Christmas sale is on:).... Cryptocurrency market lost 170 billion USD in less than 24 hours!
Hello guys,
The Christmas sale is on so if you don't have your presents yet this might be a great buying opportunity. The coin market capitalization went from 652 to 482 in less than 24 hours loosing 170 billion USD. There are only 2 single coins in the top 100 that are in green at the time of writing. The majority is in double-digit reds.
So what do we do? Do we all sell? Absolutely not, those are great times to buy those dips and add on some of your positions if you have some money left. This might be just a perfect buying opportunity for my fellow Steemians that have not bought their Steem. Steem is currently sitting at 2.63 USD which seems like a big drop from over 4 USD since yesterday. Personally I believe it is very undervalued and dirt cheap and a great buy right here. The ones that bought right at the top the best thing to do right now is to go on vacation, hodl and check the price when you get back. However, do not take this as an investment advice, only my thoughts.
Please feel free to check out some of my other recent posts.
Please stay vigilant and help to fight plagiarists on Steemit! 請保持警惕，並幫助打擊Steemit上的抄襲者！
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Tomas
CEO & Founder of CGH
heart attack this morning....drop like roller coaster.....phew
Yep, even bigger couple of hours ago... nothing new.... new all time highs coming soon....
Today I will go shopping 😍
absolutely, have fun at it!
I wanted the market to crash so i could buy it :D
There you go, hope you did! Steem will be good to you if you do!
I agree with you is a good time for buying but people fear the price will go down below 10000 in the end of this month
Everything is possible.... could as well do that.... but we all know where it will go next... MOON TIME:)....
Should we be worried about cryptocurrency prices? Everything is red on coinmarketcap but we definitely shouldn't be worried about that.
In July this year something similar happened. Ethereum went from $400 to $150 and Bitcoin dropped 35% being at that time around $1800. And people panicked and sold, big mistake watching today prices.
This kind of correction was expected. Let it be over and the prices will rock again. We might see this one because of the Christmas but I am really happy, it is shopping time.
@czechglobalhosts
@salahchiva See you at the store, time to shop!
Enjoy your shopping! I hope you have a good list:)....
Ethereum had a really dramatic dip this morning... sadly didn't see it earlier :/
and dip continued..... hope you got what you wanted to..
Nah, it did not reach this morning's low :(
Classic coins
Occupies the top ranks
What is the reason for this
No reason, just a sell off, correction, whales manipulation.... regular stuff in the crypto space....
We'd be buying, but we are attempting to cash out of Coinbase which is proving more challenging than expected. We sold and asked for wires and it has been muuuch longer than expected to withdraw our funds. Any idea what the best exchanges are to go from US fiat to coin?
I am personally using Bitstamp and Bittrex which work perfectly fine..... not sure if you will be able to use those though.. hope it all works out for you....
Also we have lost some money; steem price drop down. But I'll hope to steem and steem price will rise before next year. Tks for update.
sooner or later it will..... to be honest I don't care if it does any time soon.... I am confident that long term we will be up significantly...
Yes...1000% agree with U @czechglobalhosts
All top coins have red now....I think that is right time for buy and hold some coins..and I think market is can green very soon...
Actualy I like steem archive 10$ mark in 2018 frist quater...
Good luck sir...
I am sure it will hit 10...like you say...