Trade News From A Noob - Quick BTC Update

Bitcoin crashes over the weekend, but it's predicted to go back up in the long run. It crashed about 25% last friday, but has already gained 11% since the fall. As you can guess, this fall is due to people selling of bitcoin after the anticipation of segwit2x, and with it's cancellation...we have a sell off. However, just like we've seen before, these sell offs have lead to a rise in the value of bitcoin, more that 10 billion, in fact. Yep, bitcoin is on the rise and it's going to be a dramatic sweep!

I expect Japan to play a big part in the cryptocurrency market this holiday season.

My Top Pics

My top picks for cryptos I'm watching are: THC, POT (hey, it's a big industry), XEM, ETH, and of course BTC. I know bitcoin cash will also do well, as it has just taken over ethereum as the second strangest coin behind bitcoin, but I'm not invested in bitcoin cash xD.

I'm by no means a professional trader, but since I'm here on steemit, I might as well learn the market right? :)


Current, Top 5

CoinMarket CapVolume
Bitcoin$109,896,298,175$6589.07
Ethereum$30,509,581,997$318.76
Bitcoin Cash$21,042,160,010$1252.38
Ripple$8,009,379,129$0.207374
Litecoin$3,279,299,556$60.93

Coin Marketplace

STEEM 0.04
TRX 0.31
JST 0.074
BTC 63095.06
ETH 1654.42
USDT 1.00
SBD 0.42