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We just experienced a flash sale in the cryptocurrency market What should investors do

The cryptocurrency seems to be showing a steady growth over the last month or so. We have seen a major pullback from the lows of July and currently the market seems to be in a upward trend which is very important for a healthy long term growth.

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We just experienced a flash sale in the cryptocurrency market What should investors do

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  1. We just experienced a flash sale in the cryptocurrency market? What should investors do?

  2. The cryptocurrency seems to be showing a steady growth over the last month or so. We have seen a major pullback from the lows of July and currently the market seems to be in a upward trend which is very important for a healthy long term growth. However, we have experienced a flash crash in the market today where several cryptocurrencies including Bitcoin, Ethereum fell by about 10% in less than an hour. This article will help you understand what is currently going on in the market and what are some tactics one should use for the short term. For anyone getting started we will helping you with a few tips to get started on questions like “how do I buy cryptocurrency in Canada”.

  3. What caused the flash sale and what should investors do?The flash sale is most likely caused by a major selling pressure and investors who bought in at lows booking profits. The cryptocurrency markets have risen more than 50% from their lows and any investor who bought at these lower prices would now be looking to book profits. We have seen that the market has been in a strong uptrend and flash sales like these are indicators to any new investor to not get carried away by these upward movements and book constant profits. We have listed down 3 strategies to implement in flash sales like these given the current market trend.

  4. 1) If you are someone sitting on the sidelines, INVEST NOW: As mentioned, the markets seem to be in a very strong uptrend and if the cryptocurrencies manage to consolidate at their respective support levels then one can surely make an entry and earn a quick buck. Given the volatile nature of the market, in a bull run these currencies tend to bounce back quickly and end up going up in a stronger trend as these flash sales cause a change in hand and once the cryptos are held by long term investors then we get to witness much stronger upmoves.

  5. 2) If you are already invested then DO NOT PANIC SELL: This is something that most new investors end up doing and make losses. As mentioned, we are in a strong upward trend and a minor pullback does not change the long term story of the cryptocurrency market. No investor should sell in losses thinking that we may get to witness lower levels. No one can predict the movement of this market and all we need to do is hold on with patience till we see an upward movement again.

  6. 3) Average out: If you have the capacity then dollar cost average your investments at lower prices.

  7. What now?The cryptocurrency markets are volatile and if you are someone that hates the volatility then you can invest in stable coins like QCAD. If you are wondering how to buy QCAD in Canada then visit the Netcoins website and get started today.SOURCE CREDIT: https://netcoins.tumblr.com/post/661733596495806464/we-just-experienced-a-flash-sale-in-the

  8. THANK YOU FOR WATCHING

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