Turn $10,000 into 1 Million

[RichardBTC]

I have done a few deals sigt and onion... Made a couple of bucks... Decided to hold my onions for the long run.

Interesting to see somone have the time and effort to go full tilt at crypto day trading

[HR]

The only thing I would correct with what you said would be to say that you're really "buying" STEEM, and not selling BTC, much like when you buy Apple, for example, we buy AAPL (we don't think of selling USD in that context); when selling BTC, we think of going to fiat, or a fiat equivalent, and then you're out of crypto (either virtually or really) altogether. That's really nitpicking on my part, but little nuances like that can affect the rest of our conceptualizing in a butterfly effect manner, so I mention it, just to be safe.

Thanks again. The only reason I framed it that way was to see if I can truly understand/internalize the supply/demand relationship between altcoins and BTC. I wrote "buying altcoins by selling BTC" to emphasize the fact that when people buy alts, they need to "get rid" of some of their BTC (or ETH, or LTC, etc) to do so. And if they are looking to take profits off the table, they need to buy back BTC before they can again reconvert that BTC to fiat. In other words, in theory, when Altcoin A has seen a good run and starts taking a dip, that's when most people decide to get out...increasing their demand for BTC...which in turn pushes the price of BTC even higher.

But maybe I am overcomplicating things needlessly, given that BTC trading volume is orders of magnitude higher than most altcoins', and that the supply/demand aspect of people getting in and out of Altcoin A would barely cause a dent in BTC price...

Exactly. I only make the distinction with the fact in mind that we were all noobs at some time . . . and to remind myself. 

And I don't think you're overcomplicating in the least, especially considering that Alts as a whole amount to more than 50% of BTC! https://coinmarketcap.com/charts/

BTW, thanks for getting me to look at those charts again . . . it's been a while and I've been meaning to, but seemed to have been getting called away too soon too often. One of the best side effects of this thread: it keeps me on my toes!

[HR]

I'm new to coin trading (not new to investments though) and it seems I found the right thread on the right message board early on. I guess that's something. Already learned a couple things from the discussion.

Just wish folks would stop quoting the larger posts for no good reason. Or maybe edit the relevant quotes. Or a forum software that automatically minimizes the quoted content.

Anyway, the effort put in by HR is much appreciated. When I went through this thread for the first time, I was surprised that not more of the, let's say, more experienced folks simply adopt his strategy with whatever balance they have at their disposal. Well, I guess I know why that doesn't happen. But I digress...

Maybe I should come up with my own challenge: From $100 to $200 without an additional deposit. Or something like that. 

Glad you found the place! Looking forward to having you around.

And I agree with you about the unnecessary reposting of images (contextual content on the other hand I think is important, but only the pertinent) which is one of the reasons why I post the links under the images - to make it easier to backout the image when quoting.

Again, looking forward to your observations about your foray into this wild world of crypto horse trading! 

[Altcoinfanatic]

That having been said, and to answer another question, this one about what was special about my picks, here we have, aside from the technicals, something that is much more objective. LTC is going to be the BTC replacement, doing what BTC once did (safe storage of wealth), and more – it’s faster and more innovative, and will eventually have a much larger real world use market share than BTC. There’s only 4 times as many LTC as there are BTC, which means it should be valued at around $1,100.00 USD at least! It's the best most undervalued coin out there in my opinion. STEEM is a game changer in blogging, period. BTS is the basis for the first decentralized crypto exchange that I think is very possibly here to stay. SYS has a crypto based market place in the pipeline that looks extremely promising. Those are my big plays. PIVX, XMG, NLG and GRS are more speculative, long shot bets. PIVX is using the masternode concept, XMG has a very interesting PoS code base, and GRS is a GPU mine only coin that really protects the interests of the small players thereby making it one of the few truly decentralized widely distributed coins really available to the masses. GRS could be a major winner one of these days. NLG is similar in a number of ways to GRS, and in spite of being aimed chiefly at the Netherlands, could gain worldwide acceptance just as the Swiss Franc has. And just like LTC, they're all either undervalued or extremely undervalued!

