Three of my favorites are at resistance where there could be a short term reaction. I’m not buying now, but I will be buying more on pullbacks. My thinking is that these are three very high quality cryptos with very high appreciation potential as well. From my portfolio management point of view, I’d like to get these three issues up to 10-15% position percentages for each, totalling 30-45% of the overall portfolio.
Read the "The Dos and Don’ts" here if you're not aware of my rules.
I like PIVX. It is the only acceptable POS coin with an correct anonymizing method.
If POS is the future, PIVX have no concurrence for the moment.
PIVX could be one of the big winners this year!
Syscoin is a revolutionary cryptocurrency that not only allows low-cost financial transactions like Bitcoin, but provides businesses the infrastructure to trade goods, assets, digital certificates and data securely.Lightning quick! Last time I tried to use Bitcoin, it took 12 hours to move, this one took 5 seconds!Undervalued on the market (which is a pro if you want to invest it in now).
SYS definitely has a lot going for it. Thanks for that first hand experience confirmation!
You are right, I would wait for Syscoin to at least pull back to 200MA or even to 50MA. I usually don’t wait for confirmation, I would just buy between those two MA’s. It would make a nice reversed Head & Shoulder.
Pivx is a bit weaker, I don’t like this huge selloff when it touched this red line. I think if it pulls back and then breaks the red line I would be interested.
Ark is better than Pivx. Just a bit of a pull back or break of the red line would be nice.
The coin I like the most is Syscoin out of those three. But that’s what I see from technical point of view. You probably researched these three and understand it’s fundamentals bases as well.
The think I love about crypto is that most of them are not manipulated, not the way the stocks or gold and silver is. Not just yet. I recently bought ETH at $380.00, because the chart showed me a nice buy point. I’m not a short therm trader, I learned my lesson with stocks, but if I were I would love these charts.
I'm not much of a short term trader either, but I do use short term trading strategies to find intermediate to long term entries and exits, look for market action to get some confirmation for my ideas, etc., etc.
You have a great point! Thinking about it, I use short therm strategies as well to get the best price possible once I decide it’s good time to buy. Of course, keeping in mind it’s still a long therm investment.
I definitely agree with you on Syscoin! Not only the technicals look great, it also seems it’s extremely undervalued. And congratulation on your ETH. Nice buy! I missed it!
Thanks @rothberg. My ETH trade is still unrealized profit, which means until I sell it I still can loose. However, I’m in it for long therm, the risk is worth it.
Branching out from the BTS/STEEM train....smart move I presume.
I am still on those two....in fact, I am getting more bullish...
I posted yesterday a couple posts that really knock the socks off STEEM...it is amazing the potential and what SMTs can do.
It is going to be a really exciting next couple of years on these blockchains....they could well be at the head of the class.
No doubt that BTS and STEEM are the strongest still, on a relative basis, both short term and longer term. And I think you're right about STEEM. It will remain the largest holding in my portfolio for the foreseeable future. :-)
The general basis of the articles I wrote about that the last few days is that STEEM will end up being the secondary currency on this blockchain. It will take a back seat to all the other tokens created via the SMT protocol. These are the tokens that will matter and will change how people interact on this blockchain. It will also cure many of the ills fought over on this site right now.
Essentially, STEEM is going to be the fuel that powers this blockchain. All applications on here will have their own tokens, all which require bandwidth. Hence, since bandwidth can only be acquired by locking up STEEM, that will be its role.
Imagine tens of millions of people using this blockchain via all the different applications created....that will be a ton of bandwidth required meaning that STEEM becomes very precious at that moment.
Who cares about the car when you can own the a portion of the road?
Hey I think I found the topic for my post in the morning.
I do not know much of these coins fundamentally but from a techo perspective they seem to have the worst behind them. I think we are about to go into another uptrend cycle. The big difference this time is that projects that are actually launching and delivering on their roadmap and technology will be rewarded. There will be a bigger gap between pricing because of the apparent asset quality. Having 10-15% in each desired action is a good setup for portfolios as it permits about 6-9 positions which is good. More would be too much.
