Hello All Dear Steemit Friends,
As i posted 2-3 days ago that a crazy market crash is coming very soon but that time most of the people just ignored that post because at that time almost every cryptocurrency was in green and gaining a lot in terms of value but today the situation is totally changed and there is so much blood on the whole cryptocurrency market,
Most of the coins including Bitcoin in the top 100 cryptocurrencies on coinmarketcap are in double digits Ref and getting down and down each minute,
Well if you are holding some cryptocurrencies then their is no need to worry because it's a normal thing into cryptocurrency market because this situation provides a opportunity to new investers to invest more money into cryptocurrencies to boost them more,
If you wanted to buy a coin from a long time but afraid to getting burnt then this might be the best opportunity to buy some good coins that are available at almost 10-20% discounted price and you can also wait for sometime to buy at a even more cheaper price but still we can't predict the market 100% surely so take your position into your favourite cryptocurrency before this market get ready for an another bull run.
Image source:-(https://www.google.com) and (https://www.coinmarketcap.com)
I agree
at first I got a little sad on the market but then I remembered on "Despite crash how much I still have earned?" and I was still in surplus that according to current bank interest rates..... I have alot of time for HODL ;)
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Ya true :)
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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 :)
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Bitcoin Price Today 13.948 $ {12/22/2017}
Right Time To Buy Bitcoin and Make A Profit upto 20%
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Ya but i will prefer altcoins more then Bitcoin :)
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