Hello guys,
The Christmas sale is on so if you don't have your presents yet this might be a great buying opportunity. The coin market capitalization went from 652 to 482 in less than 24 hours loosing 170 billion USD. There are only 2 single coins in the top 100 that are in green at the time of writing. The majority is in double-digit reds.
So what do we do? Do we all sell? Absolutely not, those are great times to buy those dips and add on some of your positions if you have some money left. This might be just a perfect buying opportunity for my fellow Steemians that have not bought their Steem. Steem is currently sitting at 2.63 USD which seems like a big drop from over 4 USD since yesterday. Personally I believe it is very undervalued and dirt cheap and a great buy right here. The ones that bought right at the top the best thing to do right now is to go on vacation, hodl and check the price when you get back. However, do not take this as an investment advice, only my thoughts.
Please feel free to check out some of my other recent posts.
Please stay vigilant and help to fight plagiarists on Steemit! 請保持警惕，並幫助打擊Steemit上的抄襲者！
Price of 15 SBD/195 USD: 7 World's Continents photo challenge weekly winner announcement #11.
ColorChallenge - Yellow Wednesday - @justdentist in 7 World's Continents Photo Challenge!
7 World’s Continents Photo Challenge - some of the best pics of the past few days! 世界7大陸照片挑戰賽 - 過去幾天一些最好的照片！
Tomas
CEO & Founder of CGH
heart attack this morning....drop like roller coaster.....phew
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Yep, even bigger couple of hours ago... nothing new.... new all time highs coming soon....
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Today I will go shopping 😍
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
absolutely, have fun at it!
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
I wanted the market to crash so i could buy it :D
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
There you go, hope you did! Steem will be good to you if you do!
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
I agree with you is a good time for buying but people fear the price will go down below 10000 in the end of this month
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Everything is possible.... could as well do that.... but we all know where it will go next... MOON TIME:)....
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Should we be worried about cryptocurrency prices? Everything is red on coinmarketcap but we definitely shouldn't be worried about that.
In July this year something similar happened. Ethereum went from $400 to $150 and Bitcoin dropped 35% being at that time around $1800. And people panicked and sold, big mistake watching today prices.
This kind of correction was expected. Let it be over and the prices will rock again. We might see this one because of the Christmas but I am really happy, it is shopping time.
@czechglobalhosts
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
@salahchiva See you at the store, time to shop!
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Enjoy your shopping! I hope you have a good list:)....
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Ethereum had a really dramatic dip this morning... sadly didn't see it earlier :/
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
and dip continued..... hope you got what you wanted to..
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Nah, it did not reach this morning's low :(
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Classic coins
Occupies the top ranks
What is the reason for this
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
No reason, just a sell off, correction, whales manipulation.... regular stuff in the crypto space....
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
We'd be buying, but we are attempting to cash out of Coinbase which is proving more challenging than expected. We sold and asked for wires and it has been muuuch longer than expected to withdraw our funds. Any idea what the best exchanges are to go from US fiat to coin?
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
I am personally using Bitstamp and Bittrex which work perfectly fine..... not sure if you will be able to use those though.. hope it all works out for you....
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Also we have lost some money; steem price drop down. But I'll hope to steem and steem price will rise before next year. Tks for update.
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
sooner or later it will..... to be honest I don't care if it does any time soon.... I am confident that long term we will be up significantly...
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Yes...1000% agree with U @czechglobalhosts
All top coins have red now....I think that is right time for buy and hold some coins..and I think market is can green very soon...
Actualy I like steem archive 10$ mark in 2018 frist quater...
Good luck sir...
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
I am sure it will hit 10...like you say...
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
40 % correction so far to the BTC price.
I hope BTC does not bleed any more.. otherwise there will be panic in crypto segment.
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
No need to panic, we have all seen this endless times before.... long term trend is up..... this is only creating buying opportunities....
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Everything went red except the Gold! Gold has experienced a recovery of more than 18% in 2016, which reflects the attractiveness of the gold investment market.
But apart from being an indispensable asset in the portfolios of many investors, the yellow metal is of such greatness that it has left an undeniable mark on history.
Indeed Gold is still the best investment.
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Hot news. It's a great buying opportunity to Bitcoin and wait for further information . Thanks for sharing such a important post
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Well stated... It's a perfect opportunity to buy more and HODL
Particularly beneficial to those who invested late.
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Great analysis of bitcoin... Bitcoin break down
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
We've got a very important post to find out the good news , Almost your all posts are very important for us , thanks for share.
I requesting you , Please brother please you visit my account @shakirchy
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
I completely agree that this is a great opportunity to buy some cheap Steem! It'll be back to $4 before we know it.
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Thanks and i agree ofc, no point in selling coins right now, I keep HODL it.
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Mr. Thomas, I agreed with you crypto market loss lot money because steem and SBD worth dropped within last 24 hours. Thanks for update.
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
I started with nothing but a keyboard, and something to say.
I now have over a $1000's !- Whats not to like? Enjoy the ride !
A Happy Christmas, mate
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
wonderful post@
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Very good post
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
I was just thinking about to publish the same thing .
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
@czechglobalhosts,
Cryptocurrency market lost 170 billion USD in less than 24 hours!
OMG this is a huge drop! As you said it looks like a Christmas sale lol :D
Cheers~
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Great analysis :) thank You :) following and follow me :)
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
This is the right time to buy Steem, I am buying and hodling.
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Super sale for others super broke on my part. I just lost around $120,000 the last 24 hours.
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Thanks for update.
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Insane opportunities here. Also with arbitrage between GDAX and exchanges. Interesting times!
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Most posts on this today are titled crypto bloodbath or some other such reactionary title. Thanks for reminder it's an opportunity
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
This correction of BTC was due since long but today BTC crashed so heavily that there is intense bear market.
I hope to see some recovery soon.
Thanks
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Its scary to catch a falling knife, so I just want to wait and see the BTC price, some consolidation is expected from here on. Let's see.
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Amazing but for someone it is destorying this might be due to Christmas I might go for shopping today
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Totally agree with Your post @czechglobalhosts! Up voted!
p.s. if You like photography, You can look at my portfolio :)
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
The time of reconing had to come this was a much needed correction that we needed :)
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
good read, thanks
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit