My Observations On The Cause Of Price Drop In SBD And STEEM

For Some time now, it has been observed that the cryptocurrency world has been experiencing a constant down fall of prices generally.

I took time out to do some research on its cause and discovered that the price of bitcoin actually plunged due to massive sell off which was caused by mounting fears of a ban on trading by South Korea which led to an uncertainty on the minds of most traders.

This plunging in bitcoin also affected the steem blockchain causing a down fall of SBD and STEEM going as low as 2.4USD.

from my observation so far in cryptocurrencies I can categorically say that the price will rise again and so if you have been thinking of when to invest in the steem blockchain, this is the right time as you can buy steem and resell later when the price rises.

Comments are welcome.

Thank you for reading my blog I am @mrsylvester