Slow Market Today - A Market Analysis
Checking the top 15 chart, measured by their market capitalization, today we do not see huge changes. Decreasing bad press, news and spreaded rumors seems to finally stabilize the market again.
Only Ethereum Classic (ETC), with an increase of more than 15% today, and Stellar (XLM), with a increase of nearly 6%, were able to increase their value in the last 24 hours. (Damn, how I regret selling 60% of my ETC stack last week 🙈):
Top Gainers Today:
Checking the top 5 gainers (out of the top 100 measured by their market capitalization) we can see 3 double digit increases. Our top gainer today is ZClassic (ZCL) with an increase of more than 31% today followed by Revain (R) with barely 18% increase over the last 24 hours.
Top Losers Today:
Checking the top 5 losers chart today we also so 3 double digits. U.CASH (UCASH) showing a decline of nearly 50% (U.CASH launched just days ago and it seems like its spiking hard during the day, so please be careful).
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Disclaimer: I'm in no way a financial advisor. I just state my opinion! Never do investments because someone told you or in the fear of missing out! Take your time to research. Don't be sheep, develop critical thinking on your own!
If you are interested in my opinions and daily cryptocurrency news updates feel free to upvote, resteem and:
I am just joining the crypto world @elleok would love to know more, cant one also buy and sell on binance? As do trade
If you thinking about investing the first thing you have to do is get your homework done. Research the basics. Choose a or more Cryptocurrenies. Read there whitepapers. And get to know there vision. And please keep in mind to only invest the money you are not relying on.
If you done your homework the first thing to do is to sign up on Coinbase and purchase some Crypto (if you use my referral link by clicking on the blue C (Coinbase) logo above you will get get $10 worth in Bitcoin extra for your first purchase ($100 minimum). I highly recommend you to buy Ethereum on Coinbase since it has the cheapest transfer costs.
Next you will have to sign up on Binance (again I would really appreciate you doing it by clicking on my referral link by clicking on the Binance logo above). Then send the Ethereum to Binance and you are ready to trade! I wrote a Step by Step guide on How to sign up and trade on Binance so feel free to check that out as well.
Do not hesitate to ask me for help if you need some I will gladly help you!
Wish you all the best luck!
Thank you for the kind reply. Will keep up with your posts
Long term the whole market will goes up and up again dont need to worry about little regress