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 to and refer to the resource.
The markets have been bleeding RED for a lot of the last ~90 days!
MOST of the last 35 days have been great times! -- essentially since the August 1st Bitcoin Hardfork Day, when everything just picked up the afternoon the Bitcoin Fork happened.
We went back over the $100B Crypto market cap just in the last 30 days or so starting August 1st.... stayed there and rose steadily and quickly.
-- buoyed by the Hard Fork / The Forkening of the Bitcoin on Aug. 1st...... into the Bitcoin Cash. Symbol -- $BCH
We hit our market cap low point on July 16th around 8 am EST -- seeing the bottom around the $63B mark.
We basically touched the $180B Market Cap a few nites ago.... and hit the $172B mark 5 days ago.
It is easy to track in my various update series' --- we have gained $30B of market cap in the last 15 days. And lost it.
The history of June/July leading up to where we are now, is in the 2nd half of this post.
Use your charts. They show us today right back to the Aug. 24th range where we were making big market cap gains every day, in the $150B range --- and we are still gaining as I type this!! -- 2:30 pm EST - Sept. 5th 2017
90 Day Market Cap chart for TOTAL Crypto Market/ All Coins (CoinMarketCap.com)
--
--
30 day Chart " " :
--
TODAY: $151B MARKET CAP
That's down $21B in 5 days.
But last nite, we gained about ~$8B after a recent correction losing around $35B due to FUD / news out of Communist China about their stance on ICO's and banning them.
--
China does NOT control the whole crypto space and regulation.
Please share what you are BUYING or SELLING -- and why???
Pls. skip to the end if you want to reply, keep reading for the charts and recent history in this series.
The Recent History Leading to Now:
It's definitely been a rough ride again realistically a lot of the last ~110 days, lately- but recovering well and then some the last 30 days!!! If you omit the last 3-4 days and the China FUD we discuss today, we are good!!
Since the June 20th Market Cap ATH of $117B, it has been down...... then up a bit.... then down again. Then up....wait.....nope - then down again then back up..... LOL!
The last 35 days since the Aug. 1st Bitcoin Forkening has been a rocket straight up for the most part.... though as those charts show.
Recent History Leading Us to Today:
~45 days ago when I did my update here on this we were recovering big time....... still depressed but slow recovery at $74B market cap and as high in recovery as $96B.
~40 days ago on my update here - we were at $89B. But we had not crossed the August 1st Bitcoin forkening date!!! And then...
~33 days ago here on my update we had finally crossed back into the $100B market cap range -- that day sitting at $102B when my update here was posted.
The Bitcoin fork day on August 1st changed everything in a lot of ways in the market -- and that was 30 days ago now and apart from some red / corrections in the market here and there -- we have not looked back and the bull market has been charging ahead ---
--Look at the market cap gains daily since 8/1 -
That's + ~$52B gained since August 1st (35 days ago) (again, we had the recent correction or we would be still over $180B today)
--
My last updates on this in descending order (newest to oldest)
It has been a fight!! But we love our Crypto!!!
--
We have been been hovering around a depressed $90-94B Market Cap MOST of the last 95 days and as stated above, really since the market dumped right after the June 20th $117B ATH market cap.
The lowest points since the first week of June after months of sustained upward growth and news. We have had 3 dumpenings down to this range:
BITCOIN: The Forkening......
--
..... has now come and gone (August 1st 2017 Fork date)
--
That was playing havoc with the markets, we know this.
-- There is a lot of jostling going on still now, 35+ days post Forkening for this one reason alone, adding the extra volatility to the markets.
Like the last few weeks when I updated this series.... or my other series on the markets..... 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 bull uptrend the last week as I mentioned above.
-- Never a dull day in Crypto LOL.
--
Markets Previously Topped out June 20th / 10 pm EST at $116B - had a big correction and then kept rising.
Around Sept. 1st we touched $180B after weeks of huge gains!!!!
-- with that day being the previous ATH ( All Time High )
I refer to history often, and charts - as a reminder of perspective & balanced trading perspective.
--
You can see the weeks 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 have shared this chart a few times now:
-- Btw. August 20th and now here the end of August - it has gained another ~$23B bringing us to the (latest/recent) ATH of $168B as of August 30th.
