Well it would be stupid not to take a look at the portfolio today!
It has been a long time ago since I did see so many green on the market!
So, let's take a look:
Can we conclude that the coins which are red today could be written off!
If so that would be the case then for Reddcoin and Oyster Pearl. Well I am not surprised about Reddcoin but am surprised about Oyster. For sure with the airdrop of the Oyster Shell around the corner!
The winner are for sure Steem and Zeepin. To bad for me they doesn't have a big share in my portfolio.
What are the reason for the pump today?
- Some are saying that it has to do with the tax dates in the United States. This could be true but since the beginning of the year we have seen lots of dates coming by on which the cryptos would rise from the ashes. Among other these were "The wall street bonusses" and "Chinese New Year"! So, I did become a little sceptic about such dates!
- Could it be the "bear trap"?
- Does it have to do with the potential war in Syria?
- Is the trade war between America and China having an influence?
- Has the FUD machine just ran out?
- Is it because Pantera did hand out a "buy" signal?
To be honest I have no clue. The only thing that I know, is that I hope that is isn't just another dead cats bounce!
Keep the faith,
Peter