Crypto Dip Continues - Can Bitcoin hold $10,000?
The cryptocurrency market correction has continued along, with Bitcoin barely hovering above $10,000 and altcoins falling even harder. Main stream media companies are already pronouncing that the Bitcoin bubble has popped, but hasn't this already happened FIVE TIMES in the past 365 days. Let's talk about what it all means and how you can move forward.
Buy Bitcoin, Ethereum and Litecoin on CoinBase and get $10 worth free:
https://cryptobobby.com/coinbase
Buy and Trade altcoins on Binance - https://cryptobobby.com/binance
Secure your Crypto with a Ledger Nano S:
Amazon (faster shipping):
https://cryptobobby.com/ledger-amazon
Ledger (slower shipping, but cheaper): https://cryptobobby.com/ledger
Get a Free Trial of Coinigy (the trading/charting software I use):
https://cryptobobby.com/coinigy
Follow me on Steemit:
https://steemit.com/@cryptobobby
Follow me on Twitter:
https://twitter.com/crypto_bobby
Join the Facebook Group:
https://www.facebook.com/groups/140921189836895/
Portfolio Tracking:
Blockfolio - https://www.blockfolio.com/
CoinTracking.info - https://cryptobobby.com/cointracking
Bitcoin.tax - https://cryptobobby.com/bitcointax
*Some of these links may be affiliate links, meaning if you click and purchase something, I may receive a small commission at no additional cost to you. I only recommend companies and products I personally use, and any commissions help to pay for content creation. Thanks! *
** This is not financial advice and these are simply my own opinions, as such, this should not be treated as explicit financial, trading or otherwise investment advice. This is not explicit advice to buy these cryptos, do you own research.**
For each piece of fud in the news, you have something really good happening, e.g. https://www.ccn.com/japans-largest-bank-mufg-will-open-cryptocurrency-exchange-local-media-reports/
Profit is for the brave 😀
Japan is positioning itself as a hub and leader in the crypto space. Such a smart move on their part because they are going to have some serious financial challenges due to their aging and decreasing population.
As other countries crack down on crypto money will flow into Japan, to their (and our) benefit.
Thank you, for instilling hope so to speak. It is encouraging. as the article states we have all seen it tank before several times. The Blockchain and cryptos will be the only way of the future for technology. Thank you again for sharing hope and insight
Cnn? Lol cmon cointelegraph!:D
Who said cnn? Click the link 😀
Investing in cryptos certainly is for the brave only, if your not brave don't put a lot of money into it is my advice!
Bitcoin next leg
https://steemit.com/bitcoin/@salahuddin2004/bitcoin-will-retest-20-k-before-30-march-2018
The last thing we need right now is for Tether to implode and Bitfinex to get shut down, or another massive hack of some exchange.
Dear Heavenly Father, please keep Tether and Bitfinex safe until bitcoin makes it's way back to $19k.
Nothing major news came and bitcoin started going down and so the other coins as they are mainly derived by bitcoin.So what I understand by this is that some powers or might be government is trying to manipulate the prices.They are selling it with the name of popped bubble or crash and then they will buy to benefit from it.
1000 people own 40 percent of all the bitcoin...we call em whales..
Looks like we're going lower. Here's some insight for those in need:
IMPORTANT Coin Updates (BTC, ADA, BTS, EMC2, ETC, GNT, SBD, STEEM, XVG)
https://steemit.com/bitcoin/@benkalashnikov/important-coin-updates-btc-ada-bts-emc2-etc-gnt-sbd-steem-xvg
Day trader be like.
A more useful chart is to track bitcoin and crypto against the spoofs and wash trades. USDT isn't USD, people!!!
Holy Shit -- I never thought I would say it, but this time is different
:o
Dont be panic sellers!
Agreed. If you weren't blessed like me to sell the night before the drop as I wrote in The Beginning of the Correction?. But if you have cash laying around, now is the time to buy back in. The very same charts in the first post are now showing that things have settled and as a result, I am fully back in the market. I encourage everyone to BUY BUY BUY because the correction is done
following the correction by https://coinmarketcap.com/charts/ shows we've been just about sideways for the past 24 hrs so I'd have to agree. Barring any new developments, I think this bottom has arrived too. Which ones bounce back and by how much is anyone's guess.
edit: i wasn't looking at 24 hours. it's still bubbling a little
Definatley buying time!!! :D
I wrote a piece last night also on support levels to scale in.
https://steemit.com/cryptocurrency/@rksleung/decision-decision-time
keep hodling
Every investment should be long term right now...these crypto will be worth alot 2-3 years from now
The bitcoin under too many people are very scared by how much it has come down but it is normal demand and supply has declined, but it is normal to balance. The bitcoin bet that in a few days it will normalize and rise again just have to wait and continue investing and working is more. Right now we have to work and buy bitcoin and other altcoin so that when they increase the investment they multiply.
You're so nice for commenting on this post. For that, I gave you a vote!
Listen up, junior and ye financial morons posing as informed libertarians, and let the grownups teach you a lesson in Finance:
'Wins' and 'Losses' are NOT real, until you Monetize them into Street Money.
Everyone has to learn this the hard way at least once. One of the first stocks I decided to buy, I fired 6 times and caught the falling knife all the way down. I amazing called the bottom with my sell order. If I just held and stopped watching, my return would have been a tidy 300% vs the 52% loss.
If it gets really ugly I will use the Crypto Bobby Method of Doge investing. Forget it, toss the Ledger Nano in storage a few years and then check back for the gains.
U never take losses till you sell!
already under 10k on binance and many others... however i don't think this is the end, merely another one of its hundreds of minor and major corrections haha
Did anybody see bitcoin? Do you maybe see any fucking similarities?
There none lol just bitcoin to be compared with itself
It is over! the next stop will be 50k
it's time to buy!!