[ℕ𝕖𝕧𝕖𝕣] 𝕊𝕖𝕝𝕝 𝕐𝕠𝕦𝕣 𝔹𝕚𝕥𝕔𝕠𝕚𝕟 - Did Swapping My BTC Make Sense???

2TSj...cEUn

2 Jan 2025

Guess Who´s Back, Back Again...The Baby is Back
Guess who's back, guess who's back
Guess who's back, guess who's back
Guess who's back, guess who's back
Guess who's back
(Na-na-na, na, na, na, na, na, na)
(Na-na-na, na, na, na, an)

I've created a monster
'Cause nobody wants to read BitcoinBaby no more, they want to hodl, while I am selling my butt off.

Well, if you want Hodl, this is what I'll give ya
A little bit of BTC mixed with some hard SUI
Some PulseHex that'll jump-start your heart quicker
than ETH as it goes REKT on its way to the mortarium.

Okay love me or hate me I am here to remind you that nobody ever died taking profit and lived to tell about it.
If you are new to the BitcoinBaby Sells Shitshow read the previous chapter(s):
[ℕ𝕖𝕧𝕖𝕣] 𝕊𝕖𝕝𝕝 𝕐𝕠𝕦𝕣 𝔹𝕚𝕥𝕔𝕠𝕚𝕟 - I Hate Crypto Christmas

Because I am getting a little tired explaining week after week why I am trying to sell 10K in ALT coins before May The 5th Be Fiat.

Yes, turning most of my crypto holdings into fiat by the 5th of May 2025 is the plan.
I pretty much plan on a 5X by May the 5th as well. That would mean I need to sell 50K. And as selling is hard shit

Hard Shit

Really no joke, I tried to sell last cycle, and I did I sold it all.....and repurchased it all long before the bottom.

Not this time is what I thought after finally understanding Bitcoin Cycles. Why did I not dig deeper during the Bull Market I thought, and the answer was simple.

In a bull market, there comes a time when everyone thinks crypto will moon forever, or at least a little long, so we can rake in a little more profit.
I was a noob, a baby, I bought into that shit and lost most of my profit on the way down.

Never Ever Again

Nick Kamen had this song... I think it was his only ever hit but it made him more than crypto made me so far.

Like Good Old Saint Nick I also promised myself something. Fool me once....shame on me, fool me twice is never gonna happen.

I studied and grinded through the bear market and decided a little of something is better than a lot of nothing.

That is why I am selling on the way up, and I started selling on the day the first crypto president ever won the elections.

I bought the dip

Now, Trump says never to sell your Bitcoin, but he said nothing about swapping.
And yes I still hold a nice bit of a BTC that I will not sell for now. But I sold all the BTC I had in my Bitvavo exchange account.

It started a few weeks ago when I told you I sold $250 BTC and bought SOL, SUI and put $100 aside to buy the dip.

Now we still did not dip as much as I expected but the last few weeks did make me buy some FTM soon-to-be S dip. But my biggest crime was to swap the rest of my BTC.
Did it already make me any profit?
I don't think so yet as we only dipped more but:

Let's see

I sold about $600 BTC and BTC is down 1% this month. I am gonna do this as a monthly follow-up hence I will be using monthly percentages to check if my sale made sense.

I Bought:

ETH $150 down 7%
Beam $125 down 8%
Sui: $175 up 24%
Sol: $100 down 17%
Curve $50 up 40%
On a monthly basis, this swam made me 24 dollars and puts me on 624.5 while otherwise, if I kept my BTC I would be at $594.
Let's see if my plan plays out, if indeed the ALTS will peak much more than BTC over the next 5 months.

How to find a good project

A mother promise made, a good friend asked me how I look for a good project.
Now I am pretty simple, so this is finding good projects Noob style but who knows it might help out.

Unlocks & Circulating Supply
You can see upcoming unlocks on CoinMarket but I prefer sites like Tokenomics.
On DropsTab you can get a nice quick overview of the Top 300 so let's use that for this example:
Ideally, you want a coin like NEAR as its circulating supply is 95% so not too many unlocks ahead.
WLD is still unlocking close to 95%, now that is not really interesting long term.
SUI, I would go to Tokenomics to see some more details.
There it shows that 50% will not be unlocked till 2030 and that we will not see any major unlocks till then.
Hence an interesting buy as 80% is unlocked for the next 5 years, and it´s still a fresh new token.

History

Fresh New Tokens with little history often make better investments than the older tokens.
People like new shiny things and not old dusty stuff like IOST. Of course, older coins with an army of Maxis like XRP, BCH, HEX, and BTC will still make the news because the community keeps pushing.

And because some of them keep them in the news.

News (Upcoming Development)

News and development can make a coin boom, if people talk about the coin others listen, and if there is enough talk there will be movement.

That is why I love FTM.
No more unlocks and 88% in circulation:
Plus they have that Sonic Boom coming:
On top of that they will be rebranding to S. Now Rebranding is a risk but in this case, I think it might work out great. Well, it already did as I bought most of my FTM for around 30 cents knowing Sonic was coming.

Projects need development that makes the news, or anything else that makes the news. So rebranding and an upgrade ahead make projects interesting.

Narratives

Narratives are one of my key decision-makers when it comes to a good project.
Like L2s are dead, AI Agents are hot.

Real World Assets make sense. Gaming is hardly breathing but might come alive again....might. DePIN might soon moon and MEME coins probably will never come back next cycle like NFTs this cycle.

Previous ATH and discovery mode

When I found a project I check the ATH.
In the Bear Market, you want to be far away from the ATH so you know there is upward potential.

In a Bull Market, you want to be close to the ATH or above. Above means in discovery mode and no old bags wanting to sell to make their money back as they have been holding those expensive bags for the last 4 years.

Be careful, an ATH should not be the starting point of a coin like with ALCX. If it starts like that and then goes flat I donñt buy it.

Show Me The Fiat

Okay last but not least, my latest update!
After nearly 2 months of selling I sold 18% even though I sold a lot I don't think it made a big impact this month.

But as I keep saying the peak is still ahead, I am still aiming at March but I will keep you posted. For now, I am holding 25% of my total crypto investment in stables.