I thought of labelling the Title as Black Friday Crypto Sale but since it's Tuesday this Title seems fair.
At the current moment everything in the Crypto world is in Red. They are all in Bleeding Mode. There are only a couple Cryptocurrencies that are holding a bit of Ground. It's actually four to be exact which includes GAS, Cryptonex, Ethos and Tether.
Now some of you guys who are new to this part of the Universe might think that its all over. But you need to see that Tether has a lot of Volume (24hr) so its quite possible that some major Whales are letting the Storm pass by and waiting for a Good entry Point.
This is a Golden opportunity for the rest of us. If you missed out on the Christmas Sale you must definitely Jump on this Sale and get some Coins you like. There are several Hidden Gems in the Market go and Grab some of them.
I just wanted to tell you Guys just stay Stong and ride out this Storm.
There is always Light at the end of a Dark Tunnel.
That's it for this post.
See you guys in my Next Post.
There are no bad fundamentals so the current situation is only driven by emotions / technicals. The deeper it falls the harder the bounce will be. HODL
It's a very tricky thing as SBD are supposed to always be at an equivalent of 1 USD. But the recent interest in SBD and the fall of Tether gave SBD a high Boost.
On the other hand, it can be clearly seen that SBD is declining as BTC is declining so we have to wait and see if SBD still declines even after BTC booms.
Good time to buy. Majority of coins are down 20-35%. Some great coins SHIFT, AIR,ENG,ANT,BAT are all very cheap. Their fundamentals haven't changed, theres no detrimental news (*i.e - USA banning crypto) everything is dropping heavily due to the fall of BTC.
There are no bad fundamentals so the current situation is only driven by emotions / technicals. The deeper it falls the harder the bounce will be. HODL
Yeah china took over the "ban torch"...Here's my prediction:
"Game Over For Cryptos?"
https://steemit.com/bitcoin/@benkalashnikov/btc-update-analysis
@michiel I was hoping to ask you if you are interested in leasing out Your Steempower. I will pay you every week for your leased out SteemPower.
Sometimes big Whales dumps a lot of BTC to tank the price to a low point only to get in again at a huge profit. It may be the case this Time too.
Even the Korea FUD is almost gone after the Government said that they are not banning exchanges in Korea.
What do you think about the drop in SBD value to USD? Is it going to come back up anytime soon?
It's a very tricky thing as SBD are supposed to always be at an equivalent of 1 USD. But the recent interest in SBD and the fall of Tether gave SBD a high Boost.
On the other hand, it can be clearly seen that SBD is declining as BTC is declining so we have to wait and see if SBD still declines even after BTC booms.
I guess that will be the deciding point.
Made a blog post about SBD. It's still valid, though have to point out that the E wave is extended now due to the crypto crash
https://steemit.com/bitcoin/@benkalashnikov/steem-dollars-sbd-analysis-176-potential-profit
It's nice to see you have made a nice post about the Technical Analysis of SBD but it is kind of rude to post your links in other people's posts.
Just ask others to visit your Blog.
I know I certainly would visit your Blog. But try to not post any links in other people's posts.
Today really black Tuesday agrees with you!
If you have some Free cash to spend go Dive in the Sale. You won't regret Buying almost anything.
Good time to buy. Majority of coins are down 20-35%. Some great coins SHIFT, AIR,ENG,ANT,BAT are all very cheap. Their fundamentals haven't changed, theres no detrimental news (*i.e - USA banning crypto) everything is dropping heavily due to the fall of BTC.
Even South Korea has declined the News of them banning Crypto exchanges. It's just a matter of waiting out the storm and the Market will boom again.
You got a 2.36% upvote from @postpromoter courtesy of @arunava! Want to promote your posts too? Check out the Steem Bot Tracker website for more info. If you would like to support development of @postpromoter and the bot tracker please vote for @yabapmatt for witness!
Menarik
shifu says HODL!
Nicely said Shifu.
HODL that S***
very positive post!
thealliance