SWAN cryptocurrencies
Market drop
As a long term stock market investor I went trough some market drops. Like everything that you do first time and you have no experience, my first drop of stock market was painful and I panicked.
I did't start investing without any knowledge, I was prepared theoretically for market drop but when market has started correction, I have PANICKED and SOLD at LOSS...
I knew all old postulates like:
"buy when there is blood on the streets" or " buy fear and sell hype" or maybe
Warren Buffet's " be fearful when others are greedy and to be greedy only when others are fearful",
But when market start dropping,there are rare people that are new on the market that can hold, see that as a chance for profit and even accumulate more. I was not one of them...
Usually people react on the way like, better save anything than lost all. I was one of them.That was my first painful lesson but without it I wouldn't be successful like I was after it...
This is what is happening now. Crypto market is new, there is lot of people without any investing experience are they are panicking, thinking that everything will go to 0. Some of them start investing with a belief that they gonna become billionaires and when they realize that this is not happening and that they are loosing money instead of earning, panic and selling is there...
I was never GREEDY. Never wanted to earn millions of dollars from 1000$ investment. Chance for it is same like to win at lottery and that is not for me.
My stocks where almost always among dividend aristocrats.
For those who don't know what that means: The Dividend Aristocrats are stocks of companies that have increased their dividend payouts for 25 consecutive years or more.
Even when my first loss happened, I had that type of stocks. With them you can't become super rich but when market is dropping,they are not dropping hard. Most important thing, they pay you dividends so even if market is dropping, you are earning something.This is psychologically very important and every market drop is much easier to take. This is why they are called SWAN stocks.
SWAN means Sleep Well At Night.
At crypto market there is no SWAN cryptos by standard stock market rules.
For me, SWAN cryptos at crypto market are those that have or will have future important use case. With some of them you get passive income and it is much easier to HODL them than others.
My crypto portfolio is diversified, but not even close like my stocks portfolio. Reason is because I buy only cryptos that I have belief in and I don't believe that more than 5%-10% of all cryptos will be successful.
Here is my portfolio:
BTC - I am believer in BTC, here is why: https://steemit.com/bitcoin/@cicbar/bitcoin-use-case-in-my-view-and-why-he-will-stay-a-king
EOS - If they realize promises, it will be game changer platform. Dan is genius, his previous projects are great and I believe EOS will be his master piece. EOS is my largest holding.
NEO - not powerful as EOS but powerful enough to be successful plus you get GAS for holding NEO. Passive income with crypto. Great :-)
STEEM - I love STEEM, believe that Steemit will be huge in future and you can earn with STEEM on many ways. One more passive income crypto :-)
TRX - Tron is one more platform that I have belief in. It was pumped and dumped but it's potential is huge. Their marketing is great, they have many partnerships and they will have future use case. Potentially one more passive income crypto :-)
ADA - Cardano will have similar use case like other platforms for DApp. Crypto world is not Highlander and there is no "there can be only one" rule... I believe several projects will be successful and used and Cardano is one of them. Potentially one more passive income crypto :-)
SMART - SmartCash is much smaller market cap crypto than previous ones but I really like their idea and their community oriented approach. With SmartRewards you have passive income for holding it and dough it is much riskier investment then my other investments with less liquidity on market, 24h volume is around 100000 $, it is my SWAN crypto.
NRVE - Narrative is new rewarding social network that will go live this year. It is differently oriented than Steemit, number of tokens doesn't buy you the power on the network and I believe it will be very successful. For sure bot of them can coexist. ICO is still going on and if you are interested here is link: https://www.narrative.network/
These are my largest holdings and beside them I have smaller investments in BTS, ETP, BCO, OBITS, COSS, XP.
This market drop is normal thing and I am using it to raise my holdings. Even if market go lower from here, I don't regret. It is not easy to correctly catch bottom and I only did that few times in my life. More important thing is to invest in quality projects that will make you Sleep Well At Night.
Like Warren Buffet said: "Better invest in a good company at bad price than bad company at good price"
I would like to know SWAN cryptos in your opinion
This is not investment advice it is only my opinion and if you wont to invest, you should do your own research.
Good Post @cicbar! My biggest holding is Bitshares and I think it is a good time now to add some shares. Did you heard about quint ? The BTS Dex will get a Quint and Fiat on/off Ramp soon. Also every Bitshares holder get a free Whaleshares airdrop. Do your research fellas...
Cool list! I honestly think the NEO will succeed bc it has chinese gov backing. But still hold it :)
IDK about Tron, I feel like it is trying to be everything but since you are a holder can you explain to me why Tron good, the tron cult was not very helpful :( It almost as bad as the ripple cult....
