Bitcoin price falling putting pressure on Steem and other ALT Coins. Steem is selling for under $1

in #bitcoin7 years ago (edited)

IMG_1397.PNG
This is not the first time we have seen the markets bleed but it is best to have some type of trading strategy or back up plan for days like this.
IMG_1398.PNG
Pie coin has been fighting a little and it might be a good time to get some while masternodes are very cheap
IMG_1399.PNG
EMB Is a coin Yellow Fever and Thomas G have been watching, it might be a good time to grab a few
IMG_1400.PNG

Sort:  

thanks

Steem is falling cause of this, and cause of shitty Poloniex exchange that is still bugged.... thats the first real reason..

And what exactly do you mean by "this"?

Bitcoin Cash on the other hand skyrockets like crazy.

You are not lying there 😂😂

I've been kicking myself for not selling my BCC on the initial spike it had right after the fork...now I'm kind of glad I kept it. May trade some of it in for some STEEM here soon.

Yea that would be real smart since one is up and the other is down

i, nor you, have little to now way of predicting what will happen to these coins but a simplistic reasoning such as one you stated that one is up and one is down...better switch...is nothing but speculation.

only trade with what you can afford, especially on that basis

Nice thanks man

Steem is really doing very poor unlike some months ago where it dominated the second position on coinmarketcap

Yea you are right

Meanwhile bitcoin cash is skyrocketing

Yes

Did Poloniex ever fix their withdrawal issue is steem? If not, I would suspect they are trying to manipulate the market.

Yes it was fixed

The altcoins market is bleeding just before the Segwit activation next week on bitcoin! It is a market manipulation from my point of view.

Good rise of that altcoins, I really like trading

This post received a 5.0% upvote from @randowhale thanks to @lykencrypto! For more information, click here!