There Are So Many Cryptocurrencies In My Portfolio That Are Pumping Right Now

in ulog •  4 years ago 

I do believe that we are now revisiting 2017 again but unlike now I am not actively trading because I already had bought and is just waiting for my trades to execute.

I am like any other trader had bought a few months back trying to catch the "Bottomed-out" crypto prices only to get disheartened a bit as prices went lower than I expected.

But #bitcoin had turned northward and it halted the dropping of prices in Satoshis for #Altcoins and are now pumping themselves up. This is a good development because As people profit from the appreciation of BTC they are now turning to other Altcoins.

The #PayPal factor had helped too for other people to get introduced in cryptos as buying and selling is activated to US PayPal customers. The question no is what if PayPal soon and it is for certain, to finally activate cryptocurrency buy and sell to the other PayPal users/customers in other the parts of the world?

It will now invigorate more BTC scarcity and will definitely contribute into the effort of skyrocketing BTC and Altcoin prices. So in the short and long-term vison we can safely assume that holders or cryptos will be happier as they for sure are benefitting already about what we call now as the crypto bull-run.

bat nov 24.PNG

Src - Bittrex - BAT Market

Basic Attention Token (BAT) is one of the crypto assets that i had invested into. I am confident that this cryptocurrency will perform better and it is doing it right now actually. It is one of the cryptos out there that is a native token of the #brave browser which is its use case which is why buying this digital asset is really in my opinion a smart move.

That is why even though I saw its price plummet I know that it will just for a while until it goes to appreciate in value when finally BTC goes up to reach it previous all time high.

xrp nov 24.PNG

Src - Bittrex -XRP Markets

XRP is one of the cryptos I was holding way back in January as I had sold my STEEM for it and just recently I had sold my liquid Hive just to buy XRP at around 27 cents. Now the price had appreciated to 62 cents!

I am also confident that XRP will reach its former all time high price of $3.5 and will possibly exceed its price because of the factor that banks will be using XRP for cross-border payments and that the fact that Bank of America will be partnering with XRP in the near future as news tells us.

I am happy with all these cryptocurrencies getting up and up with their dollar and BTC values and I couldn't be more proud of myself ever to decide to invest in some of them and even though I am down with some I will not sell until I see that I will profit, I just have to uphold a good trader's philosophy to buy low and sell high.


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