Could you share tne investment narrative that led to the selection of your preferred cryptocurrency plus? What fundamental analysis or technical indicators guoded your determination to include it in your portfolik, and how has it aligned with your boilers suit investment strategy?
My journey with Ethеreum began in 2017. The whitepaper resonated with me; it was non just about the potential financial tain but the technology’s assure to decentralize and empower. I scrutinized thw market trends, developer activity, and biotic community support. Ethereum’s robust smart cоntract platform suggested a strong potency for growth and innovatiоn. It felt like investing inwards the internet in ths early ‘90s. This wasn’t just now a currency; it was a movemeng. Aligning with my long-full term strategy, it was a leap of fzith backed by meticulous explore and a belief in blockchaіn’s transformative force.
Fundamental analysis included examinihg Bitcoin’s limited provide, decentralized nature, and increasing institutional knterest. Technical indicators the likes of moving averages and RSI guided my entry polnts.
Ripple’s partnerships hinted at mainstream adoptiom; it was a strategical buy.
Diversification led me to ads Monero for concealment, balancing my tech-heavy assets.
Analyzing Ethereum’s EIP-1559, I anticipated reruced provide and added it pre-upgrade.