Listen, no one has a crystal ball but markets in general behave in patterns mostly because of the peoples behaviors. Humans in general have the same responses to certain situations over the course of generations. Our core desires and needs don't change all that much don't change all that much. So we become very predictable as a whole. Plug that mindset into what you know about boom and bust markets and you can gage where we are right now with the crypto currency and blockchain revolution.
We have gone mainstream. Everyone has heard of bitcoin from the postman to your hairdresser but right now I believe this is where the mainstream is going to push there chips in and we will see rapid increases in value as mass adoption of this new market takes off. Where the bust will come who knows but pay close attention to volume and do your due diligence. Know what your coins or tokens do and what the company behind them is trying to accomplish. Be sure to vet their teams and make sure they are real players and not pretenders. There will come a day that the excitement lessens and everyone who wants in, is in. It's at that moment we should run for the door. If only it was that easy to see. This is a crude chart but it makes the point.
I believe we are at enthusiasm while early adopters are already at exhilaration being they owned Bitcoin and others for single digits before they took off. Also, remember they have nothing to lose at this point either they are all multi millionaires by now but they will start to cash out as things ramp up unfortunately being all these transactions are anonymous no one will know who is bailing. That's why watching volume levels is very important. Seeing huge tilts in selling volumes will be one indicator. I hope this helps you make wise decisions.
I want to give an update of my current holdings and ratings as such.
#1. Bitcoin According to just about everyone it has the most upside but if your not rich and can't afford to buy $17000+ bitcoin. I recommend this strategy which I'm doing myself. I only buy Bitcoin on dips to buy the other coins I want and as you will see I choose the coins with low price and huge upside. The second half of my strategy is mining for my Bitcoin. It is far more affordably and you get daily payouts which you can reinvest in more has power to mine for bigger payouts. If your interested let me know I will do a post on my strategy.
#2 Ripple XRP #3 in market cap. I came into the crypto market with one thing on my mind get as much ripple as I can. Then as I opened my accounts saw how many other opportunities there were and started spreading out a little more and even day trading some. I have since rallied my troops under the XRP banner and have bulked up my position in XRP and will probably buy more up to $1.
#3 Stellar Lumens XLM #13 in market cap and I got in this at .04. I see potential for big gains, maybe not like XRP but still if you get in now a $1 is a windfall.
#4 Cardano ADA #8 in market cap and no one was talking about it. that's another reason I bought it. I got in at .11 and I'm up 100% in 2 days. I bought this based on the market cap and technicals and of course potential upside. I'm not all that familiar with the company and all that being said if anything seems a miss I won't hesitate to exit my position here.
#5 VERGE XVG This is my lottery pick and it's going to pay off my house. I hope. LOL I got in at .01 and yesterday it was up 100%. I see this as similiar to Monero but with better security and anominity. So it's potential is big and being it's at .02 makes me smile.
#6 BYTEcoin BCN I wanted to get in when it was less than a 1/10 of a penny but couldn't find an exchange. I finally found one and got in at .0026 so I missed a little but it has a lot of runway left. It ranks #31 currently in market cap which is huge for a company that's worth 1/5 of a penny. So I am rolling the dice.
I also hold NXT which has an airdrop coming up for IGNIS on the 28th. It's a 2 for 1. Someone said free money so I said yes. All that being said I like NXT. I got it at .47 and it's up nicely.
My last one is my sleeper. I did a post on it yesterday. Diamond DMD. Check out the post. The one thing I should of said in the post is that it pretty much moves in tandem with Bitcoin but it has 17million less coins. So I see massive potential in the future and as long as BTC keeps heading up so will DMD.
I would love to here your thoughts on these are any other coins your interested in. You can subscribe up top and I am working on connecting my twitter account. I give buy alerts on twitter when I come across something that I like.
Invest Wisely my Friend!
Showing posts with label $DMD. Show all posts
Showing posts with label $DMD. Show all posts
Friday, December 15, 2017
Thursday, December 14, 2017
Are Diamonds forever?
Diamonds the hardest substance on earth? They last forever forged over time under great pressure. While researching crypto investments I came across (DMD) Diamond. Who isn't drawn to diamonds? What intrigued me the most was the total shares. Could you believe only around 4,000,000 diamonds will be mined and right now it stands at 2.6 million in circulation. That sold me right there. Then I looked deeper and there is talk about it being interest bearing starting at 25% and tiering down over time. It is yet another privacy coin that declares itself to be like Bitcoin a store of value only with 1/7 the amount of coins. It has doubled in price since I first looked at it and and after I got in it went up another 50%. Diamond could be your new best friend for years to come. Don't take my word for it. Do your own due diligence. I am not a financial advisor and am only stating my views for information purposes only. Here is an article about DMD. Check it out! VERy Sparkly Very Shiny! DIAMOND
If the link doesn't work just copy and paste in your browser.
https://steemit.com/cryptocurrency/@drdmd/fort-diamond-dmd-bitcoins-btc-and-future-interconnected-blockchains
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