"No one is saying DeFi hasn't been around for a while. This might help accelerate more people focusing on it.
Moya coindesk
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It is another good time in the crypto space as BTC prices shoot up faster than we imagine amidst the ongoing crises happening between Russia and Ukraine. After the fall in price which happened weeks ago, we experience it pumped up to 16% within a day even though the volume is still very poor. This is really a good news as traders are happy once again, but is the pump here to stay?
There are lot of news going round on how citizen are finding ways to keep their assets safe after the sanctions imposed against Russia currently, national bodies have prevent transfer of assets which greatly affect Russia own currency, and the only thing they can do is to find way to secure their assets amidst the crises. Where else can we safe our assets? is the most trending question. Going into crypto's always help a lot and there is high probability that crypto adoption now will really increase as more wallet is been created because of how safe and fast it is when it come to transactions.
There is one thing the market always adhere to which is time, after the huge bitcoin crash back to around $30k, there is always this strong believe that it will go all the way down to 15k usd which make people start getting scared, but amidst the numerous crashes, we are still in an uptrend if well analysed. If are you are deeply into cryptocurrency, you shouldnt allow the sudden rise to influence your decision because the volatility will always happen and that shouldnt change your investing strategy, dont buy when you shouldnt buy because you see it pumping and dont sell when you shouldnt sell. Always take profit when necessary and cut your where necessary.