### Trading Recommendation:
BUY, STEEM currently rising, still significant risk of falling if SBD returns to $1

### Investment Recommendation:
HOLD, expecting to be much higher after the release of communities, SMTs, and partner applications

### Analyst Commentary:
The STEEM price is down 12.16% verse the USD over the past 24 hours on a volume spike ($80,307,900) as Bitcoin falls to $11.4k and the broader market is being dragged down. STEEM is holding ground verse Bitcoin over the past 24 hours which shows continued strength (likely due to the inflated SBD price which is increasing). New account creation data is not available today. The % vested indicator is up at 75.22% as the elevated SBD price continues to drive power ups. I've updated the daily power down graph and the two spikes on there are the @steemit power downs blowing out the graphs (I would have to change to a log scale to make them readable). Daily active accounts data is not available today. SBD is at $7.49 on Bittrex which is still very elevated over the peg, receive you rewards in 50% SBD and then use the SBDs to buy STEEM on the exchange. SBD conversions are a waste of money again!

For traders, I believe STEEM is fairly valued around the $3 level, however we are experiencing another pump which you can buy into and ride for decent profits. On the investor side, I believe we will be significantly higher after communities are released and the account creation problem is solved (the timeline for this is currently unknown). I would power up your rewards and buy after STEEM corrects to the $3 level.

### Marketing Trust
Please support the @marketing-trust by following and upvoting the daily posts. The project was created to generate capital for a paid advertising campaign to promote Steem.

![Investment Report 20180121.png](https://steemitimages.com/DQmdWaCv4xGpW8g5X9oquqDn1EXgA61BrvZeKb1Z39x3TPU/Investment%20Report%2020180121.png)

#### Data Credit:
Coinmarketcap.com
@penguinpablo Daily Report
Steemd.com
Steemdb.com
Coindesk.com

##### Disclosure:
The report published above is based on my assessment of the cryptocurrency market. Investors should consider this report as only a single factor in making their investment decision. All investments involve market risk, including possible loss of principal invested. The author is a cryptocurrency investor and while he seeks to provide honest assessments to the best of his ability may have a conflict of interest that could affect the objectivity of this report.

#### Discord Chat:
You can reach me on Discord on my [private server](https://discord.gg/ftUCWtc) or through private message to LeongKhan

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