Almost all of the top and not so top coins and tokens are bleeding see coin market cap and we have seen this time and time again-however is this the end of our dear crypto space or is it a strategic opportunity to increase your holding and thus wealth? Here are some few points:
**Market Ups and Downs: **Markets almost never move in straight line rather up and down so take advantage when it is down by buying some top coins and or tokens very cheap (see white list section of www.elyte.io) , hold and take some profits when it is up. This strategy will always keep you safe .
Be fearful when others are greedy, and greedy when others are fearful - Warren Buffett.
Efficient Market: Forget those that claim that they can predict the market because if they can do so, then no need to share their secret with the world –they are rather using people to make money claiming to read candle sticks or chats. Cryptos, for example, are influenced by speculations (especially bankers that are rightfully terrified of cryptocurrencies disrupting their monopolies and thus spread bad news), emotions and news –therefore if you want to follow the money, then follow the news and be fast to react accordingly without emotions-click here and see my former post about this issue
Asia buyers: Asia is still the biggest crypto market especially South Korea and China. Do you remember that since 4 years ago, cryptos are red during this time, why? The answer is the Chinese New Year celebration. Rightfully, our lovely Chinese and Korean crypto lovers will spend their gains this period rather than buy or hold. Stock markets, on the other hand, see gains during holiday season because most retails and entertainment stocks rise. Cryptos,however, bleed during big holiday spending and gain after holiday period-therefore chill and expect a big rebound by February.
What do you think? Send in your comments and or suggestions and would you pls resteem and upvote in order to send in your support.
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While dealing with cryptocurrencies always ready for this type of drastic change of prices and rocketing price movement like ripple and market records at the end of December. In my opinion more panic is still on the way but market will recover more efficiently than the past.
I will try my luck on Ethereum Lyte, thanks for the update.
Welcome..you are absolutely correct...upped. I tried on Etthereum lyte and its simply the best...right time to get in before they get listed by next week...success to you.
Top Cryptocurrencies Pending Price Target and their due dates
https://steemit.com/cryptocurrencies/@salahuddin2004/top-cryptocurrencies-pending-price-target-and-their-due-dates
Thank you @charles1 for making a transfer to me for an upvote of 9.92% on this post! Half of your bid goes to @budgets which funds growth projects for Steem like our top 25 posts on Steem! The other half helps holders of Steem power earn about 60% APR on a delegation to me! For help, will you please visit https://jerrybanfield.com/contact/ because I check my discord server daily? To learn more about Steem, will you please use http://steem.guide/ because this URL forwards to my most recently updated complete Steem tutorial?
I feel this is absolutely correct. The reason benind the dip in the crypto value is just that people have takrn out money for celebration and the news is being spread as if the bubble has finally burst. Thats absurd dont believe in the news rather invest in the market on the lower buy price
Good point, however there will always be losers ...so time to buy if you have fiat money
Yes exactly we are on the same page
Ups and downs! The first down was hard on the nerves, but getting used to it now. The strong ones (platforms and tokens with utility) will survive. Scams will go down.
Good point, I agree
always on point and this is a real morale booster. thanks for sharing.
welcome
you give me a big heart. But whatabout SBD and Steem? will it rise in February as well?
All will rise again..what ever comes down must go up especially if it is a good project ...see elyte.io crowdsale
Been seeing the markets for over a year now and this trend is nothing new. Sometimes they fall a little more than expected, but they rebound. Just have to ride the wave for now.
Good point, I agree..
You got a 1.08% upvote from @upme requested by: @charles1.
Send at least 2.5 SBD to @upme with a post link in the memo field to receive upvote next round.
To support our activity, please vote for my master @suggeelson, as a STEEM Witness
BitConnect is a start - hopefully this leads to a cleansing of the other scam tokens that are out there.
I absolutely agree...good point
Yeah, Man you are write about bleeding of cryptos during holiday. There are always time when cryptos bleed but you just have to sit tight and have patience to earn big.
Good point...
I see sense in all the point you raise , especially the Chines and South Koreans holiday influence on falling of crypto price . People spent much money during holiday. good job as usual. upped.
welcome and keep steeming
i guess its just a crash and everything will be fine, just HOLD
Good point
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Thanks a lot for discuss about crypto news ... Carry on. Dear...
what do you like about the post?
@originalworks
OMG very bad news to us why so down all price
what are you talking about bot? read the post and comment accordingly
dear I understand your information is very good but I want to know why now very lowest all Bitcoin and Other currencies if i writing somthng wrong i am sorry
Read posts before commenting to avoid being flagged
The post is good. The title is more like a clickbait. Could have avoided that.
Upvoted.
what is good about the post?
You have mentioned the possible reasons for the bloodbath today. While nobody can exactly tell why this happened, the reasons you provided seem reasonable.
If I were a bot I wouldn't have upvoted you and I wouldn't have mentioned about the clickbait kind of title.
@charles1 , your always on point. This is the right time to buy cheap coins.
The fall in precises of coins at coinmarket is not a new thing in crypto journey, Nice point, I agree with you.
Rise and fall is usually experience in crypto market. this is the right time to buy.
I agree with you @charles1, this is the right time to buy up some undervalued coins like steem and power up.
Wonderful point in here, I am learning a lot about crypto from you. Thanks for sharing
The Chines and South Koreans are very important in crypto. For those that have money to invest, this is the right time to buy because the coins are cheap.
Fortunately I am not clued up yet enough to start dabbling in Cryptocurrencies and wouldn't do so just to gamble. Having said that there are many that will gamble and that's why we get fluctuations. Can you tell me how much in real money terms say 2,000 Steem would be? today's rate would do. I look and I am confused. I'd appreciate your input thanks.