Bitcoin, SBD and STEEM Market Snapshot For July 25, 2018

[ugetfunded]

As I mentioned in my previous post, BTC is moving up but rest of the coins are not having the same pattern. People are cashing out their alt coins into BTC. It seems like bulls are back as BTC has crossed two strong resistance points. So, in this war between bear and bulls, bulls are winning everyday and taking the market away from bear. Though at this point, alt coins don't seem to go up but it seems they will soon start going up. Is putting your money in BTC is a good move at this point? My answer is that it depends on how much money do you have. For small amounts, I would recommend not to do so. Soon we when BTC is filled up enough with alt coins money, we will see a correlation between BTC and alt coins movement. So, stay put.

Below are some print screens that I took from blockfolio app for Bittrex exchange.

STEEM

SBD

BTC

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DISCLAIMER: I'm not a crypto financial adviser and just share my analysis and experiences. The best way to do investment in anything is always to invest what you can afford to lose.

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_{I'm Yasir Bokhari. I joined Steemit back in July 2017. My main interest in blogging is Cryptocurrency, Product Marketing, Crowdfunding and How To Make Money. However, I often times, participate in different blogging contests on topics that I find interesting. You can follow my posts at @ugetfunded.}

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