BECOMING RICH - EP. 20. - Some good ones
I haven't had a losing trade for a long time now, I usually cut my losses short, but they are rare. The key is in focusing on the good information and only exiting after the information changes, I am not really into day trading anymore, riding the market is not my niche anymore.
My ROI certainly makes professional hedge fund managers look like beggars in comparison, I easily made 150% just from Synereo recently that went up to 15000 satoshi, and I have been talking about it for the past 6 months, so it's not like people can miss it if they decide to get interested:
The problem is not even that I lose trades, but I actually miss them. For example I missed the recent Komodo price rise, and I was certain about it's rise but failed to invest in it, well partly because I had capital tied down, but also because I hesitated. But it was good information, I could have easily made money there, but I didn't.
Komodo increased I think because there was some kind of fundraising on some other altcoin that was part of that network, I don't remember which one though. So it was solid info but still failed to act on it, so I missed a 220% ROI. Well it happens.
I have also missed the DASH and ETH rally in the past so it's no big deal, we can't have them all. Almost all altcoins are going up, so we should really not be sad because there is money opportunity everywhere, but yes it's frustrating how money can pass you by.
Synereo
The Synereo price went up probably because of this update release:
As promised it looks like the beta software is coming out soon in June, so the price is reacting accordingly. I have been calling for this for 6 months now, and now finally the price is going up. Looks like my patience was rewarded, because I had plenty of time to prepare myself for this, not trading in the last moment.
Some people have asked in the previous post how much the price will go up... Well I think I will ride this unicorn to the stars. I am not about to sell this, in fact I think the price can go alot higher. I have prepared for this for half a year now, so this is a big one in my opinion.
A once in a lifetime opportunity to join a new social media in the making, it's really a no brained 0.01 BTC easily in my opinion. So that would be like a market cap of 2.2 billion $, which even Steem can reach or maybe Steem can go even higher.
But with Steem that would be only 7.33x multiplier while with Synereo that is 63.61x. So juicy profits in my opinion.
Others
Well I am starting to diversify a little bit, and I have another "Golden Goose" which I am not revealing right now, and I also have another one that I am keeping my eyes on, which I will also keep a secret for now. But I will reveal a few ones that are good:
Golos
It's like the Russian version of Steemit, pretty hot one, it's going up now a lot. I think it's easily worth 50-100 million$, so it could bring some good ROI.
Bitcrystals
Mobile phone card based game, that runs on the blockchain, so it's a hot entanglement into the multi-billion dollar worth gaming community. Definitely a hot coin in my opinion.
There are others too, but I am not revealing them yet. The "Golden Goose" that I codenamed above is the hottest of them all, it could have a similar rank to Synereo in my opinion, so I would try to put equal amounts in both of them since I think both will make huge ROI in the near future.
My Synereo admiration is already known but I am not revealing the "Golden Goose" yet, in fact here is a salted hash for it for later reference so that you will know which one I was talking about when I will reveal it:
Golden Goose = de79c2971d15bba8f38b25a21a351ce3e92e34932d5c2b6a88d52de0da25d331
This hash contains the website of the "Golden Goose" coin, salted of course, so you can't reverse crack it, but I will reference this hash once I reveal it so that you will know that I wan't making stuff up.
That's all for now. I think Synereo and my "Golden Goose" will go up now, plus I think Golos and Bitcrystals will do pretty fine too in the upcoming months. Looks like we will have a very hot summer.
Disclaimer: The information provided on this page might be incorrect. I am not responsible if you lose money using the information on this page! This is not an investment advice, just my opinion and analysis for educational or entertainment purposes.
Sources:
https://pixabay.com
Can I ask what you mean when you say "you think" it will go up? As in the reasoning behind your decisions. New to following you, so maybe you've explained your decision making process in the past. I'm a shorter-term trader than you, with different logic and reasoning, etc....so just wondering what yours is...and how you get your info! Good post!
I have provided plenty of clues as to my thoughtprocess, read the other parts of the series #becomingrich
This is my strategy how I think markets will move based on certain events.
...i must have missed something here......good luck anyways.
"My ROI certainly makes professional hedge fund managers look like beggars in comparison"
Hahaha! I love the way you constantly make fun of common stock-exchange people. It is true, though. Nice article :)
Great post!
By the way, I am happy that you're finally starting to see the light in Golos. I've been in it since day one, both crowdsale and the 2016 Steemit-like "waiting for payouts"-period until they released, and boy has it been a fun ride. I think Golos will have its time in the spotlight very soon which will make it become more famous.
I also speak Russian, so that's nice.
I don't think it will quite reach Steemit, not by far, but I think it will grow paralelly with it, and given that it's still a little bit undervalued, it could go up x2 maybe x3 times as I see it.
Steemit on the other hand can easily go for the 1 billion which is x2, not that far.