Income Accumulation

Ö | Weekly Snapshot Sept 7 - 13

By Bayarizard | C.A.S.H. | 8 Sep 2020


*ahem*

 

For those who don't know: I am dangerously leveraged; details in my first C.A.S.H. article; For HodLers who wants to know how far away from the Moon & Millionairehood you are, I wrote: Crypto Whales & charting wealth. The following are Crypto that I already have, or are dollar cost averaging into; these are the projects I personally believe could push a global economy to mind-boggling market capitalizations currently unthinkable. I started this series a few weeks ago -- the first of which is (linked here).

By showing my opinions: I hope to give a different perspective, and aid in your own research, while hopefully providing some entertainment; but it is always recommended to seek professional financial advise, and not to try what I do :) 

For first timers -- "Sats" or Satoshis are 0.00000001 of one Bitcoin. Let's begin shall we? :)

 

The Charts


  • According to Coinbase, BAT is most correlated to the 0x Protocol [at 90%]; The price plummeted to USD$0.254 or 2,471 Sats as of writing; though I haven't sold any BAT, I have slowed adding to the list of monthly Giveaways I do. There's a high chance it can still break below the green dotted line of support, before the next accumulation phase begins.
Bayarizard - September 2020

 

  • Recently, CRO has been 95% correlated with Cardano & 93% with VeChain; The price is currently at USD$0.149 or 1,446 Sats; Just recently got my card, and can't wait to start swiping for those Crypto cashbacks: free $50 anyone?
  • There can still be a ways to fall during the autumn months; I hope you all have your plans at the ready if you DO happen to also own CRO :)
Bayarizard - September 2020

 

  • Still no coorelation stats available on Coinbase; but the price fell like the general Crypto markets is currently at USD$0.417 or 4,055 Sats.
  • THETA has likely started entering its next accumulation phase by the look of things; its upward triangle is still intact -- and after forming support on either of the dotted lines, can position itself for longer term ascension.
Bayarizard - September 2020

 

 

  • Same as THETA on market correlations as of writing is currently at USD$0.0084 or 82 Sats.
  • Though it has increased substantially, TFUEL is still able to break support on the green line -- or follow THETA token's lead, and form long-term support on the green dotted line.
Bayarizard - September 2020

 

 

  • The highest correlations NEXO has are still to Kyber Network at 53% & Cardano at 52%;Whether NEXO breaks support and swings lower or not, I think you all know where I stand on the subject. So, I'll just move on to the price, which is currently exchanging hands for USD$0.130 or 1,246 Sats as of writing.
 
Bayarizard - September 2020

 

  • According to Coinbase, NRG has an inverse correlation to Kyber Network (-63%); As of writing, NRG is currently down again this week, and sits at about USD$1.51 or 13,524 Sats
Bayarizard - September 2020

 

 

  • Algorand & Cosmos are still both highly correlated to LINK at 97%; the price got hammered with everyone else, and as of writing is currently at USD$12.56 or 122,039 Sats
Bayarizard - September 2020

 

 

  • LTC is still coorelated 98% with Bitcoin Core BTC & 97% with Bitcoin Cash BCH. The price is slightly recovered, but still down, currently at USD$48.69 or 472,335 Sats.
  • October still looks to be a pivitol turning point for the asset; free Litecoin payouts for faucets like MoonLite is ticking up slowly, but the chance that LTC can fall down to the 0.786 blue Fibonacci ring level around $47 seems to me at least, like its descent may be temporary, before a viscous rebound.
Bayarizard - September 2020

 

  • BCH currently is 98% correlated to BTC; The price is currently sits at USD$277.45 or 2,327,934 Sats -- No more comments on this one for a while; just stacking Sats.
  • Though I did find another place to earn from Bitcoin Cash than just the MoonBitcoinCash faucet, I'm still open to suggestions on where to earn free Crypto :)
Bayarizard - September 2020

 

  • BNB is 88% correlated to LINK; The price is currently at USD$22.50 or 219,094 Sats; I obviously need to chart more because BNB has run the length of my current Fibonacci circles, but it suffices to say, it's in a confirmed uptrend, making higher, highs above its 50-day moving average.
Bayarizard - September 2020

 

  • ETH's two highest correlations are both 98% with XRP & XMR -- looks like the XRPArmy and community likes DeFi projects so far. As of writing, the price is currently at USD$349.54 or 3,393,016 Sats. Since I'm already waaayy to optomistic about the turnout of ETH 2.0, I'll just say: I'm glad Publish0x lets readers get tipped upto 80% of their donations to authors for free ... because I probably wouldn't have as much ETH as I do now without hearing about it on P0x.
Bayarizard - September 2020

 

  • XTZ's highest coorelation with anything is BAT at 66% according to Coinbase. The price down significantly from last week, and is currently at USD$2.54 or 24,938 Sats. If anyone knows how addicting it is to look at the interest on Coinbase, let me know below how long you've stared at it ticking up :)
  • ... and if you don't already have a Coinbase account, this might be the coin to start off with besides Bitcoin; here's about USD$10 for making an account -- and afterward, there are educational videos that give out even MORE Crypto for free.
Bayarizard - September 2020

 

 

  • DOGE & Vechain have the highest coorelation at 78%; the price is currently at USD$0.00280 or 27 Sats. I'll admit, I get most of my DOGE from Faucets like MoonDoge ... which though it isn't much, getting 1,000DOGE for free sounds a lot better than buying the same amount after Exchange fees for $3 -- just my opinion though.
Bayarizard - September 2020

 

 

  • The price is of Enji is currently at USD$0.151 or 1,458 Sats as of writing; I currently do not have anyway of earning ENJ, so let me know in the comment section below if any of you all do :)
  • I'm definitely excited about the project enough to buy it sooner or later though.
Bayarizard - September 2020

 

 

  • As of this week, ETN was -77% inversely correlated to CRO, though admittedly, merely stagnating would put one at an inverse correlation with CRO's outstanding 2020 performance. The price of ETN is currently at USD$0.0049 or 47 Sats
  • This is one of the few projects that I know that are proliferated throughout the African continent, and hence, makes me want to participate in the project, even if the fundamentals are still in the early stages.
Bayarizard - September 2020

 

 

  • TRON is 89% correlated to NEO (which is faring VERY well post August 2020 crash). As of writing the price of one TRON is currently at USD$0.0322 or 315 Sats
Bayarizard - September 2020

Conclusion

Markets so researched. much money yours. I'm not a financial advisor, and even though I'll try to clear any confusion in the comment section, I'd rather hear about how is your Blockfolio performing doing this week!

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Bayarizard
Bayarizard

A Crypto Activist StakeHodler trying to stabilize and grow the digital asset space one post and investment at a time. Instagram, Twitter & Pinterest: @Bayarizard


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