Let's see if this is the crash I was talking about happening before Aug 1st. I predicted it would happen around the 27th.
So far the market has dropped extremely fast, losing more than $8 Billion dollars in the last 12 hours. A couple of days ago I wrote about selling all my cryptocurrencies at a profit while the market did that little run up in anticipation of the big crash. Let's see what happens
I knew 13 hours ago when the market had been consolidating for a few days that either it was going to move up or down in a big way, I chose down because of the news.
Written 13 hours ago
https://steemit.com/bitcoin/@wvm/it-s-1148-pm-monday-night-i-just-looked-at-the-charts-and-the-market-seems-to-have-made-it-s-mind
After all the talk about BTC going to the moon, I knew the truth was otherwise.... it's not going to the moon.... just yet.
Written 2 days ago
https://steemit.com/cryptocurrency/@wvm/if-bitcoin-is-not-up-by-now-it-s-going-to-crash-hard
There was massive manipulation in the market.
Written 5 days ago
https://steemit.com/cryptocurrency/@wvm/this-market-is-being-manipulated
I think this crash will be bigger than the last bring it down to a $40 to $50 B cap.
Written 6 days ago
https://steemit.com/crytpocurrency/@wvm/let-s-see-how-deep-this-crash-coming-up-will-be
When I first started writing about the big crash.
Written 8 days ago
https://steemit.com/cryptocurrency/@wvm/the-bottom-is-coming-soon-very-soon
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Great post it´s allways good to know about this things!
Im following you !
Resteeming this to my followers. Hope it helps a little.
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Nice job, looks like it's paying off!
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Very good article. It's vital to remember where we stand as a market. Alot of new traders or investors believe this is of significant value. To put it into perspective, the global markets are valued at 50 TRILLION DOLLARS. Remember, Cryptocurrency and blockchain technologies will effect the GLOBAL markets.Two years ago, this space was worth 4 billion with bitcoin making up about 90% out of 550 coins. In the future bitcoin will be small percentage and these bubbles and crashes you will hear about will be nothing more than blimps and dips in the charts. This space probably within the next 5 years will be a multi TRILLION dollar market. Remember if your reading this NOW, your years ahead of the crowd. BLESSED!!! But, as the author stated, understanding some technical analysis and chart patterns could go a long way from keeping you in and out the market at certain points in time.
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You should have put some money on that prediction :)
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I DID! I cashed out completely of all cryptos anticipating a huge crash. Read here, I sold at a profit when the cryptos did that little run up a few days ago. https://steemit.com/cryptocurrency/@wvm/if-bitcoin-is-not-up-by-now-it-s-going-to-crash-hard
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Smart.good luck.
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My bet is that the price recovers later today / tomorrow. Most of the speculation seems to be happening in the Asian and European markets (based on the time of the price drop). Followed by some US Market panicking as well.
All I know is that this looks like another perfect buying opportunity!
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I doubt it. We are heading to a 50 B market cap.... by the 27th.
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That's an interesting view point. I hope you've sold off your coins and are waiting for the dip!
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Yeah of course sold my entire portfolio a while ago in anticipation of the crash https://steemit.com/cryptocurrency/@wvm/if-bitcoin-is-not-up-by-now-it-s-going-to-crash-hard
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This post received a 4.4% upvote from @randowhale thanks to @wvm! For more information, click here!
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Sold all mine yesterday. Can always get back in for a better price cause, because the price will continue to drop. Too many places for people to put their money right now.
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You're the only one who's kept me from buying yet. I've been waiting until the 27th because you've been bang on with everything else so far.
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