By the way, did you notice the Bitcoin price fell quite a lot today?

in #cryptocurrencies6 years ago (edited)

Screenshot_20180611_003820.png

It's a huge drop in price. I'm anticipating further falling. It seems to be affecting alts too. Ethereum took a dive too:

Screenshot_20180611_004051.png

And so did EOS:

Screenshot_20180611_004304.png

They are both plummeting faster than Bitcoin, so if there is a silver lining in all this, there is some trade profits one could make between those three.

BTC vs. ETH

Screenshot_20180611_004653.png

BTC vs. EOS:

Screenshot_20180611_004805.png

But hey, don't take this as a trading advice. I might be wrong on so many levels. ;)

If I had any euros I'd invest in all of them.



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Thanks for the heads up.

Neat bit of info, thanks mate. Well let's see what it does. Is that your photo for the day?

Heh... nope that's not a photo. ;)

Bitcoin sharp sell off is leading every other altcoins to fall sharply and we are still in that phase where the eco system of crypto market is largely driven by bitcoin. Steem is also reeling under pressure.

We are riding waves and this could be the bottom and the right time to go up. stay focused and show some patience.

Nice overview

Yeah got in on a long leverage quite early.. expected for it to bounce a bit earlier but it broke down the resistance at 6800 unfortunately.. from here on it seems it may be a free fall. it will come around eventually..

How is so much money generated? here in my country everything you generate in Steemit is a fortune ... this goes thanks to the fact that the economy is low and with a salary a person does not eat well for 3 days

What's your secret ?

My secret? Well my secret is that I'm going to lose some of my wealth a bit more quickly as long as the prices plummet. I have no additional income and our expenses are a bit high at the moment. I secretly hope there will be an upturn soon, but I'm not going to let fear take over and start selling all my assets.

That's right, with luck it will shoot at a high price, because not only is lost, it is lost every time it falls, Steemit is a great way to generate money for my home


at this moment we all lose, but we must not loosen up because better times will come

Man I have been traveling and just opened my computer about half an hour ago and almost had an heart attack.

I was actually thinking that in June we'll move sideways before going to a bull run. I thought after the December Massacre (and several more after that) nothing would surprise me anymore ............. guess I was wrong.

You know it's really funny and I'm not kidding at least for me, bitcoin and sdb are in a tailspin, but ironically right now I get more VEF( Bs.) for my sdb sales than before even though its value keeps falling, you wonder why? because, the black market price of US$ here Venezuela hasn't stopped climbing and is that the VEF ( Bs.) continues losing value, now that it receives more VEF in anyway means that I have more purchasing power, no Sr the truth is the opposite, this is how we are, pure irony :)

When I started my journey on this platform, I was unaware of the Hodl policy. But later, by interacting some wonderful minds including several Whales I came to know in such situation one should adopt the HODL POLICY(Patience) especially while doing trading ;)

BTC is getting low and low with the passage of time, but I am confident that it's gonna bounce back even more strongly just wait and watch ;)

Yeah. Everyone might be wrong. But your analysis are too accurate regarding to the price fall of ethereum. Its falling day by day. Perhaps its falling faster than it grew up. . 😯

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