I also think that this time around we're going to see that big difference you mention.
out of these three syscoin is the hidden gem of 2018.
Syscoin was initially described in a 2014 draft whitepaper that envisioned Decentralized Marketplace Creation, Decentralized Smart Contracts and Documents, Decentralized Certificate Issuance and Transfer, and Decentralized Data Storage and Retrieval, as among the services that it will offer upon its release.
about Pivx, Pivx is seen as the only true competitor to DASH. A lot of the team members are from DASH. It is the only true masternodes alternative to DASH. PIVX is at the same exact state that DASH was at this tis time last year. DASH had mostly lost attention, sitting at around $13. Fast forward to 2018, DASH is now sitting around $443. The same could easily happen with PIVX.
Imagine if PIVX could follow in the footsteps of DASH! And SYS is going to be a masternode alternative too! I really like both.
They all have a rounded bottom. If they pull back, there could be nice cup and handle or reversed H&S formation. Honestly, the one on the top is my favorite. I took a look at Syscoin and I think it’s one of the most undervalued coins out there. As far as I’m concerned is this coin can eventually become a nice competitor to amazon or eBay. I really love what I see. I just added SYS to my watchlist. It’s listed on Binance as well, that’s what I have. Your plan when it comes to percentage makes sense. As a matter of fact you always have to have a plan and as long as you stick with it, you will do just fine. People often have plans, but when it comes to decisions making they panic and abort their plan. Which is a huge mistake when it comes to investing.
I think you're right about Syscoin's potential, if they stick with their plans. 😉
Out of these 3 these two are my favorite, Sys coin and PIVX.
The Syscoin Blockmarket Wallet offers all the features you need to send and receive Syscoin, keep your transaction logs in order, buy and sell items, resell others items, send encrypted messages to others and more.
PIVX price as at the time of writing this is just above $5.06. This is insanely cheap. For a coin with just 55 million in circulating supply, I can’t even begin to express how cheap this is. I think its better to invest this time or are you wating for further price drop? Please do inform me if you think so.
You are correct on all counts! These guys are verified "moon" candidates.
For me, Ark is the most interesting one. I have been following it for some time, it seems to me that it has great potential. Pivx and SysCoin are new to me. I will definitely look to it, but Ark is my favorite. I already made little profit with Ark in the last spike and waiting for next wave.
And it continues to perform in line with the others - back to new recovery highs today.
That's why it is my favorite. I know it will never let me down.
not a bad choice man
they have very promising future
When Ark was being created, they wanted a platform that could be used for consumer adoption, they wanted one of the best platforms out there and that’s what is being delivered. The DPOS system means that 90% of all Ark is being staked, this shows that people believe in the system and it is growing sustainably.
ARK is very, very interesting indeed.
https://medium.com/@altcointhoreau/what-is-ark-a-thoreau-analysis-d4f9d5a1fa61
I have interest in expanding my portfolio too but I want to know, how do you get to decide on what to buy in and what to sell. For instance those three cryptos that you wanna buy in, I don't know much about them, I know it's all risk and my risk cap is on, but what techniques do you use when deciding what to buy and what to keep.
I start with a balanced portfolio of my favorites. Start learning more here with my post on how to Buy Low, Sell High.
Of course that comes after the hard part of doing your research and finding your favorites. I've written a lot about mine, as well as my overall approach to and thinking about crypto in general. Flip through my posts for more!
Alright, thank you. I'll run through some of them and start following your series of post for a few more weeks before I start. Thank you.
I have only heard about Syscoin and I think it looks quite promising. I haven't seen the other coins as of yet, but I'll surely check them out if you think that they are high quality coins. It's quite hard to keep track of every quality project, because there are simply so many of them that are bringing in amazing innovations! Of course, there's a fair amount of coins that are wortheless as well, so gotta be careful about picking what to invest in.
Looks like the market likes SYS too. Six days later and it's still on a tear.
@cryptographic,
I am just asking. What do you think, if sell 50% of coins at this point and buy back when price drop?
