Is this the end of CRYPTO ?What are the reasons ?

in mgsc •  8 months ago

Is-the-Bitcoin-crash-repeating-itself.jpg

Hello Friends,

So we are back on Steemit now with daily new and interesting blogs.

INTRODUCTION:

This blog is all about recent collapse of Bitcoin followed by Altcoins this is because SEC has put an end to the recent ETF approval hype by delaying it till September 30.A slight negative news in the market is enough to shake it fully.

PRICE DIFFERENCES:

Bitcoin which was trading at around 8400-8500$ in the end of July is now at 6500$ within 10 days.This shows how big whales manipulate the market by creating fuds.And always newcomers and small investors are the ones which do panic selling.But in terms of price crash Altcoins beats the bitcoin they are in two digits price drop.

Yes, it a reality that Btc is now standing at 1/3 of its ATH but majority of the altcoins are about 90% dip. This is why we recommend you to be in Bitcoin more than 50% of your portfolio always.

Future of Crypto:

Those who keep saying end of crypto after every price fall are biggest loosers. Block chain technology is here to stay it can be a revolutionary change in our society like mobile phone inventions in early eighties. It is just the beginning of a new era.

We are not in loss unless we sell our holdings. Nobody likes the red candles in the market not even a CEO of a prominent coin but whatever comes up surely comes down too. Soon we will see greenery in the market for sure.

Conclusion:

So is this the end of Bitcoin and Crypto currencies- NO! This is just the start; very few people in the world know about it let the market explore. Just imagine your portfolios after 3-5 years.
1 Jaguar = 1 BTC, see you in the next blog.

Till then you can check our video for top altcoins you can buy now

Don't forget to comment down your thoughts and views about the blog below, this means a lot to us.

Thanks,
Sumit Kapoor
@moneyguruu

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Very sad

In August 2017

We were thinking to have Bitcoin on 6500$ and now it’s there and we feeling as end of the crypto,

But I guess we need have faith in logic of crypto currency.

Market will boom definitely, just need to wait!

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@real-info absolutely my friend only blockchain believers will make profit

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hello dear i have just started working on steemit but i am not getting even 1 upvote how to get more upvotes please suggest something dear
THANKS

Market will grow up soon.

@moneyguruu Crypto will never get ended . It is the future. And I think atleast in Our Life it will not End. It might End in Our Next Life because Who Knows what better may Come. So I think We should not worry with these short term fall. Ups and Down phase comes in every part of our Life. So no need to worry for long term.
By the way Sir Thank you so much for this great Explaination.

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@kmayegaindia thanks for the appreciation we are the part of the revolution

btc will definately cross ath

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@rehan very high chances of touching ATH this year again!

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Ok sir

I think Btc will recover very soon and crossed $ 10k. What You say sir ??

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@ravi7777 i a very much bullish about Btc like you, it will run like like anything in the long run

@moneyguruuThere is no chance for ath in this year. Because the all market manipulate by whales. When they want and think then the market up otherwise no chance to ath in this year.

@moneyguruu sumit bhai what your prediction about bitcion in future because my some friend ask the question about it?

@moneyguruu hello sumit sir me aapka youtube subscriber karib 1 year se aapko me bahut lick krta hun mene abhi abhi steemit pr account banaya hai meri aap thodi help kr doge to aapki meherbani hogi

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FUD describes the spreading of “Fear, Uncertainty, and Doubt” (typically through media).

Hope It Will Help You.

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@buzingsushant FUD- FEAR, UNCERTAINITY AND DOUBT

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thanks to you also

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@imowasib thanks for clarifying him

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thanks for appreciation.

No one can predict the price of any Altcoins because the game of this ups and down trend is now in the hands of big traders who are operating BTC futures .

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Hii sir @moneyguruu
Sir mai apne channel me space series start krne wala hu but mere follower kam h isliye space series bekar ho jayegi to apse request hai ki meri series ko promote kre
https://steemit.com/mgsc/@shubhamsinghdude/starting-space-series

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@shubhamsinghdude Right now i am working on Dropshipping series which can help people to earn lacs/month, thanks i will look into it too

your YouTube videos is two good

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Nice

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hello brother (@bhavaojha) why you not upload any post from last month

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@amritmahal Thanks my friend your appreciation means a lot to me, keep supporting!

Those who trust it, they are a little bit starting to build there partial position its just fluctuate due to trading , very soon it will spike .

No one knows by when it will start accelerating , but we have to take action before its start , best strategy investment start taking partial positions.

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@woodparker absolutely correct my friend take partial entries

@moneyguruu Hi Sir. very informative post . thanks for sharing public place .

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@malikkhuram its just the start a lot more posts are coming

that's very much true when the news of ETF came in the market bitcoin was starting going up and it was trading around 8200 to 8500 within 3 to 4 days and when ETF delayed bitcoin reverse into bearish trend again but There is future and future lies in the bitcoin. for sure
Very nice post well researched and well prepared

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@rahulkoshti thanks for the appreciation, we will try to make blogs on daily basis on steemit as per now.Stay tuned !

Hi #Summit (@moneyguruu), Yup Your thoughts quite similar to me, it is just start of crypto world because only few of people have knowledge about it . As crypto community will increase also value of crypto for sure will increase 📈. Once you buy a bitcoin or any altcoin never try to sell quickly . In Crypto World HODL is besy stragegy according to me. opinion can be changed according to person's way of thinking.

