What do you think, how does it go with $MATIC (+1.75%) , $DOT (+2.79%) and $SOL in the next few weeks?
PolkadotDOTDOT
Since Bitcoin has just fallen below an important support level, things could get ugly.
I just hope for all of you who have altcoin profits that you weren't too greedy and realized some gains... of course this doesn't apply to $XRP (-0.02%) Owners who never had profits 😜
$BTC (-0.33%)
$ETH (-0.34%) and $SOL (+5.56%) are allowed to stay... and $ICP (+6.07%) also 😅
The remaining altcoins will be liquidated, we don't want to give up the nice profits after all.
Time for daily $XRP (-0.02%) bullying.
You can think what you like about it, but 9 out of 10 respondents find bullying quite funny.
The profits from the $AVAX (+7.2%) sales are immediately invested in $SPYI (+1.35%) immediately.
After all, I want to be the richest man in the cemetery one day. 😅
Economy on 18.03.2024...
New trading week! Many company figures and the FED will set the direction.
The new trading week will be very exciting for many reasons. My watchlist is currently very exciting and I absolutely have to check it. A lot of it looks very interesting at the moment: $INTC (+1.84%)
Intel, $O (-0.11%)
Realty Income, $AAPL (+0.88%)
Apple, $PFE (+1.36%)
Pfizer and now with the crash after the figures, I will also keep an eye on $ADBE (+1.11%)
Adobe.
But since I'm also invested in Vonovia and the weighting there is still low, I'll also take a look this week to see whether another tranche is good here or whether I'll sit it out and wait.
Of course, the crypto market will also be very exciting. The weighting in my portfolio has become very high due to the increase. For $ETH (-0.34%)
ETH, the update is through, which makes the network even better and more useful, and with $BTC (-0.33%)
BTC could remain highly volatile. For this reason, I will continue to collect one or two altcoins. My eye is still on Cardano ($ADA (+0%)
) and Polkadot ($DOT (+2.79%)
). But they are very low weighted and I'll just collect them and see.
This week, the FED will again decide how to proceed with interest rates. But no one is expecting interest rates to be cut either way, and they are unlikely to rise at the moment, so the level will remain the same. However, the market already seems to be dreaming of the next cuts and if you look at the US economy, it won't be too much longer!
There will also be a few changes to the indices today. You can find more information below.
I spent a lot of time in the garden over the weekend. It's a great way to get away from it all and the lawn has to look nice again in the summer.
Let's take a look at this trading day:
Economic data
08:00
- DE: Building permits January | Turnover in the hospitality industry, January
11:00
- EU: Consumer Prices February Eurozone Advance estimate: +0.6% yoy/+2.6% yoy Previous estimate: -0.4% yoy/+2.8% yoy Core rate (excluding energy, food, alcohol, tobacco) Advance estimate: +0.7% yoy/+3.1% yoy Previous estimate: -0.9% yoy/+3.3% yoy
Index changes in the DAX family take effect at the start of trading:
MDAX RECORDING:
Morphosys, Bilfinger
MDAX REMOVALS:
Rational, Vitesco Technologies
TecDAX RECORDING:
Eckert & Ziegler Strahlen- und Medizintechnik,
Suess Microtec
TecDAX REMOVAL:
Verbio, Adtran Holdings
SDAX ADMISSION:
Vitesco Technologies, MLP
SDAX REMOVAL:
Bilfinger, Morphosys
Quarterly figures / Company dates Europe
07:00 Julius Baer annual result
07:30 Hannover Re annual results
10:00 Hannover Re BI-PK
No time specified:
Meyer Burger Extraordinary General Meeting
#zinsen
#zinssenkungen
#zinssteigerungen
#ezb
#fed
#bitcoin
#kryptos
#cryptos
#aktien
#news
#wochenrückblick
#tipps
#shares
#shareholder
#quartalszahlen
#ethereum
#finanzen
#tipps
#autodesk
#dell
#etf
#etfs
#sparplan
#cash
#geld
#realtyincome
#adobe
#intel
#apple
#pfizer
#cardano
#ada
#dot
#polkadot
$DOT (+2.79%) Where do you start taking profits? Can the ATH be broken in the bull run or was the last hype too extreme?
