CryptoNoob: Part 4

in cryptocurrency •  7 years ago 

So, after learning my lessons described in previous 3 parts i got more disciplined. I learned a lot. I decided to diversify. As you all know December was a lot of fun - bull run, then correction, then bull run again.

I think it all started with Lightcoin. I think it was one of the first ones which started getting pumped. I remember buying it at around 100$, with caution, sharp stop loss (5%). Looking at the price history it was crazy - 100$ for a Lightcoin!?? But it kept growing so i kept investing and moving my stop loss margin. Idea was that if stop loss gets triggered and i lose some of my latest investment, previous investments i made (including ones when Lightcoin was 100$) will cover that.
In the end, i got rid of all #Lightcoins at 270$ i think. It continued going up even after i sold, so i invested additional money (which is currently sitting in my #LTC bag, waiting for some happier times) but i was happy in general as i invested back only 25% of entire profit i made with Litecoin.

In the meantime other coins started pumping. Not sure if you remember, but there was a time when among top 100 coins, you couldn't find a single one cheap! I was so happy seeing my #Cardano i've got at 3c going up. #Ripple, my mid-term investment, going up. Ethereum (finally) as well.

I started looking for "cheap" alts among top 100 for a short term profit. What i did actually was:

  1. Sorting out top 100 coins by available supply
  2. Comparing prices and promises of coins with similar available supply.

That's how i found #Verge (#XVG) and #DigiByte (#DGB). Oh boy, that was sweet! I invested about 100$ into #Verge when it was around 0.6$. In #DGB i also invested 100$ when it was a bit more than 0.01$. I guess i was lucky. I wasn't sure if those coins will moon or not, but:

  1. Everything started mooing, coins were pumped one by one. Why these shouldn't?
  2. They were one of the last remaining "cheap" coins among top 100 and pump of December looked like other CryptoNoobs like buying coins according to cheap fiat price.

When #JohnMcAfee pumped those two coins i went nuts :) Not because of the money, but because "i was right". Optimistic part of my brain was going ham yelling "i told you so" to the pessimistic part.

I sold those. Again, hoping for #XVG #Wraith protocol to do miracles i reinvested part of my profits back to XVG later on (still holding those bags) but using those profits i managed to buy more coins and expan my holdings. As of now, my blockfolio looks like this:

"Hail Mary" investments:


  1. #Cindicator (#CND): got it on 03.01. for 0.1$ Short term, to be sold whenever i get lucky with the price

  2. #OP Coin (#OPC). New staking coin, got it on #Cryptopia on 12.01. 16.01. and 17.01. for 0.06, 0.03 and 0.025$. Got it only because it was released just a week before, it's staking, decent max suppy, only on Cryptopia so far. Looks like a total shitcoin, but so far i've got around 100$ worth of stakes (so i basically returned my investment). First few months they are trying to increase popularity of #OPC by insane staking rewards.

  3. #Flixx. Got it on 24.12. for 0.3$. No comment on this one, pure gambling.

  4. #Senderon (#SDR): Got it on 13.01. for 0.025$. Gambling, to be dumped when someone pumps it.

  5. #Quark (#QRK): Got it on 13.01. for 0.048$. Have no idea what's this, waiting for some pump :)

  6. #SimpleToken (#OST): Got it on 24.12. for 0.27$. No comment, gambling on it.

  7. #GoCoin (#XGOX): Another staking coin. I wanted to utilize the fact my office PC is running 24/7. I got this coin on 13.01. for 0.013$ and on 18.01. i received a huge stake which almost payed off my initial investment. Since then no new stakes. I'll also dump this when it got pumped (by accident, if ever)

  8. #Gifto (#GTO). Got it on 24.12. for 0.27$. Have no idea what's this....

  9. #DigitalNote (#XDN): Got it on 03.01. for 0.02$. I could do better but... i don't really believe this coin, but let's see.

  10. #Snovio (#SNOV): Got it on 05.01. for 0.16$. I don't believe in this coin as well. Will be dumped when price goes green.

  11. #AdToken (#ADT): Got it on 02.01. for 0.11$. I got it only so that i cover few major "ads related coins" and balance a bit my #BAT holdings.

  12. #Kubera (#KBR): Got it on 13.01. for 0.028$. To be dumped.

  13. #Bitbean (#BITB): got it on 01.02. for 0.009$. I want to try staking this coin.

