Bitcoin Cryptocurrency SLASHED BY 50%

-

The Cryptocurrency digital trading world was totally gutted by 50%
Total current value of the traded cryptocurrencies hit a combined 366 billion today, this is the lowest figure anyone has seen since December 4th.
the over 60 day low can be considered bearish of Couse as it represents a more than half or 50%  from the markets all time high which was about a crazy 830 billion which was reached early January. part of the culprit this time would have to be the U.S And China totally hammering and shaking up the digital trading world with intentions of banning it to the point of exile! us and china share the same thoughts

a lot of trader's right now might be trading on the descend but how long will this go on for and when will we pick up the pace. with  Canada's position on block chain being different would you not think things would be a little brighter in the digital trading sector?

Comments

Post a Comment

Popular posts from this blog

Time to quit Bitcoin and work at macdonalds

-
Time to quit Bitcoin and work at MacDonald's Well with all of the bad news I cant seem to get away from when it comes to bitcoin I'm almost thinking we should let it all fall apart pull our money out and take over MacDonald's together and eat those salty crunchy fries. I keep trying to find some good news for you guys but no kidding its only negative stuff. I wouldn't plan on making too many outrageous moves until things start to level out, unless you sell and buy the macdonalds, If your looking for a sales person when you do buy it feel free to give me a call and I can cultivate new business for you lol! So how has everyones day been trading so far? how many successes have there been today and what did you do? Id love to know what your story is and how you did it so we can all have some positive moitivating content to look at and get us obsessed again. Ill tell you all that I made enough money to quit my job and get myself a nice F.350 and grab a house an
Read more

Cryptocurrency breakouts and breakdowns-general knoweledge

-
cryptocurrency investment terms we should know A re you new to the investor world and wonder what some of these crazy terms mean or think you know but just want to brush up on some general knowledge well here we go. Breakouts and breakdowns These terms refer to a stock or crypto that breaks through previous resistance to the upside or support on the downside. If a stock or crypto's 200 day moving average was 3.00 a share or the 1 year high was 3.00 a share and it just hit 3.25 a share it is experiencing a breakout! Resistance Occurs when a stocks or cryptos price  settles in an area where sellers usually emerge, preventing any further price increase. If a stock or crypto is trading at lets say 10.00 per share, resistance at the 12.00 a share price point occur by a lot of sellers wanting to sell their shares around 12.00 in a short period of time, its considered a breakout as it broke through the resistance! Support is the same kind of thing except its
Read more

Bitcoin pump and dump

-
Image
Bitcoin pump and dump A pump and dump in cryptocurrency and standard fiat currencies is something to watch for and beware of. How do we spot them and how should we execute a well thought out plan on what to do when we see them. Pump And Dump Definition- Denoting the fraudulent practice of encouraging investors to buy shares in a particular stock or crypto in order to inflate the price artificially, and then selling one's shares while the price is high. typically leaving a beginner wondering what happened and why they lost their funds! 1. Can we make money off of the? the short answer is yes 2. Can we loose money on the? yes. if your not sure what to watch for then yes the chances of loosing money is very high and for a newer inexperienced investor in which ever currency you prefer whether its crypto or not the same things apply! BE AWARE. 3. Is a pump and dump a scheme? yes it is, it can be started in different ways however the most common are a small group of wealthy
Read more