Did you HODL?? Or SODL?? LOL | E.19 | What was your Week in Crypto like? $112 - #115B Total Market Cap. | Community Engagement Series. | Still Includes Charts/Market Overview & History of Where HODL Comes From for New Crypto Family.

in #cryptocurrency7 years ago (edited)

Well another interesting week in Crypto! LOL

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We are in the midst of THE DUMPENING --- a BIG one.


Full details on that from 9 hrs ago, here and yes, the market dumped even more after that post, and no, it was not my fault!

https://steemit.com/cryptocurrency/@barrydutton/crypto-market-update-market-dumpening-continues-usd19b-market-cap-lost-overnight-or-huge-market-swings-or-9-14-2017-or-brief


We are used to seeing unprecedented growth in the entire Crypto Currency space, not just in Bitcoin.

Are you HODLing everything? SODL some? Moved profits into one place or another?

What's your take on things here? Share your experiences with us and we can all laugh, learn, help one another.



As of just now about 10:05 pm EST 9/14/2017:

--- the CMC.com (CoinMarketCap.com) charts are showing our total market cap for Crypto is still way down- overall compared to the last month of course......but bled out again this week with (mostly) the China FUD driving things down... again.

Basically we have lost ~$60B in 12 days since the Sept. 2nd huge ATH that touched the $180B mark. My links to my other post there above explains it in much more detail.

Markets responded , fell, and have been bleeding red again for a few days.

We have had elevated and sustained for many many days now, since the Bitcoin / Bitcoin Cash Forkening event caused the markets to finally swell back over the $100B mark for the first time in weeks since Aug. 1st -- and has kept climbing to that epic Sept. 2nd mark of $180B total crypto market cap.


Recent History & Resources:


~13 days ago doing this particular series / update late at night - say 11:30 pm EST ( Sept. 1st) - we were RIGHT on the cusp on crossing the $180B mark for the first time......we were at yet more new ATH's and records!

We fell overnight from that point to $162B -- Losing approx. $17B.

It often happens on FUD Fridays as we know.

Right now we are sitting at $115B

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Sept. 2nd 2017 was a HUGE ATH! Touched the $180B Total Crypto Market Cap


Bitcoin (as my regular updates will show) was RIGHT on the very edge of crossing the $5k mark USD for the first time, it was literally around $4980/$4990 USD!!!! (Sept. 1st, 2017 later at night.)

Oh so close!!!

Reminder / Proof / Charts etc are here from ~12 days ago (Sept. 2nd):

https://steemit.com/bitcoin/@barrydutton/bitcoin-about-to-break-usd5k-or-usdbtc-in-canada-smashes-past-usd-6220-mark-or-usd-4980-usd-or-usd179b-crypto-market-cap-usd27b

That is the Sept. 1st /2nd post - Record Breaking (latest) night. I went to bed and we know what happened overnight to markets "correcting".

--

-- I am hopeful it just stays solid with nice slow increases and does not crash again losing fully half the market cap.......again.

Ever.

--

LOL


-- We are down almost ~$65B in ~13 days / since Sept. 2nd ATH night.

-- my last update on the series here, 5 days ago on the 9th, means we are down ~32B since then.

And well, as a result, if you like good news -- balanced perspective like I always try to give.

We recovered a bit... and then late-week FUD as we discussed hit and drained the markets again.


$115B is where the Crypto Market Cap sits right now. 10:05 pm EST - Sept. 14th 2017

I am still optimistic! LOL


$150B Crypto Market Cap crossed 1st time ever: 8/23/2017!

$179B Crypto Market Cap " " " 9/1/2017

$147B Crypto Market Cap " " " 9/9/2017 - 12:55 pm EST

$112-15 B Crypto Market Cap " " " 9/14/2017 - 10:05 pm EST (It hit $112B today ~5 pm EST)

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https://steemit.com/bitcoin/@barrydutton/bitcoin-in-canada-usd5525-mark-high-or-usd-4248-usd-high-or-recovery-mode-or-usd153b-crypto-market-cap-gains-usd5b-overnite-or


Just perspective / We almost crossed the Crypto Market cap of $180B in the last 20 hours of Sept. 1st 2017:

https://steemit.com/bitcoin/@barrydutton/bitcoin-about-to-break-usd5k-or-usdbtc-in-canada-smashes-past-usd-6220-mark-or-usd-4980-usd-or-usd179b-crypto-market-cap-usd27b


Half the Market Cap DUMPED as I mentioned above has happened to us before.......As we did just around June 21st, when it hit the high of $117B and then tanked into the $65 to $95B range for weeks.

Those were bloodbath times. Shudders -- Even though the dramatic rise, signalled a clear correction would be coming.


Thanks for reading, have a nice day.

HODL Img. sourced from the LEGENDARY thread where the term HODL was first..... coined - LOL. - BitcoinTalk.org
https://bitcointalk.org/index.php?topic=375643.0
If you are new to Crypto or do not know the story -- Please open that link in a new tab, take a couple mins. and read the funny thread/story, you need to know your Crypto history folks!

(:








If you liked this blog post - please Resteem it and share good content with others!

