What Are YOU Trading Today, & WHY? | E.41 | A Community Based Engagement Resource for Everyone! July 29th - 2017 Basic Crypto Market Stats/Charts Overview for Newer Crypto Family! | Market Cap recovery support dips again - $89B.

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- but recovering well the last few days!!! Then down again. Then u....wait.....nope - then down again LOL!


6 Days ago when I did my last update on this we were recovering big time....... still depressed but slow recovery at $74B market cap and that day -- we were at $96B.

  • meaning we had gained ~$22 / $23B market cap in 6 days. That is very nearly $4B/day gained. The fact is we had gained a lot of that in a couple days alone.

and we lost ~ $55B of the total market cap --- it was up to ~$117B about ~40 D ago and it dumped way down below $70B 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 45 days or so.

The last 3 weeks + huge lows = the lowest since the first week of June - 6 weeks ago after months of sustained upward growth and news. We have had 3 dumpenings down to this range:


BITCOIN: The Forkening......

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..... is almost upon us (August 1st 2017 Fork date)

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That is playing havoc with the markets, we know this. There is a lot of jostling going on for this one reason alone, adding the extra volatility to the markets.


Like the last few weeks 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??????

We have been in steady uptrend the last few days, as I mentioned above. Then another 2-3 days of red and back down.....

-- Never a dull day in Crypto LOL.

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Markets Topped out June 20th / 10 pm EST at $116B:

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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. I shared this chart 6 days ago:


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.



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-101-or-video-just-released-andreas-antonopoulous-bitcoin-where-the-laws-of-mathematics-prevail-24-mins-super-practical

https://steemit.com/steemit/@barrydutton/7cwqqn-if-you-have-sbd-steem-dollars-to-sell-now-is-a-good-time-to-sell-them-on-bittrex

https://steemit.com/steemitcampfire/@barrydutton/steemit-weekend-camp-fire-series-weekend-13-we-are-steemit-family-come-visit-around-the-fire-with-your-family-every-weekend

https://steemit.com/bitcoin/@barrydutton/steemit-family-bitcoin-forking-family-chat-1-how-are-you-preparing-your-coins-holdings-for-the-coming-changes

https://steemit.com/steemit/@barrydutton/facebook-wallet-fridays-show-me-yours-or-e-8-or-that-s-right-think-on-that-a-new-series-for-outreach-and-to-give-fb-the-business

Images in most cases unless noted: via Giphy.com , Funny or Die.com / Pixabay.

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

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Bitcoin (BTC) - 18J6RRuzX4V7b2CDbx7tWZYNBLkkGWsvWX

Ethereum (ETH) - 0x3Ad69Ff057C9533ca667B2d7E3E557F5eeFd4477

Ethereum Classic (ETC) - 0x5ab2b08d4ce8d454eb9d1ecc65c6d8b0c5f9784c

LiteCoin (LTC) - LKdsnvSXk9JW99EiNicFMGKc1FXiBo9tUE

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.

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BarryDutton Barry Dutton tweeted @ 29 Jul 2017 - 22:40 UTC

#CryptoCurrency #Market Overview & #Trading Series Continues: What are YOU Trading & Why? #Crypto $BTC $ETC $LTC

steemit.com/cryptocurrency…

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

Barry how are you my friend! Hope you are having a relaxing weeking.... I am buying Ripple, Siacoin, Factom and NEO (previously ANTSHARES).

No joke an hour ago I was like....

Evan has not been by in a million days, I wonder how he is doing?

Now I am in the middle of a #BroHug fest with @clayboyn on the latest #SteemitCampfire


Duuude, have you seen some of the epic dips and buys on stuff like LTC and ETC?????

or as some of the spammy people post...

woooooooowwwwwwwwww nice post


LOL

Nice hearing from you man, honestly.

I picked up some ETC when the it was very low yesterday....To be honest I was looking at the LTC trade down around $37 and I didn't buy. That is an alt I would love to add to to my portfolio.

I'll have to go hang out at the steemit campfire! Keep spreading the word of Steem :)

I forgot to ask do you live by a dominos pizza? I want to send you a gift card for your next pizza my friend for helping out the steemit platform so much:)

I have also been thinking of a ways for myself to grow this platform. I am wanting to get on board with the minnow support projects, plus I have another idea that I believe is great! One of my very close family friends owns a large and replicable pawn and gold shop. He wants to start excepting Alt coins and getting involved. I thought of a way for steemians to trade their SBD rewards for gift cards. It is a great way for Steemians to buy every day stuff with their blogging rewards...I just need Steemit Veterans like yourself @barrydutton to vouch that it is legit.

#steemitcampfire..ill check it out

Hi barry I love the idea behind community engagement. Here on steemit we got some pretty smart people so creating a group where we share our tips and targets is logical.

I would however change the format a bit to keep things fair for everyone and increase engagement.

I put forward that you reward the person who's tip had the greatest percentile increase during each period.

I realize the clear and probable outcome that this would also lead to a significant amount of FUD and shilling in the thread but the consensus of active traders should keep it at bay.

EDIT: I also think it would be nice to have a dedicated post solely for "community engagement tips" . I know your short on internet and time but this is personally something I was considering to do myself so please don't confuse my enthusiasm as trying to take your upvotes ^^

Great write as usual Barry! RESTEEM'd this baby! Have a great weekend!

Im holding the alts I like.. Like steem, bitshares, PPY and etc.. Sold some of my other alts and my Eth for BTC so I can take advantage of the fork. I am guessing thats what everyone is doing. Once the fork happens and I get both my coins. I will trade them back into alts.. I expect a lot of people are going to do this, and it may be another large alt pump for a bit after. Just my guess.
So the price will end high for btc and lower for alts pre-fork, and once it opens, it will go down and all the alts will head upwards..

There is truth there, in likelihood...... we shall see my friend.

Thank you for sharing. Going to bittrex now lol

Excellent post

not trading anything today.. but i should be .. shouldn't i lol

LOL.

Not necessarily.

If you believe in coins/projects -- that is where I am headed with things.

Holding and not trading, is very easy to do, opens up your time to do other things, less stress and worry, you just have to check the markets and see how you are doing from time to time, along with related news which of course, impacts the markets.

TY for stopping by today my man!

I traded steem dollar and earned $50 profit :) that was my first trade :)

I'm buying on the dip right now for Goldpieces (GP) on cryptopia. Also Global Trade Coins GLTC on c-cex.com where they have rumors of merging with a large multi-national consumer platform much like Amazon which will be using their coins exclusively.

Interesting input there tonite!!!

Stay rich, Rich in Tucson!!!!

Im sitting on Tether for the first time in months, too much confusion with this upcoming fork. Better be safe than sorry....on the other hand i may go for bcc and see how this will turn out...any thoughts?

I can see your hedge on that...... but I want nothing to do with fraudulent fiat anymore and that is what Tether is tethered to LOL.

Are there are any projects or coins you really really believe in long term???

If so why?

This could prove to be some interesting banter here.

I agree with you on tether lol... but for now id rather sleep in peace instead of getting up every 2 hours just to check on whats going on(crazy marker)

I really like this new project called @visio. Very interesting concept (potential competition to YouTube) . Also Tenx looks cool. Im actually in the process of getting TenX card.
As far as coins... im in Bitcoin heavy of course as well as eth and EOS. EOS can really cause some trouble to Ethereum network in few months. Im more of a safe player but i do like to trade/play with shitcoins from time to time.