Cryptocurrencies that I bought of 300$ in November 2022. What do you think?

Mr. Plan ₿
Coinmonks
Published in
5 min readNov 4, 2022

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Source photo Overhead Shot of a Tablet and Bitcoins · Free Stock Photo (pexels.com)

Bitcoin (BTC) — 120$

Bitcoin dominates the market as the most valuable and widely used cryptocurrency. The longer it has been around, the more proof there is of its durability and the practicality of BTC currency. Our research, along with that of many other crypto market analysts, has led us to the same conclusion: Bitcoin (BTC) is the best cryptocurrency to invest in for the foreseeable future (2023).

We include it here because despite frequent and severe declines in value, it has always recovered quickly and risen to new heights, which is why we include it here. After losing more than half of its value in a crash in the middle of 2021, it quickly recovered and reached new highs in the following months. We are convinced that BTC will try to replicate this trend before possibly rebounding to new heights if the market begins to recover in late 2022 or early 2023.

Experts predict that by the end of 2023, it will have risen by as much as 300%, which will be more than enough to get it back to its late-2021 highs. Numerous crypto researchers, fintech professionals, and investors anticipate a surge of over 500% before the turn of the decade, taking the price to and possibly above $1,000,000 in value.

Ethereum (ETH)-80$

Ethereum is one of the top cryptocurrencies to invest in for 2023 due to a number of factors. The first is its exceptional toughness, which has allowed it to quickly recover from each crypto market downturn and then soar to new highs. Investors are confident that it would surge by 400% or more once the market starts recovering, allowing them to reclaim their gains from 2021 and potentially even racing to new highs.

Second, the Ethereum ecosystem is very active and growing. In the most recent instance, the shift from the Proof-of-Work (POW) to the Proof-of-Stake (POS) consensus process finally took place. Because of this, the Ethereum network is both more scalable and more efficient.

It will also reduce the number of ETH tokens in circulation, which should lead to fewer tokens being staked. It was anticipated that these two, along with other significant network advances, would cause ETH to recover and send token…

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Mr. Plan ₿
Coinmonks

Passionate about personal development and crypto/stocks investments, I share valuable insights for your success . For collaborations vremaroiua.medium@gmail.com