Monero XMR is walking to the moon, it kicks to the other coins and sent them to the bottom, a little while Monero was coming down but after some seconds or minutes it was up again, in this response mostly coins was going in minus, because mostly whales and individual traders want to take profit, each and every one was selling this Bitcoins, Litecoins, Darkcoions, Stellar, Ripple, Dogecoins, Bitshares, Stems and much more... and they want to buy only Monero and after taking some profit they were selling again....
Before the race of Monero Steem was being traded at 0.00250000 to 0.00275000 Stoshi, Unit of Bitcoin and Monero put it down to 0.00182000 stoshi.
Not only Steem but also Ethereum Classic ETC, Ethereum, LSK, Dash, NXT, Dogecoin, Syscoin, DGB and more coins go down, it was only profit taking,
Now if you are day trader of crypto currencies, it's time to wait for Monero train, and look where it will stop and you will be free to trade, now every trade could be risky...
Only Synereo coin is stable, it's not go down, I think one reason for this is because Synereo AMP is launching it's decentralised social network next month.
If you are trader of crypto currenies I suggest you to buy some AMP, because value of AMP Synereo could be go to the moon next month.
Thanks for the round-up. I was wondering if Bitshares had dropped because some punters wanted to chase Monero (which looks toppy to me.)
Good advice on Synereo, but watch for "sell on the news." Yesterday morning, Factom Inc. announced a partnership with Intrinio to put the price data of 3,000 U.S. stocks into the Factom blockchain. It was great news, but the upward jump from it has now turned into a downward slide. After drifting down, FCT was hit by a >260 BTC dump all in five minutes that slammed it down to 0.00481! It's now below 0.005 and drifting downwards.
"Sell on the news" might hit Synereo too once its alpha goes up.
Thank you so much, at the time of writing this post I didn't read news
https://www.factom.com/intrinio-factom-announce-collaboration/
I don't know how I missed it, but thank you so much you brought it up in knowledge...
above mentions states and calculation is my personal opinion, I don't know how much it's true, I predicted at least 20 hours ago that Synereo AMP will up, and good to buy, and now you can see after 20 hours AMP has at least 10000 satoshi up, at the time of writing this post AMP's rate was just 0.00023500 and not it' rate is near 0.00035000
How to Buy Ripples
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Solid blog. I was about to start a similair discussion. Buy and hold for the upcoming 2 to 5 years and the market will find it's way. We really need more insights in the market and previous investment results (even though they don't deliver any guarantee for the future). This is quite an interesting website I found: https://www.coincheckup.com This site gives a complete analysis and investment stats on every single tradable crypto out there.