Subjective throw 👁 on the crypto market 08/02/21 #4

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Let's start, let's check what happened there interesting on the market last week. For starters, the information about the coin that I do not have, but its entry into the top ten in terms of market capitalization is a big surprise to everyone. Dogecoin was created as a joke and was treated like that for a long time, but after the last tweets about it and all those push-ups, it jumped to the top ten - coinpaprika shows it even in ninth place - shock and disbelief: D

We move on to the fixed points of the program as every week;). Mainframe ($MFT) + 168%, 0x ($ZRX) + 139%, Avalanche ($AVAX) + 132%, $Swingby + 121.57%, Fetch.Ai ($FET) + 107% - beautiful increases and in the first position Mainframe (MFT) - Those who read me know that I have some of these coins as well as SWINGBY - so the initial capital is already taken out (even with a small earnings: P) and now I'm waiting for the Mainframe application to be launched. I am constantly wondering if I should play in front of the event and sell some of my coins just before the start of the application, to buy them back cheaper after the start of the application. The market usually reacts to such events in such a way that the price rises until the application starts, then the emotions fall, and so do the price. We will see. Swingby also made a very nice profit, let's hope that this is not their last word and we will see an increase on this coin. I do not have the other three coins and I probably regret AVAX the most, because I had already gathered to buy it several times when it was still below $ 10.

Falls. Here is a very interesting situation, because only three of the coins in my wallet and which have been followed. Lition ($LIT) -34%, Voyager Token ($VGX) -9%, and V-ID ($VIDT) -0.47%. This week you will have to take a closer look at Lition after such a price drop, because it might be worth buying some of this coin ;)

Moves on my wallet from last week. Sale of Mainframe and Swingby parts. Sale of the entire Energy Web Token (EWT) with a small profit. My position in Reef Finance made over 30% in a week + some coins came from staking - if the next week is just as good, I will most likely sell it as part of the campaign to go to Tether :). I have Carbon all the time, we are waiting for the launch of the platform and we will see how users will accept it and how its price will behave. In addition, the RioDeFi (RFUEL) project appeared in my portfolio and it immediately flew to stake at BITMAX - I intend to hold this project longer, and in this project we are waiting for the phone application.

The fear & greed chart from www.btctools.io shows 65, I thought there would be a lot more and we would be in the Extreme Greed sector, and here is almost the middle of Greed. However, my feelings about the market were probably due to the profit-taking of MFT and Swingby, as well as the color green on other projects

Grayscale on subsequent purchases, this time in the lead role Ethereum ($ETH), which they purchased last week 104,990 units and almost 30 million Stelar ($XLM). They are still buying, although last week they sold a part of Ethereum Classic 7074 units.

According to https://www.blockchaincenter.net February is the month of Altcoins, and the Altcoin Season Index is the same as last Monday at 59. We had a slight swing of this index during the week, usually it was falling and back to 59.

In the graphics on the Glassnode website - https://studio.glassnode.com we can see a large influx of new Bitcoin wallets - so it is more and more boldly to say that we have a bull market and may it last as long as possible :)

Let us end with this optimistic accent. A lot of green color on crypto exchanges and in the portfolio - remember about profit taking because this market is very dynamic and does not take prisoners, so it is worth being prepared for ups and downs.

 

Thank you for taking the time to read this text - please remember to like, follow and tips - this will help me with my blog.Big THANK YOU in advance for you for doing this. Share in the comments what you made profit on last week.

Regards ;) 

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