The market is green again after so many fluctuation. The bitcoin is looking so stable right now.
As discussed previously that currently there is nothing to be panic in the market. We just have to show patience and patience is the key of success. If you are new to crypto and in fear of these temporary falls then fit this line in your mind that nothing goes up straight and we have to bear these dumps many - many times in crypto world so prepared your mind for it.
The market is green as we can see on the coin market cap, The top 15 coins of the market.
All the coins are looking healthy but as i said that we may see a little more correction and can see bitcoin near $7000 again. The bitcoin have strong support at $6800 so not able to see bitcoin below it, most probably. Hopefully we don't see any pump and bitcoin will cross $10000 this time and above too.
Steem was doing great in last time when market was dumping, it was above $3 while market was down but currently it is trading below $3. It is a good buying zone in my opinion. In my case i am holding some of them for long time.
Steem dollar is at very big dip. At current it is trading below $2. We know the highest of the Steem dollar which was above $10 last year end, before the market crash. From last some months Steem dollar didn't show any pace. May be we can see a big pump in Steem dollar on next market pump that's why i am holding some Steem dollar too in my Steemit account.
The market cap is at current $335B which was near $390B just before this temporary crash. The highest market cap that was noticed is $832B as on jan 7 2018. The highest market cap after jan 7 was on may 6 at $470B. In my opinion whenever market will recover again we will be able to see market cap above $500B easily.
I have Re-invested my 70% fund which was on auto sell and waiting for some more good opportunities. Also let me know, what you think about market through comment section below.
Please do not take it as a financial advise. THIS IS NOT A BUY REQUEST. It is just my analysis,opinion and result of readings. So before investing in any Crypto currency, do your own research first. I will not be responsible for any losses.
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