Crypto Market was Green... Green.... Green.... annnnnddd it's Red again.

barrydutton (74) in cryptocurrency • 7 years ago

You have to admit, Crypto is not for the faint of heart.

We have lost about $10B of the total market cap again in about a day.

-- You kind of have to laugh a little.

https://coinmarketcap.com/

Thanks for reading, have a nice day.

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https://steemit.com/steemit/@barrydutton/some-good-news-steemit-milestones-thanks-i-hit-3000-followers-and-16-000-posts-or-what-a-ride-steemit-family-thank-you-complete

https://steemit.com/steemitcampfire/@barrydutton/steemitcampfire-series-weekend-12-is-tonight-just-a-reminder-and-runs-all-weekend-again-starts-in-a-few-hours-consider

https://steemit.com/cryptocurrency/@barrydutton/crypto-101-or-video-just-released-andreas-antonopoulous-bitcoin-q-and-a-segwit-scaling-and-consensus-8-mins-super-practical

https://steemit.com/life/@barrydutton/daily-digital-detox-a-steemit-community-life-series-and-reminder-or-e-27-intentionally-regularly-unplugging-my-quick-engagement

https://steemit.com/cryptocurrency/@barrydutton/crypto-currency-market-cap-re-gains-usd23b-in-5-days-or-community-based-engagement-resource-for-everyone-july-23rd-2017-basic

https://steemit.com/cryptocurrency/@barrydutton/what-are-you-trading-today-and-why-or-e-40-of-a-community-based-engagement-resource-for-everyone-july-23rd-2017-basic-crypto

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7 years ago by barrydutton (74)

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Trending

[-]

ancap47 (52) · 7 years ago

I was selling, selling, selling, aannndddd now I'm buying.

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3 votes

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cali-girl (59) · 7 years ago

Exactly. ;)

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steamitbeta (46) · 7 years ago

hahahah way to go

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barrydutton (74) · 7 years ago

LOL!!

Well played there my friend hahahaha!

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jonas91 (53) · 7 years ago

Like my friend told me. This is because of the big BTC meeting, that taking place first of August, and it will decide the future of Bitcoin. this is simply the fall, before the rise. I dont know any big detail, but he said not to worry. Everything is speculative ofc, but he told me that the value of BTC s going to go up to 4000 USD in the end of August. Im going to invest in some coin, and now is the right time. Ofc dont bet everything on one coin

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1 vote

[-]

silver-saver (44) · 7 years ago

Gotta hang tough and buy when red! No worries!

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1 vote

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barrydutton (74) · 7 years ago

On sale!

Come and get it !!!

LOL!

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[-]

team101 (61) · 7 years ago

I guess you just have to know when to "hold 'em". LOL

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1 vote

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barrydutton (74) · 7 years ago

Kenny Rogers would be proud LOL

Well played.

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[-]

stan-ivanov (36) · 7 years ago

Scary times! I think the best approach is to keep calm!

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1 vote

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barrydutton (74) · 7 years ago

HODL and keep CLAM

lol

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[-]

thedonfreeman (60) · 7 years ago

I gave you 100% upvote. One love. Followed.

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[-]

dinsha (64) · 7 years ago

yes it is highly volatile at the movement.. i am playing the waiting game..

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[-]

kuching (50) · 7 years ago

It's almost always highly volatile! Not just at the moment

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[-]

bryanlai98 (48) · 7 years ago

red is good for the heart , it means buy

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barrydutton (74) · 7 years ago

Not heard that one yet, I like it hahahaha!

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[-]

coinkingz (56) · 7 years ago

not good news, but Steem goes down as well, time to buy some

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barrydutton (74) · 7 years ago

Buy
The
Dips
...............

$Steem

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[-]

fraterralph (49) · 7 years ago

Seems discouraging at times. I've simplified my strategy so as I am now only trading Steem and BTC with an eye to increase my holdings in both. But, if I do get caught in a trade where I lose BTC, I just use the extra Steem to further Power Up my Steemit account. That way, even when I lose I can work it out into a win. I'm still learning many of the finer points in trading. I love doing it, but until I learn how to do it more professionally, I take the more conservative approach. :-)

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barrydutton (74) · 7 years ago

You are doing great, being smart, and starting modestly and within your limits, that is great.

And you are also diversified.

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[-]

cryptokraze (72) · 7 years ago

I am getting irritated now but still waiting for this BTC drama to be over and we can start trading normally. I think exchanges should enable ETH market for most of the coins to avoid this volatility.

