2023-06-01 20:48:02
The world of cryptocurrencies is very attractive due to its high levels of volatility and, with it, due to the possibility of having large profit or loss.
In this context, we communicate with Joan Cwaiktechnological communicator, who spoke regarding the current situation of the main cryptocurrencies in the market.
“We are seeing how blockchain technology gives us a lot to talk regarding”said Cwaik, who later completed: “The depreciation of the peso and the difficult access to the dollar are factors that give cryptocurrencies more strength in Argentina.”
“In May, in the midst of a highly changing macro context, we can see that the most stable cryptocurrencies remain,” explained the interviewee. “In Bitcoin and Ethereum the values are consolidating”he added.
Along the same lines, the expert said that Ethereum had gains of more than 60% in 2022. “Bitcoin reduces its emission every certain number of years, which means that they cannot have inflation”supplemented.
“Over the past few months there has been positive performance in most of the largest cryptocurrencies,” Cwaik explained. “Financial education is essential to enter this worldthis year we learned that cryptocurrencies are not alien to the global macro situation”, he explained.
Also, the communicator said that in Latin America there is a greater demand for cryptocurrencies due to economic instability which is found in most countries.
Finally, Cwaik said that cryptocurrencies are not a haven of refuge once morest high levels of inflation. “We must not invest more than what we are willing to lose, there is still a long way to go”, concluded.
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