Removed $LRC and $ANKR
I took some profits in $ATOM because it outperformed our other holdings 40% and it is slightly less attractive after this big run up. It might run into some resistance at 40usd and at previous ATH's before breaking out.
$ANKR shows signs of strength, so I keep an eye on it, but I didn't buy it yet.
$LUNA looks ready for new ATH's, so I let it run.
Return of the DeFi. Despite potential upcoming regulatory headwinds, DeFi continues to grow, and assets like $YFI and $COMP are finally showing upside. I have slowly added those, replacing sideways performing $RSR and $ANKR. I will however reduce them again to add $LUNA if it solidly breaks its previous high.
Rebalanced our portfolio and readded the unloved $XRP because it seems ready for a breakout. $XRP has a history of violent breakouts. We might be wrong (or early) but I don't want to miss the $XRP train once it leaves the station. I sold our $ANKR to make this possible. We'll be back in $ANKR when the opportunity cost seems lower.
Bought some of the $LUNA blood after the pullback. The moonmission is far from over.
$ATOM performed very well over the last few days, so I lowered our position a little bit.
Great times ahead!
Great performance over the past week, and a warm welcome to new followers!
As you may have seen, the biggest project in the strategy, $ANT, was reduced and then dropped completely at around 0.000140 BTC due to overshooting too much. The current price is 0.000125, so this was a great exit near the top (Possible re-entry later!).
From $ANT I mostly added to $LUNA which has done great, and added $RSR to further beef up DeFI/stablecoins. $ANKR is often quite uncorrelated and added for balance, and it is a well respected staking platform. $FET has underperformed, but has a bright future, so it retains its place, but I am not rebalancing profits into it.
No big change today; Just a little reduction in $LUNA to redistribute its great performance.
Our $AVAX position outperforms $BTC by 46% right now but we let it grow because I think it will break out to new ATH's in USD and it is flirting with new ATH in $BTC . It outperformed some of our other alts by an even larger margin. I will only consider to take profits in $AVAX when it makes new ATH's in $ETH value.
Our other alts will need some more time to recover from this correction but as soon as $BTC shows we're not going down further, they will start to rise again and fast. The upside in $ANKR , $RUNE , $VET , $FTT and many others is huge!
Fasten your seatbells!
As expected $LUNA bounced back hard and is on a moon mission to new ATH's.
$ADA is gaining strength. It was everybody's favourite alt not so long ago and now it is very unloved. That's why I hold a decent allocation to $ADA as a contrarian. An absolute beast with fantastic fundamentals.
$ANKR proved to be an excellent trading vehicle and diversifier in the past and it looks like it will continue to be so.
$AVAX is stealing the show. Happy we bought this new cryptodarling on the dip.
I re-added $ANKR after the selloff.
I think it will run again. Traded a few times succesfully in and out of $ANKR in the past, based on $BTC or $ETH value. It pulled back after we sold it last time. But it is still in an upward trend. So:
I expect it to make new ATH's and fly once it is in uncharted territory.