Buy OX (ZRX)
Ox is a decentralised exchange, and their token value has gone up. They have a good solid team behind the project and a limited token supply, further they have the support of strong investors and advisors. And I heard that hedge funds are buying in.
My personal opinion is that we must line up our ducks, these cryptocurrencies are going to the moon over the next few years and we want to make our financial dreams come true don't we. I mean why else we doing this. The government is not exactly supporting us realise our dreams are they? on the contrary they keep us under their thumb; You only have to look at the way money is created to know that. I bid you well my friends!
Over time I wish to expand on my crypto journey and hope to chronicle it here including my current portfolio. I am not the expert just so you guys know. However I believe with the right information and not going crazy we can do this. The above recommendation is a speculative play and should be put into your speculative play portfolio.
We must have two portfolios, one will be our Gold Standard Portfolio and the the other the Spec Portfolio.
the difference between the two is simple;
Gold Standard Portfolio will contain the strongest crypto's and weighted accordingly rough guidelines;
Bitcoin (BTC), 35%
Ethereum (ETC), 30%
Zcash (ZEC), 25%
Monero (XMR), 25%
Litecoin (LTC) 10%
Spec Portfolio contains the more riskier plays, we will try to get them with reasonably good fundamentals, we are not gambling we are investing and using probabilities that they will succeed. Current holding for this portfolio OX (ZRX) at 30%
Spec Portfolio
Ox (ZRX) 20%
And if you want to play the smaller and notably much higher risk altcoins I advise a third portfolio for this we shall call it;
BallsToTheWalls Portfolio *BTW for short ;)
BTW Portfolio
(my current holdings: do not copy me, I am merely chronicling my journey so that it may help you in yours; ETN and La, I was lucky to have joined the ICO's (initial coin offerings and I did well in them, ATL I did an ICO also but a very small amount, sods law it did extremely well but I am up around 15$) one of the reasons I bought into small coins many of which were under 50c when I got them. Bear in mind many Altcoins are likely to disappear or go to zero as this new market place begins to establish itself, my suspicion is it will take a few years for that happen. First the main stream investors have to plow into the market we should see great hype and hysteria like the Dot.com boom!
Ripple (XRP)
Atlant (ATL)
NEM (XEM)
LaToken (LA)
Golem (GNT)
Stellar (XLM)
NXT (NXT)
Potcoin (POT)
Verge (XVG)
Electroneum (ETN)
Tron (TRX
Dotcoin (DOT)
Siacoin (SC
Dogecoin (DOGE
Linda (LINDA
Bytecoin (BCN
Our timescale for investing will be over the next few years to 0-10 years. So lets do this to create our own rags to riches story, I believe its possible. We must strategise like a good general. We must plan. We must play chess. We must not get caught up in the hysteria, the mania. Fear of missing out. We must keep a cool head. We cannot and must not invest in everything and anything. We can't. It's stupid. We must be cool, calm and calculated like Clint Eastwood.
We are not going to day trade!!
We must be surgical in our approach, the psychology of trading is not an easy path.
So to recap: three portfolios and for ease of understanding, we allocate $1000 to each portfolio and divide our holdings according to the allocation percentages. These are not written in stone they act as a guideline, remember we are strategising.
Do not put all of your eggs in one basket; simples. So for the new holding, OX I would probably allocate around $200. And hold the rest in cash. Remember holding cash is also being invested, because you have not yet put it to work therefore it is not at risk. As such it is available to you when you need it.
Godspeed!!
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