Hotsauce's Crypto Picks Mar 18-24th
Let's take a quick look at the top 100 cryptos on Coinmarketcap so we can pick a few solid projects for future consideration. With thousands of tokens listed it takes a bit of effort to make it into the top 100 so for now that is where we will limit our scope.
Market Stats- Cryptocurrencies: 2108 • Markets: 16296 • Market Cap: $139,578,401,200 • 24h Vol: $30,288,748,006 • BTC Dominance: 50.8%
Firstly for alt-coins I like to look for projects that haven't been pumping too much recently and that haven't already been overhyped. Not to say there isn't room for making more profit after a coin starts seeing gains but I would rather get my money in BEFORE the pump. For this reason I'm going to eliminate the top 10 gainers today:
Any coin already in the top 10 is going to eliminated from consideration as well as any remaining stable coins so this will leave 76 coins to pick from. Since today is mostly a red day I am going to take a closer look at 30 coins with the biggest losses for the day and select 10:
Final Picks:
- DGB
- LSK
- XVG
- ARK
- LTC
- NEO
- ICX
- STEEM
- ADA
- BNB
*Never invest more than you are willing to lose and always do your own research before making any investment decisions. I am NOT a financial advisor and this is NOT financial advice- this material is intended for entertainment and informational purposes only. Hit "CTRL + or CTRL -" to change size of chart.
(All pictures are free domain images created by myself with the help of Coinigy.com.)
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I have most of the coins you pick, so i hope you are right, or maybe i have too many varieties. lol. I have new strategy though that is opposite of yours, i now sell the coins i no longer believe in, and keep holding the ones i like, i am now a bull rider.
I sold a lot of the coins I was holding around a year ago and kept selling until the market seemed to bottom at $6K over the summer. From that point on I started accumulating again and when we saw the final capitulation to $3,100 that is when I went all in.
Today I ended up buying a small amount of each of these coins: DGB, XVG, ARK, LSK, ADA, LOOM, OMG, and QTUM.
The last three I picked up on a whim even thought they didn't make the top 10 picks. All in all I like diversifying into multiple projects that I have interest in because otherwise I tend to get some FOMO when I see them make gains later.
@hotsauceislethal, It's reflecting as you take deep Analytical approach to see the effective performance of particular Coin, Token and Project. Good wishes from my side.
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No raven coin on this list? Ca caa 😥
As you can see it was number 4 on top gainers and was eliminated! Gotta read the whole post my friend.
Busted lol
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