Marc De Mesel: 'Serious Undervaluation' is Back & First Buy Target Executed

  • Friday, 04 October 2019 10:09
Touched $7900 BTC / $210B total market cap twice past week, close enough to the first buy target at the "Golden Retrace" that was set at $7500 BTC / $200B. Raised crypto exposure from 29% to 34%, adding 5% by buying $ETH, correcting a mistake of the past to only hold $BCH from the big coins. In digital networked markets often the winner takes all, so could certainly apply to crypto as well. Ethereum being the prime contender to become biggest but also dominate market by more than 50% for decades. Not being invested in it may be very costly in missed opportunity. On the other hand I am no fan of managing many coins and plan to invest them all into the diversified crypto fund of cyber.capital once Ethereum has pumped hard, so that I can focus on building the Bitcoin Cash economy. Since we reached again 35%+ undervaluation to regression trendline and are therefore again in "Serious Undervaluation" I believe it is important to correct now the big mistakes one made, such as if you have invested too little into crypto, or did not invest in certain coin you believe in, do it now, as there is small chance it goes up from here, in fact I estimate a 33% chance, and you don't want to have years of regret. However, I would recommend to do it modestly, for me that means 35% crypto allocation total, as next buy target is the one I feel most confident about will hit sooner or later: 55% undervaluation to the trendline, which would bring us to $160B total market cap if it happens over next month, or $6000 BTC, at which point I plan to go to majority crypto exposure again, likely continuing to build my BCH and ETH stash. Link My Crypto Investment Plan: https://docs.google.com/spreadsheets/d/1WSeePxcqVyZ__99I-dAcvMBZuEzTq1DX8KzstSKoS5c/edit?ouid=114287237714814559422&usp=sheets_home&ths=true

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