Blood in the streets; market still struggling with a current total market cap around $370 billion. We see signs of revearsel, but signs of a downtrend as well. Do not margin trade in this risky zone.
Today gives us another opportunity to fill up on, or buy strong alts of our recommemded list. Strong alts wll spike one after another in the short term and these current dips are excellent entry prices for the mid-long term. Some suggestions: WAN, AION, CND, ARK, LEND, ...
Daytraders are also having a good day; acting fast by buying a strong sudden dip often results in easy 3-6% gains. Be careful however if you are not an active daytrader. Knepala called yesterdays dip of ZEC; The insiders bought 0,03920 and sold already at 0,04223 with an easy 7% profit... Don't always be too greedy at these short trades...
Beware of coins that spiked hard in the last week. Coins that have gone up a lot, will go down much faster. So always take profits at suggested levels. Do not always hope for the next target to take profits, especially in this current market. Traders that have filled their pockets will dump much faster in an uncertain market.
