CryptoNoob: Part 4
So, after learning my lessons described in previous 3 parts i got more disciplined. I learned a lot. I decided to diversify. As you all know December was a lot of fun - bull run, then correction, then bull run again.
I think it all started with Lightcoin. I think it was one of the first ones which started getting pumped. I remember buying it at around 100$, with caution, sharp stop loss (5%). Looking at the price history it was crazy - 100$ for a Lightcoin!?? But it kept growing so i kept investing and moving my stop loss margin. Idea was that if stop loss gets triggered and i lose some of my latest investment, previous investments i made (including ones when Lightcoin was 100$) will cover that.
In the end, i got rid of all #Lightcoins at 270$ i think. It continued going up even after i sold, so i invested additional money (which is currently sitting in my #LTC bag, waiting for some happier times) but i was happy in general as i invested back only 25% of entire profit i made with Litecoin.
In the meantime other coins started pumping. Not sure if you remember, but there was a time when among top 100 coins, you couldn't find a single one cheap! I was so happy seeing my #Cardano i've got at 3c going up. #Ripple, my mid-term investment, going up. Ethereum (finally) as well.
I started looking for "cheap" alts among top 100 for a short term profit. What i did actually was:
- Sorting out top 100 coins by available supply
- Comparing prices and promises of coins with similar available supply.
That's how i found #Verge (#XVG) and #DigiByte (#DGB). Oh boy, that was sweet! I invested about 100$ into #Verge when it was around 0.6$. In #DGB i also invested 100$ when it was a bit more than 0.01$. I guess i was lucky. I wasn't sure if those coins will moon or not, but:
- Everything started mooing, coins were pumped one by one. Why these shouldn't?
- They were one of the last remaining "cheap" coins among top 100 and pump of December looked like other CryptoNoobs like buying coins according to cheap fiat price.
When #JohnMcAfee pumped those two coins i went nuts :) Not because of the money, but because "i was right". Optimistic part of my brain was going ham yelling "i told you so" to the pessimistic part.
I sold those. Again, hoping for #XVG #Wraith protocol to do miracles i reinvested part of my profits back to XVG later on (still holding those bags) but using those profits i managed to buy more coins and expan my holdings. As of now, my blockfolio looks like this:
"Hail Mary" investments:
#Cindicator (#CND): got it on 03.01. for 0.1$ Short term, to be sold whenever i get lucky with the price
#OP Coin (#OPC). New staking coin, got it on #Cryptopia on 12.01. 16.01. and 17.01. for 0.06, 0.03 and 0.025$. Got it only because it was released just a week before, it's staking, decent max suppy, only on Cryptopia so far. Looks like a total shitcoin, but so far i've got around 100$ worth of stakes (so i basically returned my investment). First few months they are trying to increase popularity of #OPC by insane staking rewards.
#Flixx. Got it on 24.12. for 0.3$. No comment on this one, pure gambling.
#Senderon (#SDR): Got it on 13.01. for 0.025$. Gambling, to be dumped when someone pumps it.
#Quark (#QRK): Got it on 13.01. for 0.048$. Have no idea what's this, waiting for some pump :)
#SimpleToken (#OST): Got it on 24.12. for 0.27$. No comment, gambling on it.
#GoCoin (#XGOX): Another staking coin. I wanted to utilize the fact my office PC is running 24/7. I got this coin on 13.01. for 0.013$ and on 18.01. i received a huge stake which almost payed off my initial investment. Since then no new stakes. I'll also dump this when it got pumped (by accident, if ever)
#Gifto (#GTO). Got it on 24.12. for 0.27$. Have no idea what's this....
#DigitalNote (#XDN): Got it on 03.01. for 0.02$. I could do better but... i don't really believe this coin, but let's see.
#Snovio (#SNOV): Got it on 05.01. for 0.16$. I don't believe in this coin as well. Will be dumped when price goes green.
#AdToken (#ADT): Got it on 02.01. for 0.11$. I got it only so that i cover few major "ads related coins" and balance a bit my #BAT holdings.
#Kubera (#KBR): Got it on 13.01. for 0.028$. To be dumped.
#Bitbean (#BITB): got it on 01.02. for 0.009$. I want to try staking this coin.
