🚀 What Cryptos do YOU Own? – December, 5th 🚀

🚀 Every week, I decided to update the different cryptocurrencies I own and would like to ask you which one do you believe in the most in your respective wallet. 🚀

This is the 12th weekly: "What Cryptos do You Own?"

• As I work in finance, Stock Markets polls are very useful for fund managers to understand what investors own because they currently like it and what they do not.
• Usually, in the Stock Market, it is not very good to own a stock that everybody owns; it means that most investors bought it already and therefore, future demand will be low.
• Whereas understanding which one are under owned is very useful in case a positive news is released on the stock. Since a few investors own it, they will rush to buy some and the price will increase significantly.

My current portfolio and reasons why I own these cryptos:

I sold most of coins after this nice rally. I HODL some EOS, Ripple and Steem of course. For the notice, I plan to sell my SBD and not reinvest them as I feel the current price is very attractive at $2.5+

I also think that this price is the result of crypto owners selling their coins and going back to cash or Tether/SBD as they anticipate a correction.

• Ripple (XRP): Signed most of the TOP50 banks and is runned very professionally. It is working with Chinese partners on many projects.
• Steem: If you read this, you know why. I increased my Holdings recently to benefit from the >$1.0 price
• Eosio (EOS): I believe in Dan Larimer; he already developped 2 great projects (Steem and Bitshares) and as the Co-founder of Steemit on @SGTReport said about Dan larimer and its EOS ICO: “The people who say that there is no product yet, Dan has built 2 of them if they think he’s not gonna build the 3rd one, they’re crazy. This is the one he always wanted. The other 2 were just helping him get there”. EOS is showing some nice upward trend recently. I can see some “Whales” are stacking them.

Other Cryptocurrencies that I used to own

• Ethereum (ETH): In my opinion, it has been the most exciting project in cryptos so far. This project has been copied or inspire many other hot cryptos (NEO, EOS...). Devon3 gathering brought a lot of visibility on Ethereum's next improvements especially on the scalability issue.

• Mysterium (MYST): * The company is developing a Blockchain VPN. As China is trying to implement its Great Internet Wall before 2018, this would block VPN based technology. This project could offer a solution to Chinese and even other people to have more privacy while browsing through the internet.

• Stratis (STRAT): Stratis offers full service capabilities for the development, deployment and management of blockchain applications and solutions utilizing C#. *Stratis tries to make it easier for companies, organisations or other entities to develop a blockchain app.

• Ethereum Classic (ETC): I think it is undervalued, dapps and other projects are using it as the Ethereum network is getting crowded.

• Siacoin (SC): Siacoin is a solution that allow companies to use storage in a decentralize on Siacoin network. “Miners” are renting their storage capacity. It is 5-10x less expensive than with traditional companies as Amazon Web Services, Google, etc…

• Golem (GLM): It is a cryptocurrency allowing you to use the calculating power of the computers connected to its blockchain network. This is useful for companies looking to rent some calculating power for a project, etc…

• Augur (REP): I just like the prediction market project. They have a good team of developers and seem to work very hard on this project. And last but not least but they keep you updated on a weekly basis and were at Devcon3 recently.

My Current Leverage

• I am short 1.5x my portfolio to cover it (ETH, BTC and EOS) and benefit from the correction.
• I am not fully invested as I feel we performed very well in the short term.

My Portfolio on November, 22nd

I am long Altcoins and still not interested by BTC

Bitcoin was the first Crypto, but… I prefer my Altcoins (EOS, XRP, REP…).

Finaly, What crypto should I look into at the moment?

Last updates

• 🚀 What cryptos do YOU own? – November, 22nd 🚀
• 🚀 What cryptos do YOU own? – November, 15th 🚀

And you, What do YOU own?

Please remember this is my personal opinion and not a financial/investment advice. You need to do your own research to make your own decision. Investing in cryptocurrencies can lead to financial losses.
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