Crypto Crash May Be The Final Bear Attack

Crypto Crash May Be The Final Bear Attack
фото показано с : cryptobriefing.com

2018-11-15 23:35

The Great Crypto Crash of November 14th, 2018 will be remembered for one reason: and it’s not because it’s the day your iPhone finally self-immolated in a Blockfolio-induced panic.

It will be remembered more for the feast of crypto goodies on display at the Bears’ Picnic.

Cardano. 94% off.

Tron. 92% off.

NEO. 92%

Top projects at discount prices! Black Friday doorbusters for bankers!

Crypto has entered the bleakest point in the trough, where the bulls have long-since given up on their long positions. There is no price support. There is no emotional support. There is simply despair.

If you bought at the top of the market, you can’t possibly sell now – so the liquidity begins to bottom out. As it does so, the sellers who are left become more desperate. They drop their prices further, falling over each other to dump their holdings: and the bears salivate.

A bubble burst, almost a year ago. But a dam broke, today.

Today was the day that the bears have been patiently awaiting. When the pent-up frustration of a year of bad news finally roared over the top in an unstoppable river of panic.

A year in which crypto has lost its value, its reputation, and a good deal of its allure.

We’ve seen lawmakers and enforcement agencies prevaricate, we’ve seen scams and frauds, we’ve seen the blockchain bandwagon suffer the weight of hundreds of projects that had no business pertaining to this technology.

We’ve see Wall Street financiers denounce Bitcoin while acquiring crypto exchanges. We’ve seen the acronym ‘ETF’ become a beacon of light to a raft of investors who don’t know what ETF stands for. We’ve seen narcissistic Twittering fools go supernova, even briefly outshining the assholiness of the Tweeter-in-Chief.

What’s left in the rubble?

The same that was there a year ago… but a year more mature. A year more advanced. A year better-prepared.

Think about that.

Now get in there, before the bears eat the whole thing.

 

The author is invested in digital assets. And intends to stay that way.

 

The post Crypto Crash May Be The Final Bear Attack appeared first on Crypto Briefing.

Similar to Notcoin - Blum - Airdrops In 2024

origin »

Emerald Crypto (EMD) на Currencies.ru

$ 0 (+0.00%)
Объем 24H $0
Изменеия 24h: 0.00 %, 7d: 4.67 %
Cегодня L: $0 - H: $0
Капитализация $0 Rank 99999
Цена в час новости $ 0.0064058 (-100%)

crypto crash remembered off bear final may

crypto crash → Результатов: 78


Bitcoin Cash (BCH) fork, Binance “maintenance” and market dump coincidence?

There were couple of interesting coincidences that were simultaneous with today’s monumental crash of bitcoin and crypto prices. The long raging civil war in the BCH camp that will end in a malignant and bloody split with one of the chains probably dying is certainly one of the plausible explanations for the crash even though […] The post Bitcoin Cash (BCH) fork, Binance “maintenance” and market dump coincidence? appeared first on CaptainAltcoin.

2018-11-15 03:04


XLM Stands Up With Real World Application

Coming in at number 6 as one of the biggest cryptocurrencies in the world is Stellar. Adoption is increasing and the crypto is currently in the green after yesterday’s market crash. A US-based qualified custodian, Prime Trust recently announced that they will support Stellar while it is being actively used as the network of choice to build platforms on due to quick speeds and being trustworthy.

2018-10-12 21:30


Брокер EF Hutton начнет выпускать аналитические отчеты о криптовалютах

Американский брокер EF Hutton объявил о намерении предоставлять своим клиентам аналитическую информацию о криптовалютах. The market moves fast, up 2,000%, then down 80%! The difference between cash or crash could be waiting for you in the EF Hutton Crypto Research Report! Critical, Reliable, Information delivered to your inbox daily. When EF Hutton Talks, People Listen! […]

2018-9-7 13:57


Фото:

Crypto Execs Remains Bullish, Even Amidst Bearish Setbacks

The cryptocurrency market has had its fair share of fluctuation in the past year or two, with the price of crypto assets reaching all-time highs, just to crash by over 70% subsequently. While this near-unpredictable price action has irked some shorter-term investors (speculative traders), two crypto-centric company execs, Hunter Horsley of Bitwise and Spencer Bogart […] The post Crypto Execs Remains Bullish, Even Amidst Bearish Setbacks appeared first on Ethereum World News.

2018-8-21 02:49