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Topic: Turn $10,000 into 1 Million - page 48. (Read 68150 times)

sr. member
Activity: 504
Merit: 250
June 13, 2017, 02:27:45 AM
#81
Amazing, just read all the topic.

If you were a student you will understand what i am saying. To get a 5 it is more difficult than a 10. When you took a 5, you understand the subject and it is not such a big bullshit anymore.

The road from understanding to be good at it is so small.

The same with 10k-1kk. Good luck! Don't forgive me Wink
HR
legendary
Activity: 1176
Merit: 1011
Transparency & Integrity
June 13, 2017, 02:08:11 AM
#80
By showing graphics that were already happened, you can claim to multiply your money by x100 but this is meaningless unless you can achieve it in current market by yourself.

So all of these saying does not mean anything to me. Like getting millionaire.

I'm doing both, one for you and another (the real one) for me.  Grin

The charts show real time prices that can be validated by the time stamps of the posts.


Just sold 2/3 NXT position.


http://i.imgur.com/8nqcdK0.jpg


Rolled part of the proceeds directly back into BTS to bring it back to 2/3 size of the original position (now 2x overweight).


http://i.imgur.com/z1qOl01.jpg


And the rest into LTC again leaving it underweight at 84% of its 50% overall position target. (We'll see how the BTS trade goes, if I get stopped, that will go into LTC for now as well.)


http://i.imgur.com/wa5QEtq.jpg
sr. member
Activity: 291
Merit: 250
June 12, 2017, 06:54:34 PM
#79
It is really cool.
You put 100 k usd to be invested in crypto.
You r planning to get 1 million usd. I have to learn from you.

It will be great if you would like to update this monthly or anytime you have time, it is priceless
full member
Activity: 217
Merit: 100
June 12, 2017, 06:29:28 PM
#78
By showing graphics that were already happened, you can claim to multiply your money by x100 but this is meaningless unless you can achieve it in current market by yourself.

So all of these saying does not mean anything to me. Like getting millionaire.
HR
legendary
Activity: 1176
Merit: 1011
Transparency & Integrity
June 12, 2017, 08:17:16 AM
#77

"Upgraded" NLG to a 10% position.


http://i.imgur.com/rnGERm5.jpg
HR
legendary
Activity: 1176
Merit: 1011
Transparency & Integrity
June 11, 2017, 02:28:37 PM
#76


2/3 BTS position sold.


http://i.imgur.com/v1yQS1s.jpg

Edit: BTS had reached very overbought on the daily chart and was breaking down on the hourly. It had also reached >30% of the the portfolio.

LTC had fallen to a 28% portfolio weighting, so a small percentage goes to bring it up to 30%, and the remaining to stay in BTC to establish 2 more 10% positions with 2 new cryptos the rest in LTC (what I'm interested in has got to come down quite a bit in price first . . .) which brings it back to 50%.


http://i.imgur.com/2GliSxo.jpg

HR
legendary
Activity: 1176
Merit: 1011
Transparency & Integrity
hero member
Activity: 1034
Merit: 558
June 09, 2017, 01:43:04 PM
#74
from 2015 on. it will keep producing more than 5 billions coins every year (10000 mined per block, every minute). When i learned that, i knew it was not going to the Moon anymore Cheesy

Quote
...there is no limit to how many Dogecoins can be produced. This puts Dogecoin in the same league as other inflationary coins. According to the current production schedule, approximately 98 billion coins have been released by February 2015, with block 600,000 mined on February 25. Thereafter, approximately 5.256 billion more coins will be produced per year, in perpetuity.
legendary
Activity: 3276
Merit: 2442
June 09, 2017, 01:16:40 PM
#73
I mined DOGE in the very first weeks even before the very first halving. Such fun. Much coins! I'm amazed it has survived as well as it has! Theoretically it's worth 150 times its current price. Maybe I should give it more respect. Wink
DOGE? nah, i don't think so. It was a different coin at the beginning with promising high and growing user base. but it was killed by change to unlimited supply imo.

Dafuq?

When did that happen? Did Doge become PoS or did they remove the cap and become something like ripple? If that's true then i take my word back. Don't buy it, don't even consider it.

It can get pumped like ripple but if we don't act logically with our choices and support those scam coins, how can we expect the markets to do so? Our choices shape the markets, if the majority act like pump&dumpers, ponzi followers etc then we find ourselves trading with those scammers and common sense will always fail against them.  Cool
hero member
Activity: 1034
Merit: 558
June 09, 2017, 01:09:26 PM
#72
I mined DOGE in the very first weeks even before the very first halving. Such fun. Much coins! I'm amazed it has survived as well as it has! Theoretically it's worth 150 times its current price. Maybe I should give it more respect. Wink
DOGE? nah, i don't think so. It was a different coin at the beginning with promising high and growing user base. but it was killed by change to unlimited supply imo.
HR
legendary
Activity: 1176
Merit: 1011
Transparency & Integrity
June 08, 2017, 05:21:40 PM
#71
I hope you make your dreams real.

