If this is meant to be some form of investment strategy then i can't take you seriously. I will share 2 reasons. No doubt the forum will add a few more.
1. 90% investment in cash. Cash isn't an investment at less than 1% return so unless you think every other form of investment is about to devalue, by comparision, then its like putting it under your bed.
2 Having 1% only in bitcoin. What is the point? bitcoin is high risk with high potential return. 1% suggests you don't believe in Bitcoin so why bother as when it flies off to the moon you will enjoy unprecedented returns on almost F! all!
Seems to me you are worried about losing more than making.
If your net worth is over a million, 1% in BTC is more than enough.  Monetising the portfolio is irrelavent. It's 1%. Also he is suggesting he had ALL his money in Bitcoin and managed to sell at EXACTLY the peak. If I had sold like that, taking into account the current value I would have re invested more than 1% considering we are at cirace $475. Seems to me it's all a lot of hot air to get people to buy into his website for advice u8nless he has a crystal ball and knows EXACTLY when the trough will botoom out of course!
The forecast service builds on in depth analysis and continuously outperforms buy and hold.
But this is not to advertise the forecasting service, it's about seriously protecting wealth in the next years.
Those who don't see the risk and those who dont want any forecast, do not need to follow or read this thread. |
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I like bullbearanalytics.com and bookmarked  |
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Why so few cryptos?
Because
i) Cryptos have the second mover disadvantage. Bitcoin has the first mover advantage and unless bitcoin runs into a major problem, will always be stronger longterm. Just look at Coke. First mover and always ahead of Pepsi, despite unrelentless attempts of Pepsi to take over market leadership.
ii) Most cryptos do not have a big enough competitive advantage or differentiation to overcome barrier i)
iii) Monero might gain more traction and that's why I hold them
Which ones do you suggest. I am happy to get convinced depending on your arguments.OK thanks, but then why so few BTC? 1% doesn't sound a lot, unless you are very rich.
We are talking a couple of thousands here, but more importantly, the point of this is to show the allocation in percentages, so that rich or less rich people can scale it to their needs.
About why no more BTC? I had close to 100% a while ago. But since the 1200 $ top, I went out. I will go in again when I judge the time is right.Can you confirm that you consider the time right after we have had some sustained upward movement. Going for the lower risk approach of seeing the price going up, rather than trying to time the bottom? |
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Why so few cryptos?
Because
i) Cryptos have the second mover disadvantage. Bitcoin has the first mover advantage and unless bitcoin runs into a major problem, will always be stronger longterm. Just look at Coke. First mover and always ahead of Pepsi, despite unrelentless attempts of Pepsi to take over market leadership.
ii) Most cryptos do not have a big enough competitive advantage or differentiation to overcome barrier i)
iii) Monero might gain more traction and that's why I hold them
Which ones do you suggest. I am happy to get convinced depending on your arguments.OK thanks, but then why so few BTC? 1% doesn't sound a lot, unless you are very rich.
We are talking a couple of thousands here, but more importantly, the point of this is to show the allocation in percentages, so that rich or less rich people can scale it to their needs.
About why no more BTC? I had close to 100% a while ago. But since the 1200 $ top, I went out. I will go in again when I judge the time is right. |
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Are you anticipating a bitcoin and alt crypto crash soon?
For bitcoin forecasts, please refer to http://bit.ly/1qUp4qN. To be fair to the huge subscriber pool, we cannot publish the forecasts here.
In general, bitcoin may be stronger than many other assets, but since it is also a speculative vehicle, it may get affected by the ongoing and worsening flight to cash - as people may need to liquidate a lot of assets to pay their bills or cover losses in other assets.
Hope this helps you. |
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Why so few cryptos?
Because
i) Cryptos have the second mover disadvantage. Bitcoin has the first mover advantage and unless bitcoin runs into a major problem, wil always be stronger longterm. Just look at Coke. First mover and always ahead of Pepsi, despite unrelentless attempts of Pepsi to take over market leadership.
ii) Most cryptos do not have a big enough competitive advantage or differentiation to overcome barrier i)
iii) Monero might gain more traction and that's why I hold them
Which ones do you suggest. I am happy to get convinced depending on your arguments. |
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This is to share that I will publish my real asset allocation live here in a regular basis. I do this as it might be helpful to see for people who also agree that we are just before a major financial turbulence.
My hypotheses are:
1) Stocks will crash by 2016 and will mark new 15-20 year lows.
2) Precious metals will survive better but will also decline first before rallying strongly. It is key to own physical precious metal, not paper certificates.
3) The US Dollar will initially fare better against other currencies (particularly against the EUR), but then crash as well and may disappear in its current form by 2017-2018.
