Will you panic if you see blurt dropping down by 80% approx…?

in blurtpower •  3 years ago 

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.

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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.

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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

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  ·  3 years ago  ·  

Yes… I will be panic buying like crazy !

  ·  3 years ago  ·  

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.

  ·  3 years ago  ·  

I just keep buying Blurt every single day … even today …

  ·  3 years ago  ·  

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@tomoyan
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that sounds like a positive panic 😅.

  ·  3 years ago  ·  

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.

  ·  3 years ago  ·  

Thank you for using my upvote tool 🙂
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Delegate more BP for better support and daily BLURT reward 😉
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  ·  3 years ago  ·  

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 ;)

  ·  3 years ago  ·  

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.

  ·  3 years ago  ·  

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

  ·  3 years ago  ·  

The best action we should all do is to buy the blurt at low prices.
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