But i never understood Experience Points? What so special about it?
I missed out on NEO earlier but I'm going to stock up on some now that he is back near $60.
I also think stellar is at a bargain right now!
I love the idea behind the SWAN cryptocurrencies and I love your portfolio. I previously held some XP before selling them off. I have some EQL tokens too since it's a self deflatory cryptocurrency. The supply decreases per transaction and I believe this strategy will raise its price in the long term. I will be holding Steem in the long term. For now, I think it's the only cryptocurrency that I will purchase with fiat currency before the bull market.
As a gamer who spent many hours for gaining XP, name attracted me and idea of having currency for games.
You can stake and earn more XP so one more passive income crypto :-). I can't say that I am strong believer in XP success but small speculative investment is OK.
I agree the government backed Cryptocurrencies are going to fail
Stay calm. Bro
?
😂😂😂🤣🤣🤣🤣😂
Never knew about this concept. Learning everyday :)
I'm not selling for the moment, I will keep on hodling, but my faith is decreasing to be honest. Still, I will invest some more money next pay day.
But difficult decisions have to made. So thanks for giving an insight in your portfolio. Probably I will buy some Neo, Steem and have to look into Eos. (And maybe increase my share a little bit more in KCS (LOL)).
Edit: I only did see this post an hour after it was posted! It attracting a lot of attention. Great job!
SWAN stocks should increase dividend payout and KCS is decreasing :-) but most important is if you believe in it than buy :-) I wouldn't :-)
https://steemit.com/fundraising/@jejes/steemit-help-fundraising-for-my-friend-s-father
Hi everyone! pls do help to upvote this post for my friend's father's heart. They need our support right now..
I'm with you and KCS??? Ugggh. That killed me. I am learning to make small careful trades. I made $40 yesterday. :)
Very interesting concept of SWAN cryptos. have you looked at minexcoin? They claim to be very stable in down markets. They pay 70%pa on the cryptos you park with them. They try to stablize the coin price by adjusting their interest payouts.
I have never heard before for Minexcoin(MNX). Thanks for info, I will look for it :-)
Same with smartcash.
Interesting article and also holdings.
Too many people get involved and invest without doing the basics or only buy a coin because they are recommended it.
Investing in crypto is simple and similar to other investments.
Do your research, invest in coins you believe in, and never sell at a loss.
Simples :-)
Good writing mate. Kind of strange you don't even mention eth, which is working on PoS. What's your take on ethereum, I would love to know...you clearly are invested in all best competitors. Cheers!
I respect ETH and admire Vitalik Buterin work.Currently ETH is the best and maybe it will continue to be the best platform for DApp but reversing blockchain is not my cup of tea...
Thanks mate, I agree... Maybe I'm more invested in the community than the technology (which I'm quite ignorant really).
Plasma cash has a big issue in my opinion, node will basically pick what crypto they want to0 "host"
I like your list but I also would throw a few smaller caps in there like Substratum
Substratum is interesting project. I like idea.
That is true but IPFS is more popular heck dtube and dlive run it.
I planing on buy its token filecoin as such
Interesting news! thanks for sharring
Strangely bitcoincash seems to have kept it's value and is edging back upwards. I wonder if they're planning another pump?
I love your posts! this is not the first time!
one point:
EOS is great, ETH was and is great etc... But it will be greater to see projects rise based on these PLATFORMs! after all they are meant to be platforms not only speculative commodities.
if Gold worth, it is because there is use for it. EOS should fund apps and products on its platform. this will be a sign of BUY BUY BUY for me.
can you comment on my concern?
P.S.: "I was never GREEDY." this explained your success overtime in the best way. I have been in stock for two decades and I had the same motto and I have made my life out of it
Last year, 2017. was year of promises and 2018. will be year of deliveries. I have no doubt that EOS with all money and intellect that they have will have many useful DApps.
I can't wait to see that :) I have a startup right now, and all my teammates are also talking about programming on blockchain... maybe we move on EOS too. let's see :)
Again, it's me!
I really appreciate last time you visited my posts, and it means a lot to me; may i have your attention again on my last post ?
It's about steem/us$ trend and a trading opportunity on that
I like your posts and I am following you. Your last post is TA and I don't like TA and that is why I didn't upvote your post 😁
Tecnical analysis?
Sorry I interrupted you by something out of your interest 😞
No, you didn't interrupted me, I just don't vote for things that I don't like. Your post was good for people that like technical analysis :-) you gonna have my support for anything that you post and I like :-)
that's completely understandable. anyway, congrats on your thousand :)
Thanks!
What is TA? 😐