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 --- A GOPHER-LIKE INTERFACE FOR HIVE BLOCKCHAIN ---

🔲 WHY IS BITCOIN CRASHING?

BY: @longfield98 | CREATED: Sept. 10, 2017, 12:42 p.m. | VOTES: 12 | PAYOUT: $1.72 | [ VOTE ]

Yeah well if you have not noticed yet bitcoin has dropped from $4880 all the way down to $4180 that is a $700 decline!

[IMAGE: https://steemitimages.com/DQmc1mcPPpNt4qCpEKkVo3aHwwUYoBfQy6upaVQW4Wctd3Q/IMG_1008.JPG]

So why is this happening? Almost all crypto's are crashing! China has banned ICO's in their county as they view it as an illegitimate way of raising funds... I somehow doubt china's ban will last very long and regardless I expect all cryptos to rise once again over the next few weeks!

Is this a bad thing?

Well weather you have a current investment or not, no it is not. The currencies will recover. If you have no current investment on any crypto's at the moment I would suggest purchasing them now! Its a great chance to make a 10% gain in less than a week!

[IMAGE: https://steemitimages.com/DQmdVDrWdTg5PVrorrsvHWTEjrEnmMVDAxJkaybAc2CZsDq/Screen%20Shot%202017-09-10%20at%202.41.58%20PM.png]

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TAGS: [ #cryptocurrency ] [ #investment ] [ #steemit ] [ #steem ] [ #bitcoin ]

Replies

@offgridlife | Sept. 10, 2017, 12:46 p.m. | Votes: 0 | [ VOTE ]

Yes - I am buying Litecoin on these dips. up-voted and followed.

@longfield98 | Sept. 10, 2017, 2:05 p.m. | Votes: 0 | [ VOTE ]

Definitely a great idea, I have tripled my money trading CFD with this market!

@alamin7 | Sept. 10, 2017, 12:55 p.m. | Votes: 1 | [ VOTE ]

nice photo

@longfield98 | Sept. 10, 2017, 2:05 p.m. | Votes: 0 | [ VOTE ]

Thanks lol

@rentko | Sept. 10, 2017, 1:03 p.m. | Votes: 0 | [ VOTE ]

But see it was 700$ not that long time ago, in the long term it's not a big dump.

@longfield98 | Sept. 10, 2017, 2:04 p.m. | Votes: 0 | [ VOTE ]

Sure in the long term, but imagine trading BTC as a CFD, a 10% fluctuation over 24 hours is massive, you could easily turn $1000 into $100 000 in a day with that sort of fluctuation.

@abbasi077 | Sept. 10, 2017, 2:28 p.m. | Votes: 0 | [ VOTE ]

great

@athenabree08 | Sept. 10, 2017, 2:59 p.m. | Votes: 0 | [ VOTE ]

Thanks for sharing. 😌

Here's my recent post. Comments, suggestions, upvotes & resteem will highly appreciated. Thank you!

https://steemit.com/poetry/@athenabree08/appreciate-life

@photobomb | Sept. 10, 2017, 5:48 p.m. | Votes: 0 | [ VOTE ]

Just blame China.. LOL. But that is quite a drop hey! My crypto went down a lot this last few days.

Upvoted!

@fiftysixnorth | Sept. 10, 2017, 9:29 p.m. | Votes: 0 | [ VOTE ]

Absolutely agree.. this is common in any trading market. Patience is key as it will recover the lost ground and it certainly a good time to buy up some coin.

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