As of right now Global Market cap has blown through the roof mainly because of Bitcoin, as it's dominance is at 45%. Some of the Alts are coming back to life and the July Fudders are FOMO.
What do we know?
- Every day new money is coming into the markets.
- The government is trying to stop it or at least let accredited investors get richer. Governments want to tell you that they want to protect you but i can decide myself what to put money into. Some governments are embracing this change while others want that control. This just drive Crypto higher.
Bitcoin will replace gold. I don't see in any way gold is superior to bitcoin.
BLOCK is a large percentage of my portfolio now since it has grown nicely. Unfortunately I am not profit taking as i have a service node and the staking profits will be very nice. New wallet September 1st, hence the current pump.
If you are in my telegram group you will know i hold tokens for a long term and look for value. I don't care for hyped tokens. The ico craze will eventually end. I am well diversified. No other major changes. If a token pumps over 75% in one day I will take profits.
The only thing I will do is sell by bitcoin into fiat so I can put that money to work in other ways.
If I were to be buying today i would get Wagerr, APX, Tokes under 50k, MGO, Darcrus, SONM and QRL. These seven will eventually realize their full potential. I am just resisting now as i have a large enough portfolio that will continue to perform well.
Next major event is the November 1st fork. Another altcoin will be created. I don't expect it to affect the price of bitcoin negatively. Maybe even increase as people will want those free tokens.
Below is my updated Portfolio. Total 86 BTC excluding the 7 bitcoins i will most likely sell.
SHIFT 20000 - 7.4 BTC
TOKES 8378 - 4.5 BTC
BLOCK 5032 - 32.6 BTC
UBQ 10000 - 6.3 BTC
QRL 34187 - 4.7 BTC
APX 2858 - 5.8 BTC
ARK 15492 - 8.2 BTC
DAR 26934 - 2.3 BTC
MGO 13143 - 2.4 BTC
WAGERR 97425 - 1.8 BTC
SONM 41354 - 0.8 BTC
Mybit 2967 - 2 BTC
DCORP 4750 - TBD
Brickblock 36900 - TBD
MASS 93 ETH - 120905 tokens - Approx 7.5 BTC
Excess 7 BTC
Happy Cryptoing!
Please upvote and ask any questions. Thanks for reading.
Great post, but I have not heard of most of the tokens in your portfolio! Which ones do you personally see having the highest returns a year from now?
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Sorry for the late reply. Almost all tokens i own will have high returns. The timing is the key
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