LTC: It's faster but not more innovative. What are the innovative parts you speak about? It is certainly not undervalued compared to other segwit activated coins. They got the most users and most adaption of all altcoins. Solid liquidity also.

Which of the coins mentioned above has the best development? It certainly isnt LTC, they just recently got 1 android wallet finally working. I am doubting myself between GRS and NLG. They certainly have top notch developments (better than LTC)

XMG: Their wallet has sync and fork problems. No recent development at all. Bittrex wallet even offline for XMG since 22 aug.

GRS: Why do you think GRS could be a major winner? Is the only reason you picked GRS because its decentralised? What are the benefits of it compared to other coins?

NLG: How is this similar in a number of ways to GRS? They are not truly decentralised but come with their own version of segwit: SegSig. Compared to LTC NLG is extremely undervalued.

Disclaimer: I got BTC, LTC, VTC, SYS, NLG, GRS and VIA (all segwit coins).

[HR]

Looking at your graphs, I guess I'd be the kind of person who would become kinda agitated and obsessed with the Sell-button between 17-6-2017 and 1-7-2017. At the very least I would cash out the initial investment. Good for you for having the willpower and nuts to keep trading without compromise ... ! It definitely has paid off in the last week.

And as mentioned earlier in this thread; your insight in your trading activities could learn novice traders (like me) actually something.

That was a tough period (and into the better part of July) and I'd have to say that having a diversified portfolio that was eventually 30-40% hedged was a big help. The less diversified and more exposed you are, the more the psychological problems, I think. That's my case anyway.

The basics underpinnings of the beast itself were also very convincing. One of my first posts on Steemit, The Crypto Boom! Part 1: Keeping Perspective, helped me to get clear on that.  

[HR]

Now i have nearly 10k$ in bitcoins. If i followed you from the start with that amount, i would have had 60k$! (which nearly equals my whole life savings) That's crazy!

Lol so you are rich dude! You got an amazing amount with you. That will be so yielder if you just use that in technical way. Don’t regret, I think you can make more than $60k just be technical in trade, buy or sell or invest whatever suits you and make money. It is not just difficult.

I am not mentally strong enough to be a trader. I tried it many times. I mostly failed. (not failed actually but didn't make any huge profits like the op did and that is same as failing to me:))

However, I had more luck with hodling. I made less profits compared to OP but at least i sleep well at nights.

I made my pick with "Bitcoin" and i am not going to put any dirt into that bucket. My strategy;

1-If it goes up buy bitcoins.
2-If it goes down buy more bitcoins.

Works fine so far.  

Dollar cost averaging is a very valid strategy, especially when you've got a very long term wind to your back. All my best!

[HR]

What do you base your trades on? News? Charts? Gut feelings?

A little of everything, fundamentals too, not exactly in your order, and hopefully with the gut feelings relegated to a distant last place. 


Seriously, charts are extremely important as it is that they tell you what other market participants are doing. They give me the "heads up", but then I need serious fundamentals to back them up, as well as liquidity and strong indications that those market participants know what they're doing or not by differentiating between technical markets and emotional markets. News is also extremely important, while it's still news, like it is in the "real" world. Gut feelings on the other hand, oh, I don't know, sometimes you research and end up finding out you were right, but I try to never act based on feelings. I don't gamble either. 

[HR]

are any of these coin PoS?

Yes.