4) Overall asset prices and prices of goods will decline = we are in a unprecedented deflation.
You don't have to agree to this view. Most of these views are also similar to those offered on www.bullbearanalytics.com, but this specific thread is solely based on my personal point of view.
Assets September 14, 2014.
90% Cash (USD)
6% Gold
2% Short Stocks (S&P 500)
1% Bitcoin
0.8% Monero
0.2% DIEM (as a "playground play", no serious fundamentals behind)
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Updated altcoin forecast:
ON TRACK.
Specifically Boolberry has hit our target perfectly. Target was 0.009300 and it hit 0.009500 before turning down. Up +84.6% since our BUY reco.
Boolberry new rating is now NEUTRAL / Short term down consolidation.
New update to come in the next days
Good stuff. Following your thread. Here is an update on how the trading ideas for cryptocoins / altcoins fared: All profitable. New forecast coming soon.  |
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Only 11 subscriptions at -20% discount left. hurry up...
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We are not in a bear market. We are in a market where the big guys make more money on dumps than price increases. And dumps are SO much easier.
Of course it is a bear market. If you are supposing that some wealthy entities are enforcing intentionally the bear market. Yes, very likely. But they can only do this as the demand is not strong enough. One other wealthy entity saying "Okay, fine. This price is more then a fair value, I will buy all coins offered for this price" bear market is done instantly. Why it did not happen yet? Are all big players (early adopters, institutional buyers, hedge funds, VCs etc.) are forming a conspiracy? All of them? I would rather deal with wallet street than bitcoin markets.
Bitcoin is a hardcore market. Let the bear market, or in your term "manipulation market" do what it wants to do. You can sell, you can buy, you can hold, but one thing you better should prevent - to get effected by it.
Many people here are invested into bitcoins and always try to find excuses and wild theories why the BTCUSD exchange rate should be higher.
Let's not forget that the only reason people trade is to make profit. And right now this is not on the LONG side. It's that simple.
At least the short and mid term trends are fully DOWN and it's a bear market until it breaks the resistances we monitor.
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We reset the poll.
Bitcoin UP or DOWN?
Vote now
Very mixed sentiment. >Let's see how it turns out after more people voted. |
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Updated altcoin forecast:
ON TRACK.
Specifically Boolberry has hit our target perfectly. Target was 0.009300 and it hit 0.009500 before turning down. Up +84.6% since our BUY reco.
Boolberry new rating is now NEUTRAL / Short term down consolidation.
New update to come in the next days
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We reset the poll.
Bitcoin UP or DOWN?
Vote now
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We are starting to cover altcoins. For a limited time, we publish technical analysis on selected cryptocoins for free here. We cover the ones that are not in our paid service (BTC, LTC, XMR) http://bullbearanalytics.com/bitcoin-subscribe/
This is the first edition:
Of note: Apart from the regular terms and conditions http://bullbearanalytics.com/terms-conditions-disclaimer/, please note that those altcoins have even higher risk and volatility than bitcoin. We do not give any specific trading recommendations, but solely provide technical analysis on those markets.
Are you still doing these updates? I heard it was some other guy that was doing the analysis nowadays. |
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We are starting to cover altcoins. For a limited time, we publish technical analysis on selected cryptocoins for free here. We cover the ones that are not in our paid service (BTC, LTC, XMR) http://bullbearanalytics.com/bitcoin-subscribe/
This is the first edition:
Of note: Apart from the regular terms and conditions http://bullbearanalytics.com/terms-conditions-disclaimer/, please note that those altcoins have even higher risk and volatility than bitcoin. We do not give any specific trading recommendations, but solely provide technical analysis on those markets.
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We are starting to cover altcoins. For a limited time, we publish technical analysis on selected cryptocoins for free here. We cover the ones that are not in our paid service (BTC, LTC, XMR) http://bullbearanalytics.com/bitcoin-subscribe/
This is the first edition:
Of note: Apart from the regular terms and conditions http://bullbearanalytics.com/terms-conditions-disclaimer/, please note that those altcoins have even higher risk and volatility than bitcoin. We do not give any specific trading recommendations, but solely provide technical analysis on those markets.
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We are starting to cover altcoins. For a limited time, we publish technical analysis on selected cryptocoins for free here. We cover the ones that are not in our paid service (BTC, LTC, XMR) http://bullbearanalytics.com/bitcoin-subscribe/
This is the first edition:
Of note: Apart from the regular terms and conditions http://bullbearanalytics.com/terms-conditions-disclaimer/, please note that those altcoins have even higher risk and volatility than bitcoin. We do not give any specific trading recommendations, but solely provide technical analysis on those markets.
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