Crypt0's VLOG: Steem Dollar = Best Hedge Option During Crypto Market Panic?

in #steemit4 years ago

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Woot, full-length Steem plug!

Why would you expect a pump right before a very risky event in Btc, exactly?

Steem Dollar seems like a legit bet...

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@crypt0 is there a ways to Auto upvote your posts... I sometimes upvote you on youtube when I am not on Steem and you get nothing for that upvote. I want to make sure you get upvoted consistently on steem.

Some people may object to this but I believe that every video you publish is important to get rewarded that way you can only make progressively better content while adding transparency to the community helping us stay in the know.

Well done post You deserve for getting Upvote from me. I appreciate on it and like it so much . Waiting for your latest post. Keep your good work and steeming on. Let's walk to my blog. I have a latest post. Your upvote is high motivation for me. Almost all Steemians do their best on this site. Keep steeming and earning.

This comment has received a 0.07 % upvote from @booster thanks to: @hamzaoui.

I'm pretty skeptical of the hero. There are some shady people involved.

Note: this thread may make you facepalm:

https://bitsharestalk.org/index.php/topic,22957.0.html

TLDR: Organizer of Heronomex conference revealed as Banx Scammer, stage partner of Heronomex conference revealed as mentally unstable and affiliated with Banx, Stan revealed as guy who ignores these things and instead posts Emojis.

This is a perfectly normal correction. The market will recover for those coins that have valid use cases and hopefully it will shake off some of those coins without a use case.

@grizgal hope you find my excel research helpful

Average BTC correction: 66%
Min BTC correction: 38%
Max BTC correction: 91%

This really puts thing in perspective for BTC from 2009-2017
Best,
Isaac

This is great. I would like to see which drop each set of data refers to and compare this to the current drop. But good work. Thanks

excellent! thanks!

I agree with you that coins with a valid use would survive and recover after the drag down but for most of the coins (there are at least 952 of them) would go permanently down with the bubble brewing.
the opportunities are real as with the risks. We must tread and choose wisely.

Indeed. Picking the right ones set us up for success. Then Hold onto them.

Yep. That's the idea.

The cream will rise to the top.

I agree the correction is really one of shakinging off or shaking up those shit coins to get their acts together. IMHO one would be better off rolling up their value into what I call master coins. ETH ETC BTC DASH BTS XMR ,etc.

I think it's just a standard correction. However, I believe that the market will go sideways for a bit longer but with trend going more towards the lower side. It's a good time to acquire coins that you want to hold for a long time.

Litecoin has proven to be a pretty solid hedge as well during this correction (assuming you don't want to go to Fiat)

Litecoin has been remarkably resilient. It went from $28 to $50+ and now hovers around $40 and change.

I know - it's great! I think a lot of BTC folks decided to hedge in LTC while the community sorts out the segwit debate.

I sank a lot of my portfolio into Litecoin too. I have a feeling that it's gonna pump well over $100 in the next 3 - 4 months.

Litecoin for life! Once Litecoin adds smart contracts (likely later this month) and once it implements the lightning network (likely between Sept-Nov of this year) it will starting getting a lot more attention, attention it rightfully deserves.

Prediction: With this Bitcoin will NOT hardfork and instead Bitcoin and Litecoin will work basically in tandem to become an almost unstoppable team (each with their own unique use cases).

Very good)

I like using Vualtoro.com
It's a site that let's you trade between gold and bitcoin, And you can also have the gold sent to your house if you wish.

sounds good would look it up. How long have you traded on the platform?

I heard about it about 3 months ago, but I've only been using it this month, due to the downtrend. The fees start of quite high, but they go down the more you trade.

a good vlog

I don't know about y'all but I'm making money during this down trend.

The coins with a valid use would survive and recover after the drag down, but for most of the coins (there are at least 952 of them) would go permanently down with the bubble brewing.
the opportunities are real as with the risks. We must tread and choose wisely.

@crypt0, i understand the fear of "August 1st" but is it also the fact that it's summertime and investors want to blow cash?!

