DOUBLE DIGIT LOSSES YESTERDAY AND DOUBLE DIGIT RETURNS TODAY
It seems so long ago that we saw a massive bull season we saw Doge coin go all the way up to $0.80 at one stage but things were looking dismal we were seeing huge losses across-the-board with the whole crypto currency market down with about 15% we see bitcoin dropped below $30,000.00 and it looked scary to say the least. These performances are completely opposite as today XRP is above $0.64 after almost three low of $0.53 yesterday. Same can be said for bitcoin back up above $33'980.00 at time of writing .
Today solana is trading 12% for the day other big gainers are Dodge up to $0.21911 that being 12.29% above yesterday . Thorchain is up12.76% for the day with XTZ up 11.18% as well as Enjin coin . XEM, QTM, EGLD and THETA all trading + 9% above yesterday.
Cosmos is trading 8% above yesterday together with IOT, LUNA, XRP and XLM all trading above 8% or close to 8% above yesterday.
With the final gains for the day worth noting being Tron, Algorand, BINANCE coin, Filecoin, pancakeswap and MATIC all trading between 6% and 5% above yesterday's prices.
WHAT CAN WE EXPECT FOR THE FUTURE.
Well with more and more people looking at blockchain technology to improve day to day life. And the more people involved in blockchain bringing mass adoption closer and closer we can only imagine what the future of money is. But that is still a couple of years away until it fully materialises in my opinion. That being said this is once again the proof that the world is actively involved in the Crypto markets and people are acting on changes in price. But the majority of people are short minded resulting in them buying a specific coin when it has already had huge price increases and selling as soon as the price drops resulting in a lot of losses across-the-board. It would be better if one was to use these re-tracing of the markets as buying points. These points become key and they are more secure as the more the price drops the more of a coin you buy. Then selling at historical all time high levels and not buying at those levels then rebuying at the monthly or yearly low levels. This in my opinion would be the best way of investing into Crypto markets but that's just a entertaining opinion and should not be used as financial advice.
Thanks for taking the time to read my article. This is brought to you by Derbycuzxrp till next time.
Tooooooooooo the moooooooonnnnn laaaammmmmbbbbbooooo
Following me on twitter @
https://twitter.com/derbycuz?s=09
Or start trading on the Crypto markets on Stormgain
https://app.stormgain.com/friend/BNS31495073
Or join AAX for a fresher feel
https://www.aax.com/invite/sign-up?inviteCode=jrQ4pSA72wNY
