Shutdown for Silvergate affecting the Crypto company stocks//10% to tron-fan-club

the _{cryptocurrency market, things are connected. It means that when seeing some negative news then it affects the market and seems like the current market fall is also because of the negative news.}

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Silvergate has announced the shutdown of their cryptocurrency exchange and because of this their share price is going down and even the market is falling. Bitcoin is trading around the price range of 20k USD and Ethereum is less than 1500 USD. This is a clear dip of approximately 20% and that is not all as other coins are also in red and there also we can see the price fall of 15-20% or even more.

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We are in the bear market and this is one of these situations when negative news impact a lot because people are already in fear and because of this, there is more selling pressure than buyers. Things may not be good for many but I still believe that it's time to buy even though the market is down and gold is time to buy at a low price. We can not expect the Bitcoin price to towards 10k as that is highly unlikely to happen.

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This is hard to believe that crises are going to that range but again people who are here from vision must be buying as much as possible. Whenever we no what the bottom is going to be and it is very difficult but buying in parts is something that can help us to achieve a better buying and average price altogether. This is why even DCA is helpful as we do need not do much and all this is done by the platform itself. It saves time and effort and the purchase happens in automatic mode.

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Pixabay

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We just need to maintain funds in the wallet and that's all we need to do to ensure that buying happens properly and that too with no manual intervention. So overall if you're here to play for the long term then when people are in fear it's time for us to enter there is a risk but with more risk, we also can earn better.

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VOTE @bangla.witness as witness

OR

SET @rme as your proxy

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_{Thank you very much for viewing my post.}