Bitcoin dropping, panic following Binance rumors: Do some shopping
Hey lads, we have an opportunity in front of us. BTC along with most coins are dropping in price, after a negative news about possible hack in Binance exchange suffered the internet. There is nothing to worry about, this happened only to few individuals who used bots for crypto trading utilizing their API which was stupid in the first place.
Now, what is that smart thing we can do right now?
ahem buy your favorite coins in heavy discounts, yes go grab your shopping baskets and rush to your favorite exchanges and start placing buy orders before people realize it's nothing to worry about.
This negative news have created FUD in the market but, as a smart crypto trader what should you do? Swim against the current, buy when everyone else is selling and sell when everyone is buying.
There, that was my 2 satoshis for you dear steemians, hurry up get some coins and book your profits.
PS: Don't use all of your investing funds all together, Instead buy in different batches so you won;t miss out even if the prices drops further.
Follow @shonyishere
Thoughtful advice. the market is indeed easily affected by rumors and hacker news.
I hope you got some coins in discount :)
Congratulations! This post has been upvoted from the communal account, @minnowsupport, by shonyishere from the Minnow Support Project. It's a witness project run by aggroed, ausbitbank, teamsteem, theprophet0, someguy123, neoxian, followbtcnews, and netuoso. The goal is to help Steemit grow by supporting Minnows. Please find us at the Peace, Abundance, and Liberty Network (PALnet) Discord Channel. It's a completely public and open space to all members of the Steemit community who voluntarily choose to be there.
If you would like to delegate to the Minnow Support Project you can do so by clicking on the following links: 50SP, 100SP, 250SP, 500SP, 1000SP, 5000SP.
Be sure to leave at least 50SP undelegated on your account.