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EMNG
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Bearish
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It looks like
$ETH
is on sale this morning
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ETH
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+1.97%
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EMNG
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$BMT is a very exciting project and provides hugely valuable insights wherever it is utilised and I hope to see it utilised by Binance soon. Today I decided to buy in and hold some of their token and benefit from their promotional APR on flexible holdings. My entry point is not great judging by the 6 months performance of the token but I see long term value in this project and anticipate it will succeed. The amount I invest is proportional to how much I know about the project so it is a conservative amount so far and will move with how the project passes the test of time. #HODLStrategy #BMT
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$ADA is a token that I haven't touched in years (more on this below) yet very optimistic about holding now and the hashtag #CardanoDebate was a great reminder. In 2020, first when I started exploring crypto, I had no idea what this whole thing was and only thought of them as moving numbers next to tickers and nothing was really behind them. I lost a lot of money in almost every coin purchased thinking I should buy and sell on a daily basis as if I am in a stock exchange managing a proper portfolio. A mistake many people made but this is how I learn and I could afford the loss needed to learn so don't always worry about losing but think of it as the price you pay to learn. Now, after years of uneducated and educated guesses, I know a little bit better than I did in 2020 and keen to share my 2 cents hoping someone will learn what they need to get started if they have been holding back because they don't know enough.
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$BNB is my favourite asset to both stake and trade. #BNB is the native coin of this very exchange and is used for paying trading fees and that is what is giving it real value. I like to over simplify and think of it as a share/stake in #Binance and that is mainly because it fluctuates with the volume and value of daily trades and that is affected by the reputation and performance of #Binance the company and the exchange. Another buy at a price close to but lower than yesterday's buying price to add my little bank.
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$ETH As you can see, I bought almost at the same price point as yesterday. What you can see above the dashed line is what I hope to achieve daily in my PNL. By spreading the buys, I am not only mitigating the risk but also maximising the probability of making profit on each small chunk of ETH I buy. However, I am not daily trading but daily buying to stake and slowly but surely grow my crypto portfolio. Stay tuned for updates on my #HODLStrategy
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What are we buying today? Let's have a look at the most interesting pairs today I think one more piece of an ETH given the drop in price compared to yesterday #ETH And been waiting for Cardano to get a bit cheaper than last week's average #ADA also more on the #CardanoDebate in the coming posts but Lastly (don't take my word for it), a piece of a BNB to stake #BNB As I explained in a previous post, buying at every possible opportunity is the way to go for building a good portfolio before you can trade profitably. Stay tuned for more updates on how these small buys are doing for my portfolio. #TradersLeague
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