I also have nearly the same amount of money tied to cryptos but I just don't have the balls to risk them in alts. I need to take risks too or else it will take 10-20 years for my 10k$ to become 500k$. Wink

A couple of questions though...

1-Why NEM? It's already pumped hardcore. I don't think it's going to make a huge pump and becomes as big as btc or eth from now on.
2-Why NXT? It is surely cheap against the others but I don't think there is anything special about it. But coins like this one usually make the biggest pump when nobody's expecting it. I guess you are depending on that.

Good luck. Smiley

Sidenotes: Doge is dropped to position 20 on coinmarketcap. I think it also has a potential. Reddcoin also seems to be popular. And IOTA, its being advertised big time. IOTA will definitely have some action.

I agree with you about NEM. It's one of my weakest picks from an appreciation potential, which is limited, but it's a bit more established crypto, and supposedly has a corresponding slightly lower risk, and like you I'm very risk adverse.

I really like what I see with Nxt too. They've both got great fundamentals in my opinion. They're both very professional and inspire confidence. Nxt has much greater appreciation potential similar to what I'd like to find in as many places as possible, but the problem is that kind of risk/reward isn't easy to find.

I've got to look more closely at the coins you mention. I mined DOGE in the very first weeks even before the very first halving. Such fun. Much coins! I'm amazed it has survived as well as it has! Theoretically it's worth 150 times its current price. Maybe I should give it more respect. Wink
legendary
Activity: 3276
Merit: 2442
June 08, 2017, 04:56:19 PM
#70
I hope you make your dreams real.

I also have nearly the same amount of money tied to cryptos but I just don't have the balls to risk them in alts. I need to take risks too or else it will take 10-20 years for my 10k$ to become 500k$. Wink

A couple of questions though...

1-Why NEM? It's already pumped hardcore. I don't think it's going to make a huge pump and becomes as big as btc or eth from now on.
2-Why NXT? It is surely cheap against the others but I don't think there is anything special about it. But coins like this one usually make the biggest pump when nobody was expecting it. I guess you are depending on that.

Good luck. Smiley

Sidenotes: Doge is dropped to position 20 on coinmarketcap. I think it also has a potential. Reddcoin also seems to be popular. And IOTA, its being advertised big time. IOTA will definitely have some action after it makes an appearance on the exchanges.
full member
Activity: 448
Merit: 100
June 08, 2017, 04:45:10 PM
#69
This could be the greatest challenge of your life you need to precise buy and sell on that coins and always focused on the graph to make profit also with short term period of time this could be called as a thrill onebut to be honest also with gambling you can make millions of it i had tought that this is really possible if the profit you made you will add that into the percent you place.

Yeah, and it might will certainly include a complete cashout into fiat (or as much as possible) and return at a later date and lower prices. You might even get lucky with rolling into a couple of late cycle plays at the end. But it's the market that dictates, not me. I've got to watch and respond as appropriately as possible. That having been said, my work says there's a long way to go before this intermediate term cycle's up.

I think the biggest challenge a trader has in this kind of market is keeping from getting turned upside down chasing. Wink

And then a close second in gauging market strength trying to avoid the next correction as much as possible, which, again, I think will come from much higher levels.
The fact is that the situation with the crypto currency truism is not only the currency market, but all Bitcoin users, as well as other crypto-currencies. Ever since Bitcoin started to rise several times after the New Year and it seems that my heart can jump out of the chest with excitement.
HR
legendary
Activity: 1176
Merit: 1011
Transparency & Integrity
June 08, 2017, 04:32:24 PM
#68
This could be the greatest challenge of your life you need to precise buy and sell on that coins and always focused on the graph to make profit also with short term period of time this could be called as a thrill onebut to be honest also with gambling you can make millions of it i had tought that this is really possible if the profit you made you will add that into the percent you place.

Yeah, and it might will certainly include a complete cashout into fiat (or as much as possible) and return at a later date and lower prices. You might even get lucky with rolling into a couple of late cycle plays at the end. But it's the market that dictates, not me. I've got to watch and respond as appropriately as possible. That having been said, my work says there's a long way to go before this intermediate term cycle's up.

