39 e-coin recommendations for 2021-08-02. I'll break these recommendations into the top 50-ranked coins and the rest. #cryptocurrency The first batch we have a lot of recommendations to review: $ETH, $LINK, $MATIC, $XLM, $AAVE, $MKR, and $XTZ
The next set, recommendations for e-coins ranked 51+, for 2021-08-02 sees $SUSHI, $BAT, $YFI, $GTC, and $ONE (just because of the buzz).
I don't have budgeted fiat currency to buy any of these recommendations we'll be examining, so I'll also see what coins in my portfolio should be used to convert to a recommendation.
First buy-recommendation: $ETH. Good upward price-momentum and buy-pressure.
Next buy-recommendation: $LINK. Same. Good upward price-momentum and buy-pressure ... the thing about a rising market is that a lot of these reports look the same. That's not a bad thing, mind.
$MATIC has a flat price on its 1-day and 1-week charts and no particular buy-pressure. Pass.
Next is Stellar $XLM. It, too, has a flat price on its 1-day and 1-week charts and no particular buy-pressure. Pass.
$AAVE is next. It has upward price-momentum on the 1-day chart and buy pressure.
$MKR has consistently been doing well for me. It has upward price-momentum, however, it has sell-pressure today. Pass.
Tezos' $XTZ is a coin I have staked on coinbase. It has upward price-momentum on its 1-day and 1-week charts and buy-pressure.
$YFI next. Sell pressure and a downward price-momentum. Pass.
$SUSHI! I love (to eat) SUSHI! However, we have a flat price line and no buy/sell-pressure. Passing on the SUSHI today.
$BAT I consider another workhorse coin. It has upward price momentum and (slight) buy-pressure.
$GTC had a nice price-jump during the week, but has since plateau'd. There is neither buy- nor sell-pressure. Pass.
Lastly, from charts from binance (https://accounts.binance.us/en/register?ref=53858750): $ONE had a bit of a rise during the week, but there is some soft price deflation going on now. Pass.
We've reviewed the recommended e-coins. From that review, we've narrowed down to: $ETH, $LINK, $AAVE, $XTZ, and $BAT. Now let's find coins in my portfolio to convert to these recommendations. Under consideration: $UNI, $LTC, $FIL, $MANA, and $ENJ
$UNI? Nupe. $UNI has been and is being too good to me. Thank you. $UNI stays.
$LTC is also doing well. Pass. #cryptocurrency
$FIL? It's been up over this week, but there is sell-pressure on it now.
But $MANA is on a downward price-trend and has sell-pressure.
Lastly, $ENJ. Although it has a downward price trend, it has buy-pressure. Pass.
Okay. Here we go:
$100 $MANA -> $ETH
$100 $MANA -> $LINK
$70 $MANA -> $BAT
That's it for 'today.'
Day-after results of these coin conversions: wins for $ETH and $BAT, loss for $LINK (as compared to $MANA's gain)
How did I do overall?
$MANA would have gained $5.88
Moving the $278 (with coin-conversion costs) to the coins as above yields: $7.82
Day-after results are definitively ick for the top 50 ranked coins.
The day-after results for the 50+ ranked e-coins are hardly better than ick, as well, with some standout exceptions (for buy $MLN and sell $GTC).
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