1. We're getting a solid dose of positivity 2. The market is recovering 3. Ether +20% 4. Let's secure a bit more ether 5. ETH dominance gives the final push 6. Let's pick up some altcoins
We will find out, as always, in time) I'm leaning towards the latter
Today I exchanged some altcoins and for now, I will be on pause waiting for further developments until the end of the week. Everything should be fine, I hope)
#outpaceeth
Current portfolio: AVAX (at 0.0065 eth) DOGE (at 0.00006 eth) SOL (at 0.0465 eth) TON (at 0.000975 eth) LINK (at 0.004574 eth) ADA (at 0.000225 eth)
👀 This week I will watch MATIC and AAVE
Once again, I will repeat for those who think I’m going all in: I only take each asset for a small part of my holding ETH
Of course, I would be happy if the growth of ETH dominance continues. But on the other hand, I wouldn't mind if altcoins show their growth and we outpace Ethereum
Diversification, damn 🤷♀️
I can't bet on just one thing. On this bull run, I’m betting on: BTC, ETH, now also altcoins... and NFTs. But true love is stablecoins! We always come back to them (for now)...
❗️ And I ask you not to follow me blindly. This is content. Make all decisions independently) I’m practically not taking risks here 🙂
🐱 Altcoins at the bottom? Is it worth entering now? When is the alt season?
I know there are many altcoin holders here. In December last year, I got rid of almost all my altcoins (in favor of ETH). Now I'm gradually accumulating positions back! So please react if you are interested in posts about altcoins, I will release updates more often.
💭 I would hardly buy altcoins now for USDT under any pretext, but... if we consider from the perspective of "where to allocate Ethereum," then right now is arguably one of the best entry points for switching to altcoins. So let's get started...
#outperformEthereum
I'll provide some statistics on altcoins/ETH since 2021.
I’ve compiled a list of altcoins that I plan to buy (mostly tier 1-tier 2 top coins) and made an overall chart of assets to ETH...
Once a year, even a blind squirrel finds a nut.
👀 If we look at the chart of these coins against ETH since 2021, we can observe the same pattern: ATH, 6 months of decline, bottom, 6 months of growth, new high, and so on. + if we remove individual altcoins with anomalous pumps/dumps, the structure on the chart will be much cleaner and nicer)
❕ The situation with $USDT is somewhat similar; it’s just much clearer and more understandable with ETH.
If we believe the trend, we are currently in the 5th month of another decline (from the peak in April). And I see no grounds for deviation from the scenario.
What does this statistics give us? We have a general understanding of how money moves in crypto, indirectly confirming our assumptions about the upcoming alt season, and looking at it makes it psychologically easier to accumulate altcoins.
💭 If there is a real alt season, this time we will see a truly beautiful breakout, not just another bounce.
However, since I primarily follow conservative methods, I am of course waiting for at least a bounce, at which point I will secure a decent profit.
On average, each drop was around $20-40, which is quite little for 15 points of a badge. So today is a skip, and I continue to diligently level up accounts
💭 Farming alpha is still profitable, and very much so. We often see drops of $100+
It's never too late to start, just make it a habit to spend 2 minutes a day leveling up your account (guide)
I didn't think I would return to alts again, but it seems to me that now is a great opportunity to offload a little 🔹 $ETH, which has performed quite well (not financial advice)
...10-20% (maximum) of my ETH share seems fine to transfer into alts, and the risk-reward is good. At the very least, all the coins I'm tracking are at a significant low compared to ETH. And, if there is to be an alt season, then the potential is quite good. The main thing is not to fill up on bags of garbage
As promised, I'm sharing what I'm buying:
〰️ I bought $AVAX (at 0.006 ETH) and $DOGE (at 0.00006 ETH)
I've put together a large list of alts for myself. I will track and gradually pick up what's dipping. In any case, I don't want to accumulate too much))
Exactly 10 years ago, on July 30, 2015, the first block in the main network was mined 🪵
In honor of the anniversary, over 100 events will take place around the world
Additionally, a commemorative torch “Torch” NFT was released, which was transferred between wallets for ten days and then burned to conclude the ritual
💎 And today, after the celebratory stream, there will be a free mint of this torch NFT available for 24 hours
Holders of $BNB, good morning to us twice today! ☀️
First of all, $BNB has been hitting its ATH for several days
Secondly, Binance has announced the 29th project on the HODLer Airdrops platform — Treehouse with the token $TREE
• If you held your hard-earned $BNB in Simple Earn and/or On-Chain Yields from July 10 to July 14, you will receive a $TREE drop as part of the new HODLer Airdrops
📈 The listing of the token $TREE will take place on July 29 at 5:00 PM
📃 You can find more detailed information here
Retro drops for BNB holders are another gold mine for Binance. So hold on tight to your BNB!
🔹 The ether is nearly $4000, which means it's almost time for another sale
The level that has been troubling ether holders for over four years. The level where liquidations totaling around one billion dollars are currently gathered
The level $4,000-$4,100$ - is a great opportunity to secure a small % of held ether. I think we will reach the target any day now
Next, I will wait for the breakout of this unfortunate level and a flight to a new ATH. Specifically, $5k and above
💭 Right now, I have also decided to cautiously start transferring a small portion from ETH to altcoins
What I am guided by: I choose good potential with an adequate ratio of potential to the pair in $BTC and $USDT (without disagreements), while having the most favorable situation in the pair to $ETH at the moment
> If you're interested in which coins I choose, click a reaction, and I will duplicate my trades here. I do not encourage repeating. My main goal: to outpace the growth of ether
I don't plan to accumulate many altcoins, but I definitely don't consider diversifying a little in the current situation to be unnecessary)
Smart Money is a new tool on Binance Futures that allows users to track the trades and performance of top traders from real accounts in real time.
❕ Users can see data on ROI, PnL, open positions, and trade history.
- How does the tool work? • Users gain access to the ranking of the top 100 traders by ROI or PnL over various periods. • View open positions and trade history (UM or CM). • Option to subscribe to a trader and receive notifications for new trades.
- Where to find it? > Futures → Smart Money (on the website) > Futures → More → Smart Money (in the app)
binance.com/uk-UA/smart-money
💭 Newcomers will find it helpful to understand the strategies of real successful traders in real time. Meanwhile, experienced traders get the opportunity to represent themselves, gain followers, and monetize their experience.