CRYPTO-MARKETS TAKE BIG DIP AND TOP UNDERVALUED CRYPTOS

in #cryptocurrency6 years ago

The crypto markets took a big dip. Mostly this is due to UpBit, a big crypto exchange in Korea getting raided. This is causing some fear and panic selling...which we have seen many many times. We are expecting a bounce up from $8400's for BTC, which would be positive for alt coins. In case BTC does not bounce from $8400, then, $7800 is the plausible next support.
DQmRBrfWQenh9NkNrRf7fjAAop1oErKznJKrRKLcCnjwpz8.png

So, what does this mean? There is an opportunity to get some good cryptos with this slight dip. There are a few underpriced cryptos that may be prime for getting into. This is based on where they have been in the market previously and how high they may potentially go pricing wise. It also only applies to cryptos that we think are solid fundamentally for the long term. No one wants to get caught in a bad crypto, so even if you had to hold them longer, they are good cryptos. You can click and then click "Markets" to see where you can get them.

Steem (STEEM)23960854_10155192055982615_1398797597_o.png
Cardano (ADA)Cardano-Price-Analysis-ADA-USD-Holds-Support-at-0.3330-678x381.png
Genesis Vision (GVT)social-logo.jpg

Now, keep in mind that we may see some further dips. One way to limit risk is one of two ways:
1.) Sell if the value goes down another 15% and re-buy in
2.) Split your cost into 2. For example, if you were going to use $1k. You could get $500 at market cost now, then if it goes down more, put in the other $500 to average out your pricing.

All in all, we think this dip is related to "bad news" and the market will return again over time.

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yo yo .. gone poloticol

Thanks for the post.
For a long time, I just converted my SBDs to steem as soon as i got them, now though, i watch the ups and downs, to see when to do it.
Peace.

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