Saturday, August 7, 2021

22 e-coin recommendations for 2021-08-07

22 e-coin recommendations for 2021-08-07. Mostly sell-recommendations but LOOK AT THOSE GAINS! Also: IS $RVN HAVING A RENAISSANCE OR WHAT?!?! #cryptocurrency We'll be looking at some of these recommendations ... but after breakies, thank you very much. 



From the above recommendations, we'll be looking at 
  • 3 buy-recommendations: $ADA, $ALGO, and $MIR;
  • 5 RSI (Relative Strength Index) sell-recommendations: $LINK, $VET, $FIL, $SUSHI, and $RVN; and
  • 1 mixed-recommendation: $ZRX
First up, $ADA buy-recommendation. These charts look yummy: rising price-trends (a little turbulence at the end of the 24-hour period, however) and buy-pressure. BUY. 



Next, $ALGO BUY-recommendation. $ALGO has been and remains a bumpy ride, but the 1-week chart price-trend is rising, and it has buy-pressure. BUY. 



Last BUY-recommendation, $MIR. These charts are from coingecko. The 1-day chart is a little bumpy, but the 1-week trend is a steady price-increase. BUY. 



Onto the SELL-recommendations. First SELL-recommendation is $LINK. Eh. No. I don't see it. There's buy-pressure and a rising price-trend. PASS. 



Next SELL-recommendation $VET. This coin has been skyrocketing, but it now seems to be tailing off, price-wise. I was looking for a buy-opportunity, but PASS.  



Next: $FIL sell-recommendation. Nice steady rising price-trend and buy pressure. This shouldn't be a sell-recommendation, in my opinion. PASS. 


Next: $SUSHI sell-recommendation. It has sell-pressure and a dip at the end of this 24-hour period, despite a steady price-rise this last half-week. Eh. 



The last SELL-recommendation is $RVN, a binance coin (https://accounts.binance.us/en/register?ref=53858750), that has seen a renaissance from the last few months of getting pounded out of the top-100. But, the 1-day price-trend has been muted, so ... PASS. 



Finally, or mixed-(both buy and sell recommendations) recommendation is $ZRX. And the charts show this mixture: a rising price-trend, but sell-pressure. Eh. PASS. 



From these analyses, we have:

  • 3 BUY-recommendations: $ADA, $ALGO, and $MIR, and
  • 1 eh-SELL-recommendation: $SUSHI.

Is there anything else in the portfolio that I might consider converting to the buy-recommendations? 

In my portfolio:

$ETH, $UNI, $LTC, $AAVE, $MKR, $ATOM, $ENJ, and $BAT

are candidates, and a rush-view through them show I can convert some of

$UNI, $AAVE, $MKR, and $ENJ

due to their tailing gains. ('tailing gains.' I should copyright that term.) 

So, transactions for today. We are converting:
  • 3.64424182 $UNI -> 68.15614 $ADA
  • 12.03316071 $SUSHI -> 136.395476 $ALGO
  • 0.04700914 $MKR -> 44.94193309 $MIR

"It's a bold strategy, Cotton. Let's see if it pays off for them!" 


Day-after results from the coin conversions. Mostly a down market, except, paradoxically, for the coins I traded away. Net loss of coin conversion: $15.13. Le sigh. 


Day-after results from a mostly down market, except for $ZRX which went up very nicely for me. 



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