Bitcoin and cryptocurrency prices have jumped today with ethereum rival cardano making a huge leap higher—even after Coinbase revealed an ethereum surprise last week.
The bitcoin price remains off the closely-watched $50,000 per bitcoin level but ethereum has climbed back over the $3,000 mark after dipping under it earlier today.
Now, as cardano and solana make double-digit gains and outpace other cryptocurrencies, famed investment strategist Lyn Alden has predicted bitcoin will hit $100,000 and ethereum will reach $5,000 as soon as next year.
ReferenceI think Lyn Alden prediction could come true or maybe his prediction could be wrong. For that, my advice if you want to invest in crypto, it is better to invest your funds according to your ability, so that if there is a severe weakening, you do not run the risk of a very large loss.
Well the best strategy is always invest an amount that you can afford to lose. Because even if there is a lot of good news and it seems that the market in a huge bullish trend, there are still a big possibility that the price may drop and we will loss in short crypto investment is totally risky investment and we need to be careful on every decision that we make.