It's all about "SURVIVAL OF THE TOUGHEST" - Deep Down Trend in Crypto Market

in #cryptocurrency6 years ago

11.JPG

Hi Steemians,

Here is a quick update, Crypto market is acting like a Niagara Fall, And there is no way to stop it.

Is it a common market move of Another whole lot pump and dump game is at it's peak.

Well. Like i have written in the title "survival of the fittest".
The market is driven by supply and demand and earlier we see a clear fall in trading volume with the price fall but now the investors and seen and learnt market movements and no one is ready to give up. As soon as the price goes down or up people start to buy again and again and again, I have observed it myself on exchanges that how trading volume goes up with the price decline.

The concept have clear and is buildup that crypto market will go up one day. If you are following this trend that make sure this one day can be tomorrow, next year or after 100 years. So make sure to invest the amount you are not willing to withdraw immediately.

The whole market is falling down including BTC, Steem, ETH and all several currencies.

BTC is performing well as compared to all other currencies.
For Example In last 30 days if BTC has fallen 40% then all other currencies have fallen almost 50%.
You can see historical prices.

Now here is a quick tip if the market start falling like crazy, then you can always move your funds to FIAT or if your want to keep it crypto then you can transfer it to.

22.JPG

Because we are crypto lovers and exchanging your funds into Fiat is not a fun thing to do so, this strategy can be followed for short terms or it depends on your own style.
I prefer taking risks.

However Controlling the risk has become a challenging task in this market and New investment should be made with a lot of caution. The market is breaking the support zone one after other. And we are still waiting for that FUD factor which will drive market back to sky.

Think Smart and Stay Cool, It's always a part of game.

Thanks for Reading.

Sort:  

This post has received a 0.22 % upvote from @drotto thanks to: @uxair.

You just planted 0.17 tree(s)!


Thanks to @uxair

We have planted already 3771.69 trees
out of 1,000,000


Let's save and restore Abongphen Highland Forest
in Cameroonian village Kedjom-Keku!
Plant trees with @treeplanter and get paid for it!
My Steem Power = 22706.87
Thanks a lot!
@martin.mikes coordinator of @kedjom-keku
treeplantermessage_ok.png

Coin Marketplace

STEEM 0.18
TRX 0.16
JST 0.030
BTC 65676.04
ETH 2615.45
USDT 1.00
SBD 2.65