"This could work" mid term investments:
#KuCoin (#KCS): Got it on 10.01. for 17.52$. I think i jumped here a bit, made a mistake as i payed "tax for noobs". I'll leave it in my account, it could go up. I mean why not, i don't have to feed it!
#Civic (#CVC): Got it on 24.12. for 0.63$. Now, i started losing my faith in Civic recently. I'll keep it anyway, let's see what will happen in 6 months....
#SpectreCoin (#XSpec): Again, it could work... I got it on 04.01. for 5.41$. As you can see the pattern - end of December and beginning of January i had profits from other coins, i was bored so i started spending like drunk millionaire...
#Dent: Got it on 03.01. for 0.03. Nice idea. Not 100% sure it would "fly" but let's see.
#Lend: got it on 24.12. for 0.07$. So far in profits, this coin could gain some traction, keeping it for couple of months
#Edgless (#EDG): Got it on 27.01. for 1.43$. I payed premium price for this coin but i'm not concerned. For 2018 they have a nice roadmap, they'll start tackling sports betting and in December they got a gambling licence so this price dump is not making me nervous....
#Lumens (#XLM): Got them in November for 0.036$. Sold 15% on 03.01. to regain some of my initial investments.
#Funfair (#Fun): coin that won "Sigma Malta 2017 ICO of the year" award. Participated in big London ICE gaming expo few days ago. Another gambling coin (my counter to #EDG holdings). I purchased it on 24.12 and 04.01 for 0.06 and 0.14$. I hold it as from my own sources i heard that some very important people from Malta betting business like this project and people involved a lot... Just sayin'
Long term holds (or better HODLs):
#Icon (#ICX): Got it on 31.12. for 4.68$.
#BasicAttentionCoin (#BAT): got it long ago in November for price of 0.15$. Sold half on 01.02. but very bullish long term. Coin created by the guy who created #JavaScript, co-founder of #Mozilla. I think those are nice references....
#Nano (#RaiBlocks or #XRB): Got it on 26.01. for 17.59$ I think this has a long term potential
#Quantstamp (#QSP): HODLing. Got it on 25.12 and 26.01. for 0.16 and 0.42$ Also on 02.02. for 0.3$. I think this could go huge.
#EOS i got on 15.01. for 13.46$ Big price but i don't care, i'm not holding it just to sell in a month.
#Substratum (#SUB): got it on 25.12. for 0.78$. Who would say it can go lower than that....
#Ethereum (#ETH): i got on 26.09. for 303$. First coin i bought. Spent one for #Digitex ICO (more on that later)
#NEO: In total i have 9 of them. I got 3 on 28.11 for 30 something. I got 6 more on 08.12. because i sold some #Waves i had and doubled my investment. All that went into #NEO. I'm happy. Haven't sold a single one since then.
#Cardano (#ADA): Got around 11000 on 21.11 for 0.03$. Will go huge for sure. I haven't sold a single one so far. The force is strong with this one.
#Steem i got on 29.12. for 3.54$. Nice buy i think...
#Ripple (#XRP) i've got long time ago, on 27.09. for 0.21$. Sold 30% to gain some profit when it hit 2.3$. As Borat would say "Great success".
#Oyster (#PRL): I'm not proud when it comes to this one. I caved in and got it on ABSOLUTE peak for 3.98$ I think that price lasted only while i was buying, that price was invented only so that i could go and get #PRL and get burned.... Later on i got some more on 1.54$ but.... take a look at #PRL price now....
I think that project is great, has good potential, it's my hedge against #BAT and #ADT. It just needs a bit of marketing...#Digitex: I got involved in Digitex in pre-ico stage due to some of my contacts. For 2 ETH i managed to get total of 500 000 Digitex coins. Digitex features platform will be released in summer and i have a high hopes for this 1B total supply token. I think this was one of my best buys so far, let me put two Borats to approve this:
Long list.... Hope you're still awake. Anyway, seems like this crypto winter could be over. I'm like a bear going out of his cave. Haven't sold anything during this period, haven't panicked, i know prices will go up again. Most important - i haven't invested too much so i don't care even if i lost it all (my #Digitex is exception here :D ). Hope you did good as well and used this opportunity to get into coins for nice prices.