I did this strategy before and collected more than 300 Steem in a single day! But it's a very stressful time, coz if STEEM started it's true rise, that strategy will be doomed!
Would like to hear your opinion to avoid such doubtful moments too!
Cheers~
That's almost gambling. Given that 95% of short term traders lose money, I don't encourage short term trading.
Unless you're a pro, I recommend staying with a longer term outlook.
@cryptographic,
Thank you very much for your valuable opinion! I will stay out of such short term trades then!
STEEM seems showing a strong uptrend isn't it?
Cheers~
45% of your portfolio, you must have a lot of courage, or you must know some promising things about these three coins. Ark is on 60 place right now, and I have watched it too since it was fighting with Steem for the ~30 place. After the last huge pump and dump of the market it got left behind. It can be under evaluated right now, so buying it can be a wise move, or simply it won't be able to increase much in value, I can't advice over it. Also this is the case with a lot of tokens which used to be in top and now they are lower, while Steem kept staying in the top. The fact is that the market is so unpredictable that you simply can't know which one of them to chose to invest in, at least this is my humble opinion. About Syscoin and PIVX, I don't know much, so I won't make any advice about any of them, including Ark, because I am not a specialist and I simply can be wrong.
I find Verge pretty promising right now, but I don't know, yet I wouldn't encourage anybody to follow my opinions (I don't even consider them advices).
Whatever you chose to do, I wish you will make the right choices and that they will bring you a good payout! You could make a post about what have you chosen and how it turned out, when you consider it is the time to conclude about it :D
STEEM, SBD and BTS are still the brightest stars out there, IMHO.
I couldn't agree more! Especially with the small volume that it has, SBD can be pumped easily and increase our rewards :D Steem is the base currency of this blockchain which is fast and free (not necessary in this order) and Bitshares has quite close performances to Steem, but a completely different use case so I understand why you support these so much! But indeed, as you have pointed out in your post, it is pretty healthy to diverse your portfolio so I can also encourage you to buy different tokens that you find valuable. For me... I keep powering up everything I earn here, making a long shot on Steem. If SMTs succeed, everything should be good, if they not, then I didn't even had these money anyway so it is a pretty fair trade :))
Dear Sir,
Definition:
A Bull Pullback is when a price action within the context of an uptrend traces an orderly price decline/retracement/correction from the peak of an up leg. Also called a Pullback Buy.
Background:
The power of an upside move after a retracement can be greater after a strong and steady uptrend due to the possible increase of underlying support.
A Bull Pullback can be stronger when the most recent swing high is also an all time high due to the potential lack of future overhead resistance.
Practical Use:
Technical analysts will often use the Bull Pullback pattern to begin looking for buy entries as the asset reaches support or "wholesale" areas.
@taarzan,
You double posted, and you didn't leave a link to the information you posted. Delete the extra post and update the original with a link to the information you quoted, and I'll give you an upvote.
Sir @cryptographic,
I sincerely apologize to you two comments from me for the temporary problem, hopefully you understand the issue and I delete a comment.
I have researched many things about this topic and tried to acquire some knowledge, I use a number of websites and Sir, I have given the information from the website that I have given the link in the description box below, hopefully you see it.
Link: http://bit.ly/2HkzZG4
Appreciate it!
Hi @cryptographic ! Syscoin was one you had in your portfolio months ago and you mentioned you sold everything for Steem and BTS, but I believe your decision to diversify again may bring good results and protect you a bit more!
One other crypto I don't know if you researched much is SmartCash. I believe this one has a huge potential and its community driven.
Regards, @gold84
You're absolutely correct, and STEEM and BTS's relative strength during the downturn were a positive. If the crypto market has gone back to positive, and I think it has, I want to be more diversified since the big upside thrusts usually come in isolation, giving you the opportunity to rebalance profits into laggards that ultimately also have their big pops too.
That is great!
What will be your top to sell lets say 15% or 20% for EOS, BTS, Steem.
For instance, EOS at $20, $25 or $40?
Steem at $6 $8 $10 $12?
BTS at 0.80, $0.95, $1 $1.50 $2?