[HR]

That having been said, and to answer another question, this one about what was special about my picks, here we have, aside from the technicals, something that is much more objective. LTC is going to be the BTC replacement, doing what BTC once did (safe storage of wealth), and more – it’s faster and more innovative, and will eventually have a much larger real world use market share than BTC. There’s only 4 times as many LTC as there are BTC, which means it should be valued at around $1,100.00 USD at least! It's the best most undervalued coin out there in my opinion. STEEM is a game changer in blogging, period. BTS is the basis for the first decentralized crypto exchange that I think is very possibly here to stay. SYS has a crypto based market place in the pipeline that looks extremely promising. Those are my big plays. PIVX, XMG, NLG and GRS are more speculative, long shot bets. PIVX is using the masternode concept, XMG has a very interesting PoS code base, and GRS is a GPU mine only coin that really protects the interests of the small players thereby making it one of the few truly decentralized widely distributed coins really available to the masses. GRS could be a major winner one of these days. NLG is similar in a number of ways to GRS, and in spite of being aimed chiefly at the Netherlands, could gain worldwide acceptance just as the Swiss Franc has. And just like LTC, they're all either undervalued or extremely undervalued!

I've broken your questions out and answered them below one by one. I was obviously abbreviating, and for obvious reasons, the foremost of which is that I'm on hobby time, I need to continue to try and be brief.

LTC: It's faster but not more innovative. What are the innovative parts you speak about? It is certainly not undervalued compared to other segwit activated coins. They got the most users and most adaption of all altcoins. Solid liquidity also.

LTC beat BTC to SegWit implementation, period. That's more innovated by my book. Remember all the talk about BTC watching to see how it worked out for the rest? LTC was one of BTC's guinea pigs? I don't want to get into a shouting match over this, we've all got our opinions, so maybe I should ask you to start by telling us how BTC is more innovative than LTC (which was the comparison). Here's something else that represents the general trend though which I think clearly puts LTC front of BTC in terms of innovation: https://twitter.com/SatoshiLite/status/902631298073747456

Never said that LTC was more undervalued than others either. Said it was the BEST most undervalued, which is not synonymous with most undervalued.

Which of the coins mentioned above has the best development? It certainly isnt LTC, they just recently got 1 android wallet finally working. I am doubting myself between GRS and NLG. They certainly have top notch developments (better than LTC)

Don't think I even insinuated that LTC has the best development, and I disagree with your top notch development candidates, which I would give to BTS and STEEM hands down, with SYS coming in second. NLG and GRS certainly have good devs doing good things, but my opinion has them running a distant 3rd or 4th, or maybe even 5th and 6th.

XMG: Their wallet has sync and fork problems. No recent development at all. Bittrex wallet even offline for XMG since 22 aug.

That's one of the consequences of that interesting code I alluded to. We'll see if they can work it out. I'm confident they will. I've been following the situation as closely as I can - over 100 pages here on BCT about it, which is a testimony in itself to the strength of that community, one of the three pillars to any successful coin (the other two are price and the coin itself).

GRS: Why do you think GRS could be a major winner? Is the only reason you picked GRS because its decentralised? What are the benefits of it compared to other coins?

GPU only mining makes it one of the few truly available to the masses, as I said above. It's zero handicapped for the average person. That could turn out to be huge. We'll have to wait and see.

NLG: How is this similar in a number of ways to GRS? They are not truly decentralised but come with their own version of segwit: SegSig. Compared to LTC NLG is extremely undervalued.

They're all extremely undervalued, some more, and some less, but yes, GRS and NLG are examples of the more extreme. They're similar in that they are great candidates to become long shot winners. I've followed both for years and watched their development, which, while being very distinct, has many parallels in that they were both nothing coins that have done quite well in putting on a professional image as well as putting together professional products. Not at the same level as SYS by any means, but they're going in the right direction. NLG is certainly ahead of GRS in this regard, but I've got to recognize that the "kids" at GRS are no slacks. They're both coins with strong regional ties as well, with GRS doing more to stress their global reach and NLG content with carving out a strictly regional identity niche, most likely with clear intentions to use that as a launching pad.

Edit: BTW, how is NLG not decentralized?

Disclaimer: I got BTC, LTC, VTC, SYS, NLG, GRS and VIA (all segwit coins).