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Some of my recent blogs:

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https://steemit.com/cryptocurrency/@barrydutton/crypto-market-update-market-dumpening-continues-usd19b-market-cap-lost-overnight-or-huge-market-swings-or-9-14-2017-or-brief

https://steemit.com/bitcoin/@barrydutton/chiasso-in-switzerland-will-start-accepting-tax-payments-in-bitcoin-the-city-wants-to-rival-zug-for-crypto-friendly-dominance-in

https://steemit.com/bitcoin/@barrydutton/crypto-101-or-video-andreas-antonopoulous-bitcoin-history-bitcoin-q-and-a-the-switzerland-of-currencies-8-mins-super-practical

https://steemit.com/colorchallenge/@barrydutton/color-challenge-thursday-green-or-ah-how-the-red-compliments-the-holiday-green-here-since-there-is-so-little-green-in-the-crypto


If you feel my posts are undervalued or you want to donate to tip me - I would appreciate it very much.

--

LiteCoin (LTC) - LKdsnvSXk9JW99EiNicFMGKc1FXiBo9tUE

Ethereum (ETH) - 0x3Ad69Ff057C9533ca667B2d7E3E557F5eeFd4477

Ethereum Classic (ETC) - 0x5ab2b08d4ce8d454eb9d1ecc65c6d8b0c5f9784c

EOS (EOS) - 0xD37bEFf5bf07E3aa432de00cE0AaA8df603A4fB0

Bitcoin (BTC) - 18J6RRuzX4V7b2CDbx7tWZYNBLkkGWsvWX

DASH - XgZvsvSZgPkNbmGbRhc3S1Pt2JAc7QHwiS

PIVX - DA3azxQqJiX9t7EviuacpamfNhMi2zGAUh

Expanse (EXP) - 0x819b9cce8630ab638198eabfd7496786c20d629a

Monero (XMR) - d8ecb02c09f70ec10504b59b96bc1f488af28b05933893dfd1f55b113e23fbff

Stratis (STRAT) - SNsJp6v1jXvKWy4XcXSXfNQ9zhSJJppJgv

Synereo (AMP) - 1KnrL6wFHaT4gjJ2YJ5f6WmKTDJNsaBS8s

ZCash (ZEC) - t1aCPEYELkGaf3GtgGTiCEDo7XfPm4QEwmL



Please note -- I will have limited internet access for awhile -- so PLEASE do not be upset that I cannot reply right away, or to everyone. I am dealing with some changes, and will have limited time online and will be happy if I get a few blog posts up a week.
Sort:  

dip is buying not selling

Thanks for the input.

50% investments dissolved and counting...
My investments are in BTC, STEEM, LTC, ETH. Now thinking to sell either one of these and get some Qtum or Bitshares or STEEM.
Any suggestions @barrydutton?

Too many variables with people etc for me to say, too many moving parts, ie long or short term etc.

Buy what you believe in.

situation like now, it is advisable to buy ( if there is no risk). That means the average of your purchase lowers.
This is what we do in investment. To tell you a very important word in the "world of investment" is "SELL".
Sell whenever there is a chance. take your profit out.

Very wise last line there.

Take profit when you can, never a bad time, the truth is.

Thanks!

I think that we could bounce back to 3600. According to my technical analysis we could see a rebound from current levels (3400), may be up to 3600 and then it will go down again due to strong resistance at that price. That is the short term. On the medium term we could be completing Elliot Wave 4 which means that only Wave 5 left before a long term bear market starts which with Fibonacci analysis takes us down to 1800.

Here is my technical analysis
https://steemit.com/bitcoin/@freedomvigilante/is-bitcoin-going-to-recover-from-this-crash-technical-analysis-with-ledger-levels-fibo-and-elliot-wave

Thanks for the comments and input there!

I boughtdl'd all day long :)

LOL..... I love that!

Solid input there!!!

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BarryDutton Barry Dutton tweeted @ 15 Sep 2017 - 02:23 UTC

#CryptoCurrency #Trading Series #19: Did you #HODL or #SODL? #Crypto #Bitcoin #BitShares #LiteCoin #Ethereum $BCH

steemit.com/cryptocurrency… / https://t.co/gUjMxKmAPV

Disclaimer: I am just a bot trying to be helpful.

That 300 meme makes me laugh every time I see it, lol.

Took advantage of a nice SBD to Steem ratio today. Held all my other coins. Make it a great one Barry!

I have watched and used the SBD as a hedge all the way thru this man!

Good for you and thanks again for stopping by brother Lydon.

Smart man!

Good to stop by. :)

Title pic is a perfect match! 😎 HOOODDDLLLLLlllll!

My prediction to reach the $5,000 mark for Bitcoin this year was true a few months ago, like you did. Now we're swimming in the bloodbath. @BlockRush had also very interesting thoughts on that. Myself did two memes because i could not withstand the Dimon statements 😂 and i saw so many additional information on that topic, if you look deeper in the vita and history of J. P. Morgan and his fellows.. funny people, it's like "Hey let's send Jamie to the meetup, that gives us at least 20 percentage points for Bitcoin, yeaahh!"

Thank you!

Hey buddy!

Let's get a fund going to send him to #Anarchapulco

LOL

Haha, you made my day!

Thank you for the link, didn't know about that movement. Quite big step they made, but FREEDOM!

Shorting like a MFer

I'm HODL'ing but wincing every time I wake up knowing BTC will be down nearly 300.

Buy and HODL what you believe in and don't watch the charts and news if you have to.

I say that rarely but in some cases, it helps.

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