Charts, FOMO and recaps

10 months ago

My monthly recap is a little behind schedule, but better late than never! Self accountability helps keeping things on track, and this month wouldn't be different.

I find myself staring at charts more and more often, blame it on the crazy momentum we seem to have going! Feelings of FOMO are kind of kicking in, but more on that later; first things first.

Numbers, let's check those numbers!

	Jan 2024	Last Month	Mar 2024
HP	10930	11125	11317
LEO	1846	1919	1992
HBD	1416	1475	1533

Not a bad month in the blockchain: managed to add over 200 HP and finally crossed the 1500 HBD savings barrier; and alllllmost at 2k Leo!

One of the things that helped raising my Leo stake was changing the way delegation payouts are made: in the dashboard separator, you have the option of receiving the payout as staked Leo, increasing the APR (I wanted to post a screenshot, but as of now clicking the dashboard doesn't do anything - buggy?)

How about those charts?

I dabbed a little bit in technical analysis when I started gaining some interest in cryptocurrencies, but although I have some basic knowledge, my TA skills are neolithic, to say the least. Yet, no big knowledge is neede to see how crazy crypto markets are these days: for instance, we're likely more than one month away from the long awaited BTC halving and, as I checked the charts today...

We're a mere 3k distance to the ATH!!!

How crazy is this??

This is the time where I start to think about wtf have I been doing during the bear market, where I feel I should have accumulated far far more than what I did. And the same happens when I look at alt charts: some of them have soared 500%!! Here's a project I was keeping an eye on: AGIX, an AI coin:

I identified that resistance with the line, and as soon as it broke, I though: I should probably buy some.

Guess what? I didn't; and there she is now... 500% up later!

I've market the levels of possible retracement, and will place some alarms to try and get back in the train. This is the time managing FOMO is important, since as we seem markets go up like crazy, our impulse is to jump right in. But nothing rises for ever, especially parabolic moves, and mindless buying trying to make up for the lost timing is a sure way of screwing your profits. Now is the time to breathe in, relax, and pay more attencion to the f##$$ markets!! (note to self).

Part of my things that I've lost the right timing. It's crazy how some coins have gone up the these last weeks/ months. But checking the big picture... how likely it is that we are already experiencing the absolute tops? Before the halving? Not that realistic, is it?

Looking at bigger time frames, there are some good and time-tested projects that are still miles away from the ATH; check vechain, for instance:

Zooming out and ignoring the massive growh in the last days... we're still 400% away from the ATH? Will it be reached again? No idea, maybe not; but as this one, there are a lot of decent projects out there with very good potential, and that still have a huge growth margin. So... let's hope the best is yet to come!

How have you been faring in these crazy weeks? Feeling the only way is up for now, or fearing a decent pullback?

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