15 e-coin recommendations for 2021-07-31

15 e-coin recommendations for 2021-07-31. After a slump through the month, the #cryptocurrency market seems to be poppin' now! $XLM is on sale, vis-à-vis my portfolio, and my wife is eyeing $XRP. I will investigate both. 

What's going on with Stellar Lumens $XLM? Prices are up, down, and sideways, and there is sell-pressure. I'm going to pass on this buy-recommendation. 

$XRP has upward price-momentum over the past week, but today's results (after an early spike) are flat. I'll pass here, too. 

The day-after results are mixed for yesterday's recommendations, with no stand-outs, either way. 

14 e-coin recommendations for 2021-07-30

14 e-coin recommendations for 2021-07-30. $ADA is on sale, vis-à-vis my portfolio, and $LTC is recommended buy. I'll evaluate to see what coin to convert to this from my portfolio to $ADA, $LTC, or both. 

Both $ADA and $LTC 1-week charts are all over the map, but both have buy-pressure. 

But what coin from my portfolio to convert to $ADA and $LTC? I settled on $MANA. It's price is above average cost, and there is sell-pressure. 

HOLY SCHNITZELS! 14/14 buy- and sell-recommendations: 100% CORRECT! 💯

If I had followed my own advice, I'd be a #ZILLIONAIRE! #cryptocurrency 🚀🌖 

23 e-coin recommendations for 2021-07-29

23 e-coin recommendations for 2021-07-29. 

$ETH, $BNB, $DOGE, $LINK, and $MIR are on sale, vis-à-vis my portfolio holdings, but I am not making any coin-purchases today, as I am at-budget for this month. I may look at coin conversions tomorrow, but not today. 

Day-after results show both $AMP and $CLV corrected (up yesterday, down today) 

How I trade e-coins

So, we have two buy-recommendations ($ETH and $LINK) for today and 1 sell-recommendation ($AMP) that I deem viable, vis-à-vis my portfolio holdings. Let's take a look at the charts. Both $ETH and $LINK have similar 1-day and 1-week charts. Some upward price momentum and buy pressure. 

On the sell-recommendation, $AMP is holding the price (albeit unsteadily), but it does have sell-pressure. 

So, pretending the markets are logical, it makes sense that $ETH and $LINK will rise whereas $AMP may fall or hold steady. I'm converting my $AMP to $ETH and $LINK. 

23 e-coin recommendations for 2021-07-28

23 e-coin recommendations for 2021-07-28 

Okay, seriously? The sell-recommendation $AMP went WAY UP! The buy-recommendations $ETH and $LINK went nowhere or down? GET IT TOGETHER, TECHNICAL INDICATORS! 😤 

How I trade coins

Okay, you've received a set of buy- and sell- recommendations from your e-coin report, say for 2021-07-26. When you have the budget, you simply buy the good-looking recommendations (and sell the sell-looking ones? Maybe, ... maybe not. I'm for not realizing fiat gains, and translating sell-coins to buy-coins. See below).

But what if you don't have any more fiat currency budgeted, or what if you have some coin to sell. What to buy?

Well, if there's nothing to buy, then buy stable coin to lock in the sell-coin's results.

If there are coins to buy, see which one, or which ones we want to buy, first. Let's do that. For the 2021-07-26 recommendations, I've highlighted $ETH, $BNB, $DOGE, $LTC, $LINK, $XTZ, and $MIR as possible buy-candidates, and $AMP is a sell-candidate (although there may be others, and we'll get to those when we analyze our portfolio holdings).

Okay: $BNB and $DOGE are special. They are the only holdings in binance and gemini, respectively, so I'm not going to trade coins in another portfolio to transfer then trade them on their home-portfolios. Not today, anyway.

$MIR, too, is special for the reason that it is staked on the terra network. However, since I buy all my $MIR on coinbase, it's now fair-game. I buy it on coinbase, then bridge it over to terra. $MIR is not so special, after all.

So, for potential buys, we have $ETH, $LTC, $LINK, $XTZ, and $MIR. For a potential sell (so far) we have $AMP. Let's look at these charts.

