Hello there.
Let me discuss some coins to watch this month. Before that, I would recommend to create a short term portfolio. If you have 1 portfolio at the moment, put 10% into a ‘new’ one and let's have some fun: go all-in with the flow on the coins in this order:
Stratis (STRAT) – warming up: today!
Roadmap incoming today, so this could be a nice warming up for crypto october. The team is great and I think the roadmap is an important thing at the moment for Stratis. The previous one was outdated and last month a lot of people lose faith in Stratis because price didn’t go up, even not with the good news about the Breeze wallet alpha release and the introduction of Stratis identity. You could see this last one as a compatitor to the Civic coin on the long term.
So, price didn’t move much with releasing these things. Also, Stratis announced previous month a partnership with Earth Twine, a seafood industry. Sounds freaking boring so people sold that news but if you do a little more research you find out that the seafood industry is HUGE and they want to resolve a big problem in that industry using the blockchain for tracking. So that is definitely interesting.
However, the vibes around Stratis are very negative at the moment, unfortunately. Hopefully, the roadmap can change that a little bit. A lot of people (especially the ones who are looking for making fast money) sold their Stratis already after all the disappointed price actions. So the roadmap release today will definitely create some moving upwards, but as we used to with stratis it could dump soon after it.
On top of that, it could be that Stratis will release another thing today: the listing on the korean exchange Coinlink.
Advice:
sell like 30 minutes after the news and keep an eye on stratis the hours after it. If the vibes become positive then you can buy back in the dip. Have patience and don’t buy back right after you sold the news. You have to know if it will become a run and that takes a while. However, I don't think the chance of a run is big but who knows. If it does, I think it can become a multiple days run-up. Don’t become greedy and take profits on the go, so we could move on to the next one: bitshares.Sell targets:
Target 1 is around 220000 sats and target 2 around 410000 sats. But I think it won't hit them both, this applies only if stratis becomes a bull run.Bitshares (BTS) – 13 october
So after you sold your stratis its time for the next run-potential. Not sure about this one but it’s worth a shot. On october 13th there will be the bitshares 2.0 launch. Bitshares is a decentralized exchange and I think sooner or later we will trade all on decentralized exchanges because governments can’t shut this one’s down and it will be a lot safer having funds on these ones because at the moment you can lose everything if you have funds on centralized exchanges like Bittrex.
Because I think this one is tricky I don’t discuss it more for now because I’m lazy and I’m more excited about ripple, which is also around that time. But one more thing why I think bitshares is one to watch, the market cap was in June more than 1 billion and bitshares was standing in the top 10. At the moment if you look at the charts you see the price is very low, like 8 cents. All-time high was around 17200 sats, which is like 70 cents at the moment. So if this one goes it could give another nice run. Odds are not great, but definitely wort hit.
Advice:
if bitshares doesn’t do a thing in the days before october 13th and ripple starts his run then skip this one and go to ripple. If not, then keep this and sell on october 13th. Like stratis, look closely at this one the hours after it. The advice is pretty much the same as the Stratis advice. Sell, watch and buy back if things keep going up the hours after it and take profits on the way up and place it to our next baby: ripple.Sell targets:
target 1 around 4300 sats, target 2 around 8200 sats and target 3 around 9900 sats. I think target 2 is possible if there comes a run.Ripple (XRP) – 17 october
Earlier I wrote an article about ripple on steemit, where I said to watch ripple closely around 12 sep and 10 oct. At 12 sep not much happened but a nice thing to see is that the price range was holding steady and therefore the accumulation is keeps on going. On october 17th, the event SWELL is scheduled.
A copy-paste from my previous article:
“I suggest to read this, I can't explain this better: https://xrphodor.wordpress.com/2017/08/25/ripple-establishes-swell-conference-to-compete-with-sibos/. If you are lazy let me call this shortly: "SWIFT, established in 1973, has been holding their SIBOS (Swift International Banking Operations Seminar) conference for banks and member stakeholders since 1978." Ripple wants to compete with Swift so what they did they scheduled an event for the same city and time frame of SIBOS, called SWELL. That could be a very very smart thing to do.”
