Where will the Avalanche carry little Trader Joe?

I am not an analyst nor an influencer and sure as hell I am no trading expert. I understand that most people want to see weird charts followed by the precious signal! I also have witnessed how most read those...they don't... their use is aesthetic and their reading superficial to say the least.

What I do however is to use my logic and judge if my portfolio can actually benefit long term by a short or medium term move. In that I take pride that I have a long history of survival with a little bit of profit 😉

So, who is this Trader Joe and why I believe that holding medium term (3-5 months) on his native token $JOE can give you a nice 2× ?

Trader Joe is a DEX on Avalanche $AVAX
Current Market Cap at 289, fully diluted at 408. What attracts me to this token is that there are so many days that the DEX daily trading value exceeds the coins Market Cap. If it happens once ok, if two then interesting if every now and then it is a signal of a healthy project evolving!

Now add to this the fact that they hold assets that far exceed their market cap (5x plus that is) and have more than 30% in TVL and I say that failing is more costly than succeeding... and this is to me the single most important signal out there in real world!

They also have this Banker Joe who plays lending game by compound. A good add on for every DEX that wishes to survive long term. They also incorporate their own NFT Market that is interesting in my eyes. Finally guess what... they have living, breathing, support team that actually supports - that's a special bonus don't you think?

Anyway, I believe that JOE's more realistic evaluation is close to 800m and for that to happen my suggestion is that we will see this at 1.6 - 1.65 before the end of this cycle. It's not the token that will get you rich but I won't back away from a doubling of my investment when the risk of failure (in my eyes) is so low!

Not a Lambo but it will pay the bills...

As always... not a financial advise. DYOR and have fun in crypto wonderland!

#AVAX✅ #Joe

Crypto Influencers: A Tale of Self-fulfilling Prophesies!

Ladies and gentlemen, I am a crypto-influencer. Well, not really...I am not. I don't have the popularity, I don't have the time, I don't have the skills and above all I am pretty sure that at my 42 I will most probably look to most of you as a boomer!

But let's say I am and go check my everyday routine in a hypothetical scenario that it is really not so fictitious...

So, I am making breakfast and check the market. This weird $IOTX coin looks in a favorable trading position. Not that I am a great analyst, but hey, I can read RSI and MACD. I grab my phone and let my inner circle know... I have the next prophesy at my hands. I know the coin that will pump and I will share with you my loyal minions once I receive my usual fee... no free lunch - you know, I have an iguana & 2 spiders to feed.

Now, I am sitting in my laptop and prepare the narrative. A lot of copy paste with a few key words like tech, idea, potential etc. Look at that, my minions fetched the money. Take those money and invest in the coin first, in the low price it is....

Time to share my wisdom with my inner circle minions. They get my message and rush to position themselves. Here we go the first little signs that my prophesy is correct. The coin begins to move even if only slightly. Time for stage 2... YouTube video premiere in 1 hour. I will share the secret with the public... my poor followers that can't afford to buy themselves a ticket to the inner circle. Cheap little @#%@#$

Look at them... they buy the coin en mass. My prophesy was correct. The coin pumps. Time to withdraw with my nice fat profit. Done... now let me signal it to my loyal minions... signal to sell... they will get much less but it covers my fee!

Hey, I forgot someone... ooohhh yes.... the cheap little @#%@#$... yeaaa I know, my signal was correct but they are greedy. They should have withdrawn earlier. After all, guess what!
Disclaimer:
As always... not a financial advise. DYOR and have fun in crypto wonderland!

#HotTrends #TradeSuccess #Tradepulse

Bitcoin: King of Meme Coins!
Part 2

It comes down then to Scarcity, Acceptability and Durability.

The Scarcity part (in my opinion) is not to be correlated with circulation supply. Not directly at least. Circulation supply differentiates the availability/accessibility of the coin and ultimately its unit price... but not the total Market Cap. In that sence Shib can never have a comparable unit price to the king but it can very much have a comparable market cap. So Scarcity cannot differentiate the "real" value!

