Market Status (It's a Red Day)

in cryptocurrency •  7 years ago 

It's a Complete Red Day today. The Market is Bleeding out badly. Almost every single Cryptocurrency is in the Red Zone.

market1.png

Bitcoin has gone Down 20% and is now sitting at around 14000 USD. That's a huge Drop. I guess it's the Market Correction which was overdue for a long time.

market2.png

As you can see almost all the Cryptocurrencies are in Red plus many of them are Down in Double Digits. This is a huge Correction. Surprisingly there are only three Cryptocurrencies which were above Water.

market.png

Those 3 Altcoins are Kin, Electroneum and Ripple. I know why Electroneum and Ripple are on the Green but I have no Idea why Kin has been in the Green. I think there might be some Pumping going on.

Authors get paid when people like you upvote their post.
If you enjoyed what you read here, create your account today and start earning FREE STEEM!
Sort Order:  

exactly the time to go in for the kill :D I smell blood in the water.

I already took some Swings and loaded my Wallets. hehe.

Can you explain quicly why Ripple and Electroneum stays on the Green ?

Thanks for the post

Hold the coin !

Electroneum is on the Green just because John Mcafee recently Tweeted about it basically saying how awesome it is.

mc.png

mc1.png

And as for Ripple it's simply FOMO.

this is the right time to invest if we have money..great info

The Steemit payouts are helping me a bit. I buy other coins using SBD.

me to , just invested in bitshares recently

I did pretty good yesterday with XRP... sold at 1.15 thought overnight at .95

I sold my XRP at around 1.05 USD and now I am waiting for a sharp Dip to buy back in.

I did pretty good today with XRP too... bought at .98 sold at 1.08... rebuy order in at .95.

Nice trade but I am waiting for it to go down to at least​ 60 cents or 70 cents.

I noticed the same this morning, I guess its a good time to hold and wait to see where things go

Some of this bleed out is because of Christmas as many people are cashing out to buy some Gifts for Family.

And the rest is because of FUD. The newbies in cryptocurrency are thinking it's the end and selling out at a loss.

That makes perfect sense I just sat back and enjoyed the ride

I bought so much today :D
So glad I sittin on my Electroneum ^^

I really did miss my opportunity on Electroneum. Now I am waiting for it to Dip below 5 cents to buy some and HODL.

Yeah, go for it. It was a badass ICO.