$BTC's still the king. The sentiment is funny right now. Crypto twitter is actually pretty quiet ... It looks like many are sidelined and still waiting for $BTC to go lower. We'll see.
Still holding $RUNE $NEAR $LINK $ROSE
Crazy times. $BTC went up 21% since our last rebalance.
There are some rumours that FED is actually going to CUT rates. Few days ago the prediction was 0,5 bp. I guess they are afraid to break even more banks lol.
$BTC loves this situation. Dominance is now at 45% and is going 🆙
I still believe $BTC needs to do a nice rally before we can start to hope about another alt season.
And don't forget ... 364 days til the next $BTC halving.
Staying with $NEAR, $RUNE, $ROSE $LINK $BTC
You know the FUD is strong when stablecoins start to depeg. $USDC and $DAI losing it. Down 10%. This is not the same as luna and $ust one year ago. 8,25% of their reserves are stuck in the collapsed Silicon Valley bank. But this is it, I believe market is overreacting. We are in $USDT, so no worries for us.
There are so many bad news coming out last few days, it's crazy. We'll stay mostly in $BTC, but I'll be buying $RUNE, $LINK, $NEAR, $ROSE discounts.
Pretty nice $BTC move ... We'll see if it'll sustain. Every move to the upside is welcome these days. I took some profits.
Tomorrow is a big day for zksync. Still no zksync project on Iconomi to invest into this zkrollup hype. But if you maybe bought mute, you are doing really well. I'll monitor and add some of those project when possible.
@Petr Here you go
Big news actually. They started onboarding for builders and devs. So big thing for mute too. They could go live for public users in couple of weeks.
What's the news with zksync?
Yesterday I added $ROSE. It really was a perfect timing - it did 25% since then. Taking some of those profits.
Rate hike at 0.25% as expected! Powell was actually bullish. Many expected a big drop after his speech - that's why we were 30% in stables. Now I'm buying $RUNE $NEAR and $LINK again.
If someone bought $mute - it's up more than 100% in a week.
ZK season is coming ...
I really can't say where we are at the moment. But nobody can. It's hard to believe we are entering a bull market in this macro situation (Ukraine war, inflation etc). But at least we have got some kind of reminder that crypto is here to stay.
Many out there are sidelined, in stables waiting for lower prices, BUT after this move we have to do like 30% drop to meet prices from a few weeks ago. Dynamic has changed, this is a fact.
I still believe $BTC will continue to gain dominance, so I'll keep it at 40%. $NEAR is doing great, I took some profits before. Will still try to accumulate $RUNE ,$LINK, $DOT and also try to find some other projects. I believe zksync will be a big thing. EthDenver starts on Feb 24th. I'm really looking forward to it. I believe many project build on zksync will do well. Sadly I cannot buy them on Iconomi, but some could be soon here too.
I'm looking especially at $mute, maybe $woo and $imx. We'll see how things unfold.
I believe a pullback could come soon, but I hope this monthly candle stays strong. All you have to do is to make a plan when to buy in. Again, we are down 90%+ from all time highs. Things change really fast in crypto. Investing now 100$ is like investing 1000$ at all time high. One advice, if you are not buying the next dip ok, but don't go in after we make +300%. I'll do my best to preserve our capital this time.
Wish you all the best and thank you for copying me! 💪🏻
20% $USDT now. After this kind of $BTC run we have to take profits. To have something to buy the dip that will come eventually.
$BTC showing some strength. I took some profits now at 22300$. Going into alts right now is not smart IMO - if $BTC sees a pullback, alts should suffer. That's why we have 12% in $USDT now.
Of course. Nothing has changed actually. But it's interesting how manipulated this market is.