What about Acceptability then? Hmm.... the audience must accept it. Well then... it does for BTC and it does for DOGE. Again it is a matter of various levels of Acceptability not the essence of Acceptability.

So... it is down to Durability then? Okay... guess what... all the same. Bitcoin is older but is it more durable? You might say a resounding yes but since you or me are not the "clairvoyant" we have a very limited span of perception of time. The cynical and correct answer is "nobody really knows".

Last check... use cases maybe? Again, Bitcoin is favorable... at this point in time (the voice of the cynical)!

That was a long post... but to put a conclusion to my thoughts... it's all about perceptions (for now at least) and nothing more. Obviously Bitcoin is in power. We live in its era... but guess what... empires have crumbled under the pressure of time don't you ever believe that a digital store of value can't or won't! There is no scientific way to prove that BTC is in long term more viable. You have the perception it is, given this moment's available data. You do well to think so... for now!!!

So yes... as far as I am concerned the jury is still out on that. And yes, Bitcoin is indeed a glorified Meme coin until proven differently in a period far in the future that we may never witness!

As always... not a financial advise. DYOR and have fun in crypto wonderland!

$PEPE $FLOKI $SHIB

#memecoin‬⁩ #MemecoinSupercycle #PEPEALERT

Bitcoin: King of Meme Coins!
Part 1

There it is... I just made a claim that will make the holy inquisition of Crypto Gurus to rain fire on my ignorant sorry excuse of an existence!

Given that I am not untouchable by fire or even a side-glance of displeasure to be honest, I should make amends immediately and then I will come back to the subject...

Oh great Crypto Gurus, I swear I hold BTC above all else as the unique God of the blockchain creation. Benevolent and all present, the only truth of the crypto universe.

Now that we took this out of our system, let me explain myself. The statement is neither a click bait nor an expert's wisdom. I feel it is just the result of a connect the dots simple puzzle.

Drawing from the very interesting article by #investopedia :
https://www.investopedia.com/ask/answers/100314/why-do-bitcoins-have-value.asp#:~:text=Bitcoin%20has%20value%20because%20it%20can%20function%20as%20a%20store,its%20use%20in%20an%20economy.

a currency...

"all it needs is to act as a store of value, be recognizable as a unit of account, and be accepted as a medium of exchange"

So far so good then ha? BTC and PEPE both pass the first exam - maybe not with the same grade but they do pass.

Once these conditions are met we go for the big showdown...

Investopedia author John Kelleher correctly goes on to suggest a 6 point scale upon which a "coins" success can be judged/evaluated. Namely...

Scarcity, Divisibility, Acceptability, Portability, Durability, Uniformity

So in terms of Divisibility, Portability and Uniformity I guess we could all more or less call it a tie. Shib for example has the same merits as BTC in terms of having many denominations, being portable and uniform.

... continues in part 2 ...

As always... not a financial advise. DYOR and have fun in crypto wonderland!

#MemecoinSupercycle #meme #SHIBA🔥
$BTC $SHIB $FLOKI

The "SuperTrader": A Rather Uninspiring Fairytale!

Whenever a bull market appears in the horizon, there comes the muthical creature of the great trader. An excellent storyteller, will hit you with the tale of a long gone bull market where he managed to invest 1$ and he/she was so good that made 56.543.000$ in a few weeks. Then he made a tiny mistake and lost the 56 million to end up with the 543k - poor thing!

If this story reminds you of something...then you are still close to your childhood! Yes, it is exactly the same narrative used in children fairytales. The normal hero, that gets a good break, followed by adversity, only to come back wounded but victorious!

Those stories have always the same elements. A very low entry fee for everyone to be included, a huge profit realized to sell the dream, a loss by a single mistake that you might avoid, and a landing price that in any case presents a huge ROI. This is the reason the phrase "too good to be true" was invented!