The past week was really impressive as far as crypto is concerned. The crypto cycle was impressively visible in miniature format. At the beginning of the week $BTC (-0.33%) rose in the form of a staircase and has $ETH (-0.34%) followed with a time lag. Altcoins then followed with consolidation.
In detail, for example $BCH (+0.1%) , $LTC (+0.31%) , $LINK (-0.08%) or $DOT (+2.79%) rose behind BTC and ETH.
You can also roughly see in the charts below how the money first goes into BTC, when this is saturated then into ETH and finally into altcoins. So I think you can really ride the crypto wave, despite the enormous risk.
But this is not investment advice! Icould be completely wrong. Please make up your own mind. This is just my interpretation. I will ride this wave in the coming bull market and since very little of my total assets are invested, it won't hurt me if I am wrong.
So that means I will sell off the BTC holdings first in the bull market, gradually. I will definitely not hit the top. If I project the past into the future, it should start from Nov/Dec '24. ETH and the altcoins will follow step by step before all BTC is sold off.
And how do I find my exit prices? By taking the current low of the bear market that has just ended and multiplying it by a factor. This is based on the difference between the low of the penultimate bear market and the last bull market. The factor with a discount.
With a discount, as the BTC will rise less in percentage terms than in the last cycle. At least that's what I think. So I then set myself several levels. As a further guide, I use the Bitcoin rainbow chart, which shows me levels based on the logarithmic chart and price levels in the colors of the rainbow. https://www.blockchaincenter.net/en/bitcoin-rainbow-chart/
If everything is bought, then that's good. If something remains, that's also OK. In any case, my sell levels will be so high that I will go home with a tax-free profit, as I stopped my crypto savings plans last December and accumulated during the past bear market.
So I have almost set my first sell level for the coins. I am still thinking about the factor level and the tranche size for the sell-off, which I will then set using limit orders. The whole process has to be automated, as emotions can destroy the entire strategy.
Why do I actually sell, even if I build up the stocks again later? Because I am convinced that, unlike the stock market, no value is created with cryptos. My profits will be the loss of others, there are no capital gains that can be distributed, as things are produced / created that are included in the economic output in between....
And then there are the videos by Balthasar Becker (see YouTube and X), who explains what could be the cause of the crypto cycle. Not the BTC halving (although I think this is a minor partial cause), but the "money printing orgy". So I believe that the coming interest rate cut will lift all boats. Until then, I'll be watching carefully, then the orders will be activated and cashed out step by step. I'm really looking forward to it.
The funds released will then go into an extra portfolio. I will use the dividends that the shares/ETFs will then generate for me from the crypto sales to accumulate crypto holdings again in the coming bear market. I then want to play this crypto cycle again later. At some point (>2030), BTC (and later ETH) will no longer have this extreme volatility, so I will stay with HODL.
I have also seen parts of this strategy on other YouTube channels. What do you think about it? Would you ride the wave or stick with the classic HODL?
Fundamentals
Rank
#20Market Cap
$5.96BCirculating Supply
1,420,501,733.00Pricing
Information
Polkadot is a platform that allows diverse blockchains to transfer messages, including value, in a trust-free fashion; sharing their unique features while pooling their security. In brief, Polkadot is a scalable heterogeneous multi-chain technology. Polkadot is heterogeneous because it is entirely flexible and makes no assumption about the nature or structure of the chains in the network. Even non-blockchain systems or data structures can become parachains if they fulfill a set of criteria. Polkadot may be considered equivalent to a set of independent chains (e.g. a set containing Ethereum, Ethereum Classic, Namecoin and Bitcoin) except with important additions: pooled security and trust-free interchain transactability. Many of the native parachains of Polkadot will be written using a Polkadot Runtime Environment SDK (e.g. Parity Technologies' Substrate).