If you prefer Medium, please use the link here:
https://medium.com/@cryptkeeperofficial/cryptkeepers-rant-picks-for-q4-2017-775ca99a023cAt the beginning of 2017 I posted my picks on crypto projects worth mining for Nvidia GPU’s and also alt coins worth holding, why? Because I was bored, slightly drunk and inspired by the potential of Bitcoin and blockchain technology.
Whether or not Satoshi Nakamoto was one person, a team of people, or hell the NSA, CIA, FBI, KGB, RPG, JPG…Bitcoin and the code behind it has brought life to an archaic system, the financial system, and how email started to gain traction in the early 90’s, Bitcoin and digital currency has brought a mathematical approach to financial security which to say at the very least puts centralized database’s out of business…Hi Equifax. Not to mention a store of value with a fixed supply, hi Gold, or bye Gold.
So, for the nerds out there, welcome to my somewhat quarterly crypto rant and personal picks for Q4 2017. You can view my previous articles on Bitcointalk Q1
https://bitcointalksearch.org/topic/cryptkeepers-alt-picks-for-q1-2017-nvidiacuda-miners-1780829 & Q3
https://bitcointalksearch.org/topic/cryptkeepers-rant-alt-picks-for-q3-2017-nvidiacuda-miners-2076997 ← here. Q2 was for private investors ONLY who paid me millions of bitcoins, kidding, fuck anyone who does that, I’m talking to you half of the cryptocurrency channels on youtube, be wary of those fuckers, do your own research and don’t pay someone for “private” financial advice, it’s like putting your dick in a snake hole, 2 of 3 will most likely bite it and slither away with the tip, no pun intended.
Cryptocurrency is new and fragile, and none of us have any clue what the hell is going to happen, only research and understanding of the project at hand which forms our decisions and opinions at the end of the day is the best we can do which can somewhat guide us in the right direction. With new industries comes high volatility, uncertainty and distorted knowledge (ie. people thinking they know what their talking about) so speaking of people not knowing what their talking about, here was my Q1 picks and holds this year on Feb 7th, 2017.
Q1 2017 Mining Picks (Feb 7th, 2017):
Nvidia/CUDA Mining Picks: (Hash based on Nvidia GTX 1070)
1. Decred (DCR) Algo: decred — Hash: 2460.00 MH/s
2. VertCoin (VTC) Algo: lyra2v2 — Hash: 18.57 MH/s
3. LBRY (LBC) Algo: lbry — Hash: 254.95 MH/s
4. NEVA (NEVA) Algo: blake2s — Hash: 3704.05 MH/s
5. Myriad (MYR) Algo: skein — Hash: 375.80 MH/s
6. Verge (XVG) Multi-Algo: blake2s/lyra2v2
Q1 2017 Altcoin Holds:
1. Decred (DCR) Overall Gain since Jan 16th +2700.80%
2. WAVES (WAVES) Overall gain since Jan 16th +2140.44%
3. Stratis (STRAT) Overall gain since Jan 16th +16,721.71%
4. EmerCoin (EMC) Overall gain since Jan 16th +399.00%
5. Counterparty (XCP) Overall gain since Jan 16th +234.70%
6. Litecoin (LTC) Overall gain since Jan 16th +1,127.87%
In January 2017 every alt wasn’t even close to the high’s we’re seeing today. Many say that anyone who invested in early 2017 was hard to go wrong, and I completely agree… 90% of all cryptos jumped 200%–10,000%+ with Bitcoin leading the way. That being said, a lot of noobs (myself included) think they have a grasp on the digital crypto market now that we’ve seen massive gains, and to be completely honest, it’s almost impossible to gauge.
With extreme volatility comes extreme gains, so, be careful, and do your own research into each project, company, ico, coin, crypto, bitcoin, titcoin, hitcoin, shitcoin, you know the drill, do your own due diligence, the game is fun but buggy, new and unforgiving.
Diverting back to alt coins and currencies that follow Bitcoin, research needs to be applied to each project and team, from their whitepaper to critique of their bitcointalk thread, website, github, wallet, dev team, algorithm, coin supply, twitter and new tech or idea that layers upon bitcoin’s initial protocol.
So overall, this year has been an absolute monster run, but with anything, the ups and downs in this world of cryptocurrency are highly unpredictable. The picks below are based on my own research and are what I’m holding for the long run, each project has it’s use case, and I encourage you to do your own research before investing.
Disclaimer: Do your own research, I’m in noway a financial advisor, this is my own opinion and not financial advice.To Holdl:
Bitcoin (BTC)
Ethereum (ETH)
Monero (XMR)
Litecoin (LTC)
Decred (DCR)
Civic (CVC)
NEO (NEO)
Vertcoin (VTC)
ZCoin (XZC)
OmiseGO (OMG)To Mine:
AEON — (AEON)
Vertcoin — (VTC)
Monero — (XMR)
Decred — (DCR)
Iridium — (IRD)