Let's put the story to the test. So, you are such a good trader that you made it big!
Excellent... so the same trader that took advantage of the market in such a way that could make #BlackRockCrypto. and #GrayscaleInvestments eat their hats (there you see, I do like a good comic myself) then failed to capitalize the profit of at least 10% of gains letting bears eat it.

Okay then... this is a textbook case of an incompetent trader and I would have never invested a single dollar to your suggestions mate! You are also a greedy anti-hero by the way in your tale. Not even the cool bad guy, or at least the meritorious good guy. To put it in spaghetti western terms... you are not the GOOD, you are not the BAD... you are the ugly!

To all you great Crypto enthusiasts... enjoy the ride, delve into the ecosystem, learn and be inspired by the ideas flowing around. You are pioneers of a new era for humanity. Be proud of that, not of your bank account.

As always... not a financial advise. DYOR and have fun in crypto wonderland!

#storytelling #narrative #TradingWizard $ADA $IOTX $DOT

Blood Moon Omen!

Crypto community to me is the one set of people that worths to hang around. Even when our naivity in trading can deliver us a heartbreak, the one thing that remains is the vision of a world to come. In that sense, for me, crypto enthusiasts are pioneers of a new era. Rich or Broke, they participate in the most thrilling journey technology can provide in the 21st century!

And as pioneers, I guess we senced that there will be no Blood Moons in 2024 and we decided to make one ourselves exactly 1 year before an original one. The next Blood Moon will only happen in 2025, on March 14 you will read if you make a simple search. They are talking about a natural phenomenon, we are talking about a price dump! Not the same but it was as close as we could get by employing the blockchain derivatives on our possession!

In days like that you should not search for a higher meaning. There is no secret you could realistically have predicted and could put you on the correct side of the equation. Remember this... you do the same to others countless times. Whenever you close a spot position with $1 profit, someone, somewhere and at some future point in time will suffer a $1 dollar loss. Don't let ideas of inflows of money can nullify that. It won't. You took something out and you set a chain of events that will lead to someone's loss.

You don't feel bad about that, do you? So when in the wrong side of the equation you can only do 2 things

1. Embrace the suck!
2. Reposition yourself as best as your portfolio allows.

Hint: You are not in a loss until you close a position (talking about spot trading here). Until then you are only short-term challenged in terms of liquidity!

So it is our very own Blood Moon. It will come to pass. In the meantime those prices on $XRP $ALGO and $IOTX look super for an entry point!

As always... not a financial advise. DYOR and have fun in crypto wonderland!

#HotTrends #dumpNpump #CryptocurrencyAdventures

The (very wrong) way I use rebalancing bot to make money!

I am a bad trader
Actually I am a terrible trader!
It's not that I don't have my moments or that I am particularly blind to market movements. My issue is a different animal.

Being a crypto environment admirer I love the potential, the technology, the philosophy and ultimately the ingenious ideas. The problem is that I was unable to focus my portfolio. This was not an investment...it was a coin collection and I was a great collector!

The issue is that by diversifying that much you can never achieve profit. 3 correct moves are being nullified by a single mistake. Make a second and you lose.

And then gods had mercy on me and sent Binance the idea for the "Rebalancing Bot". Suddenly I could take a tool, use it in the most incorrect way and still win!

The principle is simple...
Take 9 coins you like the most, believe in potential, their tech, the name, whatever.
Add $USDT to act as your safety pot.
Now make the auto rebalancing almost impossible for the bot with a coin ratio of 30% or 50%.
Now challenge yourself to trade only on those 9+1 coin and take advantage of their volatility.

And that was it for me. I suddenly could focus on the best (for me) projects and by daily interaction learn more, educate myself, delve into their significant events/dates. Without even understanding it I started to understand the communities behind projects, what appeals to them, how they react under pressure in a red bloody day...

I am still a terrible trader I guess but within the artificial box of the Rebalancing Bot I can actually master my very few talents and avoid my many disadvantages.

As always... not a financial advise. DYOR and have fun in crypto wonderland!

