Cryptocurrency Market Suddenly Dumped By $15 Billion 😐😐
Hello All Dear Steemit Friends,
So guys from last two weeks many people are so much positive and many youtubers are talking about the next Bullrun But today something weird happened in our cryptocurrency market and suddenly Bitcoin Dumped from $6650 to $6250 within 2 Hrs. Or so and because of this all other Cryptocurrencies started dumping badly.
So as you can see that within 2-3 Hours we lost around $15 Billion capitalisation from our total market cap and all the gains that our favourite Cryptocurrencies made in last 10 days are wiped out in these 2-3 hours.
My main problem with this market is that big players and shorters are manipulating this space heavily and we as a investor can't do anything to stop them instead of using Tight stop loss.😐
Be careful if you are a daily trader in cryptocurrency bcz this is not a place to play for amateur investors.
Thanks For Reading My Post
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Not just Crypto, take a look at the Nikkei and all the other overseas markets. They are all in the red (:
Ya stock market also crashed badly this morning.looks like we need to wait for a bit More to see a next bull run.
It sure isn’t for amateur investors... it’s so volatile and unpredictable. Crazy times. I hope this big drop and month or so of ‘stable’ times, it’s looking towards a bull run through nov and dec. unless we drop below the 6000 range... then down we go for some time
Let's hope for good and we'll see how market behaves in these three months.
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Hello @thecrytotrader, thank you for sharing this creative work! We just stopped by to say that you've been upvoted by the @creativecrypto magazine. The Creative Crypto is all about art on the blockchain and learning from creatives like you. Looking forward to crossing paths again soon. Steem on!