Topic: My Portfolio - page 22. (Read 73139 times)

It's quite diversified to say the least.
I'm always holding between 10 and 15 alts at the same time. Not for short term.

I recently cash out all my initial investment, so from now on, only trade with my wins and zero risk.

I have in descending value order Ripple, Waves, Ubiq, BitBay,Shift, LBRY Credits, Komodo, Lisk, Sia,Spectre, Xaur, Zcl, Ark,Verge,Block,Amp,Xdn,Golem,Xlm, DBG, Wings, Darcrus, Trst,Aragon ,Ardor, Edgeless,Burst,Spreadcoin,Rlc,Lunyr,Humaniq,Zen, Wager(ico) and aeternity ico. Most money make me Waves, Ubiq,Shift, LBRY Credits, Komodo, Lisk, Sia,Spectre. Ripple im planning to sell soon.

Hi Johnny, thanks for all the info, after doing some research i decided to follow you on some coins.

Just a small tip, it would be very useful if you mention the date near your portfolio in your first post when you update the portfolio. Thanks and good luck

@powergear

Out of curiosity, can you share your current positions. At least in which alts you have confidence ?

Have you heard about Bitconnect and lending ?

thanks i'll take a look at TRST

https://www.youtube.com/watch?v=dLHLII_z_p4

Iota on bittfinex soon
https://www.youtube.com/watch?v=yj9j_a_ACB4

I found it.

My approach to cryptocurrencies is similar to seed investing in startups. I create portfolio of 10 - 20 cryptos, and I expect most of them to fail. But hopefully one or two will become the next big thing, and make it all worthwhile. Also I am investing only money I am 100% ready to lose, in fact I regard all my money in cryptos as lost already. Any better outcome is just pleasant surprise.

Steps

First I have to strongly believe that whole industry (cryptocurrencies) is disruptive and is here to stay and take over. And that belief must come from understanding, not blind wishes. For that, some studying is necessary - I read BTC whitepaper and Whitepaper of every cryptocurrency from TOP 10 by market cap to develop a strong base knowledge of the industry. I ask questions on reddit, etc. I stay clear from spam Facebook groups full of hyped up people talking about random price fluctuations.
Then I start researching cryptocurrency by cryptocurrency. I quickly skim through the webpage. If I do not understand the key value proposition of the cryptocurrency, I write it off. I like to understand what I am buying, and there is lot of bullshit out there, with very unclear (if any) value proposition (usually anything regarding social media is bullshit).
If I understand and like the value proposition of a coin or token, I am going to see under which blockchain is it build. Most of them are build under Ethereum. So I ask myself - does it make sense to invest in this coin? Isn’t it better to invest directly into Ethereum? How are they correlated?
If I see the coin is priced pretty low (comparing market cap), I might go directly for the coin. If it already went up couple of hundreds or thousands of %, I might as well invest directly into ETH.
When I decide the price is right, I am going to dig deeper - reading whitepaper, reddit boards (sometimes you find pearls like this ). I ask some hard questions -Is it inflationary and how much? Is it valuable for this project to use blockchain? Most of the services could just as well use SQL database and it wouldn’t matter. I beware of same old business disguising itself as disruptive blockchain tech. There are plenty of them.
I pay special attention to team - who are these guys? How experienced are they? Are they fully committed or is this just a sidekick project? Especially - who are developers and how many of them is there? If I see 7 founders, and only 1–2 are devs (the rest usually being “marketing, community management, finance, sales, visionary…”) I run away.
If the coin passes all these filters, I am going to close my eyes and buy for couple of bucks. I always only buy for as much as I can lose. I am not going to daytrade, stare into charts or panic sell. I am going to let it lie for 1–5 years, occasionally watching and reading the news about project. I also set up some sell limit order for 1/3 - 1/2 of the investment for 300% - 600% to secure a profit and freeroll if it spikes suddenly (which happens a lot here), depends on the coin and my faith in it.
If you made it here, I will reward you with one coin I like. Warning! I do not recommend anything to anyone, this purely me saying what I like. If I said I like jumping into volcano, you surely wouldn’t jump there.

So here it is, I like and trust TRST: Trusted Lending Circles powered by Blockchain

I like the proposition - it is simple yet valuable, it tackles real problem and disrupts rusty and dusty industry.

I like the team - people from Google, EY, etc. They seem like they are in for realz, and not just for quick scam bucks.

I like the price - it still haven’t been pumped crazy high, like many other good coins, and the cap is pretty low too, so I hope there is room for big growth.

I like the project roadmap - it says that there will be many releases throughout 2017, so it will grab more attention soon. Or it will be pretty clear it failed to deliver soon (no need to wait for 5 years with this one!)

I like the fact it’s not traded on many exchanges - that means, it is still pretty undiscovered by many hype traders…and when it will be supported by more exchanges, the price can grow significantly.

Bancor Ico ended https://bancor.network/fundraiser#   147 mln $ raised

Did you look at Bata?

I' not sure good can come from an ICO advertised on blockfolio... Oversubscribed or overhyped?  One I'm looking forward to is omisego on 26th June.

they are selling a lot of tokens. i don't like it. and that only represents 41% of outstanding. 10% going to previous investors. some red flags.

Updated OP with some additions with the market drop

Newbie here just staying away from all the pumped up coins and i read your entire thread i think most of the coins you mentioned already have been pumped up as you predicted ...which one would you still recommend..now i am going with wager,ark , nexus , siacoin & nem (not sure what will happen with these two i think they are already hyped just as maidsafe but again i am a newbie..let me know what you think of this..thanks for this thread  

in the past couple months should be up 300%, small blib on the long term chart. don't worry. hard to look at it. sometimes don't be scared to profit take.

lol, time will tell. It's actually not a token. It's an investment in the team. they are actually trading coins and mining coins. They have ubiq so nice profits there. each quarter they buy back tokens. more details here https://drive.google.com/file/d/0ByqyVzIU5PtFLXp2UGZPcUFYd1U/view

so its not tech. it's a trading/mining company. check out the telegram.

Just buy. It will rise 6x soon, right Johhny? haha

Could you please explain your allure to this coin. Because I don't quite understand the deal... They are obviously small timers and they want to create some crypto review thingy (which they hardly explain and still has to be build from the ground up) and some mining venture - starting with 10 GPUs.

When I read this I read, we've simply copied UBQ because we don't care much about the token itself, please buy it from us so we can start two ventures, something something review and something something mining.

But how do I profit from this. It feels like I'm giving away money, a charity, well during the crowd sale that would've been the case. But now it feels like investing in a meaningless token.

If not clear, I'm not trying to piss on anything. But I read the whole bitcointalk thread of theirs and I simply don't understand the deal. What am I missing

-15% in last 24h on my portfolio

Alts value is very tied to BTC one. What do you think if bitcoin collapse a lot this summer ?
Do you fear a big cash out in july, reducing a lot your BTC holdings value ?