🚀 What Cryptos do YOU Own? 🚀 December 12th
🚀 Every week, I decided to update the different cryptocurrencies I own and would like to ask you which one do you believe in the most in your respective wallet. 🚀
This is the 13th weekly: "What cryptos do You own?"
As I work in finance, Stock Markets polls are very useful for fund managers to understand what investors own because they currently like it and what they do not.
Usually, in the Stock Market, it is not very good to own a stock that everybody owns; it means that most investors bought it already and therefore, future demand will be low.
Whereas understanding which one are under owned is very useful in case a positive news is released on the stock. Since a few investors own it, they will rush to buy some and the price will increase significantly.
My current portfolio and reasons why I own these cryptos:
I sold all my coins except my steem, I just play with Leverage on short term opportunities
I honestly can’t understand the market anymore, it became TOTALLY irrational and it will collapse at some point.
Cryptocurrencies that I used to own
- Ripple (XRP): Signed most of the TOP50 banks and is runned very professionally. It is working with Chinese partners on many projects.
- Steem: If you read this, you know why. I increased my Holdings recently to benefit from the >$1.0 price
- Eosio (EOS): I believe in Dan Larimer; he already developped 2 great projects (Steem and Bitshares) and as the Co-founder of Steemit on @SGTReport said about Dan larimer and its EOS ICO: “The people who say that there is no product yet, Dan has built 2 of them if they think he’s not gonna build the 3rd one, they’re crazy. This is the one he always wanted. The other 2 were just helping him get there”. EOS is showing some nice upward trend recently. I can see some “Whales” are stacking them.
- Ethereum (ETH): In my opinion, it has been the most exciting project in cryptos so far. This project has been copied or inspire many other hot cryptos (NEO, EOS...). Devon3 gathering brought a lot of visibility on Ethereum's next improvements especially on the scalability issue.
- Mysterium (MYST): * The company is developing a Blockchain VPN. As China is trying to implement its Great Internet Wall before 2018, this would block VPN based technology. This project could offer a solution to Chinese and even other people to have more privacy while browsing through the internet.
- Stratis (STRAT): Stratis offers full service capabilities for the development, deployment and management of blockchain applications and solutions utilizing C#. *Stratis tries to make it easier for companies, organisations or other entities to develop a blockchain app.
- Ethereum Classic (ETC): I think it is undervalued, dapps and other projects are using it as the Ethereum network is getting crowded.
- Siacoin (SC): Siacoin is a solution that allow companies to use storage in a decentralize on Siacoin network. “Miners” are renting their storage capacity. It is 5-10x less expensive than with traditional companies as Amazon Web Services, Google, etc…
- Golem (GLM): It is a cryptocurrency allowing you to use the calculating power of the computers connected to its blockchain network. This is useful for companies looking to rent some calculating power for a project, etc…
- Augur (REP): I just like the prediction market project. They have a good team of developers and seem to work very hard on this project. And last but not least but they keep you updated on a weekly basis and were at Devcon3 recently..
My Portfolio on December, 5th
I am long Altcoins and still not interested in BTC
Bitcoin was the first Crypto, but… I always preferred Altcoins (EOS, IOT, XRP, REP…).
Finally, What crypto should I look into at the moment?
And you, What do YOU own?
Please remember this is my personal opinion and not a financial/investment advice. You need to do your own research to make your own decision. Investing in cryptocurrencies can lead to financial losses.
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Holding mostly ETH altcoins such as Ethos, Bitdice and a few others
I just sold half of my LTC holdings at 300 USD per LTC made almost 30x gain on that. I can't be much happier.
The rest of my LTC I am going to HODL them to Oblivion.
WoW that is some impressive returns !
I believed in LTC knew it will boom
good analysis, i like dash, ark et emc2 too
The EOS and IOTA were great holds. I totally missed out as I am mostly in bitcoin cash. I am amaze how one week can change so much. Hope to be on the right side of some coin really soon. Thanks.
Thank you for the comment.
The market is going totally crazy right now.
I owned a wide range of Altcoins, but recently sold everything and went all in with WAVES. It was a smart move that lets me sleep way better ;) Next on my list for a long term investment is ADA.
I started with $300 Bitcoin about 3 months ago but since then the price has rocketed so I started to diversify. I now also hold Ethereum (for CryptoKitties), Bitcoin Cash (Just in case), Bytecoin, Dogecoin, Siacoin and a little Steem. My mindset is longterm HODL and keep adding to the coin collection whenever I get paid in sh*tty fiat. Can't wait until I'm able to quit my job and live off BTC.
Bat, verge, cardano and some eth.