maxmaher
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Big Buy Alert
🕑 Added 2021-12-04 16:54:57 +0000 UTCBlack Friday ran a little long this year. As you've probably noticed the crypto market really took a dive in the last week following basically every market trending downwards recently.
Why is this happening?
While there isn't an exact reason we can point our finger to blame there seems to be a mix of fears in investments in general>
Stocks pulled back further this week as investors (primarily the large institutional boys moved into safer assets) What happened, in this case, is you see tech and more volatile stocks decrease in price first, and then the 10-year treasury yield decreases. This decreases because the treasuries you and I can buy are on the secondary market. As more people buy the 10-year treasury the market price for them goes up which means the yield goes down.
It seems the overall investment fear crept over to cryptos which then took a tumble as a result.
Because of this, I think it is a good time (in my personal opinion) to go shopping.
I'm going heavy, but not all in, because this may not be over with quite yet. If you were investing through dips in the summer you saw 3-4 very significant dips.
Here are my buys (remember this is relative to my portfolio and accounts to about a 10% addition total):
BTC $4,000.00 $48,188.00
ETH $2,000.00 $4,021.00
ADA $3,000.00 $1.40
ERG $2,000.00 $6.08
LINK $2,000.00 $19.83
SOL $2,000.00 $202.00
VET $2,000.00 $0.09
ENJ $2,000.00 $2.90
SDN $2,000.00 $2.00
PYR $1,000.00 $27.85
KCS $1,000.00 $22.84
KDA $1,000.00 $13.15
I am actually pretty excited about this dip as the market has been a bit hot but just please be careful. It might be a good time to add to some of your favorite index funds as well to up your investment safety as well.
Not financial advice.
All purchased on Kucoin: https://www.kucoin.com/ucenter/signup?rcode=rJMS45S
Also might be a good time to rewatch this video: https://youtu.be/Mx__7JEmkKw
Discord link working again for those who were having issues https://discord.gg/9wSVmT2ewU
Comments
I feel like we've been hit with a left cross, and are waiting for the right uppercut... but still buying all the way down...
Shibnobi SHINJA This is fun and it is doing fine. Crazy?please check it out
Well, I’m going to take the under on this for a little while longer. Raise some cash on the bounce and see how the futures open on Sunday. Seems to me the political pressure on the fed to fight inflation may cause then to make some bad policy moves and pull that punch bowl away faster than the market wants. Or it could be nothing and I have to buy at higher prices.
Max with the dry powder on deck!
What wallets do you recommend for BTC, ADA, and ALGO?
I just don't use the platform personally. I have nothing against it, but I can only personally track so many things
Have you heard of zk roll-ups Max? Would love to know your thoughts
Thanks for update Max!
Really good Advice, thanks you
U r the best Max. I follow u advices diligently and it has been great strategy. Hi all the way from Latvia. I am still wondering… and i am sure u r very tired of this question… but why u stay out of CRO? Any video on this or thoughts at least. Pretty please
Thanks Max. You the man!
