Bitcoin Crash Factors

in cryptocurrency •  7 years ago 

The crypto market is not in good shape at the moment.

The factors that might be responsible are:

  • SEC and trading exchanges regulation in the United States.
  • Binance API problem.
  • Mt.Gox mass Bitcoin selling.

The complete story:
Source: https://blockexplorer.com/news/march-bitcoin-crash-caused-sec-panic-binance-issues-potential-mt-gox-selloff/

Check out my previous posts on my crypto blog

  1. Altcoins Strategy for Increasing your Net Worth and Value - https://chesatochi.com/altcoins-strategy-increasing-net-worth/
  2. The Ultimate Airdrop Guide For Collecting Free Coins - https://chesatochi.com/ultimate-airdrop-guide-collecting-free-coins/
  3. Tokenization and Attention Economy Give Power Back - https://chesatochi.com/tokenization-attention-economy-give-power-back/
  4. Earn.com Review – the Emails Provider that Pays you in Crypto - https://chesatochi.com/earn-com-review-emails/
  5. Bloodbath versus 3 Crypto Strategies - https://chesatochi.com/bloodbath-versus-3-crypto-strategies/
  6. The Transition to a Crypto World and the Way your Perceive Value - https://chesatochi.com/transition-fiat-crypto-world/

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For me the big question is whether to double down, and use this "bad market" to buy more? If the market goes up again, then the investment in the "bad market" might be good investments. So will it go up again? Have we hit the low point already?

It is always hard to time the market. If you love a great project and you believe on it, the movement of the market will not influence your judgment on the turbulence we experience right now.

these crashes dont bother me because i plan on holding everything have for at least 3-5 years

This is a great approach, also you can rebalance your portfolio along the way depending on the opportunities on your plate.

this great information I appreciate your bitcoins thanks for sharing this crypto currency news...

My pleasure @Mnayem

thanks for you...

The present state of crypto market is disheartening and discouraging. People around me complain about losses but I hope things get better soon. Thanks for your regular updates💖.

It will, spring is almost there ;)

bro I'm interested to know more about sola.ai what is this ? @chesatochi

It is like Instagram, but people vote for your content and you receive the crypto SOL in return. I made a review on my crypto blog: https://chesatochi.com/sola-ai-review/

1 sol = how Usd ?

The token has not much value, for now, the ICO has finished in December and the team develop the product at the moment.

You can track the value here: https://www.coingecko.com/en/coins/sola

Also, you can trade the token on Tidex and two others decentralized exchanges.