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It's getting too much and the decrease in all the crypto currency coin has been affecting the major investors , mostly if not all the crypto currency coin has been affected for the past few days now.The last seven (7) days haven't been good around almost all digital coins. They're on the steady fall, notably, BTC, ETH, BNB, DOT, LTC, BCH, LINK, ADA etc. I hardly found green arrows around the prices of the coins in the last 24 hours nor last seven days.
Do you think it is time for bearish run around the coins??
That is the point. The skeptics will get pannic and start running a pannic selling of their assets. I tell you, the cryptocurrencies will beging shooting up in a very few weeks or monthsYeah I currently noticed the huge drop very recently too on all the major cryptocurrencies. This is no news to cause panic. It is normal
The downtrend continues in the coin market. Their is no signs of it slowing down. The coins are losing values, most of them has halved in price tag.It's getting too much and the decrease in all the crypto currency coin has been affecting the major investors , mostly if not all the crypto currency coin has been affected for the past few days now.
Alright, at times storing digital coins in cryptocurrency wallets is another safe way of avoiding the bearish run in the cryptocurrency market.That's the fact of life thats says "everything that goes up must surely comes down", so its normal for all the coin to depreciate for a moment before rising again, I am not investing currently , I just decided to store my coin Inside my wallet.
What do you think is the reason for the decrease in prices of the popular coins, is it the China ban on the crypto? What if another big country would ban the crypto transactions, will the prices go down to rock bottom? This fluctuations in the prices is scary for the traders but I know they have the guts to continue with their business.Yea for the past one week most of the coin have reduce in value and market has been very bad in crypto market. There are always good and bad time in market, but I believe the fall in crypto value is for a short period as market will bounce back.
Being patient is the key when investing in anything , crypto currency is not a stable coin most especially bitcoin always fluctuate and its better not to panic , but I rather keep my coin in my wallet for a long time and it will keep yielding and increasing there rather than loosing it to investment.Yeah sure,that's why it is good to be patient at all times to enable you think,react and act wisely and calmly. I don't see why one cannot store his/her cryptocurrencies in the wallet for a long period of time because nothing will happen to it,though matter how long it takes,is only the values that will change.
It's bills and expenses that make one not to want to invest long term in crypto currency, I know that first hand because I am being faced with same unexpected bills then I have to withdraw.Yeah sure,that's why it is good to be patient at all times to enable you think,react and act wisely and calmly. I don't see why one cannot store his/her cryptocurrencies in the wallet for a long period of time because nothing will happen to it,though matter how long it takes,is only the values that will change.
That's a devastating announcement undertaken by the Chinese government. They went straight banning crypto, without prior notice. I'm happy other countries who cherished crypto have increased their mining power to compensate the loss time.Biggest issue here I see, is the Chinese Ban, as it did take a significant drop, almost immediately after the announcement by the government. The mining transactions will go up, I am guessing, as miners in other countries increase their system use, to compensate for the loss from the miners in China stopping their work.