Crypto Portfolio Update

kingscrown (81) · 7 years ago

all good coins :) the onlyi dont have from those is Lykke. Sadly i did buy XTZ..

$36.91

chireerocks (72) · 7 years ago

True, but I am waiting for how Steem and SBD will perform after the launch of SMT, I am curious to watchout the trend of Steem and SBD.

$0.00

https://steemit.com/bitcoin/@cryptosuf/rdd-reddcoin-could-be-done-correcting-soon-i-expect-it-to-shoot-up

cryptosuf (51) · 7 years ago (edited)

This is what I have!
I have been doing very well and I am very satisfied. What methods does everyone use? I basically used Elliott waves and Chart patterns I do my own analysis now and I have been able to earn good % off of my calls...
I am aware a lot or most people in the market like to use news and fundamental analysis, Does anyone care to explain how they decide what to buy and when??

Top 10 in portfolio
)

For example, here is a analysis I have created to determine where the price will go :

So far it has been working out very well.

Thanks!

$20.84

3 votes

famunger (68) · 7 years ago

Thanks for the good overview!
That is an interesting portfolio as it is one not betting on ETH and BTC.

Instead Verge, Bitshares and Bitcoin Gold.

Can you explain a bit more your thought process behind it? I would be very interested.

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cryptosuf (51) · 7 years ago

@famunger yes I can kinda explain lol.
I got BTG at some good prices and I went oveboard and just waiting to see what happens. for a long time it was following or leading bitcoin cash and they where moving in the same exact manner. So i was happy and assuming it will take off with it. they shot up 3 weeks ago but BTG came back down. Nonetheless I am still holding as I believe it is undervalued and will soon be in the thousands.

XVG and BTS are very good coins from a fundamental perspective and from a TA perspective and both are going to rise very soon IMHO.

When I started I noticed how slow BTC moves and really didn't like it. I love BTC for everything it is, expect the % gains.
I see it as being a save investment/ long term. When I make alot of money I do plan to put SOME in BTC.

So far betting on ALTs has been very successful although I am aware it is risky because of the nature of alts.

Sometimes I will jump back into BTC and ride the rallies if a ALT looks like its going down ot not going up a lot. that too has been working well. :)

$0.07

cryptotem (63) · 7 years ago

Hi @famunger! Good start of the year to rebalance a bit :-) I did the same thing in the last days and will post an update about that shortly.

Anyways, I think it is most important to 'define' your portfolio. Do you want to have a diversified and more 'safe' collection of coins or do you want to have more upward potential and more risk? Which part of your portfolio should have which aim? I would try to set some guidelines for yourself around that :-)

Looking at your portfolio, maybe it is interesting to reduce a bit of your ETH position and pick 1 or 2 other 'platform' coins to invest in. NEO might be interesting since a lot of ICOs are coming. Waves might be another interesting one for the same reason combined with the fact that they are not that overhyped and actually are building a sustainable ecosystem (incubator, Tokonomica, liquidity fund etc.). Of course I am a bit biased since I am also invested in those, but I just like to bet on the house instead of the players ;-)

If you are looking for a few coins that are not in the top 50 (yet), these might be interesting: Neblio (platform), Vericoin (dual chain with VeriumReserve), Wagerr (blockchain betting, 15 jan release) or Ubiq (platform). They might beat the top 20 easily, but they might also never reach anywhere near the top 20 of course :-)

Good luck with the rebalancing!

$2.62

famunger (68) · 7 years ago

Thanks @cryptotem.
I had Neo for quite a while - sold it @70. I find Neo difficult with the ICO ban of China. Or did I missed s.th. so that they will have the chance to host ICOs anyway? I still think it is a strong project but I thought price wise other projects (Qtum, Cardano) have more upside potential at the moment.

Thanks also for the "not top 50" coins. I need to look into them as I haven't heared of them at all (except for Ubiq).

$36.06

3 votes

https://steemit.com/cryptocurrency/@cryptotem/my-strategic-cryptocurrency-portfolio-update-7-details-distribution-and-developments

cryptotem (63) · 7 years ago

I get your concerns and those are also my thoughts about Neo. I believe it means that they just had to push the pause-button, so I think it is all temporarily. I will check the status of this with the people from Neo, since they have an event in Amsterdam on the 13th of Jan that I will attend.

