This week was the second to last crypto buy in I'll be performing as I'm still waiting on Coinbase to release funds.
I still hold PAY, SALT, VRT, MTH, ETN, RDD, SEND but I made a small buy in to UFR and before I could transfer money, INXT saw a double in market capital so I refrained from a FOMO buy and kept my money in BTC.
Later on in the week as the Altcoin market saw a sea of green with minimal BTC Dominance, I read a story about Peter Thiel going all in on BTC. When Peter Thiel makes a move like that, it's time to emulate!
I sold some positions in RDD, MTH and am waiting on ETN and SEND. I then sold all my ADA, which I'll likely regret but I have other dreams of owning my own business, so necessity sometimes outweighs investments.
ETN saw some good news in the last couple of days, which has put them at a double in market cap in less than a couple of days. I'm selling some positions to convert into BTC to cover my original investment of everything I've invested into BTC so that the only positions I hold are with market money.
There's a bear market coming soon! The bull is tired! Cover your losses and take some profit. BTC is likely to double in the near future or at least make all time highs. Like I said, when Peter Thiel bets all in on anything, get ready! I doubt the bear market will last long in the Altcoins but we're overdue for a correction considering no one really has a working product....
Ahem, that is of course, except for STEEM!
Lastly, there was SEND. I put out an order but the dip hasn't recovered to the $0.40s and I realized that SEND is my moonshot wish card. Immediately after I canceled the order, the price jumped. I realized, I believe in SEND. Maybe it's because I bought so much at such a low market capital, but it's also because of the idea. The only natural outcome of any adoption of use in cryptocurrency will at least in some part be through social media.
"We are what we repeatedly do. Excellence, then, is not an act, but a habit."
-Aristotle