$ETH

$ETH has good 1-week upward momentum and current buy pressure.

$LTC

$LTC, same 

... however, it seems to have settled for today after a morning surge. ETH is doing better so far.

$LINK

$LINK has 1-week upward momentum and buy pressure, and continues to rise throughout the day.

$XTZ 

$XTZ has good upward momentum this past week, ... 

... but its current activity is a little rocky, with no clear trend.

$MIR 

$MIR has an upward trend over the week, yes, but, like $LTC, the day's trend is flat. Also, it has stronger sell-than-buy pressure. 

$AMP (for selling) 

What in the world is this chart? 

Okay, those were the coins that were explicitly called out from the recommendation-engine. Now, let's look at our portfolio. 

I've highlighted coins that 

1. don't have a buy-recommendation (on the supposition that the price will rise)
2. do have a sell-recommendation: $AMP
3. have a net-gain investment over current value.

What does that give us? $AMP, which we have the charts for, and: $UNI, $MATIC, $MKR, and $SUSHI. Let's look at these.

$UNI 

$UNI has a good rise over the week, but now has sell-pressure. The daily picture doesn't have an upward price trend, but, in fact, is showing a sell-off:

$MATIC 

$MATIC is riding the one-week wave-gain, but also has sell-pressure. The daily chart is showing a sell-off: 

So, is selling $MATIC a good idea? Sure. But to translate it into which coin?

$SUSHI 

$SUSHI's one week price-trend is meandering downward. Good sell opportunity.

... and, finally, $MKR: 

$MKR has been doing well, but it's 1-day chart is showing a sell-off, with the early-day gains being eaten away (ouch): 

So, all four are good candidates to convert to ... $ETH? Should we convert to $ETH?

Well, from the above $ETH-chart, $ETH is the clear leader, so: CONVERT TO $ETH!

That would've been my conclusion.

But now today is tomorrow. How is $ETH doing today?

$ETH 2021-07-27

Hm, there is buy-pressure for $ETH, but only later in the day. If I had converted yesterday, I would have slid down the price-drop and not have recovered. The question is: did the other coins do exactly this? If they did, then a conversion wouldn't actually be a lost (because they would've lost the same, too), but the conversion would also be redundant. Let's see.

$AMP 2021-07-27 

$AMP also dropped, but dropped 11% verses $ETH's 5% drop, and $AMP has sell-pressure today, verses $ETH's buy pressure. So, if I followed yesterday's recommendation and converted $AMP to $ETH I would have lost 5% less. Not the most encouraging news, but that's what the chart for $ETH indicated. What would have been even better (in hindsight) is for me to have converted $AMP to stable coin, locking in the gains it had made. I did nothing, however, and lost like everybody else who HODL'd through this market drop.

CONCLUSION

eh.

But maybe there will be other opportunities.

32 e-coin recommendations for 2021-07-27

32 e-coin recommendations for 2021-07-27. I have to divide this report into top50 and 50+ due to the number of recommendations. Even though there were many recommendations, today was a quieter day than yesterday's excitement. #cryptocurrency

top 50 ranked e-coins: 

e-coin recommendations, ranked 50+ on CoinMarketCap: 

Top 50 Day-after results show the markets remain 'eh.' 

Yeah: eh followed by more eh in the day-after results e-coins recommended, ranked 51+ 

48 e-coin Recommendations for 2021-07-26

48 e-coin recommendations for 2021-07-26. Again, so many, so we'll break this report into 3 parts: top 50, 51-100, and 101+ as ranked by CoinMarketCap  

top 50 

The 51-100 ranked e-coin recommendations for 2021-07-26. Note that "!!!" means more than a 10% changes in price in one day. 

Recommendations for e-coins ranked 101+ for 2021-07-26. Hello, $MIR! Now I have to analyze which coins to trade away for which recommended coins. 

The day-after results can be characterized as "paint the town red" but not in a good way, but in an 'eh' way. 

The eh-results continue, right down the line. 

eh-results lead to more eh-results. I could see this coming later in the day because the buy-pressure on these coins transitioned to sell-pressure as traders cashed in on their gains. It's harder to see, however, if you're not right there watching the markets.