What Are YOU Trading Today, & Why? | E.39 of a Community Based Engagement Resource for Everyone! July 17th - 2017 Basic Crypto Market Stats/Charts Overview for Newer Crypto Family! | Market Cap limps recovery support back up to $74B.

in #cryptocurrency7 years ago (edited)

Today I'm continuing this series, hoping people will read, engage, respond, help each other etc - I will do this a couple times a week so people see it is a regular series and place they can always come and refer to the resource.


The markets have been bleeding RED for a lot of the last 30 days! Please share what you are BUYING or SELLING -- and why???


It's definitely been a rough ride again lately and we lost ~ $30B of the total market cap --- it was up to ~$117B about 25D ago and it dumped way down below $100B for weeks now around the dumpening of the Ethereum "flash crash" that one day.

It has been a fight!! But we love our Crypto!!!

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We have been been hovering around a depressed $90-94B Market Cap MOST of the last month.....

The last week + huge lows = the lowest since the first week of June - 5 weeks ago after months of sustained upward growth and news. We have had 3 dumpenings down to this range:


Like last week when I updated this series..... the markets gained some similar recovery for a day and then crashed again.... what are we going to see the next 24 hours - 72 hours??????

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You can see the last month of that proof here in this chart where we topped out at $116.5B on June 20th around 10 pm EST / 6 pm EST.


Please share your Trading Notes and Questions here in this post, to teach/engage/chat with others!

Consider Resteeming this post to get others involved.



COMMUNITY ENGAGEMENT!!!



I am really enjoying doing this series long term, seeing the feedback and questions. I love it (:

COMMUNITY ENGAGEMENT!!!


There are a lot of good people on here who know what they are doing and we can build a solid resource here a couple times a week with all the community and you can check in here on my page a couple times a week and see the latest.

People can ask questions, share their wisdom and failures, and my hope is simple really :



Thanks for reading, have a nice day.



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Ethereum Classic (ETC) - 0x5ab2b08d4ce8d454eb9d1ecc65c6d8b0c5f9784c

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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.
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Currently I am trading BTC v USD, Just sold off my ETH, IOTA, EOS and STR that I picked up on the dip. Holding a few Monero and about 11K Siacoin right now but I'm waiting for the next drop to buy back in and ride the next bounce up! I love Bitfinex's charts cuz they have a bunch of tools you can use to analyze. Use their "Fibonacci Retracement" tool (click on the pitchfork and scroll down) and you'll see that we did a perfect Golden Retracement down to ~61.8% from a high of 3000 and a start of 1200

That is some quality input there folks!!!!

I love it.

Thanks for taking some time for us here today my friend!

-- and I love hot sauce a LOT!!!

(:

No worries, I love cryptos and I really want to be a part of the community. Steemit is the perfect social media platform for crypto users to connect and share ideas in real time. I even got my girlfriend and my DAD to sign up for Steemit :-D!!!

Good work man, that is awesome!!

I buy eur/usd, because I'm oldschooled forex trader.
I Think its not the best time to trade cryptos these days, before uncertainness disappear.But it seems to me Iota is the only coin which escaped the sell-off, and even shows attempt for rising.

Making some good points today, thanks for the input!!!

Lot of trader now juste watching, I think they will go back trading in the end of the month, So now the market is not clear @barrydutton

Very interesting @barrydutton
I'm buying antshares/NEO at the moment think it's going to skyrocket in next year or 2, as it's for one china based, it has a great team and idea behind it, and they seem to have a good plan and know how to deal with the chinese market.

, and also some more eth and Litecoin as soon as it eth hits around 100 usd / litecoin at 35 usd.

LTC is a great backup for bitcoin and I see it rising over the next half year
ETH is going to be as big or bigger than bitcoin within a few years.

Everything is red, because of scared investors, and aug 1. everything will boom just after.

That's my opinion and my top 3 suggested currencies for hodling 🙌

btw upvoted and followed you buddy 😎

Solid reply today, many thanks for this!

I am just watching at the moment, but would like some feedback on ripple what do you think the long term possibilities of ripple (XRP) is?

Ripple is kind of centralized if you know some of the backstory to it.

I held out for a long time, wanting nothing to do with "government-coin" // XRP.

Those 2 reasons had me firmly until a few mths ago, and I decided to get in on some --- so I want to see where it will go.

Crypto needs to gain mass adoption for us all to gain in various ways.

This is the critical question for today "what are we going to see the next 24 hours?" . I have made my decision to stop trading for a while, hodl and wait things to clear up. Very good post.

Great reply, I think a lot of people are feeling the same.......

Thanks!!

We had some decent gains today. I'm keeping my holdings where they are for now...no sells yet. There are still lots of bargains though.

You are right.

I had some orders trigger the last few days that I was happy leaving up.

Did you see my Crypto/Star Wars shirt/post up today by chance??? LOL

I was out of the house the last few hours, you were one of the guys I thought would appreciate that post hahahahahaha!!!!

(:

We are little Steemit Crypto Trading buddies, we have our own club and support group, you and I

LOL

I am not trading at the moment. I belive that prices dodn't touch the bottom, but that they will fall even more in next days and weeks. So I wait.

I belive in Lisk and Golem. Also will put some money in ETH and two or three more cryptocurrencies. I have used last days to research many old and new cryptos in order to catch the next train.

What is your investment strategy? Which cryptocurrencies do you belive in @barrydutton?

This is a great reply my friend.

I honestly believe a lot in some of the top 30 coins for various reasons.


I hope this Aug. 1st date clears a lot of this stuff up. It is pretty messy right now.

Good post barrydutton

BarryDutton Barry Dutton tweeted @ 17 Jul 2017 - 18:02 UTC

#CryptoCurrency #Trading Series: What are you Trading/Why? #Bitcoin #Ethereum #LiteCoin #Steemit $BTC $LTC $ETC

steemit.com/cryptocurrency… / https://t.co/2iL35v89JQ

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