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Litecoin, starting to go mental

https://www.cnbc.com/2017/08/22/mark-cuban-backs-new-20-million-cryptocurrency-venture-fund.html?__source=Twitter

Here is a crazy thought: This is the first time in history the entire planet is speculating on something. A guy in Uganda with a PC can buy bitcoin. How many people do you know that are buying/talking about Australian Real Estate? In this crypto market the pool of greater fools is just so large...

Chart from Damodaran. Seems to me that before 2017, Bitcoin was simply a 'growth' stock that traded at a premium to the fundamentals, not much differently than the rich premiums that Visa and Mastercard trade at. In 2017, it started to go exponential. Nobody knows how high it will go and how...

http://www.businessinsider.com/bitcoin-bubble-2013-11 Bitcoin is hard to value and total gold market cap is $7T. There is a lot of room for speculation

Imagine an angel Sillicon Valley investor in Mastercard. He will be up 10,000% after a few years, then he will see contrarians talking about 'this is up so much, its time to sell', missing out that a huge chunk of the rise was justified to begin with. Eventually the stock might dettach from the...

One component that might suggest that cryptos are an early stage bubble is the fact that they rose so much but a lot of that rise (in the years after 2008) it was COMPLETELY JUSTIFIED. The market was right (and the idiotic contrarians were wrong). They will be used as payment and other...

Hi, I got some safety nets around my trades/investments that I think most bubble plays don't 1) Lets say I allocate 3% fo them (between core coins and swing coins), as they go up, I lock some profits. This 'rebalancing' (keeping the exposure at 3% by locking in profits) means I will be...

Ripple XRP, that escalated quickly

Buying Ripple RXP here. I like how this chart is setting up but I'm getting close to my max exposure on these things. At least for now, if I keep profiting I will pyramid this sizing up

I'm sure a lot of these ICOs will be huge runners, the thing is, I can only invest so much in capital. I think its better for me to do my selective swing trades than to spend a lot of time looking around for ICOs, that might not even do all that great anyway

In the past I was thinking about investing in some of these ICOs but I dont think I will any longer. I much rather monitor the coin universe (the ones that are liquid) through charts and let the market tell me what to buy. If I start to read about these stories, I'm certain I will get bagged...

"On the 14th of August 2017, BTC-e confirmed they would be returning under a different brand name and would be returning 55% of customer funds, these funds will be available for withdrawal after KYC (Know Your Customer) and AML (Anti-Money Laundering) procedures. The other remaining 45% of...

Also bought MAID and LSK on Poloniex. 50% stop 100%+ target

Hi ,I now have two methods in these coins. First are my 'core' coins, they are a part of my asset allocation. I'm keeping it at 1-3%. I only buy the major coins, so Ether, Bitcoin cash, Litecoin, etc. I'm trying to replicate an 'etf' for these coins by owning several in small sizes. Second...

I"m adding to Litecoin today, its looking great. if it comes down I will cut back but this feels like it will rocket higher

Here is what I'm long now Largest position is on ether, litecoin and zcash. I bought XMR saturday but screwed up as I run out of cash on Kraken and only got in a small position. My wire hit my account today but now its already rocketing higher and I dont want to buy it. I made another wire...

Ether is already up 50 points since my entry a few weeks ago and Zencash is already up 13 points since my entry this morning. This market seems so much easier than stocks. You dont have to outsmart other traders and HFTs all day long by thinking at the 5th level. You just buy at key moments when...

Also buying REP (Augur), chart is looking good. Prob $5 bucks risk and X reward (and by X I mean ∞)

Some coins are ramping. I'm adding to Ethereum and also buying ZenCash. Zencash chart is looking like it might have a run at the all-time high as well