Cryptocurrency

[jaygreenb]

Hey fellas, been a minute since I've been on sosuave but stoked to see you guys talking about cryptos. I have been nerding out on this stuff all summer and have built up a pretty big position. I loaded up on BTC, NEO, OMG and LTC on the last dip. Any of you guys mind taking a look at my holdings and give your thoughts. This is a long term play for me. More than happy to share any info I have as well.


Shares Price Total
neo 681.76 25.85 17,623.50
omg 1,572.31 9.92 15,597.32
BTC 2.29 3,932.90 9,006.34
ETH 28.19 290.26 8,182.43
LTC 152.91 52.98 8,101.17
PAY 1,885.04 2.53 4,769.15
ADX 5,747.29 0.61 3,482.86
ARK 1,066.41 3.03 3,231.22
TRIG 1,500.00 1.18 1,770.00
CVC 3,000.00 0.39 1,165.50
KMD 525.89 1.97 1,036.00
XRP 5,000.00 0.19 925.00
STR 75,000.00 0.01 926.53
GNT 3,000.00 0.26 774.00

76,591.02

 

[PrettyBoyAJ]

Your portfolio looks pretty solid man. Can't go wrong with a lot of those coins. Also you are spread out a lot which is pretty good. How much have you invested in Cryptos to get that balance?

 

[jaygreenb]

To be honest, I'm only up around 8k, so about 68k in. I started at the end of June. I made a lot of mistakes in the beginning, buying at new highs, and the last correction nailed me. I have learned a lot and am now much more strategic in my trading. I added one more coin today that looks really solid and functional, Walton coin, just a heads up if you want to look into it.

 

[PrettyBoyAJ]

You should've made a **** ton of money off OMG if you bought it in June. Your still up so that's the most important thing. Keep our head in the game and keep investing in well known coins. They will eventually sky rocket. If/when china regulates the cryptos and allow their people to easily invest everything will moon.

 

[jaygreenb]

I got in OMG late, a little bit in the 8 range, but a bulk over 11. At that point I was just trying to get in. Learned some lessons but definitely took some lumps. Personally, I think the China FUD was a good buying opportunity. I stay current on this stuff an will share anything I see as an opportunity. Would appreciate anyone who does the same .

 

[BeTheChange]

OMG is a well overvalued and already has a significant amount of hype built in to its pricing. Wouldnt touch.

Looks like WTC is getting pumped. Remember a cryptoinvestor with a large twitter following trying to shill it when it was around $1 a few weeks ago.

KNC not doing too well. LINK doing nicely. NEO on a rally. Glad I didn't sell. Two more weeks to CND listing. Hoping the positive press they've gotten about their ICO translates into demand.

 

[jaygreenb]

You don't like OMG as a long term hold? They seem like they have a great team and huge potential.

Yeah, Neo had a nice pop this morning, I was able to pick up a bunch at 16. I am trying to have a more long term prospective on this. WTC seems to have a very viable business is in the future so I just put a grand in and will let it sit. I also like the idea of being able to make to make passive income using their wallets(tenx, neo, omg wtc)

 

[PrettyBoyAJ]

I'm a big believer in OMG. I got all my shares at over $1 but it's a great long term hold. They already secured payment processing for McDonalds in Thailand. They are early investors of Ethereum and Vitalek is an advisor. OmiseGo will moon so just hold on to your shares buddy.

The same reason I'm bullish on Kyber network for the long term. It might dip until January but when the DEX is up it will be amazing. Vitalik is not going to advise something and that product be half-baked. Kyber will moon.

Look into getting into Wanchain and Red Pulse. I think Wanchain can do big things because it's the same team from Factom. Personally, I'll be flipping both.

My long term holds are BTC, LTC, KNC, 0x, OMG, and Golem. I also hold some Civic which I think is a great idea and some QTUM which I'll probably swing trade once it shoots past $10.

