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Author Topic: Positive info on ALT Coins - above 200 day moving average  (Read 69 times)
Zoe Saldana (OP)
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June 04, 2021, 11:28:15 PM
 #1

Below are the coins I own, only Bitcoin is below the 200 day simple moving average and holding above it.
This is good news.  I think the worst is behind us.  The weekend is usually a bit down, so don't be concerned.

Bitcoin Cash
Bitcoin
ETH
ADA
Atom
EOS
CRV
Link
MATIC
SOL
DOT
XLM
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June 05, 2021, 05:05:48 AM
 #2


Well, lets have a look at the 30 day average then most of the coins will be in the downwards so its not going to be really surprised if we face further dump in this weekend.









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Sendi blackspade team
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June 05, 2021, 05:25:06 AM
 #3

I am very impressed to see you have so many assets. I myself when investing and trading in the market only choose a few assets that I can learn and understand.
but I see you have a lot of popular coins. but I'm sure you just rely on market conditions not an in-depth analysis of the project.
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June 05, 2021, 02:42:49 PM
 #4


Well, lets have a look at the 30 day average then most of the coins will be in the downwards so its not going to be really surprised if we face further dump in this weekend.

Although crypto trades 24/7 there are thin markets during the 24hrs.  The weekend is one of those times also.  It is a good time to place low buy orders.
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June 05, 2021, 02:47:25 PM
 #5

I am very impressed to see you have so many assets. I myself when investing and trading in the market only choose a few assets that I can learn and understand.
but I see you have a lot of popular coins. but I'm sure you just rely on market conditions not an in-depth analysis of the project.

Yes,  I look at several factors,
Market Cap
Who is backing the coin - large well know companies is a good one
Who is using the coin
Price - except for BCH, BTC and ETH, a high coin price puts retail buyers off.
Another factor - are people talking about it.
Finally the ALT coins are a low Percentage of the total.


I'm looking at VET now, good concept.  But I need to research it.
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June 05, 2021, 03:44:11 PM
 #6

We are out of the bull season officially I think and there's no chance to get a huge pump. It is very possible that gradually we will see the 2018 history where all the coins will eventually get dumped. I don't know what others have done, personally, I'm out of the market now, having sold all the coins and converting them into USDT. I only own a few shits which worth no more than $1k in total.

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June 05, 2021, 04:33:32 PM
 #7

I didn't divide the portfolio value into multiple altcoins that much, but one of them you have mentioned and it is indeed improving. although it didn't last long. because for me altcoins will be very risky if they can't pay attention to the movement from the duration of the decline to the beginning of the increase.

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June 05, 2021, 05:51:43 PM
 #8

You are holding strong project coins. Which will not give you high loss. I have also Invested in some from your list. Which are ADA, Matic, Eth. They are strong project so there is less chances of risk.
What can we do in this market condition? Will anybody tell me please.

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