Strategy

>Strategy

Well I guess this is turning into a semi shill thread, but that's okay.

I have some ICX also. Amazing project and team, very confident in that one as well.

Haven't heard about BCPT until this moment. It looks like it's still very undervalued. You just might be right about retiring early if you bought in way before now. At a glance it looks like BCPT is quite similar to many other projects, is this a concern for you at all?

I was in the same bout as you user.Bought around 140 at 20 bucks.Sold them during the July scare for 4500.

Learned the hard way about having weak bitch hands.How much are you at right now?

Ouch. IMO TA is extremely unreliably in a market that can be so easily manipulated by large volume holders, and trading bots.

What is your plan now? Are you going to try and get better, or are you going to change your strategy?

I'm not doing as well as I could have been, but I'm feeling pretty good.

I guess to sum up my strategy it would be, put most of your money in projects that have solid tech. Gamble on shitcoins only with a small stack.

Just keep trying to get better. I'm hoping that if I can master TA I'll be able to make rapid gains. I've basically just been going all in in single coins. I've tried using 10-minute, 30-minute, 2-hour, and 6-hour candles. The short ones are too unreliable, and the 6-hour ones are too slow because I get impatient. I think I'll stick with the 2-hour ones.

On the plus side, I've learnt loads about all sorts of indicators. Too bad I keep interpreting them poorly.

Currently all in TRIG.

Ya, i got into BCPT at 40cents (16k coins). I'm not worried at all. This one will be huge. The team has super connections and they're also working on patents. Anyways do some research on it, it's really worth.

BTW I started buying crypto in mid december with a 10k. I started by going all in on tron, sold all of it to go all in on ICX.

my final position is 3k ICX, 16k BCPT, 20k JNT

I'm holding and enjoying life, no daytrading.

I'm fully confident I will be a millionaire by the end of the year.

Well best of luck. Why did you pick TRIG to day trade?

What I do at the beginning of the day is go through every single coin one by one, compare the charts, compile a shortlist, then select just one to put everything in that I think is going up for the day. So the coin I trade changes every day. I've held basically every coin at this point. Other contenders for today were EOS and GTO.

Good shit, I wish I had accumulated more ICX when I had the chance, but it's still one of my major hodings. Thanks for the info on BCPT, looks like a legit project with room for growth.

I hope a similar acronym appearing ( bitcoin private BCTP) won't fuck with its value.

A few months ago. Fuck this board and reddit. Everyone shills what they have and everyone shits on what they sold. For some reason the VEN shilling is on another level. Both here and reddit. So invest in something small market cap that is going to get listed on a decent exchange or something that appears "cheap" on a market exchange to capitalize off new money. MOST IMPORTANT JUST PLACE YOUR BETS AND WALK AWAY. If I check every five minutes I sell too early and buy to high. don't but anything too late at night. I've learned late night buys are stupid I start picking shit because I feel like I am running out of time. Don't listen to all these people making millioins and that its so easy either. They want you to put your money in so you lose it.They are the red walls waiting for you.Another thing. Today like 40 billion in market cap disappeared. Just like that people sold and moved their money out or to something else.

I dont like to day trade but you see some crazy TA like teacup patterns and shit right out of a text book. I dont know if its amateurs who all see the same pattern and buy or if its really works.

this

i worked in bizdev in Silicon Valley for dotcom1 and went bankrupt starting a software company during dotcom2....if no-one on the team page is wearing a tie, they all better have gone to MIT (ENG).....if no one on the advisory level of people is wearing a tie, there is no big money who believes in it
-here's my secret tip....if the marketing chick looks as hot as a mail order bride pic (USfag here), it's the CEO's girlfriend...team isn't gelled

i'm holding as much DRGN as I can because i recognize the value of an entire team, from within a F100 company, who has worked together for years....all defecting together...this happened all the time in the late 90's...many winners

Netscape, Google, Facebook were great early bets, but Andreessen, Brin and Cuckerberg all needed adults in the room before comfort level increased for responsible money to come in

>-here's my secret tip....if the marketing chick looks as hot as a mail order bride pic (USfag here), it's the CEO's girlfriend...team isn't gelled

lmao I've always noticed how many of these startups have a cute little asian as their 'marketer'.

DRGN was one I hesitated on, now it feels like its too late to get in at the level I would like. I think their icon needs a serious looking at, but at least its unique.

...

forgot to say, the Russian team marketing chicks are best.....if i make it, i'm going all in on the Slav version of "how much for this one" meme

My investment strategy is easy: Find smallcap ED shitcoins whose aim is to use their tokens in a contained environment. Right now, there are hundreds of projects looking to dethrone The King. One of them will win. The rest of them will lose. But for projects whose tokens are meant to be used, and burned, in some sort of proprietary environment seem to offer protection against The Collapse. They're unlikely to go 10000x, but I think they're probably immune to lots of other pressures. KIN is a good enough example of what I'm talking about.

