36% in the GREEN: Crypto 101 - Welcome to FUD Fridays Again! | 7-6-2018 Edition. | New Crypto Fam: Markets Usually Dip on Fridays, Do not Panic Sell. Weekly Reminder / Advice.

in #bitcoin6 years ago


Down about 8-$10B overnight and kind of sideways/flat again for the week.

TLDR:

Perspective:

Many Fridays - Crypto markets often go RED.

The end to this week has been on the fence with a 98% red mix......that is for sure.

Some big losses all week, after holding steady a lot of the last few weeks. A lot of this week was just steady/sideways.

The 95% red in the markets contained a LOT of double digit red/losses til the last day or so.

A bloody week..... with a mixed end to the week. Market has shifted to nearly every coin being down today around 9%, nothing is really hovering around the 0% range at times.

  • There is 1 coin in the green in the Top 10 - that is it.

  • 36% of the top 100 coins are in the green today.

  • Today is a 95% Red Day!

  • As you head into the top 30 and lower, there are more coins in the green than in the red.


Here is the Last 7 Days for the Whole Crypto Market Cap via CMC.com:


We rarely see much if any Green on FUD Fridays in the markets but today there is a great FUD Friday example.

But who can complain after the complete bloodbath we have been seeing for most of the last few months, really???

Markets trading down most of this whole last few weeks again.

... We have been in the Red for a good part of the last several weeks

Were you Buying the Dips??????


Market Overview Today:


Sorted usually by LEAST losses (biggest gains) -- you can see only about a handful of the Top 100 coins paddling above water today.

Today sorted by main screen view / market cap:





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.

I keep stating it to remind people and also ...

So many new people arriving at Steemit/Crypto daily, they are new to all this, like we all were once.

Buy Low. Sell High.

Your Friend in Liberty --- Barry


We are all early adopters here, if you are even close to reading this today.

Be encouraged.

Not Investment Advice / Do Your Own Research Always.

FUD: Fear/Uncertainty/Doubt

FOMO: Fear Of Missing Out


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 and Liberty is with you guys.

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