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[Josemendez]

The price of bitcoin failed down up to $52k today , following rumours that US Treasury will charge some Financial organization for money laundering through cryptocurrency .

However the US Treasury have not made any official statement about this ,but people somehow used this to create FUD which caused fall in price of bitcoin.

 

[Wisdom01]

The fall was too much , this shows how news influences the price of crypto currency ,and i think up till now the prices are still very low i think

 

[Josemendez]

The fall was too much , this shows how news influences the price of crypto currency ,and i think up till now the prices are still very low i think

Yeah , Bitcoin fell from $61,000 to $53,000 but as for now it is rising gradually and currently at $55,000 . We hope to see more in coming days .

 

[Wisdom01]

Yeah , Bitcoin fell from $61,000 to $53,000 but as for now it is rising gradually and currently at $55,000 . We hope to see more in coming days .

Its going to rise and that is why its better to buy early because there is possibly of someone making more profit when you do so ,atleast to recover the loss from the last bearish run

 

[aryan4]

The price of bitcoin failed down up to $52k today , following rumours that US Treasury will charge some Financial organization for money laundering through cryptocurrency .

However the US Treasury have not made any official statement about this ,but people somehow used this to create FUD which caused fall in price of bitcoin.

It seems that this news or rumors shook the markets considerably. Bitcoin fell, but the alt coins that accompanied this fall were almost all of them seriously damaged. Let's see, maybe there will be a balance in 2-3 days.

 

[Josemendez]

Its going to rise and that is why its better to buy early because there is possibly of someone making more profit when you do so ,atleast to recover the loss from the last bearish run

Yeah , if you keep HOLDL you will surely enjoy the fruit of your patience , all you need is to endeavor to not to give in to panic sell

 

[Wisdom01]

Yeah , if you keep HOLDL you will surely enjoy the fruit of your patience , all you need is to endeavor to not to give in to panic sell

The panic sell spirit do come. But when you are a professional trader it would be more easier to overcome the spirit and invest what you want to invest

 

[Josemendez]

The panic sell spirit do come. But when you are a professional trader it would be more easier to overcome the spirit and invest what you want to invest

As for me ,once a project is a strong one , panic selling is not for me because I will always find way to cut the loss if the dip continues further

 

[Wisdom01]

As for me ,once a project is a strong one , panic selling is not for me because I will always find way to cut the loss if the dip continues further

Its the best thing to do, Yeah its should be a strong project ,like for instance what happened to sushi up ,its worth to panic sell in such situations

 

[Josemendez]

Its the best thing to do, Yeah its should be a strong project ,like for instance what happened to sushi up ,its worth to panic sell in such situations

Please what does sushi up mean ? Does it mean that the person earns three times when the price of the coin is high and three times loss when down ?

 

[mildredtabitha]

The price of bitcoin failed down up to $52k today , following rumours that US Treasury will charge some Financial organization for money laundering through cryptocurrency .

However the US Treasury have not made any official statement about this ,but people somehow used this to create FUD which caused fall in price of bitcoin.

This is a red flag to all bitcoin investors. Now is your chance to take all your profits, convert them to cash and invest somewhere else before it is too late.

 

[Niftyicon]

Yeah , Bitcoin fell from $61,000 to $53,000 but as for now it is rising gradually and currently at $55,000 . We hope to see more in coming days .

Yeah, it is rising gradually but the impact of such supposed news was felt not only in the bitcoin community but most altcoins felt it this weekend.

 

[silentwatch]

Any token will get agresively change by news especially by some goverment issue. Most impact is by regulation by the US goverment. This will make great move to BTC and any altcoin like ETH, XRP and DOGE. News really important then analisys of chart

 

[Wisdom01]

Please what does sushi up mean ? Does it mean that the person earns three times when the price of the coin is high and three times loss when down ?

Its just like leverage token on binance, The price of the coin fell from $20 to $1 , and anybody who buy the dip might earn more from the increase

 

[Josemendez]

Its just like leverage token on binance, The price of the coin fell from $20 to $1 , and anybody who buy the dip might earn more from the increase

I don't seem to get it . Checking Binance shows that the price of the 1inch up and 1inch down are higher than the real price of 1inch

 

[Wisdom01]

I don't seem to get it . Checking Binance shows that the price of the 1inch up and 1inch down are higher than the real price of 1inch

That is how it works they are higher than each other and most times they are almost close ,but the problem is That the volatility rate is different

 

[Josemendez]

That is how it works they are higher than each other and most times they are almost close ,but the problem is That the volatility rate is different

How does one benefit from the 1inch up and 1inch down . What will happen before one makes profit there or lose money . This is what I want to understand

 

[Wisdom01]

How does one benefit from the 1inch up and 1inch down . What will happen before one makes profit there or lose money . This is what I want to understand

Its the normal trading just like you trade bitcoin and others ,there are no additional benefits attached to trading those token to earn some cash

 

[highspeed]

Well, I too have heard of this inexplicable drop in the bitcoin price of around $ 10,000!
But the explanation in the news was not entirely clear to me.
But now probably, I understand the reason.
Thank you for the informations.

 

[aryan4]

The markets are still very active but definitely not fun. Investors seem to be quite anxious about what happened and the rumors.