I fucking despise Etherdelta, but the opportunity on coins like that is so huge that I might have to bite the bullet and move my swing trading over there. Kucoin has been good to me, but pretty much everything I am going in on is already getting gobbled up hardcore by the time I figure out that it's a good pick.

>identifying and holding coins based on quality of the team and product,
Is that it? Im new to all of this and Ive been looking around to find out how a solid investiment looks like in this market and apparently thats all that stands out, ever: good team, good plan. Is that really all there is to picking a coin? Ofc those are characteristics they share with sucessful coins but arent there other more specific and also important things to check?

like it

the crash (be it dramatic or gradual) will consolite the platform winners....then next big money will be on who can dominate a particular business problem within a given vertical

Well we have a thread like this so we can compare and contrast our strategy with other traders.

This article is about trading small cap coins, but it has some great advice about how to vet a coin as a legitimate venture. Take note of the sections about bitcointalk and website/telegram/twitter, etc.

Basically, a coin is going to see growth and interest in the short term the more legitimate they look, and the more active they are in marketing their product, because it builds trust between them and the community.

medium.com/@daytradernik/picking-out-microcaps-101-2215a5782691

Then again some people don't give a shit about any of that, and go purely on charts and hype, and seem to do extremely well. There are multiple ways to do it. Like I said I'm very risk averse, so I have to check things out carefully so that I can sleep at night while doing this shit.

Can anyone tell me whether I'm retarded for doing the shotgun approach?

I've tripled my investment in a month just by buying medium to medium-low market-cap coins that I think have a real use case and don't have devs sitting around with their thumbs up their asses. Slightly heavy emphasis on Asian coins. I just buy up bits of all of them and try to keep a more or less even distribution.

I just got done with a significant reallocation of profits into other coins and my portfolio looks like pic related. (Yes there's two shitcoins in there that had bullish graphs, sue me. Those funds are just waiting for an ICO.)

My reasoning is that if even ONE of these coins pulls a >1000%, I'll have met my goal and can withdraw that and just hodl the rest to see what happens.

>December 22th (2017)
> At first was searching proyects with good team, whitepapper, page and that resolves some problems in nowadays. Started thinking in daytrading from December 29-30th, at beginning was just hodl. I am not satisfied
> In the first day.
> So so, I started with 1.200$ and now I have 2000$-2500$ depending of the price. I am not satisfied with my stategy : First,I loose so many potential moonings because of daytradings. I could be now at 6k$-8k$. At the beginning I bought Wabi and Iota (was thinking between Iota and Raiblocks).My first fail comes with buying a little high Iota and Wabi in the mooning. Because after that i was thinking daytrading i could´t do anything because there was like 4-5 days of low prices of Iota and Wabi. The second fail was buying Iota itsefl (not enought information was recolected and i miss a good proyect : Raiblock). I sold Wabi at high a couple days ago AND IOta at lose (only 50$). My first good choice was DBC and FUN, but I ruined with the daytrading strategy. I choose not the best moment to sell DBC and Fun, but it never was at loose. I get some extra $, but missed moar money. And other problem was that i bought ECA and wanted to buy moar while is moonin, so i sold DBC when it was going to fall at high and withdraw that money to buy ECA. I thought that i will buy some and then sell at high to buy (50% of eca) DBC. But after a couple hours the god damn coinsmarkets fell down for almost 6 fucking days. So i missed the mooning of DBC and of FUN because of a rapid decision and bad luck. I sold Fun too at hight but it was not enought high and at that moment he moons to 0.22. But i missed the train so i found another good proyect ICO to invest and it was Crypterium. Now I am wanting March or February when Crypterium will be listed on some exchanges. And waiting for coinsmarkets. I want to withdraw my 3.18 litecoins from that exchange to buy FUN (Fun is on dip right now) and will hold my 64k ECAs.

>Can anyone tell me whether I'm retarded for doing the shotgun approach?
>I've tripled my investment in a month

I don't know man but 300% in a month is pretty fucking great.

Only problem I see is that you lower performing picks are going to run out of steam at some point, and will need to be shuffled into new projects.

Also things like today where ETH surges and hits most low performing alts pretty bad.

If you're going to diversify maybe consider holding a majority in the trading pair (eth) that you buy your other picks with to shield yourself.

You're doing a lot of trading and learning a lot. You also doubled your money in only 20 days despite some bad luck.

Keep it up and you won't be a poorfag for long.

