Crypto 101: Welcome to FUD Fridays Again! | Updated. | New Crypto Fam: Markets Usually Dip on Fridays, Do not Panic Sell/Buy. Weekly Reminder / Advice.
Perspective:
Newer Steemit/Crypto family:
Many Fridays - Crypto markets often go RED.
Or the gains in the green are small.
It's a trend, just be aware. Remain Calm!
EOS & Bitshares This Week:
-- EOS and BTS (Bitshares) both had a great week!!
-- These are 2 coins/projects/infrastructures/communities that a lot of Steemit users follow, engage with and use.
Definitely things for the new user to look into.
Another crazy week in Crypto!
4 Factors to Consider/Watch:
1/ I believe since the Bitcoin chains (yes, you have to include them) is worth so much, and had another crazy week of mooning and breaking huge new ATH's a few times, any loss in total market cap/share for BTC comes from the (main 2 / BTC/BCH) Bitcoin chains at the top of the charts.
2/ It shows in the Bitcoin Dominance % at the top of the CoinmarketCap.com page. It's down a few % points this week.
3/ If you look at the Top 30 coins in the market, today, a lot of them are in the green, even just a little as some money in the space and recent pullbacks has left BTC and went to the Alt Coins, a trend we see all the time.
4/ But it has changed.
These days now, the money STAYS in the alt coins, look at their collective gains (say, the green numbers everywhere) as well as the:
-- TOTAL CRYPTO MARKET CAP --- Today at $538B -- Over HALF A TRILLION now in the space!
Tips:
-- Do your best to remain calm, look at trends and charts for a week, a month and so on.
-- Remain in the game. Do not panic sell or buy ever.
-- Dips are corrections -- not crashes.
-- Only Invest What You Can Afford to Lose and Invest in Projects/People/Crypto You Believe In.
Not Investment Advice / Do Your Own Research Always.
We had another great week in Crypto but Fridays often mean the market sees red and loses some value. It also means that the market can show small gains (in the green) of 0.2 to 3% -- in the green but small so take note of this also.
Just continue to be aware this is a trend.
-- TOTAL CRYPTO MARKET CAP --- Today at $538B -- Over HALF A TRILLION now in the space!
It climbed this week - the last few days --- making HUGE new gains and ATH's!!! Crossing the $500B mark - up and down a bit but now stabilizing above $500B and finding support and consolidation there.
--
Last Week / 7 Days ago:
It was $430B Market Cap after smashing past 400 and 450B inside of a day.... as we said above in the post from 7D ago.....and Trending Historically is UP!
Perspective, Always I Keep Saying - is Crucial!
When the market dips or gains overall -- always remember BITCOIN (and the related BTC forks) often controls 50% or more of the market -- as the coin with generally the most volume - most worth overall -- and that first mover advantage being first in the space in 2009.
When there is a lot of red in the rest of the market and when a HUGE value coin like BTC is up over 3, 4 or 6% for a day -- it will control a LOT of the market GAINS. And Losses! -- if it is down by larger numbers like that.
Trending UP Long Term! - Perspective = 1-Year Chart:
-- Reminder from CoinMarketCap.com showing the last 1 year of Total Crypto Market Cap:
But it is important to remain consistent and balanced in things, like I always try to do.
--- that is why I will continue to share this message overall -- with all the new people coming to crypto/Steemit daily!
I Repeat the Following Tips!! :
-- General Reminder remains the same, knowing the average trend we often see!!!
-- Do your best to remain calm, look at trends and charts for a week, a month and so on.
-- Remain in the game. Do not panic sell or buy ever.
-- Dips are corrections -- not crashes.
FUD: Fear/Uncertainty/Doubt
FOMO: Fear Of Missing Out
Well, what else can you say really.
It's not for the faint of heart and if you are new, I hope red is your favorite colour........ it happens regularly in the volatile Crypto markets
I wish you the best daily-- and that you have a nice weekend.
Thanks for reading, have a nice day.
My Philosophy In Daily Life & Travels:
I have always tried to be kind to people every day, as part of my life Philosophy, since I have always believed we can achieve more TOGETHER.
My path to Crypto is with you guys and we are on the path to Liberty.
We are all early adopters here, if you are even close to reading this today.
Be encouraged.
If you online search my name + PIZZA -- you will see my deep love of the pie as I seek to eat it, wherever I am, or whatever I am doing.
Life Goals:
-- Get Paid to Travel and Blog about Pizza & Those Travels.
-- Buy a Pizza Store.
-- Become Crypto Currency Independent and Love Liberty and Life!