I think the biggest challenge a trader has in this kind of market is keeping from getting turned upside down chasing. Wink

And then a close second in gauging market strength trying to avoid the next correction as much as possible, which, again, I think will come from much higher levels.
legendary
Activity: 1036
Merit: 1002
June 08, 2017, 04:19:45 PM
#67
This could be the greatest challenge of your life you need to precise buy and sell on that coins and always focused on the graph to make profit also with short term period of time this could be called as a thrill onebut to be honest also with gambling you can make millions of it i had tought that this is really possible if the profit you made you will add that into the percent you place.
HR
legendary
Activity: 1176
Merit: 1011
Transparency & Integrity
June 08, 2017, 03:27:34 PM
#66

I’m quoting myself not to retract, but to update?    Huh

A few days ago I posted this material quoted from the Steem White Paper, which, negatively assessed, was used as justification for “dumping” it.



Quote
“Once STEEM has been purchased it should be converted into SP or SMD to mitigate the impact of dilution over the long-term.

“STEEM is constantly increasing in supply by 100% per year . . .

“Someone who holds STEEM without converting it to SP is diluted by approximately 0.19% per day.”

“Because Steem wants to encourage long-term growth, it is hardwired to allocate 9 STEEM to Steem Power (SP) stakeholders for every 1 STEEM it creates to fund growth throughcontribution incentives. Over time this drives the ratio of the total STEEM value of Steem Power balances to the total of STEEM balances toward 9:1. (It seems likely that the ratio will be somewhat greater than 9:1 due to continued net Powering Up of the newly printed STEEM.) It also means that long-term holders are almost completely protected from the dilution used to fund growth.”

- from the STEEM White Paper https://steem.io/SteemWhitePaper.pdf

“Completely protected”? Until you cash out, of course, since you have to go through STEEM to do that.

For all the great looking technicals in the world (I was introduced to STEEM by the technicals, by the way), you couldn’t get me to stick with something tending to zero.


It turns out that, by chance, I found out that there was a major restructuring of the business model some 7 months ago that was published nowhere except for a blog post on Steemit, and that the White Paper hadn’t been updated to reflect the change(s) either.

What I previously quoted from the Steem White Paper, and what continues to be downloadable from Steem.io , turns out to be erroneous.


I found this out on another BCT thread. You can pick up the conversation starting here, on page 90 of the Steem thread: https://bitcointalksearch.org/topic/m.19416006

Oh well. That bad information only cost us a 10% position double, and one of my favorites as well (as was stated earlier in this thread). We’ll see if we get some weakness to buy. With such laid back administration, I wouldn’t be in too much of a rush though. Anything below 52000 SAT could be interesting, otherwise you've got to just let it go . . .  I think  . . . still can’t believe the general lack of professionalism all across crypto though.
HR
legendary
Activity: 1176
Merit: 1011
Transparency & Integrity
June 04, 2017, 11:06:57 AM
#65
thats nice.
but do you have some strategy for days when massive dumps will occur?

This is a short to intermediate term basket trade, and from here on out the strategy will be to ride them out (if we get any - for anyone not yet positioned, I would view them as buying opportunities until things turn bearish) until I get short to intermediate term sell signals, and then it'll still only be a matter of calm portfolio re-balancing, perhaps even to fiat, but we'll have to see what conditions warrant.  
hero member
Activity: 1034
Merit: 558
June 04, 2017, 05:21:00 AM
#64
thats nice.
but do you have some strategy for days when massive dumps will occur?
HR
legendary
Activity: 1176
Merit: 1011
Transparency & Integrity
June 04, 2017, 04:07:38 AM
#63


1st week performance update


http://i.imgur.com/FSocn1q.png
HR
legendary
Activity: 1176
Merit: 1011
Transparency & Integrity
June 03, 2017, 06:18:02 AM
#62
Wouldn't it be more sensible to keep adding/removing assets based on their market movement and future predictions, rather than keeping a fixed set of assets and locking them for long term?

Anything can go wrong with any of those holdings and it would be wise to come out with profit and invest that into something else which has better future - doing this periodically?

Nothing has been said about the portfolio be locked in. In fact, there's already been a swap out. As with all portfolio management there will also be balancing when necessary, but not in the same degree since the idea here is to let profits run as much as possible within the portfolio itself. Perhaps my choice of words has been somewhat confusing given that portfolio automatically conjures up ideas about conservative money management. Perhaps the term "basket" would be a better choice of words as what I'm doing here is more like working with a basket of favorites that can change over time and where basic portfolio management best practice is also applied to the degree to which it's possible and appropriate with the overall goal. Let's call it HR's Private Crypto Fund.  Cheesy
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