Increase Your Crypto Value by a minimum of 10x in one year: Crypto Investing by Dreemit's Brilliant Husband: (And a warning about coming govt regulations on all coins deemed a security)

in cryptocurrency •  7 years ago  (edited)


My husband has been in this game (though I prefer to think of it as a fight, to get rid of the old ledger based system) of crypto since 2010, not long after Bitcoin was introduced.



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I've been learning, albeit slowly, and the more I've learned, the more exciting it has become to watch his predictions bear fruit.

When Bitcoin was still worth way less than a dollar he saw all the way to now. Unfortunately wallets were not what they are today, and I won't even tell you how much we lost from major hacks. Well, I should say what we would have made if not for major hacks, since most of the Bitcoins he originally acquired was through mining them. Suffice to say we would have been sitting very pretty.

But the past is the past, and thankfully things have changed. That doesn't mean there is no risk involved in such endeavors though, so always be aware of that when considering investments of any kind.

Below I have copy and pasted the email he sent out to some close friends and family, that he said I could go ahead and use in a post to help out the awesome friends I've made here.

So to my steemit family who choose to follow these tips, I look forward to toasting with you at this time next year ;)



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Trading Strategy 9/1/2017 to 9/1/2018

Ok. Here is how I set up my trades year to year. I'm not telling you to do this, just sharing what I'm up to and why.

Remember, this is risky, you could suffer great losses or you could make great gains, but, as with all things, with great risk comes great rewards. Let's get started.

The game works like this:

1.] Make a list of 10 tokens for your portfolio that are likely to increase in value by a minimum of 10x in the next year. This takes some research, some gut feeling and a bit of luck. (my list is down below)

2.] Now, use 1 BTC (or whatever you're comfortable with) to seed the portfolio, buying each token chosen at the same ratio. For example, if you choose ten tokens, put 0.1 Bitcoin into each token.

3.] Now, we kick our portfolio into high gear by investing every week. I'm doing .030 per week.The .030 Bitcoin that's added each week to the portfolio is done by buying in the dips. For example, say 7 of your ten coins are up in value that week and three are down, you would split .01 Bitcoin among the three down tokens, buying evenly. The coins that have increased in value let ride until you see that they have made a pullback. Do this for the next three months. Choose one day a week and an exact time of that day to do this, this will give you the best dollar cost averaging.

4.] After three months of buying in the dips, HOLD everything till 9/1/2018. There is nothing more to do but watch your portfolio grow.

5.] On 9/1/2018, reassess everything. Sell or hold each token based on its year long performance and future expectation, and then recreate this trading style for the next year adding tokens and taking away old tokens as necessary to get to your 10 tokens; new trends will have emerged.

That's it! You can use whatever amount you have to start, and whatever amount you want to put in each week. The point is to get something in there, and then get your portfolio growing, Remember, once you buy a token you're going to hold it till 9/1/2018. DON'T SELL OFF ANY TOKENS NO MATTER HOW MUCH THEY'VE INCREASED OR DECREASED. That is the key to this style of investment working.

Now, what do you do with the 9 months between the last day of the 3 months of investing every week and the nine months till the tokens mature? What I do is start another ten token portfolio and do it all over again! This strategy will ensure that your risk is spread across a broad spectrum of ideas and concepts and tokens, and insures diversification. Also, after the one year date of your initial investment, you will (if you chose your tokens wisely and have a bit of luck on your side) have profit every three months thereafter. Win win!



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How to Buy Bitcoin:

If you are wondering how to acquire BTC to invest with, these two platforms are easy to use:

https://www.coinmama.com/

https://cex.io/buysell

Where to buy tokens:

Now, I use 2 different exchanges and 3 different platforms for acquiring tokens to spread out and mitigate risk:

Bittrex: https://bittrex.com
Hitbtc: https://hitbtc.com

Whenever possible, with tokens with working wallets, I use the following to convert BTC or ETH to the tokens I'm after and store them on my PC (never store your tokens on exchanges if it can be avoided!):

https://blocktrades.us/
https://changelly.com
https://shapeshift.io

My portfolio:

Now, I'll show you what tokens I have acquired and which trading platform to find them:

Bittrex:

STEEM
BAT
STRAT
ADX
CVC
LBC
PIVX

Hitbtc:

BQX
PLR
ZRX

All of these coins were chosen for various reasons, and I'm not going to break them down. But, you should be aware that heavy government regulation is on the way for any coin that is deemed a "security", and because of that, the exchanges will delist them and their value will disappear. It's not if this is going to happen, it's when.

