not a bad trade to initiate.
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AI coins
The next trend which might arise in the upcoming bull run, is the AI sector. This sector has seen some major burst in price and also the adoption of AI is happening almost everywhere as we speak. Also not to forget this month, there are multiple projects of AI, who are going to make some significant updates and conferences across the world. This will most likely attract users and investors into the sector. Resulting some insane gains for the token holders. I am keeping my eye on RNDR, FET, Ocean Protocol, AKT.
Best regards
Rehan
Want to play & earn from Splinterlands
Posted Using InLeo Alpha
