This is a short note to self, derived from an early comment I made today on my Big Upside List posted in Dec 2022 as my beginning of 2023 prediction post
To let myself and you readers know how I did..,
please reference the above post as a baseline..,
Overall some of the watch list cryptos have hit rock bottom again in Q3 2023, and a few rebounded through the year where two have held or exceeded my expectations despite an overall flat market, and one has collapsed to fall below rock bottom again...
Well 2023 has 3 months left…
and the big shopping season is heading our way which always shifts a lot of crypto back into US dollars.
Here is my report to self then, feel free to chirp in the comment section below, I have thick skin just keep the comments clean..
3Q ThunderBoltKid 2023 Crypto Watch List Progress Report & Next Moves
#IOTA bounced back in 1Q, then slipped, poor team performance and the shift to Shimmer focus is the likely reason… disappointing, for IoT too… sell and forget?
TON Had good growth 1Q and 2Q, sagged badly in the summer and has bounced back recently to recover most all of the 2023 losses , strong buy imo , team is executing on its road map… big user base in Telegram can now work with TON.
Storage players on my watch list Internet Computer(India) and tiny Maidsafe(Scotland) had the former ICP over perform in 1Q and Q2 then sag badly in 3Q to be my hold play, while the later eMAID has performed really well as they get close to releasing their SAFE Network Internet 2.0 to be a buy in my books.
BAT in the Browser Permission Advert space has been a mixed bag all year not performing well at all, maybe the shopping season in 4Q 2023 will see the price rebound? hold or accumulate small amounts? yup.
In the Smart Contract space Stellar saw their XLM perform well in 3Q and was sideways for the 1/2 half of 2023, hold and accumulate small amounts regularly? yes, although I don’t like the core team's WEF globalist politics but, I do like the underlying tech supporting physical asset backed tokens and those parts of their community working on such value creation.
Polkadot on the other hand performed well in Q1 in 2023 then lost all gains to be back to where they started at the beginning of the year, imo other competitive ERC20 ETH competitors have been stronger as has alternative EVM SC players and so has Cardano. Has DOT lost early traction and community effort to these players? likely. Sell and jump to SOL? imo yes.
Inter-blockchain player Chainlink saw LINK go up in Q1 and Q2, drop and then rebound in late Q3, hold and small accumulate? yes imo.
Cosmos' ride of ATOM has been rougher than Chainlink and more downward tilted through the course of the year as ATOM fell down the table largely due to lack of execution on their road map imo, but also because their intra-chain community focus and liquidity have shifted somewhat to other L2 players hanging off the Cosmos L1 Interchain Hub Network world, where we have seen Omosis and a few others grow their market cap. ATOM Hold and small accumulate? yes imo. Both Interchain players are very much the future of the crypto Interchain world emerging in both camps which need to be fused together with common protocols like IBC… I encourage more Interchain collaborative integration work between both. Do you think the same? Let me know in the comments below.
Privacy Coin Monero has climbed the Market Cap table steadily throughout 2023 with XMR holding steady on average its price through the year while other tokens and coins slipped lower in the table, hold and use XMR as needed to keep govts out of your business? yes.
Upstart very strong crypto protection privacy coin DERO has seen the token of their same name rally strongly in Q2 of 2023, then crater below beginning of year value by end of Q3 2023. Sell and forget? imo not quite yet, we should give that small anonymous team one more 'kick at the can' as their security is strong, but DEROs current ability to actually use the coin on different markets is still up in the air, if the DERO team can fix that part and make DERO easier to use with more liquidity pairs, then DERO could rebound past their Q2 valuation in 2024, we need to see real progress DERO! Setting up your nodes is not easy, nice Story DERO now execute! https://www.cryptunit.com/algo/astrobwt
Hold no accumulate, wait and see if the team can actually execute to gain more other pair liquidity and CEX & DEX market presence, otherwise dump at end of 2024? imo yes.
Out of all of the above,
I will dribble spend over time $ to accumulate more SOL and a bit more eMAID til the end of the year, and buy my first TONs as their crypto protection story and huge Telegram user base which can now use TON will start to impact Main St, spending habits on small value items in the retail space. Plus Telegram has a huge war chest and very smart development team.
Despite my mixed bag of imaginary portfolio results, I am still a bit up overall,
so that's my watch list story and I am stickin' to it and,
I will actually start to take action on my own opinionated advice above, now. ;)
Please do your own homework and invest wisely. :)
TK over and out…