Thanks man. Next week I'm actually going to be selling off the XMR and XRB for C20, a tokenized index fund of the top 20 coins by market cap. It's outperformed BTC and ETH so far and shows more resistance to dips than any of the individual alts in the top 20, so it seems like a good base to shield against individual lower MC coins shitting the bed.

i think so

in the late 90's. it you had $20k and if you were able to participate in $2k pre IPO stock pricing of 10 promising companies, based on concept and team fundamentals.....for sure, one or more is going hit....great stategy

and here is why crypto is bigger:

dot com (in US) - unless you were lucky enough to be working for one of these companies pre IPO, only high networth individuals could participate and social media buzz was Wired Magazine....as an actual magazine

crypto - no high net worth barriers to entry, social media is social media......and memes are powerful enough to elect Donald Trump

wealth / power dynamic will so fundamentally change AGAIN in my lifetime....that is so fucking awesome

crypto - wo

Also one big lesson I learned was that for a coin with a great team and great project, that big sell walls at ATLs and dips was nine times out of ten whale manipulation and actually a good time to buy up. I used to just assume this was because the coin was legitimately losing value.

The key is to look at the project itself and how it’s progressing. If it’s progressing then sooner or later that whales will stop accumulating and it will go up.

For example while ubiq has slowly dropped in its ranking, GeoCoin is shifting over to be a token of UBIQ. (As opposed to ETH or any other platform). This signals to me a bright future for ubiq and Potently good growth this year, as the project is obvious doing well and growing

Cont.
My objective is to get one million $ in this year (optimistic scenario) and minimum 100k$ (pessimistic). I learned many things : 1) Don´t be too greedy. Sometimes I missed moons because was too greedy to buy a coin at price that was not too far from my last selling. I just wanted moar dip that didn´t happen and then it was too high to buy. 2) If you believe in something, because it´s seems to be a good proyect , has a good product and plan, don´t sell it to daytrade with other coins. If you daytrade, do it only with that coin. I missed 4-5k$ in potention because of that. Maybe if coinsmarket was online I will be at 4k$ (with DBC), but, well, shit happens. 3) Wait patienly for dip.It will be always and never buy at high (I am sceptical when something is up moar than +10-20%. Yes, sometimes it goes to +100% within an hour, but for me it´s too risky and you never knows when it´s going to fall. 4) If I do daytrading, i should wait moar and not to sell too early. Sometimes I did a mistake to sell too early because I thought it going down but at the same time I see in the graphics that the trend was going to be more up.

>C20, a tokenized index fund of the top 20 coins by market cap

sounds comfy as fuck, easy way to take advantage of overall growing market cap

Thanks, buddy. I hope I will get one million. It´s so important for me. If i get it, I will have a possibility to finish my high education in a good university and not being a slave in my thirdworld country that doesn´t have a valid degree for my profession (internationally). Then I could achieve my independence from my family, would go away bulding a house and living alone. And most important, I could continue to invest or to start a bussines in the country that i would like to live. And of course i will pay my father debt. God dammit, it s a fucking dream.

careful to not let all those emotions control you. Acknowledge them, let them flow, but do not let them make the final call, ever. Especially while trading.

>C20, a tokenized index fund of the top 20 coins by market cap

nice find - thanks user

*this is such a polite & comfy thread....no shilling, no unsafe language, people looking to help out other anons....what is all you niggers over 30?

be careful if you start to do really well my man...money does insane things to people, even your family members

crypto is the most amazing opportunity for people in your position in a poor-ish country, but its probably also lawless if you describe it as third world

keep it a secret at all costs

so important.

treat crypto like a numbers game until the day you cash out. Keep yourself centered in the here and now instead of in your dreams.

Because this shit has the potential to burn us if we get attached to it

Yeah, I am aware of that. For that reason I don´t want to put in ECA 50% of my capital. It´s seems to be a scamm, so I changed my mind from "to be rich with ECA" and will buy FUN instead of buying moar ECA. It could be a mistake, and maybe ECA will reach 1$ at the final of december, but at least it s not a lose.

I'm 35. Just tired of the constant shilling and meme threads on Veeky Forums. The only thing I'm going to be doing today is holding my ETH until this run is over, so I figured a comfy thread would be nice for a change.

Time to go to breakfast. Thanks for a real thread for a change and good luck.

Well, my brother and father are good bastards besides of some ideological confrotation that we had (they believe in alternative medicine while I am an scientifist and love analytical philosophy. We live in third world (South America) but we are Russians.My familly is kind of solitary tribe. Everyone does their things in their rooms and I know that human is selfish. For that reason not many people will know it and it´s not so dangerous my City, but, of course, should take precautions. And maybe when I get it I will go away from the country to continue my studies. My best friend would know it because he is the principal investor that gave me money to do trading. He work all day and he can´t do this, but he had some moneys while I don´t have a job but have a lot of time. At the end we will divide the gains (50/50). So if I get one million, 500k will be for me(an actually it´s enough for me to change my future)

My strategy is to go all in on ZCL, get that sweet BTCP, and become rich as fuck.

Unfortunately I only have 45 ZCL so that last part probably won't happen.

what do you guys think about BAT and ICX?

BAT seems a good shit. If they don´t had a competitor like them i think it´s a good proyect to invest.

My strategy?
I throw 20% of my monthly salary into ETH and ERC20 tokens. Served me well for the past six months.

Strategy: NEBL maximalist

best way to go is CAPP, APPS, QLink, QTUM, ETH at the moment.