Not all that glitters is gold. SegWit is no magic wand. I'm planning to limit my SegWit exposure to less than 25% of the portfolio on the next bull cycle.
https://steemit.com/bitcoin/@modprobe/i-looked-into-segwit-and-here-s-what-i-saw

Hope this helps, and do tell my why you think BTC is more innovative than LTC. What am I missing?

[HR]

Hey all, I've been a little more active here the last few days since I've had some extra free time before really getting back to the grind, but I don't want to create any false expectations and I want to be honest with you about this having been an exception.

Hope that all of you who have been following along, perhaps even with real money, and are more senior to the thread can help out more in the future, as I can guarantee you that I will have no ways near the time to answer everything. This has been fun and has come at very timely moment indeed - not only do I enjoy it, but I also learn from it as well - and for as much as I'd like to, it just won't be possible for me to keep up this pace.

I'll try to do my best, and don't worry or wonder why I'm not doing more because now you know.

And with that, it's back to our regularly scheduled programming. 

 

[Altcoinfanatic]

LTC beat BTC to SegWit implementation, period. That's more innovated by my book. Remember all the talk about BTC watching to see how it worked out for the rest? LTC was one of BTC's guinea pigs? I don't want to get into a shouting match over this, we've all got our opinions, so maybe I should ask you to start by telling us how BTC is more innovative than LTC (which was the comparison). Here's something else that represents the general trend though which I think clearly puts LTC front of BTC in terms of innovation: https://twitter.com/SatoshiLite/status/902631298073747456

So GRS, SYS, Monacoin, Digibyte and Vertcoin beat LTC to SegWit implementation. Being first on something that the BTC core team developed isnt innovative. Innovation is the team that created the tech by my book. I am just expressing my opinion here. Do you know that Litecoin didnt create ANYTHING innovative? Everything they got is from BTC devs. Opendime first had BTC support. All the good stuff (think: LN, Confidential transactions, MAST, just anything come from BTC devs and not LTC devs). LTC devs doesnt make ln wallet, they instead ask existing btc ln devs to support ltc also.
Where the SYS, MONA, VIA, GRS, VTC devs forked existing ln project to create it themselves, something that LTC devs can't do.

Don't think I even insinuated that LTC has the best development, and I disagree with your top notch development candidates, which I would give to BTS and STEEM hands down, with SYS coming in second. NLG and GRS certainly have good devs doing good things, but my opinion has them running a distant 3rd or 4th, or maybe even 5th and 6th.

My assesment of top notch development comes from watching their respective github. One can see how many projects there are, how many people are working on them, how often they work on them. SYS had to even hardfork to activate segwit, their softfork failed: not topnotch.

GPU only mining makes it one of the few truly available to the masses, as I said above. It's zero handicapped for the average person. That could turn out to be huge. We'll have to wait and see.

I think VTC is more decentralised compared to GRS. The strongest power of GRS is their many projects. They got many wallets and they all work. No other coin has so many wallets. VTC is asic resistant, real decentralised.

[andrisz]

Hi HR!

I've followed the thread from the beginning, but then haven't been on bitcoin talk for a while. Now I came here mainly to see how you've been doing and was pleasantly surprised of how well you got over the correction in July.
 
Anyway - the main reason I'm reading is to learn from you and so details on your strategies are gold nuggets for me. I have some questions regarding your post on August 28th.
 

As mentioned before in this thread, the rules for more “investment grade” stuff (what I don’t care to become a bagholder with) in a bear market are to limit them to a 5% swing position [...]

OK, let's slow down a [Suspicious link removed] position" - do you mean that in the sense of time? I.e. that in swing trading you trade for days, weeks or even longer vs day trading, which usually happens within a day. If so - isn't all your positions swing positions? I understood that you don't do daytrading?
 

[...] that can also have a 2.5% trading amount added to it

Is this for more speculative trades? Can you give an example of how you had swing position and then trading position for some currency?
 

I’ve got us in an intermediate term upswing at present though, so those figures are now doubled.

