Hi once more,
Bitcoin has managed to stay poking at its all-time high for a week now. Ever since it got close the alt/shit-coins have been performing really well. I'm suprised that all these guys managed to survive fairly well during the bear, and when shitcoins recover, oh boy do they recover. Lower marketcap coins can go really well, or really, really poorly.
Don't do this at home, or do, I'm not your dad.
Table of current value:
Let's look at how the table looks.
Kuma has seen some more climb which is really nice to see, it is almost half the portfolio haha. Dogelon and memepad have continued their climb. As much as I dislike Elon's control over the crypto market, it seems that his name still holds power as the coins related to him perform well. Safemoon have started to come back strong as well. Ginux & Doge have also managed to hold steady, would like to see the coins scrapping the bottom also pick up speed.
KUMA lost the hold off 50% of the allocation, ELON & MEPAD has managed to climb up with their prices spiking this last week. Cumrocket is holding a small part of the allocation as the green blob at the bottom.
Kuma is still the best Shitcoin with Cashcow being the worst. If I were to analyze what this could mean, I would assume dogs > cows.
KUMA is still going strong, but that could go either way. The spike and climb for this week is due to Memepad & Dogelon Mars (I hate that name). The first few weeks of this experiment looks tiny in comparison to how the chart looks currently.
Diversification is important, it can help mitigate risk and help you catch coins that spike in value. But it also requires great amount of luck. So far, only the meme or Elon/dog themed cryptos have seen large spikes. Sonar that has a good built project with a distinct use case is still struggling to keep up with the other cryptos.
Thank you for reading and remember, don't buy shitcoins, or do. They seem to be better than gambling.