Why Avorak AI makes Bitcoin and Ethereum ideal for beginners
Bitcoin (BTC) and Ethereum (ETH) have gained worldwide recognition. These cryptocurrencies have brought massive profits to traders and continue to lead in market capitalization. However, it can be challenging for beginners to make significant profits in the volatile crypto market. That’s where Avorak AI comes in.
When was Bitcoin created?
Bitcoin is the first cryptocurrency of all time. It was created in 2009 by a person or team under the pseudonym Satoshi Nakamoto. Nakamoto published the Bitcoin Whitepaper in October 2008, which outlined the basic principles of a decentralized digital currency system. The first Bitcoin block was mined on January 3, 2009, marking the official launch of the cryptocurrency. Since then, Bitcoin (BTC) has gained a significant following and is the world’s largest and most valuable cryptocurrency. BTC has been on a general uptrend in 2023, with several analysts suggesting that it could surpass the $30,000 mark again sometime soon.
Will Ethereum go up?
Ethereum (ETH) is the second largest crypto by market capitalization. However, ETH’s value has fallen significantly from its ATH, partly due to unfavorable macroeconomic conditions. Despite this setback, traders remain optimistic about the project’s future. One of the reasons for this optimism is the expected increase in utility, speed, scalability and energy efficiency of Ethereum after The Merge. Despite the price correction in 2022, Ethereum is trading 30% higher in 2023, and analysts believe it could experience another price rally in the near future.
How can Avorak AI help beginners?
Avorak is an ecosystem of AI solutions. The project aims to simplify trading for all traders, beginners or experienced, large scale or small scale. Due to various factors, Bitcoin (BTC) and Ethereum (ETH) are perfect for beginners using Avorak AI. BTC and ETH have high liquidity and can be traded in large volumes without significantly affecting prices. Additionally, both Bitcoin and Ethereum have a history of volatility, which can provide great opportunities for traders to make money.
Avorak AI trading bot can help beginners make informed trading decisions by analyzing market data, identifying trends and predicting future price movements. The Avorak Trade bot can also automate trades on multiple exchanges on behalf of the user using AI algorithms to find the best possible trades. Avorak AI recently announced that the Avorak Trade bot had an average hit rate of 72% on spot leverage Bitcoin trades in April. This caused quite a buzz since the AI trading bot has also offered viable price predictions on several cryptoassets, all while in development.
To access the Avorak Trade bot or any of Avorak’s AI services, users will require the AVRK token. You can get AVRK at a discounted price and other benefits through Avorak’s Initial Coin Offering (ICO). AVRK is currently trading at $0.210. The token’s price is expected to reach $1 by the day of launch, thus providing investors with significant ROIs even before being released to the open market. Once launched, AVRK can be traded for other cryptocurrencies or fiat. Analysts such as Jacob Crypto Bury suggest that Avorak’s competitive advantage and potential use cases could see AVRK rise higher when it hits the open market.
For more information about Avorak AI:
Website: https://avorak.ai
Buy AVRK:
Disclaimer: This is a sponsored article and views expressed therein do not represent, nor should be attributed to, ZyCrypto. Readers should conduct independent research before taking any action related to the company, product or crypto projects mentioned in this piece; This article cannot be considered as investment advice either.