-- Sept. 1st -- It teetered on and off for several hours at the $179.8B mark, oh so close to $180B! (10:45 pm EST / my last check doing a blog post here)
Here is my post and market overview with charts, the night we touched the $180B Market Cap for the ATH end of Aug. / 1st of Sept. 2017:
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!
--
Some of my recent blogs:
--
Stock 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.
--
LiteCoin (LTC) - LKdsnvSXk9JW99EiNicFMGKc1FXiBo9tUE
Ethereum (ETH) - 0x3Ad69Ff057C9533ca667B2d7E3E557F5eeFd4477
Ethereum Classic (ETC) - 0x5ab2b08d4ce8d454eb9d1ecc65c6d8b0c5f9784c
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.
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 to and refer to the resource.
The markets have been bleeding RED for a lot of the last ~90 days!
MOST of the last 35 days have been great times! -- essentially since the August 1st Bitcoin Hardfork Day, when everything just picked up the afternoon the Bitcoin Fork happened.
We went back over the $100B Crypto market cap just in the last 30 days or so starting August 1st.... stayed there and rose steadily and quickly.
-- buoyed by the Hard Fork / The Forkening of the Bitcoin on Aug. 1st...... into the Bitcoin Cash. Symbol -- $BCH
We hit our market cap low point on July 16th around 8 am EST -- seeing the bottom around the $63B mark.
We basically touched the $180B Market Cap a few nites ago.... and hit the $172B mark 5 days ago.
It is easy to track in my various update series' --- we have gained $30B of market cap in the last 15 days. And lost it.
The history of June/July leading up to where we are now, is in the 2nd half of this post.
Use your charts. They show us today right back to the Aug. 24th range where we were making big market cap gains every day, in the $150B range --- and we are still gaining as I type this!! -- 2:30 pm EST - Sept. 5th 2017
90 Day Market Cap chart for TOTAL Crypto Market/ All Coins (CoinMarketCap.com)
--
--
30 day Chart " " :
--
TODAY: $151B MARKET CAP
That's down $21B in 5 days.
But last nite, we gained about ~$8B after a recent correction losing around $35B due to FUD / news out of Communist China about their stance on ICO's and banning them.
--
China does NOT control the whole crypto space and regulation.
Please share what you are BUYING or SELLING -- and why???
Pls. skip to the end if you want to reply, keep reading for the charts and recent history in this series.
The Recent History Leading to Now:
It's definitely been a rough ride again realistically a lot of the last ~110 days, lately- but recovering well and then some the last 30 days!!! If you omit the last 3-4 days and the China FUD we discuss today, we are good!!
Since the June 20th Market Cap ATH of $117B, it has been down...... then up a bit.... then down again. Then up....wait.....nope - then down again then back up..... LOL!
The last 35 days since the Aug. 1st Bitcoin Forkening has been a rocket straight up for the most part.... though as those charts show.
Recent History Leading Us to Today:
~45 days ago when I did my update here on this we were recovering big time....... still depressed but slow recovery at $74B market cap and as high in recovery as $96B.
~40 days ago on my update here - we were at $89B. But we had not crossed the August 1st Bitcoin forkening date!!! And then...
~33 days ago here on my update we had finally crossed back into the $100B market cap range -- that day sitting at $102B when my update here was posted.
The Bitcoin fork day on August 1st changed everything in a lot of ways in the market -- and that was 30 days ago now and apart from some red / corrections in the market here and there -- we have not looked back and the bull market has been charging ahead ---
--Look at the market cap gains daily since 8/1 -
That's + ~$52B gained since August 1st (35 days ago) (again, we had the recent correction or we would be still over $180B today)
--
My last updates on this in descending order (newest to oldest)
It has been a fight!! But we love our Crypto!!!
--
We have been been hovering around a depressed $90-94B Market Cap MOST of the last 95 days and as stated above, really since the market dumped right after the June 20th $117B ATH market cap.
The lowest points since the first week of June after months of sustained upward growth and news. We have had 3 dumpenings down to this range:
BITCOIN: The Forkening......
--
..... has now come and gone (August 1st 2017 Fork date)
--
That was playing havoc with the markets, we know this.
-- There is a lot of jostling going on still now, 35+ days post Forkening for this one reason alone, adding the extra volatility to the markets.