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Nice picture

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@imowaisab yes holding power is tested many a times in the crypto

I think it's beginning of crypto

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@thecryptoplayer Yes, we will earn together

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Thanks Sumit sir for your reply, we need your support for earn

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It is the reason we should never become a panic seller. The truth, it is not the best year in crypto this year!

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@chesatochi who knows may be it will be best year, lets wait and watch

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I hope. ;)

welcome back sir and bitcoin will recover soon bitcoin have great future!

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@fatimaah thanks and wish you good luck

I don't know what will happen with bitcoin and altcoins

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@amitak be optimistic the crypto future is bright in long term

bitcoin price will increase in coming soon. After some fuds
hodl altcoins with smile face

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@pakpunjab absolutely right

@moneyguruu my personal thoughts this market is end for only those who enters towards 2017 end thinking easy money and wants to be millionare very quicky. these people mainly a reason for btc rise from 3000$ to 20000$ and now again these people might be the reason for this fall as they are exiting on every fall....so sir please continue your good work and keep motivating common man else these people will crash down and exit with huge loss.....hats off too ur good work sir....

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@vikasgoel1234 Thanks my friend but we can only motivate people the choice is theirs , i always say no need of panic selling

manipulator are still so strong they.can manipulate price whenever they want ...
we need to invest more to reduce the amount of whales

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@badpoison very much true !

It is the reason we should never become a panic seller. The truth, it is not the best year in crypto this year!

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@chesatochi who knows may be it will be the best year!

So this must be the good time to invest in altcoins?

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@abhay.singh only if you identify good projects, simply view my video above for top altcoins

i have seen that without paid promotion its not very easy to make anything in steemit .

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@moms43 you can view my steemit video series for tips and tricks

Yeah, market manupulators always plays games with every news that comes in the market.
And they takes advantage of it. Every thing happens as fast as they could.

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@devkapoor423 they are big players and we have to follow the trend

I believe that Bitcoin's price will arrive $20,000 in October

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@sidp715 i am very much bullish about btc in long term

Now a days bitcoin will flactuat .

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@susobharaj this is just due to whale manipulation and panic selling

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Yes you are correct @moneyguruu

hi @moneyguruu
we already saw BTC $20000 in the January, there is no doubt the future cryptocurrencies only. Some whales wantedly they are creadting FUD so that small investors always loosing their money. But , be patient everyone we will definatley gain good profit in the crypto filed.

thank you sir, good blog post

@moneyguruu right say sir. I think whales taking advantage of this news but people is not understanding this thing and they are selling their coins at low price so then after whales come back with original money and they become more powerful to buy more coins with that money.

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Help me sir.
Tell me the way I imagine it can be true.

@moneyguruu I agree with you sir.i hope btc grow up soon.
Sir in steemit I am very new in this platform but I followed you and your strategy little and make my reputation 49+ .I am really thankful for your efforts for new people in this platform.sir I want your little support and strategy how I became more successful in this platform

Thank you
Sumit Pandey
@sptalk

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@sptalk keep doing good work, rest you can view our steemit series videos on youtube for easy tips and tricks

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Thank you sir I also follow you on YouTube

Hi @moneyguruu Sumit ji...

yes I'm absolutely agree with you... what we think market does just opposite to with our mind. As market psychology does work..

but those who keep patience and invest in lower level they made profit and for them these is just like a ABCD as simple as possible..!!!!

is not it sumit ji???

The day comes after the night. And BTC will also come

Inderjit Singh

Best knowledge 🤳

i watch your all videos and all the time i learn something new from your videos sir,your videos always help people to get some important information,knowledge and benefits to make some profit so thank you so much @moneyguruu sir for inspiring us all :)

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@sanju007 thanks for your support, we will try our level best

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thank you sir for your kind comment :)

So this is the right time to buy bitcoin?

Crypto market will Never stop.

It's unstoppable technology and upcoming technology it has some error but soon all get resolved and whole world will accept crypto.

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@ra.todkar it is unpredictable too, it will surely boom in the long run

gopaler moto lagche.

got it.. thanks

Hello sir your all post and video very best thank you sir..

Yes I Agree Time is buy altcoins .

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It seems to difficult that Bitcoin will touch a new. It will take more time to get it's high touch. Because a fear has come in crypto market.

No doubt about that negative news about Bitcoin affect the market but keep it in mind that when price of bitcoin was over $8000, at that time RSI was at 77, so obviously price should go down and then again comes to bullish zone, but due to ETF delay suddenly price comes down but RSI did not cross below 30. So now a days price is not in selling trend, actually it is in sidewave trend.

@moneyguruu Is there any platform which commonly deals with all the cryptocoins mentioned in the video?

Agree with you Crypto currency world is yet to explore its long way to go and its just starting, things will take their own courses in a unique unpredictable way , Life will definitely become blockchain oriented in coming future
from : @pksur

I definitely agree that is not end. In my opinion there are sale in crypto market buy with more confidence @moneyguruu what you think is this sale period?
Why you don’t use bitcoin and cryptocurrency tag in this post rather than mgsc

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@sumit1998 firstlu yes it is sale period it occurs usually whenever panic selling happens, buy at low sell at high.And mgsc tag i used so that our community will get it easily

To the question in your title, my Magic 8-Ball says:

My sources say no

Hi! I'm a bot, and this answer was posted automatically. Check this post out for more information.