📈STEEM Investor Report 18 July 2017 (Market is Up, Traders Confident in SegWit Activation, Recommendation Upgrade)

Trading Recommendation:

Buy, the crypto community appears confident in SegWit activation, I expect STEEM to run to fundamental values

Investment Recommendation:

Buy, expecting to be much higher in 6 months!

Analyst Commentary:

The STEEM price rose 30.87% verse the USD over the past 24 hours on higher but low volume ($1,707,940) as the entire crypto market rallied on new SegWit confidence. Check out the SegWit activation progress bar. There is still lingering uncertainty in the market and the market is very SegWit news sensitive. If you want to invest at these levels, make sure you have good stop losses. The rewards pool decline appears to be slowly leveling off and is doing so even faster than I predicted (recent_claims is not yet leveling off). New account creation is up to 2,900 accounts created in the last 24 hours. The % vested indicator fell slightly to 71.59% and I currently have no indicator as to why. Daily active accounts is up to 24,310 as the rising price will likely draw authors back to STEEM. The SBD inflation is up with 1 SBD worth about $0.991 which means are back to peg levels. If the crypto market continues to surge we may surpass the peg.

I have changed my recommendations to buy as I encourage traders and investors to take advantage of this rally. For traders, believe STEEM has significant upside potential due to fundamentals. On the investor side, I believe we will be significantly higher at the end of the year after communities are released and the account creation problem is solved. I would power up your rewards and look for opportunities to buy at current price levels.

Payout Recommendation

With the SBD back to $1, I'm changing my payout recommendation back to 50/50% because there is a high risk of the SBD price going significantly over the $1 peg like it was a couple weeks ago.

Marketing Trust

Please support the @marketing-trust by following and upvoting the daily posts. The project was created to generate capital for a paid advertising campaign to promote Steem.

Data Credit:

Steemchart.com
Coinmarketcap.com
Steemdb.com

Disclosure:

The report published above is based on my assessment of the cryptocurrency market. Investors should consider this report as only a single factor in making their investment decision. All investments involve market risk, including possible loss of principal invested. The author is a cryptocurrency investor and while he seeks to provide honest assessments to the best of his ability may have a conflict of interest that could affect the objectivity of this report.

Discord Chat:

You can reach me on Discord on my private server or through private message to LeongKhan