So first of thank you all who kept faith in me when things went south.
We made some decent effort with $RUNE and we are now using some of that profit to diverse and become less dependant on one sole asset.
I will keep $RUNE as the base and build around with a mix of $BTC $ETH together with some alts. The rebalancing will be done once or maybe two times per month, depending on the development of the market.
Take care and stay safe!
Bitcoin made nice effort to break 44k yesterday. A lot of ALTs didn't follow, in fact a lot of them were "bleeding". So today I took an advantage to rebalance some BTC to get more exposure in altcoins and try to make some more advantage with this moove.
TIA went up a lot in last 48 hours and also Cardano finnaly woke up.
Bull is defenetly here!
Till ETF approval, I don't see a lot of chance to have any big correction. There is also less BTC on exchanges every day, that means that people are acomulating and that is very bullish sign!
What an insane show of strength from Bitcoin! The ETF in the US will become true at some point in the future and people position for it. I looked at the first physical SPDR Gold ETF that was approved in Nov 2004 in the US. Gold did well in advance and consolidated after the ETF was launched. Later, Gold went through the roof in the years after. Not sure how much was due to the ETF, but the ETF AuMs increased to more than 50bn in the following years.
Another reason why I think this rally has legs is that whales with 10k $BTC #Bitcoin or more are accumulating again.
In the past two weeks or so, they started to distribute slightly when #Bitcoin was hovering at $38,000.
The market is now making them buy higher.