RED ALERT RED MARKET
If you are wondering why today almost all the coins are in red numbers, it is due to the different alterations on the future of the cryptocurrency and its mining that can be remembered today in the XIX Congress of the Communist Party which is being realized right now.
Less than 24 hours ago the global market capitalization(Total Market Capitalization totaled about $ 175,000,000,000 and has now dropped to $ 160,000,000,000
$ 15,000,000,000 have "flown" in less than 24 hours, surely awaiting the outcome of the Chinese Cogress. It is only about 9% of what, in my view, means that investors are less and less afraid about the outcome of this Congress.
However it is advisable to be alert as this situation can generate good buying / selling opportunities.
Good luck
(pics took from coinmarketcap.com)
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Ty @toadslinger that's the way i'll follow you ;)
As for the 19th China Communist Party, expect quite abit of volatility until the 25th at least.
Anyway this event was long anticipated so nothing to worry much now to be honest unless China annouce something unexpected.
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