Like the last few weeks when I updated this series.... or my other series on the markets..... 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 bull uptrend the last week as I mentioned above.
-- Never a dull day in Crypto LOL.
--
Markets Previously Topped out June 20th / 10 pm EST at $116B - had a big correction and then kept rising.
Around Sept. 1st we touched $180B after weeks of huge gains!!!!
-- with that day being the previous ATH ( All Time High )
I refer to history often, and charts - as a reminder of perspective & balanced trading perspective.
--
You can see the weeks 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 have shared this chart a few times now:
-- Btw. August 20th and now here the end of August - it has gained another ~$23B bringing us to the (latest/recent) ATH of $168B as of August 30th.
-- Sept. 1st -- It teetered on and off for several hours at the $179.8B mark, oh so close to $180B! (10:45 pm EST / my last check doing a blog post here)
Here is my post and market overview with charts, the night we touched the $180B Market Cap for the ATH end of Aug. / 1st of Sept. 2017:
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!
--
Some of my recent blogs:
--
Stock 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.
--
LiteCoin (LTC) - LKdsnvSXk9JW99EiNicFMGKc1FXiBo9tUE
Ethereum (ETH) - 0x3Ad69Ff057C9533ca667B2d7E3E557F5eeFd4477
Ethereum Classic (ETC) - 0x5ab2b08d4ce8d454eb9d1ecc65c6d8b0c5f9784c
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.
Awesome post @barrydutton.upvoted and followed you :D make more posts like this;
I'm trading TenX, NEO, IOTA and Stratis BTW
Great reply today!
You get an UV for those comments!!!!
Well when all the market panic i sow a great opportunity to invest and this is what i did today and its good as i did not wait longer as for a while i was almost to wait one more day.
So in the last moment i purchase 1000 BitShares (BTS), 3000 Status (SNT) and 1000 Humaniq (HMQ). Generally a hundred usd and a bit in each altcoin. I wanted to buy as well some SmartCash but they are not yet on Bittrex and i got really disappointed because of that. As well i was thinking to buy some EOS but i will wait for the moment as i am thinking (this is just me) the price will still go down.
So generally (leaving aside the disappointment because of SmartCash) i think today was a great day as i manage to take 3 altcoins with great prices.
Most of the times when the market goes down i don't panic and i buy and today was one of this days!
Keep up the good work guys and always Steem On!
I just UV those great comments today!!!!!!!!!!!
in my pretend portfolio in my head, I bought btc while it was down. Although after a lengthy conversation earlier, my bro has got me wondering if it will drop again yet! We shall see. Anyway, I guess trading in your head is different to real money lol but for now, I continue to watch and learn. My next learning curve is how to draw predictor graphs and understand them lol, so if anyone has any suitable links that they think may help me, I would be most appreciative! Thank you! :D
I do daily price forecasts for Bitcoin and I give trading tips and alerts too :)
I use a combination of tools and trading theories to make my predictions. I always use Bollinger Bands (which shows high and low ranges as well as moving average), Stochastics (indicates market strength as Overbought or Oversold) and then I overlay some Fibonacci Retracement over the latest peak and valley to find possible retracements.
Additionally I will look for wedge patters, cup and handle formations, head and shoulder patterns as well as obvious support and resistance lines.
If you have any questions please feel free to comment on my blogs :)
Greetings! I just followed you. (I know, not so sneaky if I tell ya.)😏
Excited to learn more!
wow! thank you for your reply! I'm also now following you. I'm so excited to learn all this information! I have a million questions lol you will be sick of me soon haha
I need to know what the story is with your user name.
You have to share that!
haha It is quite simple really, I am OBSESSED with bulldogs and strive to breed heathier happy beautiful bulldog puppies ☺ It is my lifelong ambition to get a healthier bulldog genepool as the last 50 years has seen a huge decline in bulldog heath due to bad breeding in my opinion ☺
Holy cow, that is a great reply -- I had no idea about any of this.
Good for you!!!
Maybe I should write a blog about it lol
It would be funny actually.
Tell people a bit about yourself, include a veteran Steemian, and let the laughs begin, I have no doubt on this.
You can name one Barry and another one Crypto
LOL
They are actually awesome names! haha I will be doing that for my next litter now! :D
Thanks for share brother....amazing post...