#Idea #bots #BinanceExcitement #Tradepulse #HotTrends

$BTC $ETH $ADA

#AEVOLAUNCHPOOL token farming in Binance ongoing

With $BNB strong its an opportunity to either sell (not really) or do something with your "inert" funds. Binance Launchpool latest endeavour is to me as good a choice as any for some passive income.

#Aevo exchange is not a revolutionary project -in my eyes at least- but it is a decent, even interesting one in the short/medium term. For more on that... https://www.aevo.xyz/

The #AEVOtokens that will airdrop into your account will be immediately listed in Binance and as i am writing this it appears that will initiate trading somewhere in the 2,2-2,5 vicinity. Most importantly there is a sentiment in the air that AEVO token has the potential medium term (3-4 weeks) to even surpass 10!

Wishful thinking? Maybe it is the case... but i don't suggest anyone to invest heavily on it. Yet, i do believe that it provides for a nice side/passive income from an otherwise inert BNB spot.

For those interested... Binance Launchpad
PS. You can do it in $FDUSD as well but that looks a low return strategy in my eyes given the particulars of that side of the project.

As always… not a financial advise. DYOR and have fun in crypto wonderland! 

The Weird Case of Cryptos to Buy “Bellow 1$”

Of the things that make me truly wonder on the quality of reports in crypto sphere, nothing stands out more prominently than the provocatively deceptive catch phrase of coins bellow 1$ !

What exactly does this mean? What is the argument behind the concept that bellow dollar value coins are somehow preferable as an investment?

The answer to me is simple. For people that wish to invest little time or are prone to superficial judgements this somehow is connected to the idea that low unit price means an underdeveloped project with potential. Or maybe you can get more, so you can make more! Nothing could be further from the truth.

There are concepts that do bring some value in an analysis. Market Cap of a coin, Volume, Market Dominance percentage even… but there is no such thing as a connection between the unit price of $VET and the respective unit price of $DOT

The phrase is in its nature misleading and is often applied with that exact motive in mind.

NO – YOU SHOOLD NOT BUY INTO A PROJECT BASED ON UNIT PRICE

You need not to be an analyst to understand that. Do whatever choice you want but at the very least try to avoid being misled with such obvious fallacy’s

That and... keep an eye on $MTL for the next few days 😉

As always… not a financial advise. DYOR and have fun in crypto wonderland!

#randomfact
#CryptoTradingTips

Always wondered if I will ever take the step to write something in Square, what would that be! Being a conservative crypto-enthusiast that has survived 3 bear markets with profit, I would not fit with the average member of the community anyway so why not... let's talk about the $XRP controversial child of Ripple!

Back in 2021 the conversation on Ripple's coin was much the same as it is today. The SEC case and it's consequences, the vibrant ecosystem, the great tools of xRapid & xCurrent and above all...this elusive unrealized potential in the coin's price.

Fast forward on August 2023 an attempt that raises eyebrows. WesternUnion to check on Ripple's tools! Another failed expectation for XRP to gain momentum!

To get into the subject... what is it about XRP after all. Can we consider it the "Atlantis" of crypto environment?

Well, to me the Ripple case is one of the most substantial in the crypto world. Yes these guys do have some great tools and yes they are the real deal when it comes to application potential. So what is it that keeps XRP away from realizing explosive growth? To me the answer is simple and beyond any real figures analysis. Ripple has failed in becoming part of the crypto community to say the least. To much of corporatism and mainstream business for an audience that loves projects like $SHIB $PEPE . That and the SEC case that acted as a realistic point for haters to make.

Today XRP looks to me as a ticking bomb that can go both ways but even so slightly most probably in the positive part of the spectrum. What I am sure of is that if ever XRP catches a break (more like feel the community's sentiment and do something about it) then it will be a pumb that will shadow all but a few similar explosive growths in the world of crypto. Until then it doesn't hurt to keep a small part of a portfolio in XRP !

As always... not a financial advise. DYOR and have fun in crypto wonderland!

#XRP/USDT🔥🔥