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Thursday, December 08, 2022

Crypto Trend in March and its Impact on GreenHash

Bitcoin movement statistics over the past few years suggest that March is not the best time for the cryptocurrency. Often, the coin shows a negative trend within a month. The figures for the last 11 years during March when translated into percentages look like this:

  • Growth – 27%.
  • A sideways trend, which did not change course – 9%.

Regardless, the popularity of cryptocurrencies as a new financial instrument is on the rise. The proliferation of digital assets has been facilitated by the shortcomings of older fiat currencies. Many investors pay attention to bitcoin because it is a staple of the crypto industry. As a result, the demand for the coin is increasing.

Investors will use bitcoin to hedge against inflation as the US Federal Reserve continues to issue money.

One of the key trends that will make it possible to positively assess the prospects of bitcoin in 2022 is its degree of acceptance. The Global Cryptocurrency Adoption Index from Chainalysis, which covers 154 countries, is up 881% compared to 2020.

Many members of the cryptocurrency community believe that BTC will return to $50,000 in March 2022. Besides, it will break the resistance at this level and reach the previous levels of $60-65,000, after which it will reach new highs. Closer to the fall of 2022. Experts predict that the growth of bitcoin will increase by 900% in 2022.

The main branch of investment in cryptocurrency falls on its mining: investors began to actively buy shares of large mining companies, some trying to build their own data centers. This task turned out to be not the easiest: in addition to money, knowledge, labor and nerves, it requires a lot of time to be spent on the maintenance and care of equipment. Therefore, the most profitable way

Investing in cryptocurrency at the moment is cloud mining – the user harnesses the power of large mining farms and deposits the cryptocurrency in a personal wallet. Leave all the work to the professionals and enjoy passive income watching bitcoin grow this year.

One of the most popular representatives of cloud mining is GreenHash, They are the first to introduce cryptocurrency in an eco-friendly way, which allows them to keep up with the times and increase their income while protecting our environment.

Renewable energy sources: The sun, water and wind help increase the mining farm’s capacity, which is An undeniable advantage for everyone who rents electricity from these guys. A large selection of contracts allows everyone, both beginners and professionals, to try cloud mining and add it to their arsenal of passive income. All you have to do is visit their website and get acquainted with the offers.

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Disclaimer: This is a paid post and should not be construed as news/advice.

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