If you are a fan of steem @crypto, you should look into the new social platform http://ong.social . they are integrating the Blockchain to create a steem style curation crypto. They have a proprietary algorithm to content curation and management. The best part is they are working with other projects like golem, storj and even STEEM!!!! White papers can be found at https://www.ongcoin.io

I'm on onG.Social. Amazing platform, just needs more people to gain traction...

just follow me on ong my username touristpk i will follow you

steem eth bitcoin all coins are falling like they'll lost their gravitational force.
but I am sure segwit will come and it will give new surprises
Thank you sharing this valuabe video @crypt0

The coins with a valid use would survive and recover after the drag down, but for most of the coins (there are at least 952 of them) would go permanently down with the bubble brewing.
the opportunities are real as with the risks. We must tread and choose wisely.

£ that like button on youtube to counter the people who would want to dislike!

Hey Omar,

Thanks for more great content. Having just watched this, I agree with you that we're in a bear market right now and that Steem dollars might be a safe haven in the short term, perhaps until this Bitcoin uncertainty has blown over.

I also managed to tune into your YouTube live stream the other day. Was great and I'll be sure to do it again the next time you're live!

Keep doing what you're doing!

Peace!

The coins with a valid use would survive and recover after the drag down, but for most of the coins (there are at least 952 of them) would go permanently down with the bubble brewing.
the opportunities are real as with the risks. We must tread and choose wisely.

give me vote...

For me , I'm seeing the floor on this downturn.
BTC is not going down $2300
ETH does not go below $200
LTC never goes below $44
Dash floor is $160

If you can buy , get them cheap
If not, just don't look for a few days, because things will come around

Because is tomorrow is another day

when segwit2x run market upgow start

Yes, so just HODL for now. Because it is still stormy now

Corrections happen in every market, whether its Stocks, Options, Forex etc. The plan is to think of this as a chance at getting bargains, at prices that you wouldn't of had the opportunity to have a few short months ago.

Wow.. very helpful video.. thank you so much for sharing.. keep it up..

From July 10th to now, my portfolio is down by 45%... But from May 17th to now, my portfolio is up by 248%. So what I can say is: Think long term, my friends, hold and you will be happy. :)

I hope this is the bottom for now, great time to buy more! Thanks for sharing!

woody money tears.gif

Thank you Crypto for always being there for us !!!

This is the market correction that I'd say we needed. The market will recover being even stronger than before. I say buy in small amounts at every drop and I see that many are saying the same. Only base on the fact that it is going to go back up.

I've no doubt about this. A market that has a volume of over 80 Billion can't throw in the towel at this point especially when there is such amazing technology backing these coins. It wouldn't make sense otherwise. Especially at the big picture of not having to use mainstream bank transactions anymore. It's all about the people from this point onwards. Cheers!

#follow4follow

Crypto market is low i also confused

Another informative post, thanks. Interesting about SBD as I never thought of that as a 'safe haven' in troubled times, but I'll certainly take a closer look.

There are certainly some good coins out there at the moment, especially if you're looking at the longer-term situation.

XRP went down to 0.15 against the USD over the past 24 hours. If I'd been keeping a closer eye on things I'd have happily picked up some of that. I believe they've just finished a proof of concept with the Bank of England (the UK's central bank) and have major interest from both Japanese and some Spanish banks too. Surely one for the future??

I have lost 50% in this market!

can you tell me how to add populas token on my ether wallet as a cuctom token as they don't show up plz help

Just discovered your profile and hence you're YouTube channel. Upvoted and followed.
I have been thinking much the same thing, Steem/SBD is one of the safest bets there is when I look around consider what is or isn't backing many of the other coins.

Thank you for your Sharing. I need your support. plz follow and vote my account @dpakyaw

I can bet Steem is also a good choice. $ at the end of this year!

This had to happen man, with all the new people throwing cash at their PC's without even knowing about cryptos... This correction will scare them real good!
MUAHAHAH *manic laughter*

Ok..good

This is the usual, we are still waiting for the unusual

I actually moved half of my coins to steem yesterday and powered up. I'll wait for the next buying opportunity. Thanks for your videos crypt0.

Bear market was confirmed a while ago. Bitcoin is gonna bob and weave while the shitcoins eat shit! Ether is done

Nice videos, i just watch in youtube. Amazing

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great post as always dude!

all the world have little awarness of develop crypto, because this affect economy

Hodling and buying undervalued tokens like BAT

I completely agree! I think as far as crypto goes, Steem is a gem!

