Is It Too Early To Call November Moonvember?

So October really started off really nice, we experienced a good up movement that made us name the month uptober. Before October my portfolio was just stagnant, they were no actual great movements. But in October we saw a great move from our dear Hive. That was the first time Hive got to $1.4 reaching a solid great all time high.

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But you see November, am going to be fully optimistic about this month towards my portfolio. First of all, all my meterverse coins went to the moon. I’m talking about SandBox, Decentraland and the Audius coin. This was just shortly after Facebook announced its change of brand name to Meta. The news was something we won’t really consider a fair good news, but it made my coins bullish. Uptober we saw bitcoin approach an All Time High of $67k and that was great. We saw Ethereum sustain a price above $4k but close to the end of October, the price of bitcoin went down to $58k. $58k was a price we celebrated few weeks ago because we considered it to be a great bitcoin price, but it’s ironic how the price was now considered a support price that people didn’t pay attention to.

This is the reason I came up with this funny phrase, today’s resistant price is another day’s support price.

Shiba Inu has been on beast mode this month taking over market capitalization one after the other. This is a meme coin I feel indifferent to . I think the reason is because the first time I wanted to buy the coin before Binance listed it, I found out it was on the Ethereum blockchain and the gas fee was really high. Another coin that slowly and quietly went really high without much buzz is the Binance BNB coin. That coin was at $289 few weeks ago and right now it’s on $551. It has not gotten to it’s all time high yet, but we are getting there.

I wouldn’t lie to you, I regret not buying Solana when I had the chance. This was because people emphasized on it being the next Ethereum so much I lost interest. I personally don’t like when a project is referred to as the next previous project. When a coin has a unique use case and utility, they shouldn’t be any reason to compare it to another coins calling it the Ethereum, bitcoin or dogekiller. That is something I see as a red flag when buying coins.

I’m glad I bought more FTT tokens, that coin is going to make a lot of people rich, I see that coin doing great things because it’s progress is tied to the FTX company and exchange progress. Buying more bag. Travala (AVA) has not really done any mooning this month, but it’s okay, just giving me better opportunity to stack as much bags as I can before it moons.

Few days ago I went to my trustwallet and all my shitcoins were dead. Most of them don’t have value anymore. These were coins that promised to make us rich. I didn’t feel disappointed at all because it was expected. The only shitcoins that have value are Safemoon and Feg. The rest are useless, I can’t sell them, giving me fake values and telling me their contracts are inactive.

Fingers crossed this month hoping for the best.

Posted Using LeoFinance Beta



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