Hello All Dear Hivers,
from last few days the cryptocurrency market was looking really healthy and full of green life but as we all know that this market is really volatile and that's why within a matter of 2-3 hours Bitcoin price fell from $9500 to $8400
And the wall market is looking like a flash crash because all of the coins right now got a big red candle right next to them,
Even Hive got affected by this too.
Because yesterday high price was around 0.37$ and now it's nearly at $0.30.
I think this all happened because of the Bitcoin halving and the rumours in the market as always,
I am in the cryptocurrency market from last 2 years and one thing that I learnt is always use stop loss if you are day trading because right now the market became so much volatile that it can simply go thousands of dollar + within a matter of one or two hour
and also crashed thousands of dollar in 2-3 Hours.
It's really useful to learn stop loss and stop limit if you are trying to make money in this cryptocurrency market.
Let me know in the comments what do you think is the cause of this Big Fall??
Thanks For Reading My Post
A small dump before a big rise.
Yes, i hope this too. It's been 2 years since we are in thi bear market. Let's hope for good.
Yes, let's see what future has for us
Haha yes.
Twitter Shared:-.
Dear @thecryptotrader,
There is often a big drop before some events in Crypto it seems hehe !😂
I would like to share with you a project I launched a few days ago, it is a community and aims to increase interactions and to reward good crypto content creator.
You will find all the information needed in the following link:
https://peakd.com/hive-126009/@hodlcommunity/launch-of-the-hodl-tribe-a-crypto-social-community
We hope to see you soon in our community 😊.
Sincerely,
@vlemon