 

[jaygreenb]

I'm a big believer in OMG. I got all my shares at over $1 but it's a great long term hold. They already secured payment processing for McDonalds in Thailand. They are early investors of Ethereum and Vitalek is an advisor. OmiseGo will moon so just hold on to your shares buddy.

The same reason I'm bullish on Kyber network for the long term. It might dip until January but when the DEX is up it will be amazing. Vitalik is not going to advise something and that product be half-baked. Kyber will moon.

Look into getting into Wanchain and Red Pulse. I think Wanchain can do big things because it's the same team from Factom. Personally, I'll be flipping both.

My long term holds are BTC, LTC, KNC, 0x, OMG, and Golem. I also hold some Civic which I think is a great idea and some QTUM which I'll probably swing trade once it shoots past $10.

I haven't looked to much into kyber, you think now is a good time to get in or wait?

What do you guys think about iota? Think I'm going to take a position in that as well

 

[PrettyBoyAJ]

Get into Kyber for the long term. Short term it won't bring you gains but long term will get you lambos haha.

Iota to me is a long way to go to doing what it wants to do. If it succeeds though it'll be huge.

 

[jaygreenb]

Ok, cool. I'm in this for the long term, don't need the cash I put into it and if I lose it all won't really effect my life, just looking for an early retirement.

 

[jaygreenb]

bought 1100 shares of kyber

 

[PrettyBoyAJ]

Well just hold on for the long term because it'll be big in the future. For the short term I think it'll go down slightly though.

 

[BeTheChange]

Any reason Walton has risen so much? It was $1.30 last week.

I think ChainLink is a much better long term buy than Kyber at current prices.

 

[PrettyBoyAJ]

Both are going to be big in my opinion. I sold all my ChainLink prematurely. I'm holding on tightly to my Kyber however. In Vitalik we trust!

I woke up and saw WaltonCoin mooning too. The best part about it is the volume is pretty high too so its very liquid. I have no idea why it's mooning but someone told me about it a week or two ago when it was $1. I'm sorry but I can't take a coin serious called a WaltonCoin. Sounds like a trolling coin. But good job to everyone that owns that coin.

 

[jaygreenb]

Both are going to be big in my opinion. I sold all my ChainLink prematurely. I'm holding on tightly to my Kyber however. In Vitalik we trust!

I woke up and saw WaltonCoin mooning too. The best part about it is the volume is pretty high too so its very liquid. I have no idea why it's mooning but someone told me about it a week or two ago when it was $1. I'm sorry but I can't take a coin serious called a WaltonCoin. Sounds like a trolling coin. But good job to everyone that owns that coin.

I got some Walton coin, wish I had bought more. I think it is going to be a good one, especially in China. It handles supply issues with RFID chips. There has been a lot of buzz about it

 

[PrettyBoyAJ]

When did you get into it?

I try not to touch anything Chinese to be honest. But maybe I should.

"Be fearful when others are greedy and be greedy when others are fearful"

 

[BeTheChange]

It's doubled in the last 24 hours and x6 in the last week or so. Now may not be the best time to get in. Too much heat.

Bit wary of going long on China as only just recovered Neo losses and holding losses on Binance too.

 

[jaygreenb]

When did you get into it?

I try not to touch anything Chinese to be honest. But maybe I should.

"Be fearful when others are greedy and be greedy when others are fearful"

I got in at 3 bucks, so a little late. Long term you do not need to worry about China, they always do this and are just trying to figure out how to get their piece. They will not miss out on the gains of this industry. If anything this is a good time to get in because of the fear around them and the coins that are out now will have less competition. I went heavy on NEO at 16/17 a week or so ago and bought a few bitcoin at 3100.

That's a great quote AJ and absolute truth in that. I went in heavy the last correction and it is cleaning up a lot of my mistakes when I first got in. I am not looking for pump and dumps but more long term hold coins that will produce passive income. I will sell off portions on huge run ups and try to buy back on the pull backs though.

 

[jaygreenb]

Just curious, what are your guys professional backgrounds?