"This could work" mid term investments:

  1. #KuCoin (#KCS): Got it on 10.01. for 17.52$. I think i jumped here a bit, made a mistake as i payed "tax for noobs". I'll leave it in my account, it could go up. I mean why not, i don't have to feed it!

  2. #Civic (#CVC): Got it on 24.12. for 0.63$. Now, i started losing my faith in Civic recently. I'll keep it anyway, let's see what will happen in 6 months....

  3. #SpectreCoin (#XSpec): Again, it could work... I got it on 04.01. for 5.41$. As you can see the pattern - end of December and beginning of January i had profits from other coins, i was bored so i started spending like drunk millionaire...

  4. #Dent: Got it on 03.01. for 0.03. Nice idea. Not 100% sure it would "fly" but let's see.

  5. #Lend: got it on 24.12. for 0.07$. So far in profits, this coin could gain some traction, keeping it for couple of months

  6. #Edgless (#EDG): Got it on 27.01. for 1.43$. I payed premium price for this coin but i'm not concerned. For 2018 they have a nice roadmap, they'll start tackling sports betting and in December they got a gambling licence so this price dump is not making me nervous....

  7. #Lumens (#XLM): Got them in November for 0.036$. Sold 15% on 03.01. to regain some of my initial investments.

  8. #Funfair (#Fun): coin that won "Sigma Malta 2017 ICO of the year" award. Participated in big London ICE gaming expo few days ago. Another gambling coin (my counter to #EDG holdings). I purchased it on 24.12 and 04.01 for 0.06 and 0.14$. I hold it as from my own sources i heard that some very important people from Malta betting business like this project and people involved a lot... Just sayin'

Long term holds (or better HODLs):

  1. #Icon (#ICX): Got it on 31.12. for 4.68$.

  2. #BasicAttentionCoin (#BAT): got it long ago in November for price of 0.15$. Sold half on 01.02. but very bullish long term. Coin created by the guy who created #JavaScript, co-founder of #Mozilla. I think those are nice references....

  3. #Nano (#RaiBlocks or #XRB): Got it on 26.01. for 17.59$ I think this has a long term potential

  4. #Quantstamp (#QSP): HODLing. Got it on 25.12 and 26.01. for 0.16 and 0.42$ Also on 02.02. for 0.3$. I think this could go huge.

  5. #EOS i got on 15.01. for 13.46$ Big price but i don't care, i'm not holding it just to sell in a month.

  6. #Substratum (#SUB): got it on 25.12. for 0.78$. Who would say it can go lower than that....

  7. #Ethereum (#ETH): i got on 26.09. for 303$. First coin i bought. Spent one for #Digitex ICO (more on that later)

  8. #NEO: In total i have 9 of them. I got 3 on 28.11 for 30 something. I got 6 more on 08.12. because i sold some #Waves i had and doubled my investment. All that went into #NEO. I'm happy. Haven't sold a single one since then.

  9. #Cardano (#ADA): Got around 11000 on 21.11 for 0.03$. Will go huge for sure. I haven't sold a single one so far. The force is strong with this one.

  10. #Steem i got on 29.12. for 3.54$. Nice buy i think...

  11. #Ripple (#XRP) i've got long time ago, on 27.09. for 0.21$. Sold 30% to gain some profit when it hit 2.3$. As Borat would say "Great success".

  12. #Oyster (#PRL): I'm not proud when it comes to this one. I caved in and got it on ABSOLUTE peak for 3.98$ I think that price lasted only while i was buying, that price was invented only so that i could go and get #PRL and get burned.... Later on i got some more on 1.54$ but.... take a look at #PRL price now....
    I think that project is great, has good potential, it's my hedge against #BAT and #ADT. It just needs a bit of marketing...

  13. #Digitex: I got involved in Digitex in pre-ico stage due to some of my contacts. For 2 ETH i managed to get total of 500 000 Digitex coins. Digitex features platform will be released in summer and i have a high hopes for this 1B total supply token. I think this was one of my best buys so far, let me put two Borats to approve this:

Long list.... Hope you're still awake. Anyway, seems like this crypto winter could be over. I'm like a bear going out of his cave. Haven't sold anything during this period, haven't panicked, i know prices will go up again. Most important - i haven't invested too much so i don't care even if i lost it all (my #Digitex is exception here :D ). Hope you did good as well and used this opportunity to get into coins for nice prices.

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