Stratis $9.01......not good

in #eyeson7 years ago

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On the week chart we can see that tremendous bull leg that started us off....but then what happened?
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The three day chart shows the fall, but how? There still is a good amount of volume... Semms to be that the weight of the giant bitcoin was too much for Stratis to support.

The speed with which the value of bitcoin dropped never gave time for allot of these altcoin markets rates to adjust. So when btc drops many others fall with it unable to save themselves.
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And looking at the hour chart the burning might not be done for Stratis.....
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Thankfully I only put a little in.. oh well, will be a bagholder for a little while... x) Still haven't sold anything in the red yet at least :)

what goes up, must come down... :-)

I got stopped out. Good ride up from about 60 cents though haha.

Yes it has been

Good discussion point. I was about to post a similair post. I strongly advice people to only buy in to cryptos that have a solid background: A solid team, product, advisors, preferably VC investors, etc. Sell all cryptos that don't have this solid background. It's a waiste of money. I really advice people to take a look at: https://www.coincheckup.com The site lets you check all there is to know about the team, product, communication transparency, advisors and investment statistics on every crypto. On: https://www.coincheckup.com/coins/Stratis#analysis To check Stratis Research report.