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barrydutton (74) · 7 years ago

Good points for sure.

Followed.

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[-]

nitinaryan (48) · 7 years ago

ya but market is very down....

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barrydutton (74) · 7 years ago

https://twitter.com/BarryDutton/status/889898225947299840

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[-]

twitterbot (56) · 7 years ago

Barry Dutton tweeted @ 25 Jul 2017 - 17:20 UTC

#Steemit #CryptoCurrency funny #Meme on the #Crypto Market. #Bitcoin #LiteCoin $STEEM $BTC $XBT $ETC $ETH $XRP

steemit.com/cryptocurrency… / https://t.co/tvQfCx3slx

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

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[-]

retro-room (63) · 7 years ago

I simply look at it as a way to accumulate coins I have good long-term faith in.

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barrydutton (74) · 7 years ago

Sale time!

LOL, but yes.

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[-]

rizasukma (63) · 7 years ago

Wow fantastic. Remarkable

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barrydutton (74) · 7 years ago

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cali-girl (59) · 7 years ago

Doesn't bother me that it's in the red again. I just make sure to invest money that I don't care if I lose.

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lexikon082 (63) · 7 years ago

And it's red...lol. If you went onto coinmarket cap and changed the setting from USD to Bitcoin the last week or so...many of the coins were still in red territory. Even though the dollar value of coins went up, because of the rise of BTC... there was still negative BTC volume. Still trying to figure out that relationship in my head.

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barrydutton (74) · 7 years ago (edited)

That metric is always interesting. It is the relation of said coin to the BTC price and with the swings in crypto and BTC --- it has been really interesting to watch, it is a fulsome indicator of the market volatility in this sector.

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[-]

lexikon082 (63) · 7 years ago

Very interesting. Learned something new today. Thanks Barry.

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barrydutton (74) · 7 years ago

I corrected my spelling mistake, I am sure you know I meant BTC.

I am not sure there actually IS an MTC

LOL

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[-]

lexikon082 (63) · 7 years ago

I was hoping you meant BTC, otherwise, the whole meaning would have been changed and I would be walking around with a new piece of knowledge that people would look at me like I am a complete idiot.

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barrydutton (74) · 7 years ago

I had another good visit in the nursing home with my friend.

I posted on Mothers Day about my last visit there...... I got her some more cool stuff today I made/put together again and I am wearing my Steemit shirt this time!

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lexikon082 (63) · 7 years ago

Yes, I remember that post! It's great to visit people in the nursing home. Good JUJU will come back on you when you are older. Hopefully, we will have some awesome youngsters visiting us when we are older. I really hope it's not in the nursing home though. I hope she was digging your shirt.

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[-]

steamitbeta (46) · 7 years ago

It is a very stressful summer buddy
:O

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barrydutton (74) · 7 years ago

meh, it depends on your outlook and experience I think.

I'm good

LOL

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[-]

clayboyn (70) · 7 years ago

The crypto pogo-stick.

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barrydutton (74) · 7 years ago

I was at the nursing house visiting a friend again today. She told me some of her Louisiana area roadtrip stories, Oh man. LOL

I mentioned to her about you down that way!

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1 vote

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clayboyn (70) · 7 years ago

:) Bring her on down for a visit! LOL I'll get you some jambalaya and gumbo.

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barrydutton (74) · 7 years ago

LOL, I cannot even get her out of the home to go for a walk or food

I posted on a visit to her, and stuff I made for her -- on Mother's Day.

I got her some cool stuff today too!!

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1 vote

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clayboyn (70) · 7 years ago

Awesome. We gotta help those that need it.

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onetin84 (62) · 7 years ago

i think much volatility ahead, because of uncertainty with Bitcoin and many upcoming ICO's and already establishing assets. There is so much in the pipeline now. Everywhere new concepts and some big contenders for Bitcoin, which is currently the rock in the waves with deep market penetration.

DARIUSzpre, Fels in der Brandung - panoramio, CC BY 3.0

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[-]

stephmckenzie (62) · 7 years ago

I used today as an opportunity to add to my crypto portfolio at bargain prices. :)

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barrydutton (74) · 7 years ago

Sale priiiiiiiiicesssss girls!

LOL!!!!

TY for stopping by again Steph

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1 vote

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onetin84 (62) · 7 years ago

It is not so bad if you think that all exchanges, escrow services and smart contracts would close or stop today and reopen in.. we say just 10 years from now :). Do we see a rising sea level?

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1 vote