WHY CRYPTOS ARE DOWN?

in #cryptocurrency7 years ago (edited)

we saw a huge dip in crypto prices in 2018, it touched $6800 mark but it again crashed to $5800 mark
one of the reasons may be the G7 central banks market manipulation

  • G7 meeting was held in canada in june where discussion regarding cryptocurrency was done
  • They feared that crypto market has boomed since 2017 and also the crpto marketcap has exceded the G7 marketcap(SDR )by a huge margin
  • They obviously is not willing to invest in such a high price and as they have huge fund can manipulate the market
    Now the question arises when it will again rise?
    the answere is anytime, when these big players willing to invest.

g7-summit-italy.jpg

i am not a financial advicer and i may be wrong so trade or invest at your own risk.since crypto markets are very volatile
and i cannot guarantee any profit or loss so again invest at your own risk.

Sort:  

I gave you an upvote on your post! Please give me a follow and I will give you a follow in return and provide your post link on my post

@amiyadey15, I gave you an upvote on your post! Please give me a follow and I will give you a follow in return and possible future votes!

Thank you in advance!

followed you thanks for the upvote sir

Great info. It's just a matter of time, patience is the key in crypto market. Hold and enjoy the profit later 👍

Yes holding is the key

Are you investing on cryptos????

Yes but now i am in loss