Also, as regulation creeps in, there will be a migration from the well known coins (BTC, ETH etc.), to coins and platforms that offer anonymity. These facts, among other criteria, were kept in mind when choosing the tokens to acquire those listed above.


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Where to store tokens:

Once you start acquiring your tokens you'll need a place to store them. As I said, some tokens will have their own wallets. You'll have to research how to use them. For others you can use one of these wallets below. They are my personal favorites:

https://www.exodus.io/

https://www.exodus.io/eden/

Feel free to pass this e-mail on to anybody that is interested. Now, get to it, there's no time like the present to start making it a great day!

And, don't forget to buy me a beer, I'm thirsty:

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BTC: 1LFoWdMN8wDMRC3nPhMxJXig7x2MxudhRm

ETH: 0xedBB4420c1A8055CEFEa20B0aC47a096A0c91C7f


All right guys, so that's it. Other than the pictures, the above was written and put together by my husband. Feel free to pose questions in the comment section.

To Ian, sorry about the annoying sources ;)


Generously created for me by @son-of-satire

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This is clearly laid out and easy to read.
Thanks to you and your husband!
Also, thanks to both of you for your private advice to me to buy some BAT (Basic Attention Token) just over a week ago.
I'm now sitting at a 60% gain already!

That's great to hear, I wanted it to be something that even people with little knowledge could understand :)

That's awesome!! Loving BATS :)

Someone in this comment section saying that it's not wise to hold reminded me of what I should have included in this post...last year around this time my husband's list included monero, dash, ethereum, z coin among others. Glad he held :)

Hey! Thank you for the great advice! It is exciting to hear the story from somebody who has been in this wavelength since 2010. I completely missed the boat. But now, I finally woke up. And (funny enough) I want to write a book in Spanish, to help wake up my neighbors who are all asleep. I hope you don't mind that I will "steal" some of the ideas and words that I learned from your post. In particular, "the game works like this" which is exactly what I had thought of doing. But you wrote it much more clearly than my vague ideas. And yes, I will vote for witnesses. I would like to be a witness myself. Thank you for all the brilliant ideas in this post.

I am going to follow you.

Hi there! No problem :) I know, it's awesome that my husband always seems to have a finger on the pulse of things. And it's awesome that you woke up! You are still in the early period of crypto!

Absolutely, 'steal' away lol!

Hello Dreemit... I have a question... I notice that this comment to your post has (I think) earned $0.76 and almost all of my original posts (mostly about health, and humor) (and they are very good, in my opinion) earn $0.00 and almost all of my comments to other people's posts also earn $0.00 Is there a REASON why my comment to your post earned $0.76 ??? If I understood the reason, perhaps I would do it more often. Perhaps posts having to do with crypto currencies earn more?

By the way... please read my posts ("blog")... You will see that I am destined to become a whale. (if health and humor are popular topics)

Steemit is a game, but it is important to understand the rules to grow from a minnow to a dolphin. How do we play this game?

Well in this case the reason you got so much for the comment was one of the voters is a whale. She happened to be commenting on the post too and liked what you had to say :) Well thought out comments on a post with a lot of activity, particularly when you catch the post early, are more likely to earn you comment upvotes.

I would be careful about asking people how to play the game. It makes you appear disingenuine. All I can tell you is that the comment you initially wrote was a good one. I don't mind that you asked me to visit your page, but I should also warn you that many people will. Basic rules here are: Be sure to always upvote a post that you comment on, make sure the comment is a thoughtful one that lets the blogger know that you actually read/watched the article. Never put a link of yours on someone's page unless you're friendly enough with them that you know they won't mind, or they happen to be in the post that you made. Don't ask people to follow or upvote you.

But really the most important thing is to be genuine and develop real friendships. Chasing whales will get you nowhere. Be positive, that's always welcome.

Awesome advice! Your husband certainly sounds like a guy who knows his stuff so I'd like you to thank him personally from me for imparting his wise words of wisdom for us all.

Hope you are keeping great, @dreemit! Bless... :)


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Take a hike pal.

