Is $OXT a good buy?
... meh
I think I'll start a series of articles called: "Why I'm stupid (so you don't have to be)."
Let's look at $OXT. It's $0.01 below my portfolio average, so less than 3% of a bargain. That's noise, not urgent buy-pressure.
Now, let's look at the 1-week chart from gemini. After spending 'forever' in the doldrums, $OXT perked up, but it looks like a settle-pattern, not a surge-pattern.
...so, I did buy $OXT (pre-this analysis, not post-), but the third mistake I made was to stake it at 2.47%. If $OXT is going to make money, why not make that money on the surge, then translate that coin to $MIR which has a liquidity pool at ~80% return?So. What will I do differently, going forward?
- look for significant price difference, vis-à-vis my portfolio.
- look for significant upward price trend in the chart.
- consider keeping the asset tradable (not staked) for a switch to a more advantageous stake.
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