Risky Biscuits

The entire crypto market just took a nose dive.

This presents some good opportunities to enter into solid projects that dump more than the rest.

I'm currently looking at entering luna but I want to see their stable coin (ust) regain it's $1 peg somewhat fast. 

Hopefully we have better days ahead. 

What a bloody week. 

As I've said previously, I don't think it's possible to time the market and generally I don't try to do so. 

I have and will continue to move portions to gold or stables after big pumps and use that to buy back in after crashes like this. In my experience this is the best strategy to use over a long period of time. 

Hang in there. There's better times ahead. 

Happy new year

The first day of 2022 bodes well for the rest of the year for Risky Biscuits.

Since our last rebalance, $FTM has made around 50% returns. I've put a bit of that profit into gold. I can't predict when the next market correction will occur, but I want to be in a position to take advantage of it.

I wish you all a great 2022!

Happy holidays everyone!

After the major correction earlier this month, it looks like the market has found a bottom. Let's hope we continue the bull market at least into the new year.

If that's the case, I'll slowly put profits into gold/stables, to have some buying power for the next big correction.

Looking at any metrics, $FTM and $ATOM are very undervalued compared to other L1 coins.

This is one of those not so fun days in crypto.

As I've mentioned in previous posts and on the strategy description, I invest fundamentally.

That means short term I'm not trying to time the market. The simple reason I don't do that is I don't believe it's possible for anyone to do that. Hindsight is always 20/20.

I will start to allocate small portions to stable coins if the bull market picks up significantly but for now I'm 100% in.

This is an opportunity to get into projects that dump too low and make some gains when they bounce back.