Author: Antinoo

Free Thinker. Entrepreneur. Citizen of the world. Believes firmly in culture, art, friendship, freedom and blockchain.

Crypto Market Dip

Manipulation of prices and Usual January Dip
I hope that this bloodbath has not saddened you. This is, actually, the proof that crypto market is not a bubble. If you think that coins should go up without correction, you are wrong because this is simply not possible. The situation is similar in many ways to stocks. There is no coin that went up without correction and is still going up. Coins can’t always go up. XRP, XLM, STRAT, ETC and NEO have not lost much yet compared to 1 month ago. They are probably in the warm-up stage as they are getting ready to do really well.

Besides, there is no way to put it nicely when whole market loses 120 Billion in one night and we are back to December levels again. The bottom line is that Crypto is not for the light hearted. We know many of you might be sitting in a drawdown, but always remember that 300% profits is deserved by only those who can sit out 80% drawdowns!

Just HODL !!!

Please do not panic, this is correction time and the only thing you can do is to hold. Coins will recover, especially those that have strong fundamentals. Remember that this is not a Bitcoin correction, but rather a market correction.

The best Cloud mining service I tried.

It is Genesis Mining!

I have had an account at Genesis Mining for the past year and I can personally testify that 120$ invested in Bitcoin Mining have generated 609$, while 100$ invested in ETH mining have generated 400$!

That’s over 500% return for BTC and 400% return for ETH, not bad!

The service is reliable with regular monthly payout!

I will now try Hashflare, that as some good reviews and looks like a reliable service too. At Hasflare you can mine BTC, LTC, ETH and ZEC.

If you find this information useful and decide to try these cloud mining services yourselves, you can click on the captions of the images below. This will also pay me a small referral fee!

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Genesis Mining
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HashFlare Mining

There is one only online wallet where I keep coins: Spectrocoin

The reason is simple: they are reliable and more and more since they started on their new project called Bankera. Staff is easily reachable on their on line chat platform and they are very helpful.

Spectrocoin and Bankera are building a real bank that will bring together the worlds of crypto and banking.

In addition spectrocoin is already issuing a credit card that allows users to use their crypto in the real world.

Bankera token (BNK) holders receive weekly 20% of revenues originating from spectrocoin and spectrocoin card transactions. When the Bankera bank will be launched they will also receive 20% of Bankera’s revenues.

Also Bankera is launching now a Coin Exchange platform!

And the revenues from the exchange will also be shared with BNK holders.

Join Bankera ICO here!

Ripple is rippling the waters of cryptomarkets!

This December will be remembered as ripple’s month in cryptoplanet.

At the beginning of the month the long-awaited escrow of 55 Bln XRP was finally successfully accomplished by the company.

Coinbase finally decides to list XRP together with other altcoins.

And, finally, last week three of Japan’s credit card companies have agreed to use Ripple’s technology.

In pratical terms, XRP are becoming rapidly more valuable and they surpassed without hesitation ETH market cap. So is Ripple the new Bitcoin? They are very different, but this could be XRP’s strength since it is becoming the crypto used by banks, whereas BTC has kept it’s dark web/illegal connotations.

So Ripple is owned by the banks who want to take over the crypto market? Well not really.

This is totally untrue. Ripple is a real company and banks are the customers of this company that is finally taking over a market that was for too long dominated by SWIFT.

If you hold XRP in many ways it is like holding shares of ripple. If the company does well so will XRP.

 

HODL!

Yes that is the Word!

The recent dip that affected almost all the crypto universe just demonstrated this magic word!

I lost 50% of my assets value in less that 24 hours. And what did I do about it?

Absolutely nothing!

Once you pick a good coin with a good cause, project and team just stick to it until you made what you planned to make. Maybe at some point, after you made a good profit, you might want to sell some (not all!) of it to cash back or to buy into the next good project, but for goodness sake

NEVER PANIC SELL

and stick to your ideas.

To make a long story short, in less than 48 hours all my value is back and…

growing

So, once again, the magic word is “HODL!”.

 

My very personal crypto investing strategy.

Cryptocoins, altcoins as investment. How do you go about investing in this new economy? There are many recommendations out there, good and not-so-good. It’s not easy to understand this world as a newcomer. It does take some acquaintance. In this page I will explain my own strategy that comes from months of “trial and error”.

My first good buy occured in march 2017, when I picked up a promising crypto, Etherum, a few dollars each. Then I forgot about them, and when I looked at my portfolio 2 months later it was worth 20 times a much! So the first factor to consider is that you should try to pick a winner with some web research.

The second factor an most important one is that once you made some money with your winner and the winner stops growing don’t just dump the winner for the next bandwagon.

I found that the best strategy is to keep a good portion of the winner, but use some of the gains to invest in the next, carefully selected, promising crypto project.

For example, recently I made some relevant gains with my LTC portfolio (500%) and I used 10% of that portfolio to buy ADA. So I bought ADA buy I didn’t abandon LTC, that still has a lot to achieve.

This type of strategy has given me a 60x return in 6 months.

So my personal suggestion is: 1) pick a winning crypto project when it is still low and invest, 2) wait for the gains and 3) reinvest 10-50% of those gains on the next, carefully selected, promising crypto (or ICO).