Bitcoin Crashing - What you should do now!

in cryptocurrency •  7 years ago 

Everyone is freaking out about the falling charts.
image
Why is this happening?
On 14th September 2017, the second largest Exchange in China declared the following:
“After carefully considering the announcement published by Chinese regulators on 09/04, BTCChina Exchange will stop all trading on 09/30.”

What does that mean for all of us?
The Chinese traders and investors want of course to get their profit out of this exchange. So thousands of chinese are changing their btc and other altcoins into their local fiat currency.

The result?
The charts are dropping constantly. Everyone is in panic.
Coin market cap decreases from about 40 billion $!
BTC looses price volume of more than 1,000 $!

What to do now?
JUST HODL! Keep calm, relax. Close your laptop and do not panic in any way. Just listen to them people that have experienced all that again and and again and do it the same way:
Be fearful when others are greedy and greedy when others are fearful!
Warren Buffett

Source of the picture: https://siliconangle.com/blog/2013/06/12/did-prism-cause-bitcoins-value-to-fall/

cryptocurrency bitcoin crash cryptoleen
7 years ago by

Downvoting a post can decrease pending rewards and make it less visible. Common reasons:

  • Disagreement on rewards
  • Fraud or plagiarism
  • Hate speech or trolling
  • Miscategorized content or spam

Submit
$0.38
  • Past Payouts $0.38
  • - Author $0.36
  • - Curators $0.02
20 votes
4
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:  
  • Trending
    • [-]
      ·  7 years ago 

    What we should do now? I don't know about anyone else, but I'm buying more! China can stick it where the sun don't shine!

    Downvoting a post can decrease pending rewards and make it less visible. Common reasons:

    • Disagreement on rewards
    • Fraud or plagiarism
    • Hate speech or trolling
    • Miscategorized content or spam

    Submit
    $0.00
      3 votes
      [-]
        ·  7 years ago 

      :)))))) good work dude

      Downvoting a post can decrease pending rewards and make it less visible. Common reasons:

      • Disagreement on rewards
      • Fraud or plagiarism
      • Hate speech or trolling
      • Miscategorized content or spam

      Submit
      $0.00
        2 votes
        [-]
          ·  7 years ago 

        Congratulations @cryptoleen! You have completed some achievement on Steemit and have been rewarded with new badge(s) :

        Award for the number of comments received

        Click on any badge to view your own Board of Honor on SteemitBoard.
        For more information about SteemitBoard, click here

        If you no longer want to receive notifications, reply to this comment with the word STOP

        By upvoting this notification, you can help all Steemit users. Learn how here!

        Downvoting a post can decrease pending rewards and make it less visible. Common reasons:

        • Disagreement on rewards
        • Fraud or plagiarism
        • Hate speech or trolling
        • Miscategorized content or spam

        Submit
        $0.00
          1 vote
          [-]
            ·  7 years ago 

          This post recieved an upvote from minnowpond. If you would like to recieve upvotes from minnowpond on all your posts, simply FOLLOW @minnowpond

          Downvoting a post can decrease pending rewards and make it less visible. Common reasons:

          • Disagreement on rewards
          • Fraud or plagiarism
          • Hate speech or trolling
          • Miscategorized content or spam

          Submit
          $0.00