Hello everyone.
This is Lasix, the drug of choice for hypertension. This is my first post on hive, so please support me to keep making productive posts.
It's the time of year where whole crypto currency market is crashing and everyone is in fear. Bitcoin keep breaking it's support one by one and next support is at $33600 mark. While we are getting new resistances so fast and one can easily say that the current situation is very unstable and no one can predict the next move, the current resistance is at $38300 which is holding it whole day.
Because of this fear, everyone is selling their assets and it further dumps it.
So broadly saying, one can say it's the cause of hypertension for investors. And since it's Lasix, I'm here to reduce the blood pressure by bit. I'm not a financial expertise but still coming up with some thoughts, do trading at your own risk only.
If you are trading in crypto currency, you can get into buying nfts and blockchain games which may seems down a bit but has better chance to recover as the industry is still young and there are many more technologies yet to be introduced.
In my opinion looking at unstability, best option is to do arbitrage trading. Arbitrage trading means buying crypto from one exchange which price is lower and selling in other exchange which has higher price because of slow update of prices in those exchanges. One such exchange could be using binance smart chain in atomic wallet which is also native to hive.
Looking at current trend, I think bitcoin will hit it's next resistance at 41k and will go down again after that.
After observing many cryptos, I found this the top spot of earning even in bearish market.
My suggested crypto is
# ETHDOWN
I have found that whenever there is bearish market, this crypto just moves opposite in inversely proportional direction and shows very good growth.
Using these tips can help you make profits even in fearful market.
I hope you liked my content. I will keep coming up with new opportunities in next posts. Thanks for your understanding, keep yourself and your family safe, trade safe and have fun.
See you in the next post.
Congratulations and welcome, and I appreciate the post about cryptocurrency!Hello my dear @lasix! This is @proteancreator from @ocd (Original Content Decentralized) team 😄. We saw that you already posted your first blog here in Hive!
Anyways, the best way to start your journey here in Hive is do an awesome ✨introduction post✨. You can choose on whatever information you would like to share and be creative as you want to be like:
This will help other Hivers get to know you and be comfortable supporting your works here.
It's also best to subscribe to Communities you like and share your blogs there to have a wider range of audience. Or you can check out the Communities Incubation Program.
Also, letting you know since content on the Hive platform is monetized, using other people’s ideas or images could be considered as an offense and which is also viewed in a serious light on the blockchain. Here is a useful collection of resources about how plagiarism and abuse is viewed and handled on Hive.
If you are looking for tips and information as a Hive newbie, click here: Newbie guide. If you have questions, you can hop into Discord server and we'll gladly answer your questions. Feel free to tag @lovesniper @proteancreator once you have made your awesome ✨introduction post✨! See you around 😉.
hmmm... I would say chill, buy the dips if you can, or just HODL it and wait till the tide turns.
I don't think its good to do arbitrage trading on Bitcoin using exchanges, come on, what about the BTC fees my dear or ETH, you can do that only for cryptos with low fees.
Second that ETHUP or down, looks like betting...that's not cryptos, its derivatives. Anyway.
Welcome BTW... I will upvote this post, co its your first blog that's all and made a good attempt at explaining something.
Discord Server.This post has been manually curated by @bhattg from Indiaunited community. Join us on our
Do you know that you can earn a passive income by delegating to @indiaunited. We share 100 % of the curation rewards with the delegators.
Here are some handy links for delegations: 100HP, 250HP, 500HP, 1000HP.
Read our latest announcement post to get more information.
Please contribute to the community by upvoting this comment and posts made by @indiaunited.
Congratulations @lasix! You have completed the following achievement on the Hive blockchain and have been rewarded with new badge(s):
Your next target is to reach 100 upvotes.
You can view your badges on your board and compare yourself to others in the Ranking
If you no longer want to receive notifications, reply to this comment with the word
STOP
Check out the last post from @hivebuzz:
Support the HiveBuzz project. Vote for our proposal!