Regards, @gold84
It depends more on percentages than fixed prices. If a 10% holding grows to 15%, you might do some selling and use the proceeds to buy a 10% holding that has fallen to 5%, for example. Since I'm so high on all of these, I'll probably use a 25% figure for those whose original size was 10%, 40% for a 20% original, and 80% for a 40%. Those are some fairly large differences basically because I think that more intermediate term all my picks should do well and also because it should keep my rebalancing needs to a minimum. I'll probably do monthly and quarterly analysis too. But I try not to pay too much attention to price and focus mostly on the percentages. It makes life a lot easier, and has worked very well for me in the past as well.
Thanks for the feedback! My question now is when is a good time to rebalance. For instance, I have EOS now, and see it has a good upside potential before its launch, so I do not know if I have to sell it now and buy BTS with it. I have Steem, EOS and BTS, and BTS is the one that needs a bit of rebalance, but I don't know when would be the best time to sell EOS and buy BTS.
Regards, @gold84
WOw! quite risky on my part though, but goodluck to your porfolio.
Syscoin , Pevx and Ark sounds a great potential and it's also an open-sourcem. I might want to search it up further, and also i wanna look their GITHUB activities whether it's active or not. Thanks for sharing your portfolio sir @cryptographic .
Excellent chart and analysis and honestly i don't know much about these coins before but today curtsy to your post i able to gain good knowledge about these coins and i will do more research on these coins soon, thanks for telling us about these coins and wish you all the best in all of your future endeavors! Stay blessed
Good to know that your favorite co8ns are at the resistance at are at the verge of getting bullish, make an investment and gain in days ....great..
There are so many currencies.
Sometimes it can be overwhelming when you're new to crypto.
Honestly this is the first time I'm reading about syscoin, I did some research and it is considered to have good potential.
Read a lot of good things about Syscoin. What do you predict the price will be EOY @cryptographic
Syscoin crypto is good coin and has a strong future, and experts expect it to rise well in the second half of 2018, But you are talking about 3 crypto of high quality and can have a good reaction in the short term, what are the other types ، good luck my dear friend @cryptographic 👍👍😃
All the best for you my friend 👍😃😉
When to buy the best time
Prices every day go up and down and we do not know when we will make a profit
You really are a successful and wonderful person
In my opinion if bitcoin is going up so are the alt coins ,i do think the syscoins do have the great future ,their growth by the end of this year would be more than dollar or two...
Which of these three is better and which will get more profit in the future. It would be better to buy from any site? I've bought some verge(xvg) coins and how it's futuristic?
Yep...Syscoin also going higher. @cryptographic.. After seeing this graph, I think, till last of this year Syscoin increasing continuously and in december it price will be 10 + ..
I must confess that I've never seen such complex TA O.O Then again, I'm not a professional trader but someone who buys nice coins and waits for them to magically get to nice prices. I haven't been earning anything out trading, though.
All of my earnings since January have been by posting on Steemit.
How do you get started with proper TA? I haven't had many accurate predictions ever since I started with cryptocurrencies.
Seeing your current SP, 45% of your portfolio must be a huge amount lol. I hope those little coins have enough volume to support your massive buy pumps.
If it is a good project, over time its value will increase, I think that's the easy part of cryptocurrencies. With technical analysis what we can do is maximize profits with pullbacks and other movements, but I have read that most traders lose more than they earn.
As syscoin is already above 200 MA which is what defines the general trend I think it is already a good point of purchase, although it could fall a bit to rebound in it, that would be the ideal case. The other 2 will still have that strong resistance, will depend on whether your strategy is holding or trading at what price you will buy.
Quite unusual choice you have there. Very interesting. I will be following their progress as well.
My situation is almost like you. I closely monitored LTC today and silently prayed if the price grows just a little bit. But LTC price always stayed between $145 and $150, while BTC price bumps around 300$ and ETH around $60. Somehow, I always end up with the slowest currency.