Do you mean that by your calculations we're in bear market, but in upswing, therefore you adjust your bear market rules to allow double of those limits?

Whenever they get to 30% portfolio percentages, they get “rebalanced”.

Hmm.. why 30%? If you allow 5% for swing position + 2.5% for trading position and then double it, it's 15%?

Also - why do you think we're in a bear market now? In think we could see a nice run until we get closer to November.

I had all my fiat equivalent in SBD, not USDT.

This is probably a total noob question, by why are they better than just USD?

Thanks!

[mindrust]

I agree with the dude.

LTC has absolutely nothing innovative over BTC. LTC serves as a testnet for BTC

Everything LTC has accomplished before BTC is because LTC has a much smaller community and because of that making upgrades are far easier. LTC devs came up with nothing innovative till now.

It is BTC devs who made the real difference and I hate to admit but also ETH did some with smart contracts stuff. (even though everybody is there for pump&dump and nobody really uses that feature)

[lahje]

hey good luck on your project! im a little jelly, sold my MCO lower than ico price 450 mco gave me some 0.3 btc or something like that, lost couple hundred dollars. care to throw some numbers? how much is that initial 10k worth today? me myself started with 400 euros 4 years ago, and today its worth about 10-12k euros. next stop million? i find it really funny that these "fake" monetary units are worth so much today and it's only the beginning..... i dont even know what to do with that much money, im just holding and accumulating :d its a hobby for me, maybe some day i can buy meself a farm in countryside.

[HR]

Divided my last GRS purchase into 6 equal parts to be offered at scaled prices - short term trading.

Early this morning one went off at .00003380 and another at .00003720.

2/3 the original purchase still on the books.

[neowne]

i made some bad trades and huge losses with these altcoins, but i must say iam new into trading. now i try ico and hope for one coin to jump up

[HR]

LTC beat BTC to SegWit implementation, period. That's more innovated by my book. Remember all the talk about BTC watching to see how it worked out for the rest? LTC was one of BTC's guinea pigs? I don't want to get into a shouting match over this, we've all got our opinions, so maybe I should ask you to start by telling us how BTC is more innovative than LTC (which was the comparison). Here's something else that represents the general trend though which I think clearly puts LTC front of BTC in terms of innovation: https://twitter.com/SatoshiLite/status/902631298073747456

So GRS, SYS, Monacoin, Digibyte and Vertcoin beat LTC to SegWit implementation. Being first on something that the BTC core team developed isnt innovative. Innovation is the team that created the tech by my book. I am just expressing my opinion here. Do you know that Litecoin didnt create ANYTHING innovative? Everything they got is from BTC devs. Opendime first had BTC support. All the good stuff (think: LN, Confidential transactions, MAST, just anything come from BTC devs and not LTC devs). LTC devs doesnt make ln wallet, they instead ask existing btc ln devs to support ltc also.
Where the SYS, MONA, VIA, GRS, VTC devs forked existing ln project to create it themselves, something that LTC devs can't do.

Don't think I even insinuated that LTC has the best development, and I disagree with your top notch development candidates, which I would give to BTS and STEEM hands down, with SYS coming in second. NLG and GRS certainly have good devs doing good things, but my opinion has them running a distant 3rd or 4th, or maybe even 5th and 6th.

My assesment of top notch development comes from watching their respective github. One can see how many projects there are, how many people are working on them, how often they work on them. SYS had to even hardfork to activate segwit, their softfork failed: not topnotch.

GPU only mining makes it one of the few truly available to the masses, as I said above. It's zero handicapped for the average person. That could turn out to be huge. We'll have to wait and see.

I think VTC is more decentralised compared to GRS. The strongest power of GRS is their many projects. They got many wallets and they all work. No other coin has so many wallets. VTC is asic resistant, real decentralised.

