ARE YOU GETTING READY TO BUY THE DIP?
GOOD AFTERNOON STEEMIT!
For the sake of your mental health, don’t look if you haven’t yet, because cryptocurrency markets are a sea of red today.
This is on the back of RUMOURED news out of South Korea. Well not only rumoured news from a minister, but also TRANSLATED, rumoured news.
Take a look at the CNBC article regarding the news here: Bitcoin falls 9% as one of the world's biggest cryptocurrency markets readies a bill to ban trading:
South Korea's justice minister said on Thursday that a bill is being prepared to ban all cryptocurrency trading in the country.
Seriously, what could go wrong here? 😂
But Bitcoin is still getting smashed:
BTC/USD Daily
Now check out this part:
According to industry website CryptoCompare, more than 10 percent of ethereum is traded against the South Korean won — the second largest concentration in terms of fiat currencies behind the dollar. Meanwhile, 5 percent of all bitcoin are traded against the won.
So Bitcoin is down over 10% on the news, but South Korea accounts for just 5% of volume? Can you say fear, uncertainty and doubt?
BTMFD!
Now remember I was asking whether you miss the Ripple breakout? and saying that you’ll get a panic spike pullback to get in at good technical levels? Check out the updated daily today:
XRP/USD Daily
There are opportunities coming. Be ready to take advantage of them.
Peace.
Instagram: @forexbrokr
Website: www.forexbrokr.com
Thanks For Such Advice i Love To Get more in Futute Gona Follow You
Thanks mate. I try.
if your prediction about bitcoin in this year would be the price will be in the past year or even going down again
🤙🏻.
Which currency should I stock up in this dip season.
I already stocked up ample ripple coins. Any other alts to buy atm
STEEM 😎.
Thats a great choice atm I suppose.
Thanks for the advice , my cardano and einsteinuim are getting smashed but I know its time to go long and HOLDDDDDD like Braveheart !!!This ain't my first rodeo.
What the heck is Einsteinium? 😂
Haha I know it always has that response . It is a coin that is geared towards funding scientific research. So that concept has me attracted ethically. The coin recently had a spike and then dropped due to a rumour about the coin being paired with Apple. The company came out and said this is just a rumour and this is not happening resulting in a sell off. Many people would back off at this point and have but I don't see it as a problem its an honest reponse and nothing to do with the tech of the coin. Finally I did see it was mentioned in an article in business insider. Currently at 60c , website looks good with progress road maps so might be worth a gander. Hope this answers your question. Steem on !!!!
Thanks man, I’ll definitely check it out further :)
I’ve given you a follow and will see you around!
No worries I dont post too much about crypto normally me fooling around with instruments or a skateboard . However I normally slide a crypto post in when I can. Here is the article http://uk.businessinsider.com/cryptocurrency-for-scientific-research-is-up-even-more-than-bitcoin-2017-12
Good job, @forexbrokr!
South Korea will make a deep correction for almost all crypto-currencies! We need to wait for better times to buy!
I'm interested in your opinion on Litecoin. If it's not difficult, can you comment please?
https://steemit.com/trading/@maksym7/good-morning-my-dear-steemians-bitcoin-ripple-litecoin
Thank you for the article, forexbrokr !!! Resteem from me.
Not sure if I agree it will be deep. I think it’s way overblown already.