WHY THE CRYPTO MARKET IS RED.

WOW! What can I tell you it’s been a HORRIBLE week for Bitcoin and crypto, but please don’t lose hope…

Bitcoin is down by 33% this week and currently trading around $4,380, people are panic selling and the entire crypto market is down 60 Billion the past week where almost all cryptocurrencies register double digit losses.

I believe the manipulators were waiting for the right time to crash the market, and the war of Billionaires with Bitcoin Cash hard Fork on November 15th was perfect opportunity for them.

Bitcoin Cash is biggest loser down -40% in 1 day - in these war there are no winners only losers. When they saw Craig Wright aka ‘fakesatoshi’ threatened to kill BTC and sell his lot of BTC, the drop followed.

Also didn’t help today the entire stock market crashed, Google, Facebook, Amazon, almost everything crashed today.

This is phase 2 of sell off, and we are now either at Capitulation area of desperation zone. I think we will truly hit rock Bottom when everyone will hate Bitcoin maybe at $3,500 or even $2,000 area.

And the bull run will start… And it will be beautiful, and we will see new all time highs for Bitcoin… Not now but in the following months perhaps in 2019.

What should you do NOW? To sell Bitcoin now is like buying Bitcoin last year at $19,000 it’s risky. Yes we can go even lower but it’s not 100% sure we will go lower.

Today 12pm EST we will discuss in our live training how to survive this bear market, what to do to protect your Bitcoin and how to thrive in this winter…

It’s winter now, but winter never lasts…

And I want to remind you that winters are best opportunities for investing…

Click here to register for our live training 12pm EST

Don’t freak out, don’t panic sell, it’s time to not be emotional but to be strategic and let this winter turn into a great spring!

Remember if Bitcoin will truly go to zero, there will be no winners. There is only so much you can short… When Bitcoin is on the rise however the sky is the limit.

So it’s no one intention to kill Bitcoin. Quite the opposite actually there are more hedge funds opening and more innovation coming, more exchanges, more wallets, and more custody solutions.

Baktt is coming December 12th so mark this date we will see something interesting developments in Bitcoin over the next 4 weeks.

I will see you today,

Vitaliy Dubinin

Founder of Bitcoins Wealth Club

Eilat 61
Tel Aviv Center 7010000
ISRAEL

Only retail or unsophisticated traders worry about prices dropping rapidly, because they only know how to profit from rising prices. If you know how to short bitcoin, this should be the least of your worries. In fact, you would be reaping big from this sell off.

So how would you do it?

Do your own research. If you can’t google, then you don’t want to know it badly enough.

You buy and hold then wait for the price to start to rise or do you engage in active trading as usual?

currency trading is dangerous stuff. it’s legit but almost pure gambling considering how wild currencies are. people who made a killing by buying bitcoin at $300 and selling it in $18000 are like to get fingers burnt if they havent already trying to replicate that shit.

digital currency and there being finite bitcoins make it special … me hushuku the red shield is behind this …

Can you imagine the value of an instrument dropping 33% in one week. Spells disaster ahead. I am convinced this will drop sub $1000 and it will be months before confidence is restored.

My two cents: The shedding off in value to the bitcoin is very welcome in some quarters. Remember this is a buy and sell market. You either gain, lose or breakeven. In the last nine days, BTCUSD (Bitcoin vs USD) shed off 217,000 pips (evidence attached). If you look closely, you’ll notice the big red arrow that alerted me of the impending downtrend (this depends on your trading strategy though). I never rode the full wave, but I made some tidy sum and am waiting on some correctional Elliot waves and still garner more pips. The market is a two-edged knife. Always make sure you are on the right side of the trend. Let your trades be informed by factual macroeconomic indicators and have a keen eye for significant sentiments that may stir the market.[ATTACH=full]210051[/ATTACH]

Google is great, but not in the case of contextualization. Some issues do require some significant human input for better understanding.

Waiting for it to dip to at least $2000 before I’ll buy it. The coin will surge back up once the next recession hits and its not that far away…

During the Goldrush the people who made money were those who sold the tools

Which indicator is this and how can anyone prove that those arrows were drawn before and not after the moves had occurred? It is easy to speak in hindsight.

Googled information is basically human input, so what’s your point? I don’t believe in spoonfeeding lazy people. If someone is too lazy to google how to short bitcoin, they are not curious enough. Nobody taught me how to do it, but the curiosity pushed me to research about it online.

This bitchcoin has lost 78% of its value in less than 1 year. I do not believe a commodity with such volatility than third world countries’ currencies can ever be used as an international currency. Nooo waaayyy.

Why not put it in here! Add to the knowledge base and contribute positively to the thread! Hii mambo ya kuambia mtu a google ikome… or you point them in the right direction!

It has not yet been adopted en mass. The same way penny stocks with low market capitalizations have a significantly higher beta than blue chips. If it is adopted widely, the volatility will cease.

Had you bought before ama you are waiting to buy for the first time?

Persons who refuse to share information are the one’s who know the least!

Whats so hard in googling?? Do I have to replicate an entire tutorial that someone is too lazy to retrieve from google?