Altcoin Market Cap General View excluding ETH and Stablecoins.
Hi all,
I'm sharing Altcoin Market Cap graph excluding the stable coins and Ethereum. This graph helps me to see my portfolio performance which is under or over performed against the market.
If my portfolio over performed against this graph, I convert some altcoins into BTC, ETH or cash. If the other way, then I convert some BTC or ETH into altcoins.
From the last dip, we have seen 60% increase which is not bad. At that time I made 75% overall (not so bad thanks to AVAX).
Even though I do not expect to test low prices, I'm totally ready if we lose 50%-60% from here. If we drop that much, I will still be a buyer actually a heavy buyer!
If the dip is found and we go higher, I expect to hit nearly 3-5 billions of market cap which is roughly 15-20x from now! Not bad at all!!
Based on these levels, I'll be doing my asset allocation and risk management!
Cheers!
I'm sharing Altcoin Market Cap graph excluding the stable coins and Ethereum. This graph helps me to see my portfolio performance which is under or over performed against the market.
If my portfolio over performed against this graph, I convert some altcoins into BTC, ETH or cash. If the other way, then I convert some BTC or ETH into altcoins.
From the last dip, we have seen 60% increase which is not bad. At that time I made 75% overall (not so bad thanks to AVAX).
Even though I do not expect to test low prices, I'm totally ready if we lose 50%-60% from here. If we drop that much, I will still be a buyer actually a heavy buyer!
If the dip is found and we go higher, I expect to hit nearly 3-5 billions of market cap which is roughly 15-20x from now! Not bad at all!!
Based on these levels, I'll be doing my asset allocation and risk management!
Cheers!