1st March
Hyperinflation is coming
Whether it is coming, or not, there is nothing to be lost by pretending that it is. And there is so much to be potentially gained by pretending that it is. So it makes sense to proceed as if it is already a reality, only that you have a week or two to buy at lower prices, before the eventual rush.
How to swing it?
Buy gold and bitcoin. That’s it really.
Do we get further lows in march? Possibly. Possibly not. It’s difficult to say. March is historically bad month for crypto, so many people will be expecting to have a shitty month. But that would then make me bullish, since everybody is expecting a downward movement.
The bottom line?
Whether buying at 50k, or buying at 40 or 30, it doesn’t matter which to choose. The important thing is to insulate your wealth from inflation. There will be plenty to go around. It’s not a case of timing the market. Timing the market is only for maximising gains. This is a case of protecting what you already have.
Could there be a dump in march?
Yes, possibly. But Zoom out. Does it really matter?
It might lend itself toward DCA’ing in.
That seems reasonable.
But buying is not a mistake. It’s a necessary step.
I increased my position in Energy Web
It had showed signs of breaking out of its trend line, and seems like a cup and handle is forming. If it pumps, it will go hard, since the pump will draw attention to the underlying asset — which is phenomenal, and unlike nearly anything seen in crypto. It’s one of the biggest sleeping giants there is.
I need to work out how to convert EWT to EWTB.
Looking for an Entry
wCRES looks good.
Aave partnership. Top influencers. Solid use cases and something to make it unique. It’s legally compliant in Switzerland, and registered. Shows some good pedigree perhaps.
At the very least it has a good probability of pumping. Whether or not its fundamentals would warrant such a pump remains to be seen perhaps. But it’s worth putting in some.
It also might be worth allocating some into Kusama for the short term. Lock-ups will make KSM extremely scarce, leading to a price spike. The parachain auctions will also increase hype around polkadot in general, likely to the levels (or further), or what Binance Smart Chain and Cardano are receiving now.