I muddle along doing my best, thanks
LOL
--
Disclaimer: I am just a bot trying to be helpful.
I bought $100 USD worth of BTC earlier this morning..
Awesome!!!!!!!
--
On National Cheese Pizza day no less lol (check my page for the details)
Good for you!!!
Steemit Bank invested in your post.
Follow Steemit Bank
Support the project by upvoted the this comment.
Investing in ethereum right now seems right.
TY for the comments today!!!!
I couldn't resist buying NEO, EOS, IOTA, SNT and SC yesterday. The prices were just unbelievable and bound to bounce back in a few weeks!
I do not think you and I will disagree ever on much from what we have learned about each other so far LOL
The past few days have been stressful to say the least but Litecoin, Golem and TenX have made me a nice profit during the roller coast.
Thank you China :D
LOL.
Well said there at the end
Hahahahaha!!!
#FUD
this is quite usefull information @barrydutton, thnx, lol sorry though I was in the wrong
Thanks.
I have been wondering how you are making out actually.
The struggle is real here for all of us.
Which is fair wont lie and to be honest I was being disrespectful
I stayed up late last night to wait for the bottom of this bloodbath. Once it showed up, I picked up some altcoins I was waiting to get into for awhile: QTUM, OMG, BAT, BTS and picked up some more STRAT.
It's working out well for me today, especially with all the announcing coming for these coins. I picked up LISK at $4 earlier in the month.
I put all my profit in LTC and ETH for now.
but how do you know when it has hit the bottom?
When I meant bottom, I meant for this last sell off. The market began moving back up around midnight last night. Once I saw that I started buying. I also track the price of whatever coin I'm interested in. Each of the coins I bought were down 30% to 40% of what their highs were.
ah i see thank you 😊
No problem. Happy trading!
That's a great reply.
You could have just set some limit orders and went to bed you know
LOL Great reply today, thanks!!
I dont trust technology :)
LOL
Never a dull day in crypto, that is the TRUTH!
Wow what a crazy world it is....Do you actively trade? I want to but its really quite overwhelming I just buy and hold some stuff and hope it goes up ion the long run but would love to start getting into the trading.
I do both.
Buy and HODL really works great a lot of the time, no stress, just set it and forget it LOL.
I wonder sometimes why people trade with all that is involved.
Like, I have REALLY pondered if it is a personality thing, a greed thing etc --- that kind of angle/thinking.
I have always been a numbers guy so I have that on my side.
Even agents from my area that do not like me due to my activism and politics have admitted that
LOL
hahaha so you HODL aye
Yea tradig can be very profitable if your good at it and you have a decent chunk of change to buy and sell. Though its high risk and high stress.
To each his own, ultimately fulfillment is the key~*~
It's def. not for everyone.
One thing I can quickly advise you on -- is scan what your SBD is worth as the stable " USD peg" - when you go to sell.
Then go to CMC.com or where you choose to trade. (coinmarketcap.com or your exchange)
Find the coins with the biggest dips (losses) for the day.
Buy it.
Not just Bitcoin all the time.
The stable peg in the $1 range combined with this means you will be generally always leveraging your best bang for the buck.
On days where BTC for ex. is UP or maybe in the red 1 or 2% ---- look for coins you value or want down 8 or 9% --- the arbitrage (so to speak) btw the 2 means you are picking up all that equity.
I am sure you know this but if not, this is very easy to spot and do daily my friend.
Then teach others.
Yes this is good advise though you make it sound easier than it is hahahaha
Thats what i love about investing in $teem, you can USE and profit off of it every day! Plus if the value of $teem goes up which it probably will continue to do so u still make those profits too!
We shall see.
We are at 340k accounts now.
At this time last year, we had about 40k accounts.
The math = 300k new accounts in ~365 days and the currency is still struggling and I believe, and I am not alone --- the politics and platform problems, with full time dev's working on it --- are one of - if not the -- key issues to mass adoption.
Word travels fast on some of the issues, the flagging, the centralization of power and problems.
I sold Bitcoin Dark (up 457%) shortly after the massacre on Monday, hoping to pick it back up. But it held pretty good while everything else dropped 20-30%.
'That's the way she goes' -Ricky's Dad
TY for the comments today!!!!
Awesome!!!!
@tippy vote