Yippee!!! its been over 2 months since this happened to my crypto currency portfolio...
After my portfolio has stumbled down to 40% of it's value USD VALUE since the start of the adjustment.
Some good news I think...
Presently I provide services as a business operations consultant. A position which includes me protecting clients by reading seeing and handling trends.
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I am not a licensed investment advisor or investigative Journalist. These are just personal observations and thoughts. |
I know my background helps me a just a smidgen.
I have worked programming for & consulting to Thomson Financial Systems, CS First Boston, Chase, Morgan Stanley, Software Options, a Fund taken over by Price Waterhouse and Independent Investors and served as an expert witness in two cases. Specifically working on: Trading, Portfolio Management, Order Routing, Position tracking, Analysis, Risk Analysis , and Arbitrage systems.
I am presenting my observations here, you must first decide if they make sense to you, this is part of the information I use to make my portfolio decisions.
It's the first time in over 2 months that my portfolio actually made 4 days of gains and, as it broke the trend of 3 new down peaks. and it looks like have broken the downward trend and are heading to break through the support level.
My Crypto20 and Steem positions pretty much will be giving me a nice profit even on a 50% bounce back to the peak.
We know bears are going to hibernate, the question is when are the bulls going to come in from the pasture!
This is definately sign of the downward trend, being broken...The question is will it just consolidate at this level, or will it start the flight to the quality and go up!
I am so glad I have been buying opportunities of undervalued cryptos that are actually being used....
My portfolio includes:
BABB (BAX)
Trinity Network Credit (TNC)
NEO (NEO)
Kucoin (KCS)
DigiByte (DGB)
Ethereum (ETH)
Crypto20 (C20)
Credits (CS)
Binance Coin (BNB)
Republic Token (REN)
Steem (STEEM)
Bitcoin (BTC)
WePower (WPR)
Ontology (ONT)
IOS token (IOST)
Nuls (NULS)
Oyster Shell (SHL)
GoChain (GO)
OneLedger (OLT)
Tether (USDT)
Etherum (ETC)
Perkscoin (PCT)
50 coins at the dust level (< $5)
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signup pages: http://vnsinc.com/LNG/launchreferrals.html
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#steem #cryptocurrency #bitcoin #money #news #blockchain #crypto #education #trading
i don't see it going much lower
I see it bouncing up from here but a majority of crappy cryptos are going to die on the vine over the next year....
The problem is to many people sold their souls on the next shiny object way of choosing tech companies.
They are going to hold on till they are sucked dry like a mummy!
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Great post!
Thanks for tasting the eden!
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Nice info thanks