-- Continue to Hold and Sell Real Estate as I have done for clients since 1991.
Don't let anyone tell you twins are a problem ever!!!!!
FUD or no FUD!!!
If you liked this blog post - please Resteem it and share good content with others!
--
Some of my recent blogs:
--
https://steemit.com/bitshares/@barrydutton/life-in-crypto-is-like-22-or-ico-responsibilities
Most stock Images / Gif's day to day- usually via Giphy.com , Funny or Die.com, Imgur.com, PixaBay unless otherwise noted, with thanks.
Sources usually on image or credited if I cannot find it on an image, but sometimes I forget, sorry if this bothers anyone.
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
EOS (EOS) - 0xD37bEFf5bf07E3aa432de00cE0AaA8df603A4fB0
DASH - XgZvsvSZgPkNbmGbRhc3S1Pt2JAc7QHwiS
PIVX - DA3azxQqJiX9t7EviuacpamfNhMi2zGAUh
Monero (XMR) - d8ecb02c09f70ec10504b59b96bc1f488af28b05933893dfd1f55b113e23fbff
Stratis (STRAT) - SNsJp6v1jXvKWy4XcXSXfNQ9zhSJJppJgv
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.
This has really upset some people but I do not force my opinions on others, or need to communicate every detail of my life or issues, most people do not care anyways. I invested around 10 hours or more a day on Steemit most of my first 13 mths here, I just do not have that time in my life right now, and that includes for replies and voting/curation.
I have done my best, sorry if you do not understand like some are clearly having a problem with. It's a blogging platform, and I will do my best at everything, and to keep blogging.
Carry On.
Perspective:
Newer Steemit/Crypto family:
Many Fridays - Crypto markets often go RED.
Or the gains in the green are small.
It's a trend, just be aware. Remain Calm!
EOS & Bitshares This Week:
-- EOS and BTS (Bitshares) both had a great week!!
-- These are 2 coins/projects/infrastructures/communities that a lot of Steemit users follow, engage with and use.
Definitely things for the new user to look into.
Another crazy week in Crypto!
4 Factors to Consider/Watch:
1/ I believe since the Bitcoin chains (yes, you have to include them) is worth so much, and had another crazy week of mooning and breaking huge new ATH's a few times, any loss in total market cap/share for BTC comes from the (main 2 / BTC/BCH) Bitcoin chains at the top of the charts.
2/ It shows in the Bitcoin Dominance % at the top of the CoinmarketCap.com page. It's down a few % points this week.
3/ If you look at the Top 30 coins in the market, today, a lot of them are in the green, even just a little as some money in the space and recent pullbacks has left BTC and went to the Alt Coins, a trend we see all the time.
4/ But it has changed.
These days now, the money STAYS in the alt coins, look at their collective gains (say, the green numbers everywhere) as well as the:
-- TOTAL CRYPTO MARKET CAP --- Today at $538B -- Over HALF A TRILLION now in the space!
Tips:
-- Do your best to remain calm, look at trends and charts for a week, a month and so on.
-- Remain in the game. Do not panic sell or buy ever.
-- Dips are corrections -- not crashes.
-- Only Invest What You Can Afford to Lose and Invest in Projects/People/Crypto You Believe In.
Not Investment Advice / Do Your Own Research Always.
We had another great week in Crypto but Fridays often mean the market sees red and loses some value. It also means that the market can show small gains (in the green) of 0.2 to 3% -- in the green but small so take note of this also.
Just continue to be aware this is a trend.
-- TOTAL CRYPTO MARKET CAP --- Today at $538B -- Over HALF A TRILLION now in the space!
It climbed this week - the last few days --- making HUGE new gains and ATH's!!! Crossing the $500B mark - up and down a bit but now stabilizing above $500B and finding support and consolidation there.
--
Last Week / 7 Days ago:
It was $430B Market Cap after smashing past 400 and 450B inside of a day.... as we said above in the post from 7D ago.....and Trending Historically is UP!
Perspective, Always I Keep Saying - is Crucial!
When the market dips or gains overall -- always remember BITCOIN (and the related BTC forks) often controls 50% or more of the market -- as the coin with generally the most volume - most worth overall -- and that first mover advantage being first in the space in 2009.
When there is a lot of red in the rest of the market and when a HUGE value coin like BTC is up over 3, 4 or 6% for a day -- it will control a LOT of the market GAINS. And Losses! -- if it is down by larger numbers like that.
