After a wonderful rise in prices to $ 20, Our $ONIONS closed the first month of 2018 with a price below $ 7, this drop was caused by governments' pressures with regulations, prohibitions, intimidation, theft and hacking of the Cryptocurrency King Bitcoin.
As mentioned before, Bitcoin is directly related to the other Cryptocurrencies so, if the price of Bitcoin drops as a result the other Cryptocurrencies (including our $ONIONS) will also do so.
On the last day of January, the Bitcoin ended to 9900 dollars, something that had not been seen since last November 30, in the course of January it could register the worst decline in the last four years showing a 25% loss.
Despite all these problems, we must not let ourselves be carried away by panic, uncertainty or hasty decisions. We must remember that at the beginning of the year the prices are corrected to rise again, we don’t have to be carried away by alarmist or pessimistic news, ill-intentioned comments or incitements to sell in times of crisis.
The $ONIONS are currently around $ 5.50, but this doesn’t mean it is the end of the world or that the project has failed, DeepOnion is something serious and has much to offer us as future investors with all the good things that are coming, an example are the Android Wallet and many other good stuff.
This is a great opportunity to buy as many $ONIONS as possible before it takes off again ;-)
A friend talked a lot about this coin and explained why he was investing. It all sounds good and looks good but I do wonder why they would choose to call it Onion.
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