If you are a person who has zero or little knowledge about crypto currencies you can easily get panic with small non considerable factors and things. Today i am going to share a real life incident that happened with me today.
So one of my cousin’s is also on blurt and write blogs , he called me up today and told me that blurt price has some how fallen down to $0.007 so should he sell his blurt as it might go even down than this.
I asked him about how did he came to know about the price of blurt , he said that he saw it on coingecko. After listening to this i also checked coingecko to see what really happened.
This is what i saw on coingecko after opening blurt price chart there.
Now , i was also thinking about what happened instantly that the price dropped down so immediately ? Was there someone who sold a huge amount on a particular exchange at once filling up all the orders.
I then checked the Exvhanges section of blurt to know if that really happened and here is what i saw on exchange section.
Now look carefully , there was a order executed on stex exchange and the data was being shown from there. There was only $1.48 of trade done and on probit , pancakeswap , and even ionomy the price was more or less same.
So the price didn’t fallen down , it was just a normal trade done by a person on Stex. Now i can’t say if that was done on purpose but yes it was done.
So never panic like this , just analyse and see what really happened specially in projects those are listed on limited exchanges.
So it was something that i thought i should share with people here so that it can help the people who are new here and don’t have much knowledge about the same.
And yes , before i leave and end this blog i would want to request to the people to learn about what they are doing. Become independent and save yourself from unwanted crypto’s panic.
Thank you
Yes… I will be panic buying like crazy !
I would be doing the same as you. I really wish I could go back to when Blurt was 0.002 so I can fill up my bags better.
I just keep buying Blurt every single day … even today …
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that sounds like a positive panic 😅.
Woo hoo … that is awesome. I just buy all the dips … hope to get 10 Million Blurt this way…
10 million that's huge , i hope you reach your target one day.
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Delegate more BP for better support and daily BLURT reward 😉
@tomoyan
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coingecko can be unreliable at times since it sometimes uses a mean and median system to show prices. its always advisable to check different sources especially with a low liquidity asset. But IF blurt prices plummet, its good for me. I can buy more and power up. I need to build my stake ;)
If the price collapses it would be a good opportunity to advertise it to other Hive users to help boost the price on the DEX's.
Right. There are still many people who see information only at a glance. He did not see the complete and detailed information. So, if he makes a decision, it is almost certain that the decision he makes will also be wrong.
Thank you for making this useful article.
Regards
The best action we should all do is to buy the blurt at low prices.
Then power up for the curation and engagement on the blog website.
Thank you for sharing such a great content!
You can delegate any amount of blurt power to @chibuzorwisdom to support this curation.