I prefer Litecoin!

I think it's because of summer time. People withdraw cryptocurrencies to do some stuff in the real world, buy experience or just relax. I think in the end of this summer, prices go up pretty fast. What do you think?

I'd like to start buying more Bitcoin around $2200.

a good vlog

I already follow you please follow me

Why the panic?with the bearish market in play,it gives me more opportunities to buy deep,trading cryptos is very interesting and rewarding if you know your onions.It doesn't matter what doomsayers say..asset bubble,market crash etc,the digital coin has come to stay,its a new dawn,fiat currency lords should know this.

For the most part, I don't like to look like I'm promoting anyone else's blog in your comments, but I have to say that along with yours and a couple of others, @thechartguys and actively working LTC in and out has helped me to hold the line. Yes, his system works heavily in and out of fiat, but I think it's clear that we should all look critically at the buy and hodl mentality. We all have to stay afloat to help our favorite blockchains moving along and I think they have a tractable system (kind of standard day trading stuff), and have helped me protect most of my assets -- even some unexpected profits and increased positions here and there. Unfortunately, it can be a sort of round-the-clock proposition.

Thanks, always great info.

yep , you are right and i think some coins are permanently down ......

I was just watching this video on youtube and just have to come back here to let you know that I always enjoy your insights. No problem that this is an impromptu video, still great and in fact a little more real in my opinion.

Check out my recent post about Litecoin. Its the only Bull left.

I think the crash is a combination of summer cash-outs and the fear of August 1st. But I think that everyone who will hold on strong will be rewarded in the long term.

The coins with a valid use would survive and recover after the drag down, but for most of the coins (there are at least 952 of them) would go permanently down with the bubble brewing.
the opportunities are real as with the risks. We must tread and choose wisely.

Liked and subscribed

Crypto is my hedge 😀. In fact I am doubling down and took some of my bitcoin profits the buy 6 antminer l3+ to mine litecoin. Thanks for the great videos.

Crypto is my hedge :-) - In fact I a doubling down and have taken some of my Bitcoin profits to buy a few Antminer L3+'s to mine Litecoin. Thanks for the great vids.

steeeeeeeeeeem all the way

Personally I think we are heading for a bigger dip, on the +side could be an opportunity to buy some cheap coins.

inlove with cryptocurrency :)

have a read guys livecoin.net is also like poloniex now messing with users

https://steemit.com/livecoin/@shariqriaz/livecoin-net-do-not-deposit-polybius-coin

interesting but in this market on a down day going to BTC or USDT or a shit coin will be the best bet. if your interested in more info follow me on twitter or steemit (https://twitter.com/crypto_trader) (https://t.co/eN0RBYZnH0)

Excellent, resteem.

@crypto thanks for sharing!!

great content you have! It was an absoulutely brilliant idea to follow you! thank you :)

followed, upvoted. If you like my profile, follow and upvote me! :)
fetmom - real estate investor!

great content you have! It was an absoulutely brilliant idea to follow you! thank you :)

followed, upvoted. If you like my profile, follow and upvote me! :)
fetmom - real estate investor!

Not sure panic is what we got here ... I think the ICOs are sucking the value out of the market, certainly bitcoin, and ethereum, which is required to buy into most of the startups. Once we get past the BTC issues later this month, I would think things start moving up again. And even if the worst happens with some kind of hard fork with Bitcoin, and really, regardless it looks like Litecoin could really move, and indeed has been one of the gainers over the last month between the three. It is 4x faster, and already has adopted SegWit. We shall see ... :-)

HODL HODL HODL

Great Vlog! You can sell SBD also immediatly using the internal market on Steemit.com.

i think i fully agreee with this. thanks for sharing @cryt0

The coins with a valid use would survive and recover after the drag down, but for most of the coins (there are at least 952 of them) would go permanently down with the bubble brewing.
the opportunities are real as with the risks. We must tread and choose wisely.

May I get your expert opinion on the bitcoin and steem price that is happening today. For me and my readers. Hope to see you in our conversation.

https://steemit.com/cryptocurrency/@yoda1917/steem-usd-crashes-through-the-ground-to-usd0-96563252-here-is-why-and-here-is-what-to-do

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