The whole world woke up to a shocking surprise yesterday 22nd December, 2017 of the downtrend of almost all the cryptocurrency. More than 90% of all cryptocurrency which include Bitcoin, Ethereum, Bitcoin Cash, Steem, Steem Dollars etc dropped in value with an average of 40%.

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To many, it was tag a black Friday in the cryptocurrency word as many who holds one cryptocurrency or more were not happy with the development.

It was a sad day as people kept watching there investment going down in value. Many quickly put their coins up for sale while some try to exchange from one cryptocurrency to another. This resulted in more loss as the downtrend affected almost all the coins.

While all this was going on yesterday, I saw something that many did not see. That was an opportunity to invest more in different cryptocurrencies.

I've said it many times in my posts that the best time to invest is when there is decrease in value. This best time came yesterday as the value of many coins drastically went down.

For investors, yesterday was a good day for us as we can all see that the value of the coins have started coming up gradually. So, the downtrend was a blessing in disguise for people that can see it.

Below is a quick review of some cryptocurrencies. The drastic fall and the current price. All pictures are screenshots taken coinmarketcap

Bitcoin

The value of bitcoin dropped from $20,000 to $11,800. Currently the value is at $14,000

Ethereum

The value dropped from $880 to $540. The current value is at $700

Bitcoin Cash

The value dropped from $4,300 to as low as $1,900. The value currently stand at $2,800

Ripple

The value of Ripple dropped from $1.38 to $0.74. The current value is $1.11

Litecoin

The value dropped from $375 to $187. The current value stand at $272

Iota

The value dropped from $5.69 to $2.80. The current value of Iota is $3.94

Cardano

Cardano dropped in value from $0.59 to $0.29. The current value is $0.40

Dash

Dash value dropped from $1,600 to $864. The value of Dash now is $1,200

Nem

The value dropped from $1.06 to $0.59. The current value is $0.85

Monero

The value dropped from $476 to $255. The current value is $362

Bitcoin Gold

Bitcoin Gold dropped from $488 to $259. Currently, the value has moved up to $307

Ethereum Classic

The value of Ethereum Classic dropped from $47 to $23. The value now is $31

BitConnect

The value dropped from $509 to $244. The value now is $291

Steem

The value of Steem dropped from $4.17 to $2.07. The value now has moved up to $2.81

Dogecoin

The value moved down from $0.008 to $0.0047. The current value is $0.006

Steem Dollars

The value of Steem Dollars dropped from $16 to as low as $6.57. The current value stand at $8.78

Electroneum

The value dropped from $0.12 to 0.075. The current value is $0.09.

As we can all see, the values are going up now and it will still continue to go up.
It is always good to invest (most especially in cryptocurrency) and to know the right time to invest.

Thanks for reading through

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