RE: The Scary Blood Moon On Cryptocurrency Market 😱😱 !!

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The Scary Blood Moon On Cryptocurrency Market 😱😱 !!

in cryptocurrency •  7 years ago 

i don't see that crash everybody is talking about. the people are just loosing right perspective. a 6 hours chart is for professional daytraders (and also this may not use that only for decision making).

below is the 1 month chart in log scale and we see that we are still way forward from were we started from a month before.

my opinion on the market right now: a lot of the small coin holders don't wanna bother on holidays with watching their wallet all the time - thats why the take out at least some money. and these are mostly right with that. maybe also the within the professional market some big whales are betting short on crypto and the futures have to backup. but i have to less knowledge how this works to be true.

anyway, i see it very positive because i see a open door for reinvesting in the market. but i will wait until after christmas days..

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Thanks for your comment buddy and you are right we are still far ahead from where we started this month and this is a good opportunity to reinvest into some good potential cryptocurrencies :)