Okay, so it’s a semantic thing, so instead of “innovation” let’s just say “doing something” and then add “positive” to the phrase so as to differentiate between insider bickering that leads to aggressive renegade forks bent on the destruction of the original and something else like the original dev coming back to commit full-time after having done one hell of a job helping to take Coinbase worldwide.    Those are a couple of representative examples that highlight the huge differences in the images being projected to the world. LTC looks like it’s moving forward in a positive, progressive manner while BTC looks like it’s becoming a dinosaur that can’t get out of its own way. Innovation, implementation, whatever the wording, let’s talk about who’s deliberately moving forward and who’s fighting progress all along the way. And it’s not for safety’s sake, because LTC is just as safe, if not safer. What’s the figure? Chinese miners make up over 70% of BTC’s hash power? Have you thought about what would happen if for some reason one of those miners went down? How long would the blockchain be frozen for? Okay, I know there’s similar hashrate concentration in LTC, but how would you answer the same question about how long the blockchain would be down if one of the LTC major miners went offline? Very different answers due to the different code bases. Where would you want your money to be if that happened?

In any event, that’s all quite subjective, and we can continue ad infinitum arguing our own opinions, but when it comes to categorical claims regarding objective facts, it would help if you could give concrete reasons for your claims.

As far as the difference between the Core wallets of the different Alts you mention, how is LTC Core any different? Let’s just compare with the GRS Core, for example. I don’t see the difference in the Core wallets. Even the copyrights are the same. I’m not sure about how you get that VTC is more decentralized than GRS either. Could you explain with reasons and examples why you think this to be true? It’s not like I’m not open to debate, it’s just that I need to know what you’re basing your claims on before being able to debate.

I’m all ears, and there’s no rush. I’m open to learning. I would be very grateful if you take the time to outline in detail the different claims you’re making. Perhaps we might go one issue at a time?

BTW, you do have me reevaluating VTC.

[HR]

Hi HR!

I've followed the thread from the beginning, but then haven't been on bitcoin talk for a while. Now I came here mainly to see how you've been doing and was pleasantly surprised of how well you got over the correction in July.
 
Anyway - the main reason I'm reading is to learn from you and so details on your strategies are gold nuggets for me. I have some questions regarding your post on August 28th.
 

As mentioned before in this thread, the rules for more “investment grade” stuff (what I don’t care to become a bagholder with) in a bear market are to limit them to a 5% swing position [...]

OK, let's slow down a [Suspicious link removed] position" - do you mean that in the sense of time? I.e. that in swing trading you trade for days, weeks or even longer vs day trading, which usually happens within a day. If so - isn't all your positions swing positions? I understood that you don't do daytrading?
 

[...] that can also have a 2.5% trading amount added to it

Is this for more speculative trades? Can you give an example of how you had swing position and then trading position for some currency?
 

I’ve got us in an intermediate term upswing at present though, so those figures are now doubled.

Do you mean that by your calculations we're in bear market, but in upswing, therefore you adjust your bear market rules to allow double of those limits?

Whenever they get to 30% portfolio percentages, they get “rebalanced”.

Hmm.. why 30%? If you allow 5% for swing position + 2.5% for trading position and then double it, it's 15%?

Also - why do you think we're in a bear market now? In think we could see a nice run until we get closer to November.

I had all my fiat equivalent in SBD, not USDT.

This is probably a total noob question, by why are they better than just USD?

Thanks!

Hi andrisz, I've answered your questions below.

1) Swing trading: http://www.investopedia.com/terms/s/swingtrading.asp I’d say it could be a bit longer than just a few days though. For me it’s more about targets than time. Swing trades have targets that are higher, something that usually translates into more time. A scalp is a scalp regardless of how much time it takes because I’m looking for a much smaller move, yes, hopefully in a shorter period of time, but if it takes longer, it takes longer. I don’t do day trading, but if my sell goes off 5 minutes after I buy, I don’t complain. Whereas with a larger move, a swing trade that is good for a much bigger gain, I’m originally thinking longer term, but if it comes tomorrow, that’s the way it is. In my view the main difference is the objective you’re shooting for, the difference between accumulation with larger mark up possibilities, and looking to jump on a short term pop.

2) Yes. Swing position + scalp position. Examples here in this thread.

3) Yes.

4) 15% would be the investment max, 30% would be a profit growth mark, but it’s not set in stone; it’s a guideline – something to seriously consider. The idea is to be able to let profits run. If you don’t do that, then you’re going to have serious problems seeing any real growth, and with the severe risk management restrictions I already have in place, we’d really be limiting things to compound interest equivalents if we were to keep balancing anything close to original investment size.

As for "bear market rules", did you look at the second graphic (1st set of charts) I mentioned to ltcdude yesterday? https://bitcointalk.org/index.php?topic=1936239.msg20841065#msg20841065 What does that look like to you? Alts have been struggling since the beginning of June. Yes there have been some Alts that have risen substantially, but they are a lot fewer than in the spring. The overall Alt market cap has risen to significant new all time highs in USD terms, but it has got a lot more selective, and in BTC terms, I think we’d be hard pressed to find an Alt that has gone to new highs (LSK is one that I can think of off the top of my head, but, well, after taking a quick look, I see that XMR has too). And with BTC getting pretty heady, I’m cautious. That’s why I’m generally operating under bear market rules with a very short term “suspension” of those rules while BTC runs higher. Also, one small detail to note: operating under bear market rules does not necessarily mean that we’re in a bear market. In fact, I’ve never said we’re in a bear market – it was a correction, sideways for BTC more or less, and a bigger drawdown for most Alts, and bear market rules were well applied. That having been said, I do think that a bona fide bear market is not too far down the road.

5) With USD you’ve got tax implications to contemplate that can set you back almost as much as simply holding to the bottom of the bear.

[Emitdama]

Perhaps not exactly "trading", but it just might be one of the shortest time frame investments you'll ever make.  

How about a portfolio competition?

Using today’s price to establish opening position cost basis, the following portfolio has a minimum target of $100,000 (if everything goes wrong) and a maximum (still conservative) target of $1,000,000. (Explaining the reasons why goes beyond the scope of this friendly competition.)

Litecoin (LTC) – 50%
BitShares (BTS) – 10%
STEEM (STEEM) – 10%
Syscoin (SYS) – 10%
Nxt (NXT) – 10%
PIVX (PIVX) – 5%
NEM (XEM) – 5%

We’ll see how it does. Wish me luck!


Full Disclosure: I currently hold many of these issues as “long term” investments (but not all at this exact time since I’m still looking for a better entry on one in particular), and could purchase or sell any, at any time, and/or trade short term as well, with the weighting for this “model” portfolio being somewhat different from my own, where, for example, I am currently overweight LTC, BTS and PIVX.


https://i.imgur.com/MqTGARn.png


Edit: Forgot one very small detail at the time: the price of Bitcoin. It's highlighted on the 5 min chart below.


https://i.imgur.com/00lZU8s.jpg

That’s actually a great thing to do, but its not an easy thing, it is a gradual process, you have to have the mind and soul of an investor, turning $10,000 to $1million is not an easy task and it would not happen overnight, it is a gradual thing so you should know that.

[HR]

GRS is running. I've sold 3 more allotments for .0004100, .00004960 and .00006150.

Only have 1/6 of the original buy left.

Good example of a short term scalp that worked out in not too much time (but it was days nonetheless). Hope it's not the beginning of something bigger, but if it is, there will be pullbacks to buy - between you an me though, I'm not holding my breath. 

Made a 45% gain and still have 3000 plus GRS left to [probably] sell on the reaction rally to that really ugly 1 hour candle that just closed. Think I'll set it around .00005300. Nah, going to get greedy and ask .00005500. That'll bring it up to an 80% gain. Nice scalp.

Let's see if I get it.

BTW, if I thought we were in a more bullish environment, I would be going for much more.