Hello All Dear Steemit Friends,
So guys from last one week cryptocurrency market started showing some positive moves and steady movements and we all are in hope for a good Bitcoin and Altcoin rally in coming months but as always this market is heavily manipulated by Whale and other big money Holders and these guys just played their move and dumped Bitcoin hard and wiped out $350 in just 2 Hrs.
Right after the big dump in Bitcoin price,the whole Altcoin market followed the same pattern of Bitcoin and the market which was looking so green and fresh just few hrs. Ago is now turned into a blood street with massive amount of blood on the roads,
Let's have a look on some of my favourite Cryptocurrencies.
I just sold some steem yesterday at $1.02 for buying a little bit of Vanchain and today steen dumped again under $1 and now valued around $0.92 , it's really a crazy day for all Cryptocurrencies traders and also a very bad day for daily traders bcz as a long term investor i loss almost nothing bcz i know in long term all coins are going to rise again and this manipulation going to end that time.
But until then just keep yourself calm and wait for the next green day.
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Thanks For Reading My Post
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At the beginning of my crypto investments I told people that they could not manipulate the markets like metsls and stocks.......I was so naive. We just need to expect this and follow the fundamentals investing/trading. Long term steem/steemit is so undervalued! 😀
Resteemed!
As long as the majority of Bitcoin is in the hands of a few criminals, they can manipulate this even more than Wall Street.
Good time to buy some steem.
Hi @thecrytotrader!
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