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- A leading Blockchain consultant Denis Smirnov advised the Russians to invest their savings into Bitcoin and other altcoins.
- Denis Smirnov also said in a recent interview that even while the Ruble is crashing to the lowest point.
- At the end of this week, the USD and Ruble pair saw a slight dive after a whole week of the climb as per the data by Moscow Exchange on Friday.
With the crashing of Russian Ruble due to the energy crisis, a leading Blockchain consultant Denis Smirnov advised the Russians to invest their savings into Bitcoin and other altcoins.
This is an advantageous period as the market value of the Bitcoin, and other assets are at their lows for this year, and the Russians can take advantage of this and invest in these low prices.
Denis Smirnov also said in a recent interview that even while the Ruble is crashing to the lowest point, the investment on Bitcoin looks safer and cheaper and stands out as an attractive asset. However, the liquidations on these assets took place this week.
Denis was, however, optimistic, saying that the markets will soon recover, and it will happen shortly in May this year after the predicted Bitcoin halving after which, according to the expert, the price will soar high. For now, since Bitcoin is at its least market value, Denis believes that this is the right time for investment into the crypto asset.
At the end of this week, the USD and Ruble pair saw a slight dive after a whole week of the climb as per the data by Moscow Exchange on Friday. Bitcoin, when it hit $5000 mark, it reached its lowest of the year mark yet with many altcoins bringing upon the same fate as BTC.
This trend of bears will continue for this week without remorse to market value, but looking at the bright side, this is the best time to invest in the assets before they turn around and climb as it is well known this year according to many predictions BTC will reach new heights. Many predictions are made, but they shouldn’t be made or assumed as the final resort of activity.
Steve Anderson is an Australian crypto enthusiast. He is a specialist in management and trading for over 5 years. Steve has worked as a crypto trader, he loves learning about decentralisation, understanding the true potential of the blockchain.
