Market in a DownTrend !
The overall Cryptocurrency Market has again seen a slight Downtrend. Now this is kind of hard for me to Explain as there is no Negative News about Cryptocurrencies as Everything is moving in a Positive Direction.
We just got News of Seg-Wit being Implemented on Coinbase and Bitfinex which is a huge news as Coinbase accounts for a Big Chunk of Bitcoin Transactions. That is an Awesome news to get but for some Reason, the Market is still in a DownTrend.
The only Logical thing that comes to my Mind is that some People are Getting their Profits out of the Market. As I have nothing in mind that seems a Viable reason for this.
Please Comment Below if you have any Insight on why the Market is Acting like this.
I hope to hear from you Guys.
See you Guys in my Next Post.
Thanks for information
graet information. dear @arunava.
I noticed that happening when some of my $.01 posts went to zero. Doh! What can I say, I'm a newbie! It'll go back up and I'll get my penny, I hope!
@arunava Good post easy to understand, please on my upvote yes
I hope month of March will best month of crypto market. I am not selling single coin in this month. I bought Litecoin and Nulls and I wand to purchase Iungo. So we hope next month is better month for huge profit.
You got a 0.90% upvote from @postpromoter courtesy of @arunava!
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market up soon
I don't know about that why is it going down.You are my senior.
It is still going down.Its very bad.
Well some are indeed taking the profit out .Have seen few of my known people !It might be true about the fact who knows ,it will soon get up!Let's hope for the best !
Being new, the price drop hit me a little. But I think everything will go better in the future. I'm struggling to start making profits in my posts. But I think it will get better with time.