But it seems like LTC as well as Syscoin, Ark and Pivx will increase, and hopefully more than 15%. Good luck
Elliott Wave Analysis
In Elliott Wave terms, Ark began a wave one advance in March 2017. The red wave one (blue sub-waves i-ii-iii-iv-v) finished on January 10 this year, and the red wave two (blue sub-waves a-b-c) correction ended on April 1. If this wave count is correct, Ark should be heading next towards the January 10 peak in the red wave three.
in last some days i becoming in feel great to show syscoin
great raising in a moments of recent time .
no dout cryto will controll the world
thanks
great analysis of sys coin no dout
wow
great shared dear sir
syscoin seems to gold day by day.its really worthy
great for crypto user..just a chill time
syscoin seems to going higher. @cryptographic having no dout
i see a great future of huge . @cryptographic
no dout its so best time for the market of pullback, syscoin becoming a great position by increas day by day.
its graph are so increasing huge..that seem a great futur ,best time to chill and buy syscoin
I dont think the resistance will not be for long as price of Bitcoin is increasing gradually, so price of SysCoin, Pivx & Ark will start to climb soon. I am going to busy some soon.Personally I like SysCoin and similar alt coins because I can make profit fast and frequently than BTC.
Thanks for your suggestion, will follow the update.
Sir @cryptographic
#ARK
Honestly, this chart is a traders dream. Followed this pattern ever since it started trading, strong fundamentals, definitely a safe bet and will likely be an established top 20 coin before long.
#Sys
$SYS is among those coins start to moveing, if you missed the current season than you don't want to miss that one.
2014 coin, active development, masternodes, marketplace, data storage.
Large community BIG potential
I didn't realize this $PINK/USD chart existed until the other day, but shortly thereafter I took the liberty of plotting out it's future...
Ark and pivx chart showing very much potentiality... important 3 chart you have shared... I appreciate...
I can't understand these types of graphs because i am new in crypto.But learning crypto things.hope one day i will be able to read these types of graphs :)
well i dont know anything about them.
now as you said they are quality cryptos
i am looking forward to study these coins
may be i will also be interested
The Syscoin project is supported by a strong team and they are continuously improving their protocols. Along with this, it is relatively longer for the Blockken Company since 2014 and it is a fully functional product. With the release of the web-based version, it could be another step toward taking the crypto mass.
upvoted and resteem
It's growing toooo fast..that growth is unsustanable..just a matter of time when its gonna go down.always have investors to take the right decision for your post you really done a great work.The chart is looking like the consolidation is coming to an end. Could be a good time to pick some up. Good luck!
I made some decent gains with syscoin in a short term entry on December's bull run but are you sure you want to put so much of your investment in alt coins just after bitcoin broke the 1 yr downtrend and we have a possible bull run looming over our heads?
whales will never miss an opportunity before launching it to the moon's orbit ;)
Currently they seem to be at the top high :)
Patience is indeed a virtue ;)
Not getting in for now ,while will sure keep an eye on them :)
Thanks for the heads up by the way ;)
Syscoin crypto is good coin and has a strong future, and experts expect it to rise well in the second half of 2018, But you are talking about 3 crypto of high quality and can have a good reaction in the short term, what are the other types ، good luck my dear friend @cryptographic 👍👍😃
All the best for you my friend
great post sir
It's been awhile, but I'm back! Good analysis and recommendation to wait rather than buy during this intermediate recovery. We're still not out of the woods, but this recent appreciation in cryptos is encouraging action!
it's nice to see you expand your crypto investment portfolio to 3 other coins. pivx is one of my favorite coin. due to it's low market supply & the project, i hope it'll go to moon soon. impressive & useful tips you provided. @cryptographic
@resteemia
Thanks for the post @cryptographic
You have plans to pick these 3 coins on pullbacks in order them to reach 30-45% of your portfolio. What about the rest 55-70% of your portfolio?
Reading regularly your Steemit and Bitcointalk posts (your 10k to 1m challenge last year) I can assume the rest of your portfolio is structured this way: STEEM, BTS, ADA, EOS (btw did you finally add it?)
Community following you and myself would be thankful if you could share an insight into the rest of your planned portfolio.