Those 'not top 50' coins are a good starting point, but of course there are a lot more interesting projects. Make sure to let me know when you found a different gem ;-)

BTW, I just posted a more detailed update about my cryptocurrency portfolio than usual. Maybe it is interesting for you to check out. And if you do, let me know what your thoughts are!

Cheers!

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dandesign86 (68) · 7 years ago

I guess it all comes down what odds you want to play. Sure you can make huge gains on some small coin, but you can loose it equally fast. For hodling I think you have some good coins.

I would increase some EOS. I'm still long term bullish on Bitshares. Iota i think is interesting.

I think Smart Cash will make big gains.

I think my increase are similar to you but I have Steem as one of my bigger investments that has been holding me back. It looks like that will change a lot in 2018 :)

$1.99

writewords (53) · 7 years ago

Check out DigiByte, BitBean, LDOGE, and BURST. Those are some I'm watching. EOS as well.

$1.93

theaustrianguy (72) · 7 years ago

Hey @famunger!
With the current SBD price, it is not really wise to set your post-rewards to 100% power-up, this will burn you a lot of money ;)
You probably understand why, if you don't, I made a video about two weeks ago (https://steemit.com/dtube/@theaustrianguy/db0silea)

Regarding your portfolio - Have you thoight of IOTA?

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famunger (68) · 7 years ago

Thanks.
You are right - I am not posting too much so I just have thought about it. Will change post-reward structure next time.

$24.02

dutch (61) · 7 years ago (edited)

I am a little late to the party, but would say you are missing two key coins in your portfolio - BTS and GRC.

Since the fear and doubt surrounding the centralised exchanges is getting bigger, I expect the Openledger (BTS) DEX to gain significant popularity. Even now, we have C-CEX locked down for a full months, Poloniex randomly raising fees, and doubts on the actual backing of USDT. Decentralised exchanges are the future, and Bitshares is at the forefront.

GRC is gaining significant attention lately, as it is continuing to be tied to scientific progress in many fields. A lot of big investors are coming on board, buying as much as 1 million GRC (0.25% of the supply) in one go. The Gridcoin network is now effectively the world's largest supercomputer, and any scientific project can tap into it for free.

From my end, I have not looked into Lykke yet, which I see you have in your portfolio. Time to do some reading.

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anik199 (40) · 7 years ago

i think steem coin is one of the coin in top 10
so if you want u can cash steem coin.
because steem is going for big blast

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pronab36 (43) · 7 years ago

i think steem coin will b good for coin cash

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blazing (70) · 7 years ago

but to be honest your portfolio would double or triple in this year for sure :)

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rival (67) · 7 years ago

Thx, I think I made x3.. started in june, made some stupid beginner mistakes. but 2018 will be great.. I think your choice is ok.. I would also put a bit more eos in the waller and get some eth out... eos will eat eth in 2019

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diabolika (66) · 7 years ago

Why don't you want to invest in Ripple?

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famunger (68) · 7 years ago (edited)

I feel Ripple is to centralized. Just a few people hold the majority of the coins. And if you look at the total supply (not the circulating supply than the market cap of ripple is close to bitcoin. And I just don't see the value in it that it could be the "top dog". So I feel it is way to expensive to buy it and to risky as one of the major coin holders could basically flood the market with coins and drop the price back to the bottom.

$35.65

ugetfunded (62) · 7 years ago

Hi @famunger, Great analysis but some people won't understand it until they burn their investment. I sold all my Ripples the moment I came to know about its being centralized coin. BCH also played the some artificial tactic a couple of weeks ago when it went to $4000+ from $1800 in less than 24 hours. It was all fake.

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vietnamaz (47) · 7 years ago

The article is too useful for everyone I like it. Thank you very much

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zinzilon (43) · 7 years ago

go for tron, trx is undergoing correction now, best time to go in ever!

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teamsteem (74) · 7 years ago

Very cool portfolio. I try to avoid telling people about buying specific coin.

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dutch (61) · 7 years ago (edited)

I am sure you hold opinions about what coins have the most value though - and those will be the best to invest in longterm anyway.

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teamsteem (74) · 7 years ago

I agree. I have some opinion and some knowledge about the market. I know know a lot about cryptocurrencies on a laymen level. I don't know the code but I know how it works.

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