Did you buy the RIGHT coins this week?

By Bfab | Good vibes | 4 Feb 2022

If you only look at the 1 day performance of your coins, you will miss the big picture. Yesterday it was bearish, today it's bullish (Amazon's stock effect)... And tomorrow?

Looking at the 7 day performance makes more sense in cryptos, and that's a minimum.

So let's have a look at the coins which had the best 7 day performance as of Feb. 4:

JUNO, QNT and LEO have all increased by around 50%. Although that's a good performance, I would not comment, since I do not know well these projects. Furthermore, it is usually risky to buy coins after a 50% increase over 7 days. A lot of hodlers will sell them to make profits.
XTZ has increased by 35%. I hope you did not miss that one. Otherwise, it's also a bit risky to buy it now. It might be worth waiting for a slight correction. I think XTZ is bullish in the long term. So many use cases, and their DeFi protocols have been working for a while now (unlike Cardano...) as well as their NFT platforms. Furthermore, they've just signed a multi-year sponsorship deal with Manchester United. That's exactly what needs to be done to encourage crypto adoption. Bullish... Please DYOR.
SOL increased by 22%. Finally... Good news after the recent dump partly caused by the market crash but also mainly due to their network outage. They also benefit from the recent listing of 2 SPL tokens on Coinbase and from the approval of a Solana-based ETP at Frankfurt stock exchange. However, they might still suffer a bit from their unstability. Good to have them in your portfolio, but not at 100%. DYOR...
ETH increased by 22% too... Do not forget that one, might flip BTC one day and become the absolute king. Layer-2 chains are working pretty well. That's a very bullish case.
AVAX increased by 17%, SAND by 14%, AAVE by 12%... Who said the market was bearish? Please DYOR again, it might dump again shortly.
MATIC, EGLD and CRO only increased by 4% to 6% in the last 7 days. That's why they can be a good bet for next week... If it turns bullish...

As usual, please DYOR and remember that crypto market is highly speculative and that a coin value is mostly based on the trust that people put in it.

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