To all my followers - my portfolio and what is going on with cryptocurrency.

in cryptocurrency •  7 years ago  (edited)

First let's break down my current portfolio:

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Chainlink (ICO) - Hyped for partnership with SWIFT. Presale was from 100 eth and there are tens of thousands people lining up for the ICO (registering hundreds of emails for whitelist). ICO will end up with 0.1 ETH personal cap and will be sold out in seconds. Expecting amazing profits here. Probably one of the most profitable ICOs of the year. ICO on September 19 and trading the same day.

Enigma (ICO) -Top ICO from our friend Ian Balina, sold out really quick and 30k more people were lining up to buy but did not manage to. Might do 4x, might end up as well at just 50% profit. Big mystery indeed. Trading will start in first or second week of October.

Tezos (ICO) - Long term hold, new blockchain, ETH killer, 50% bought up by hedge funds, Tim Draper invested. They might release tokens by the end of the year but it's not 100% sure. Could be worth billions so anything from 5x to 10x is possible.

DIMCOIN (ICO) - Invested too much in this one for sure. Bought XEM to get bigger bonuses, should give at least 4x but it all depends on market conditions. Don't expect to lose any money on this one but profits might be disappointing. Trading in Q4 this year, probably December.

BOScoin (ICO) - Korean NEO/QTUM, very bad name (who the hell adds 'coin' nowadays...). Trades at 800% profit on HITBTC with quite a nice volume so debut might be close to the IOU price. Bitcoin itself gave almost 400% return since the ICO so BOS itself has to do just 200%. Trading should start by the end of this month.

Blackmoon (ICO) - Quite recent ICO, another fintech token, hyped by 4chan, and some other folks who are bullish about all fintech tokens like VERI and PPT. That might be a good sign. ICO sold out 30m quite fast. 100% profit would be very good. Trading starts at September 19.

ETH - Holding just to put into the next ICO, or buy some coins from my 10 coins experiment (read further).

Agrello - One of my biggest bags to date... It was supposed to be CAT competition but ended up 50% below the ICO price... Waiting to drop that bag closer to the ICO price. No potential here.

Lampix (ICO) - Virtual reality. Hmm maybe it wasn't the best of my investment haha. Will see on September 19.

Modum (ICO) - Probably another bag. ICO struggles to fill tier 3: https://modum.io/tokensale/, tokens will be available to transfer and trade 30 days after the ICO ends, so 35 days to go. But the idea is decent and might pay off in long term.

DNT - One of my 10 coins I'm going to buy and hold as my ,,retirement" portfolio, very long term hold. Acquired it today.

EOS - Another of my 10 coins experiment, bought it yesterday. New blockchain, dropping like a rock since the ICO, nobody likes it, nobody wants it. Trades around ICO price.

Kyber (ICO) - I'm very curious how this one plays out. HYPE is beyond everything, orders on EtherDelta shows that there is a huge demand at 5x ICO price and even orders at 10x.

Wabi (ICO) - Low key ICO, promoted by Ian, they might do refund because of China FUD. If they decide to do they ICO, presale people are at guaranteed 5x profit so not bad.

Exscudo (ICO) - ICO was held in May. It's another decentralized exchange like Kyber and 0x. They raised small amount so in today's market they will be worth at least 10x ICO price. Tokens might be released by the end of the year...

Steem - still holding some of my Steem Power but powering down on a weekly basis.

16 coins.

11 of them are ICOs still waiting for exchanges.

Some people might be wondering why I don't hold any bitcoin, or why I have such small amount of ETH. Well the truth is that I'm to poor to just hold BTC or ETH. They won't earn me enough money. Let's be honest, what is the upside potential of BTC or ETH? It might take months for BTC to touch 5k again and that's not even 100% profit from today's price! ETH doubling in value would be also very unusual.

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My investment strategy is simple.

If I buy BTC or ETH and put it into any good ICO I basically still hold BTC or ETH (even in my sheets it stays at BTC or ETH till the tokens are released) but with potential of giving me BTC/ETH value growth + eventual ICO profits. It was very unlike in May, June, July, August to pick an ICO which went below the ICO BTC/ETH price. And with bull market ETH and BTC is gaining value so buying any ICO was a bet that BTC and ETH will be going up plus my ICO will also boost profits.

Now it got harder. With presales,special deals and tons of flippers like Ian and his zerg. Many ICOs are trading below ICO, or even presale price. Name only Aventus, Agrello, Propy.

My last ICO was Enigma and I don't see many good ICOs anytime soon.

I will wait till the end of this month because it will be full of debuts:

September 19 - Chainlink, Blackmoon, Enigma

September 24 - Kyber

By the end of September (hopefully) - BOScoin

1st or 2nd week of October - Enigma

I'm especially looking at Chainlink and Enigma, they will tell us a lot about market condition and ICOs perspective. Kyber is a winner anyway but it will be interesting to see if it can hold at least 5x ICO value in long term.

Follow me for more: https://twitter.com/dawid_rams

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Nice, but what do you think about BAT? There's small pump now but probably there will be big pump when they release it to Brave browser. I'm holding it.

This comment has received a 1.56 % upvote from @drotto thanks to: @banjo.