Advice:
The movement up can begin a few days before the event. There has been a very long period of accumulation so when the big players triggers the movement upwards it can make a very nice run. So start watching this one around 10 october, maybe earlier. On that time you have probably your fundings into bitshares but like I said there, if ripple starts moving then forget about bitshares and go all in on ripple (or maybe 50/50 but then sell all your bitshares on 13 october and buy ripple).Sell targets:
Target 1 is around 10200 sats, target 2 around 14600, target 3 around 20000 en target 4 around 25000 sats. I think target 2 is most likely and depending on the event outcomes it could go to target 3 and MAYBE to target 4, but that chance is not much.AdEx (ADX) – hold during the flow
For this one I don’t have a specific date in mind. So this one is great to hold during your money flow strat-bts-ripple. Between strat and bts you can hold adex and also after you sold your ripple.
AdEx has a lot of potential and last week they announced a partnership with eSports platform EloPlay. On top of that, this makes me the most enthousiast about this coin:
Our dev team has been working tirelessly on the AdEx prototype. As you may know, it is due for release in February 2018 but we are currently ahead of schedule so we’re expecting to present it way earlier — perhaps even in October. Stay tuned for the official announcement.
They said that on their medium channel and that release could be a very big thing. So maybe it will be released early october and if that does you should hold 50% AdEx and finish the flow above with the other 50%. In that case we just can't catch it all! But hopefully this release comes after the Ripple event. If that does, PFOEEE.... (L)
Advice:
I think there will become a new blood bath when bitcoin reach around $6000. Later this week I will write a new article why I think that and why it's important to put your funds out at this moment. So the flow in crypto october will end when bitcoin hits $6000. At that time sell this one and buy dollars. At that moment we can determine if this flow worked out or not. Hopefully, our portfolios have increased this month around 3-5 times. We will see, it can be a fun ride!
Summary – my trading strategy crypto october
29 september
- Buy 100% stratis
- Sell 30 minutes after roadmap release
- Watch the hours after it if the vibes around stratis becomes positive
- If things keeps going up: buy back and take profits at target 1 (220000 sats)
- If things still keeps going up: buy some back again and sell at 410000 sats
- After stratis move is finished, buy 50% adex and 50% bitshares
In the meantime:
- Keep an eye on adex, bitshares and ripple
- If adex starts his run go 100% on it, same for bitshares and ripple
8 october
- Buy 100% bitshares
- Sell 30 minutes after bitshares on 13 october 2.0 launch
- Watch the hours after it if the vibes around bitshares become positive
- If things keeps going up: buy back and take profits at target 1 (220000 sats)
- If things still keeps going up: buy some back again and sell at 410000 sats
- After bitshares move is finished, go 100% ripple
13 october (if ripple starts his run before this date, then skip bitshares and move everything into ripple or do a 50-50%)
- Buy 100% ripple
- Hold during the 3 day event and take profits at the targets. First one around 10200, second 14600, third 20000
- If there comes good news like new announcements – HOLD and maybe we hit target at 25000 sats
- If the event is over 20 october OR if the highest target is reach, sell everything
After that:
- Buy 100% AdEx and sell everything when bitcoin reach $6000
So that was it for now. At last, I want to say; DO YOUR OWN RESEARCH and don't follow blindly my view. I can be wrong and we never know what could happen, maybe october becomes shit if there comes more bad news. But honestly I think this month will be a pretty safe and good one.
---- Sources -----
https://stratisplatform.com/2017/09/26/stratis-roadmap-work-progress/
https://stratisplatform.com/2017/09/20/breeze-wallet-with-breeze-privacy-protocol-dev-update/
https://stratisplatform.com/2017/09/15/stratis-identity-proof-of-concept-public-beta-release/
https://stratisplatform.com/2017/08/17/worlds_first_seafood_dedicated_blockchain/
https://bitshares.org/blog/2015/09/11/BitShares-2.0-Launching-on-October-13th/
https://steemit.com/ripple/@nvdm/watch-ripple-closely-on-12-sep-and-around-10-oct-we-can-see-1usd
https://swell.ripple.com/
https://xrphodor.wordpress.com/2017/08/25/ripple-establishes-swell-conference-to-compete-with-sibos/
https://medium.com/the-adex-blog/adex-to-partner-with-esports-platform-eloplay-2bccb4491e6b
https://medium.com/the-adex-blog/adex-updates-progress-on-the-prototype-business-development-and-more-8a0dab94180a
Don't just keep an eye on AdEx :) Advertising is a part of all our lives, they are making it better.
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit