Overview to date

Portfolio value: £126,000

So here’s the first real blog post, and I should sum up the last nine months so you can get an idea where I am. Essentially I have dabbled at some point in hodling (not a typo, Google it if you’re not sure), day trading, flipping and all the other aspects of cryptocurrency to the point where my portfolio is as follows:

I feel I have matured in this time, helped much more by my mistakes than my successes, and my mindset now is to only pick solid coins, hopefully get in early and hodl them until they appreciate enough to take profits which I put into Bitcoin. Given Bitcoin’s power to shift the entire alt market it is not advisable to be more than 50% in alts coins, and really there is no other reason to hold alt coins except to take the profits from them, whether that be to FIAT or BTC. My eventual goal (my eventual goal changes all the time!) is to have enough in Bitcoin to buy a property then cash that out, leaving a substantial amount in Bitcoin. This also depends on the cashing out mechanism, and none of the current ones appeal to me. 2018 will see the answer to that arise, perhaps through TokenPay or Hawala Today.

The biggest game changer for me, and the reason I’m anywhere near where I am, was Dragonchain. This was the first ICO I had participated in and it netted me a 1200% (so far) ROI – about £60,000. This opened my eyes to the power of a good ICO, hence why a large portion of my portfolio is in ICOs. I’m also heavily into KuCoin because it’s a growing exchange and you get daily dividends the more coins you hold, Litecoin because it’s a staple alongside Bitcoin and should have a great 2018, TokenPay and Telcoin (ICOs) and VeChain. VeChain (VET) is a monster of a coin and one that should have a MASSIVE 2018. I also have moon bags of other coins which I’ll reveal as they (hopefully) grow. I’m pretty happy with my portfolio, although I would like more Bitcoin but I feel it may be due a downturn so I’m going to leave off it a bit and see where it goes – if it dips I’ll buy more. 99% of my coins are locked away from exchanges where it’s safer and I’m not tempted to mess with it until it’s profit taking time, but it’s important for me to have a percentage on an exchange to play with (currently VeChain due to an announcement today). This means I get my trading fix and the associated adrenaline without doing much damage to my portfolio.

So how am I going to get to £1m? A combination of hodling Bitcoin for its spikes, solid coins for gradual gains and ICOs for the immense multiplication value (high risk / high return). Most of my tips come from a combination of YouTube crypto gurus, Telegram groups, Twitter and my own research. It’s pretty easy to get wind of the next killer project if you know where to listen.

If you’re reading this and have any questions, please feel free to ask me and I’ll do my best to reply in the next blog post. I hope to write every day or near as I can, so an answer shouldn’t be too far away.

Cheers.

PLEASE NOTE – NOTHING I SAY IN THIS BLOG SHOULD BE TAKEN AS FINANCIAL ADVICE. ALWAYS DO YOUR OWN RESEARCH AND MAKE CALLS BASED ON YOUR OPINION.