Managing assets in XASB

XASB (Crypto-Assets of Steve Bayer) might as well be renamed to Assets Managed by Steve Bayer (AMSB?)

While my initial plan was to back the XASB token by buying other tokens the way a mutual fund buys stocks, I’ve decided against it as that is not the most profitable course of action.

I shall now be buying ETH, ADA and DOT according to when the charts I use say I should buy or sell such coins.

When the ADX indicator inclines upwards and the +DMI line is above the -DMI line is the time I buy ETH, ADA or DOT.

When the ADX indicator declines downwards and the -DMI line is above the +DMI line is the time I sell ETH, ADA or DOT.

Initially, most tokens sold by me shall be swapped into USDT or USDC to maintain value instead of increasing or decreasing in value.

DOT is a buy according to some charts but not the chart that I shall be using because while DOT has the +DMI line currently over the -DMI line, the ADX line is not inclining upwards.

I can buy other tokens but from my experience, coins with their own blockchain tend to appreciate more than tokens. XTZ and ATOM were on my watch list but their price action does not indicate high yields from trading these coins.

You can buy XASB with USDT on 1inch: https://app.1inch.io/#/1/limit-order/USDT/XASB