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RE: Market Snapshot - March 10th 2018

in #steem6 years ago

Panic over? I understand the Mtgox trustees are selling off bitcoin and that could be depressing the markets. I'm just happy that steem is holding position in the charts. I hope to see it rise in time. I can wait

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I don't think the panic is over, I think it's just an effect of people buying "the dips". We may still see hairy developments until all the MtGoxx remaining stake is absorbed by the markets.

But after that I expect a really high jump.

@dragosroua Thanks for that comment, this was really helpful to me as I read about the drop was because of the rumors about binance being hacked, which made no sense to me because the drop started before the rumors. By this i know it will make sense buying more and more the next times it goes down and hodl long term.