Trending UP Long Term! - Perspective = 1-Year Chart:
-- Reminder from CoinMarketCap.com showing the last 1 year of Total Crypto Market Cap:
But it is important to remain consistent and balanced in things, like I always try to do.
--- that is why I will continue to share this message overall -- with all the new people coming to crypto/Steemit daily!
I Repeat the Following Tips!! :
-- General Reminder remains the same, knowing the average trend we often see!!!
-- Do your best to remain calm, look at trends and charts for a week, a month and so on.
-- Remain in the game. Do not panic sell or buy ever.
-- Dips are corrections -- not crashes.
FUD: Fear/Uncertainty/Doubt
FOMO: Fear Of Missing Out
Well, what else can you say really.
It's not for the faint of heart and if you are new, I hope red is your favorite colour........ it happens regularly in the volatile Crypto markets
I wish you the best daily-- and that you have a nice weekend.
Thanks for reading, have a nice day.
My Philosophy In Daily Life & Travels:
I have always tried to be kind to people every day, as part of my life Philosophy, since I have always believed we can achieve more TOGETHER.
My path to Crypto is with you guys and we are on the path to Liberty.
We are all early adopters here, if you are even close to reading this today.
Be encouraged.
If you online search my name + PIZZA -- you will see my deep love of the pie as I seek to eat it, wherever I am, or whatever I am doing.
Life Goals:
-- Get Paid to Travel and Blog about Pizza & Those Travels.
-- Buy a Pizza Store.
-- Become Crypto Currency Independent and Love Liberty and Life!
-- Continue to Hold and Sell Real Estate as I have done for clients since 1991.
Don't let anyone tell you twins are a problem ever!!!!!
FUD or no FUD!!!
If you liked this blog post - please Resteem it and share good content with others!
--
Some of my recent blogs:
--
https://steemit.com/bitshares/@barrydutton/life-in-crypto-is-like-22-or-ico-responsibilities
Most stock Images / Gif's day to day- usually via Giphy.com , Funny or Die.com, Imgur.com, PixaBay unless otherwise noted, with thanks.
Sources usually on image or credited if I cannot find it on an image, but sometimes I forget, sorry if this bothers anyone.
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
EOS (EOS) - 0xD37bEFf5bf07E3aa432de00cE0AaA8df603A4fB0
DASH - XgZvsvSZgPkNbmGbRhc3S1Pt2JAc7QHwiS
PIVX - DA3azxQqJiX9t7EviuacpamfNhMi2zGAUh
Monero (XMR) - d8ecb02c09f70ec10504b59b96bc1f488af28b05933893dfd1f55b113e23fbff
Stratis (STRAT) - SNsJp6v1jXvKWy4XcXSXfNQ9zhSJJppJgv
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.
This has really upset some people but I do not force my opinions on others, or need to communicate every detail of my life or issues, most people do not care anyways. I invested around 10 hours or more a day on Steemit most of my first 13 mths here, I just do not have that time in my life right now, and that includes for replies and voting/curation.
I have done my best, sorry if you do not understand like some are clearly having a problem with. It's a blogging platform, and I will do my best at everything, and to keep blogging.
Carry On.
--
LiteCoin (LTC) - LKdsnvSXk9JW99EiNicFMGKc1FXiBo9tUE
Ethereum (ETH) - 0x3Ad69Ff057C9533ca667B2d7E3E557F5eeFd4477
Ethereum Classic (ETC) - 0x5ab2b08d4ce8d454eb9d1ecc65c6d8b0c5f9784c
EOS (EOS) - 0xD37bEFf5bf07E3aa432de00cE0AaA8df603A4fB0
DASH - XgZvsvSZgPkNbmGbRhc3S1Pt2JAc7QHwiS
PIVX - DA3azxQqJiX9t7EviuacpamfNhMi2zGAUh
Monero (XMR) - d8ecb02c09f70ec10504b59b96bc1f488af28b05933893dfd1f55b113e23fbff
Stratis (STRAT) - SNsJp6v1jXvKWy4XcXSXfNQ9zhSJJppJgv
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.
This has really upset some people but I do not force my opinions on others, or need to communicate every detail of my life or issues, most people do not care anyways. I invested around 10 hours or more a day on Steemit most of my first 13 mths here, I just do not have that time in my life right now, and that includes for replies and voting/curation.
I have done my best, sorry if you do not understand like some are clearly having a problem with. It's a blogging platform, and I will do my best at everything, and to keep blogging.
Carry On.
Nice market update and i like your life philosophy comment! Cheers mate
Thanks for the comments today!!!
Yes, Wake Up World..... that would be excellent for humanity.