Why is Ethereum (ETH) still struggling ? Synthesis of what happened and will happen in the few days

in #steemit7 years ago

Ethereum really is the main topic to talk about and here is why :

WHY IS ETH STRUGGLING.png

Following my first article : ( https://steemit.com/crypto/@ciro/today-s-currency-changes-and-why-you-need-to-trade-quickly thanks for all the upvotes by the way ! )

I'm still analyzing ETH cryptocurrency and as we could see yesterday ETH went from more than 300$ to ~250$ and it's still decreasing :

-Yesterday's value :
eth 26062017.jpg

-Today's value :
Screenshot_2.png

I researched the reason on mutliple topic on steemit and other sources so here is the synthesis.
We could see the huge crash about ETH, so it should increase because of trading right? Well it's a bit more complicated,
People, instead of buying the money to create a new inflation are just afraid to lose more and prefers waiting or selling everything (that decrease the ethereum value)

However a rumor telling the death of the creator ( Vitalik Buterin ) proliferated (I'll put a link for a video on the bottom of the topic), it really has been fixed quickly with a picture of the block.
It was only a rumor but loads of guys lost confidence into the crytomoney and sold everything.

As a result the money is still struggling thats why there is multiple way to see this crash, there either is a chance of a future inflation and following that a chance to make huge profits or either a chance that ETH just keep crashing and that it will loose way more.

You now know what to do but at your own risks, and remember : "trade only the money that you can loose".

Thanks a lot if you read the article, upvote if you liked or/and follow me for new articles. If you've got any advices or topics to speak about feel free to comment below and I 'll upvote your comment :D

Here's the video about "Vitalik Buterin death" rumor :