/biz/ - Business & Finance

My portfolio dec 2017

Another question I have is WHY did alts pump Dec 2016-June 2017 BEFORE the major bull run. People in shit like DCR, XRP, Dash and others made a killing beginning Jan 2017, way outperforming BTC

LMAO at one time I condensed my portfolio into these coins and I am so lucky I went back into BTC when I realized the music really did stop playing and BTC was the only way to survive. All in all, I got REKT

Bump. Please someone provide input before thread dies.

Ah yes I held my raiblocks bag from 1.5 to ath back down and sold at 2. Fml was thinking it was going to 100

>>22522360
Old bags that have pump will not be able to pump back to ath. It'll be like the coins from like 2015 in 2017. The 2015 that had pump in 2015 didn't get a massive pump in 2017. Only new shit get pump because no bag holders so easier to pump, when everyone is making money. The 2015 coins become relevant andd phase out by 2017 coins. And the cycle repeats. new coins get getting pump, leaving the 2017 bag holder to die. 2017 bag holders will get phased out, too. There might be an exit pump on some 2017 coins but who knows.

>>22522360
OP I think you have proven to yourself that you are not a trader. Legit, this is one of the worst performing portfolios I have ever seen.

Buy BTC and hold.

>>22522747
just to clarify, I didn't come here because of your bump, I sort by creation date.

I'm not going to tell you what to do, just what I did
alright, I'm also from 2017
invested 6k of my dad's money and it all went down to 1k

we had written it off as a loss and tried to forget about it

but last month I came back, I was smarter and better, quickly caught up with what's going on and instantly found very promising projects
took some of the money and invested in them, in less than a week I was up 10,000%
realizing that I struck gold I went all in and am now back to a point where I'm in profit again.
I'm expecting to actually make it with $100k in a few years too, so things are looking up
right now I'm trying to invest more of my fiat too

I'd recommend you to do the same if you want to ever see your money again
and probably more than what you had in 2017
godspeed

Too many people think the cycle will repeat itself and when it doesn't there will be a sharp sell off, this will be the time to buy at a great discount, be patient and take advantage of the cheap coins.

There are far to many longs betting it will follow its normal cycle. For now try experimenting with yield farming and staking. Use a little bit first so you understand how it works.

>>22522360
Are you still holding all of those nanos?

>>22523465
Yeah, like I said. I continued buying for the past few years. I have 10k nano now

Personally anon I would take your initial investment or convert it all into btc. Or just move your initial investment into btc and the rest into eth.

>>22523483
that’s the worst portfolio i’ve ever seen. 2017 shitcoins are never coming back. sell all of it into eth and btc. start reading about the current state of crypto. start with yfi.

>>22523693
>buy my scam shitcoin instead at 30k
lol

What makes you even think for a second that something like nano is going to do anything when it has basically crabbed to oblivion while other known projects have doubled or tripled this year? There is literally no reason to be holding that coin over anything else other than sunk cost. You should probably take a long hard look in the mirror and figure out what the fuck you are trying to do bagholding shit like that.

>>22522360
Raiblocks

You should buy at least 2.18 BSV, trust me

>>22524100
instant, feeless payments

>>22522416
>Another question I have is WHY did alts pump Dec 2016-June 2017 BEFORE the major bull run.
ethereum.

>>22525756
It will all happen again.
>>22523693
And read about AMPL

>>22522360
i think you've answered your own question here. you can either time the market with altcoins and hope you get lucky (or you get destroyed), or invest in top 3-5 coins and never seriously need to look at the market again. it's up to you, but it sounds like you'd be better suited to the latter strategy considering the bags and your previous history

So how do the characters work? You only need to roll for 1 of each? What if you get duplicated character? what do you do with the extra? sell them? is that an option?

>>22522360
I feel bad for you dude, but get back into Chainlink now. Most of your holdings are not good. If you want to "minimize risk," you can diversify, but still have your majority holdings in LINK.

$LINK
$DOT
$ETH
$LEND
$SNX
$OCEAN
$UBT

This list is in order for how much I suggest you allocate your money into. Remember, MAJORITY IN LINK

>>22525011
It's not really feeless, you just do your own POW which actually can be pretty expensive compared to just paying a miner if your device is weak. That doesn't matter though because nano is a meme coin. It's probably worth holding. I can see it acting like LTC in 2017 in the next bull run.

Smartest thing to do would be consolidate your portfolio into XMR.

>>22526088
No one in this thread has even mentioned it, so I will help you out.

Chainlink is literally the key to blockchain adoption. This is the order:
Bitcoin - blockchain technology
Ethereum - smart contracts and decentralized applications
Chainlink - oracles to connect real-world data to those smart contracts situated within blockchains

>>22526151
You have an opportunity right now, because everything is discounted. If you are looking for a sign, I am your sign. The risk and opportunity cost of consolidating your position into anything other than LINK will screw you over.

>SWIFT, Google, Microsoft, Oracle, and the entire country of China
Those are the only partnerships I can think of on the spot.

You absolute retard. Almost nothing from 2017 is going to have a meaningful pump. Why would it?

You don't have a clue what's going on because the broader defi market is popping off like the 17 altcoin market, and it's insane.

This is the cycle repeating. Old shit that pumped and died stays dead while new stuff pumps and dies. The promising projects that deliver stay around.

That's it.

>>22522360
>>22522360
In all seriousness, do you want to contact each other? I can try to help you to the best of my abilities. Of course I will respect your anonymity, just use a false alias or something and we can chat through twitter.

>>22522360
Bat,kleros,xmr,link,eth,btc

>>22522360
32 ETH, ~3 BTC, 5k LINK, rest in assorted shitcoins as you please. Leave the ETH and LINK alone until it's time, and simply increase/decrease your BTC holdings depending on how much risk you want to take. At a minimum I would sell off the IOTA and NANO and find new positions. Keep your XMR.