The cryptocurrency market is moving, sometimes making trading in it uncertain. Bitcoin seems to be the way to succeed in the crypto industry this year.
ChatGPT prediction
For example, Newsbit.nl lets ChatGTP predict the value of the cryptocurrency. ChatGTP is nowadays the program for AI (artificial intelligence). The program’s knowledge of cryptocurrency is not yet complete, but the program can already predict approximately how much bitcoin will be worth at the end of 2023.
Many factors influence the value of a cryptocurrency. For example, the value is influenced by the possible emergence of bitcoin’s competitors or the number of companies that choose to work with bitcoin.
However, ChatGTP predicted that the digital currency would increase in value anyway and even mentions an amount of between €50,000 and €100,000. That sounds a lot compared to the approximately € 25,000 today, but maybe that is the motivation to get in now. Many bitcoin analysts support ChatGTP’s prediction. They also see that bitcoin may well be worth a ton by the beginning of 2024.
You can regularly read that well-known people like Elon Musk and big investors like Brian Armstrong and Chris Larsen invest money in bitcoin and profit from it. However, where many individuals do something and piggyback on ‘the hype’, these people have some advantages.
The best trading resources and tools for trading cryptocurrencies like bitcoin are only available to people who are willing to shell out large sums of money. In this way, wealthy traders can have the best information, while the amateur, as an individual, sails blindly on the news and actually has the feeling of gambling.
The fact that wealthy traders have advantages because they can pay for information certainly does not deprive the small investor of little money. On the contrary, for the Dutch who would like to board the thunderous train called bitcoin, for example, Immediate Connect offers the right resources, but then for free. That way, the small trader and investor can compete fairly with the wealthy investors.
The only steps that one has to do are to register on the site and ensure that there is money in the account so that you can start trading. The great thing is that transactions can be tested on a demo platform before people participate in the trade live.