Sucks that there were a lot of attacks back in the early stages but let's hope it happened for a reason and maybe it changed the whole course of your life for the better. (Despite the constant nagging in the back of your mind that will always try to mutter in your ear that 'you could've been rich')

This is a pretty good trading strategy and I do something somewhat related to that at the moment. I'm not a day trader as I find that way too stressful so I nowadays just invest in coins for the long term.

I'm currently holding pretty much the same coins as you. What I predict the biggest gainer may be is BQX or Steem but we will have to wait and see. Sooner or later I'm going to start accumulating EOS but I have a lot of time to do that.

Thanks for the great tips and suggestion @dreemit's husband haha! :)

Yeah, we've never been day traders either, it is definitely too stressful in my opinion. I've seen so many people jumping for joy one day then down in the dumps the next, and actually far more down in the dumps days then jumping for joy days, lol. Some rollercoasters are fun, but for me that's not one of them. I think it's a difference between making well thought out and researched investments verses just gambling.

That's awesome Jake, my husband just said: Wow, great call! He's leaning the same way about BQX and Steem... and he's grinning right now, haha, you and I will definitely be toasting each other next year!

This is fabulous, thanks to you and your husband for sharing. I actually had never even heard the word 'cryptocurrency' before July this year! (Yeaaah I'm a bit media-phobic haha).

But I'm trying to learn all about it fast now, because it just seems to be the way of the future to me.

I'm gonna print this out and show it to my husband and see about putting some of this into practice. :)

Perhaps on one of the international meetups I'll actually be able to buy that beer... for for now, I'm sending a metaphorical beer over to your other half. :)

Cheers!

Thanks! Definitely the way of the future, and I completely understand about media phobic. I don't even have my own cell phone, we just have one we share. But my laptop, I have to admit, that is the one thing I have always had to have. Though for writing purposes more than anything else until steemit came along :)

Lol! Yeah, I wasn't sure if I should include the last part of the email, but I like how he puts it :) I will take that metaphorical beer, and have one myself ;)

Haha! Metaphorical beers all round then! And we'll stick them on my metaphorical tab! :)

Excellent! ;)

OMGZ!! I can't read this, it's full of words!!! But I will read it in the morning!!!

Haha, yes I wouldn't recommend this particular post whilst out on the town in Glasgow having your Last Hurrah!!

I am full of hurrah!! The night is hurrah tastic !tipu 1

Did that work? I am half pished already!!

meep

Hahahaaa! Oh my God, I reallyyy wish I was with you. More pictures please :)

!tip 1

Great post! Thanks for sharing @dreemit, so much useful information and was written in such a way that even a newbie to crypto like me can understand. Have a Great weekend!

I'm glad you found it useful, that was definitely what I hoped for! Thanks for stopping by :)

Thanks on this to you both!

You're most welcome, thanks for reading :)

I have to look into this coins. I don't know anything about their projects or investment. Other than Library Credits. Which I think is gonna be killed by DTube.

My husband says since steem is at the top of his list, he would love it if you're prediction comes to fruition, and he doesn't disagree. But it's all about diversification.

Absolutely. I have a few library credits.

I think this is nice advice and portfolio, people often fail in investment without proper knowledge and portfolio management, if out of the 10 token one does not perform according to our expectation we should not hesitate to switch it with others good alternative. Just holding it is not the wise decision.

  ·  7 years ago (edited)

Thank you :)
But that's exactly the advice my husband was given last September for monero, dash, ethereum, z cash and bitcoin...good thing he didn't take that advice and HELD it.
From that point of view I can't agree with holding being unwise.

You are now on right track dear.

you just wait only 6 to 7 month steem soon reaches to 5$.

I absolutely agree with this assessment :)

Awesome, I have been wondering how to store coins, I have my precious, my LBC tokens on an exchange, I am going to move them, and maybe acquire more, and some BATS are next! Thanks, both of you, for sharing this valuable post.

fantastic and upvote my frind

Great advice from Howie! It's so simple, yet deceptively sophisticated. I like how this was outlined, it seems easy to understand even for a layman. Often times, when people give advice, they don't give their exact strategy, so I appreciate that Howie took the time to carefully explain his.

It's so awesome that he's been doing this for more than 7 years now! I started looking into in 2010 as well, but I mainly mined LTC instead. Too bad I lost keys along the way, and sold because of FUD. Trying to get back into the rhythm, so maybe I could apply Howie's successful strategy to my own. Thanks for sharing it! :D

Upvoted

I just went ahead and bookmarked this page, I keep returning!