📊 As crypto assets have shown mild recovery promise today, it is important to keep perspective on the mid and long term performances of most traders. Average returns for traders active in the past 6 months:
😉 XRP: +2.5%
🫤 Bitcoin: -8.8%
🙁 Ethereum: -22.6%
😬 Toncoin: -23.0%
😫 Dogecoin: -32.9%
As a trader, if you enjoy making profits, you WANT to be in assets where other traders are in pain and seeing losses.
The vast majority of altcoins are seeing their traders under water, meaning this is historically a less risky time than average to buy or add on to your positions for the respective assets on this chart.
Further explore all of the useful @santimentfeed indicators to make more informed trading decisions.
Make a free copy of our MVRV Mid-Term Sansheets model here by simply selecting File - Copy: https://t.co/jcyB3LIB0V
For easy instructions to use this model yourself any time, simply:
1) Download Sansheets: https://t.co/5yfJ7oYMsX
2) Plug in your API from and Sanbase PRO trial or membership account: https://t.co/XJNtPVG4O9
3) If you're having trouble getting the data to load on a model, head to the 'Data' tab on the far right of the spreadsheet, and go to the yellow cell. Then delete the cell formula, then hit Undo. This should manually refresh the data.
4) If data still won't load, copy the URL of your model, close the tab, and then paste the URL in a new tab and hit enter