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Dr K's Crypto Picks
From Dr K: The following returns are based on taking the price at which time the report is sent. Please do your due diligence to verify that the reported price is accurate as all reports sent by VSI are time-stamped. These prices have not been formally audited. The in-house audit of my personal account showed values that corresponded with the original spreadsheet values. The trades are also documented on the blockchain as well as the exchanges- Binance, Bittrex, Bitstamp, and to a lesser degree, Kucoin, as well as on decentralized exchanges when I was allowed to buy pre-ICO cryptocurrencies before the U.S. disallowed such trading activity, though the situation has improved.
You will not find these coins on normal stock-related sites such as www.stockcharts.com, but can find more information on specific cryptocurrencies here: https://www.coingecko.com/en/coins. Keep in mind some of these are very small right now, but with potential for big growth as some have shown in prior cycles. DO YOU DUE DILIGENCE. Even though I have done my best to vet each company, always assume some may go to ZERO, so adjust your position sizes accordingly.
| Coin | Opening position | Current Price (11-21-2020) |
% Gain/Loss as of 11-21-2020 |
|---|---|---|---|
|
Enjin (ENJ) reported on 3/1/19 |
long | $0.079 |
0.147 | 86.08% |
|
Theta (THETA) reported on 3/1/19 |
long | $0.148 |
0.682 | 360.81% |
|
Decentraland (MANA) reported on 3/28/19 |
long | $0.072 |
0.088 | 22.22% |
|
Chainlink (LINK) reported on 4/2/19 |
long | $0.582 |
15.14 | 2,501.37% |
|
Bitcoin (BTC) reported on 8/3/19 |
long | $10810 |
18610 | 72.16% |
|
Cosmos (ATOM) reported on 1/21/20 |
long | $4.71 |
5.7 | 21.02% |
|
Dash (DASH) reported on 2/12/20 |
long | $133.7 |
90.5 | -32.31% |
|
Vechain (VET) reported on 7/13/20 |
long | $0.0185 |
0.014 | -24.32% |
|
Loopring (LRC) reported on 7/13/20 |
long | $0.118 |
0.193 | 63.56% |
|
Algorand (ALGO) reported on 7/16/20 |
long | $0.342 |
0.31 | -9.36% |
|
Terra (LUNA) reported on 7/25/20 |
long | $0.341 |
0.36 | 5.66% |
|
Kusama (KSM) reported on 7/25/20 |
long | $12.79 |
39.9 | 211.96% |
|
VTHO (VTHO) reported on 7/25/20 |
long | $0.00225 |
0.00075 | -66.67% |
|
Thorchain (RUNE) reported on 8/8/20 |
long | $0.68 |
0.92 | 35.29% |
|
Darwinia (RING) reported on 8/8/20 |
long | $0.0533 |
0.046 | -13.70% |
|
Serum (SRM) reported on 9/2/20 |
long | $3.28 |
1.24 | -62.20% |
|
Origin Trail (TRAC) reported on 9/10/20 |
long | $0.261 |
0.14 | -46.36% |
|
Morpheus (MIXT) reported on 9/10/20 |
long | $0.036 |
0.0124 | -65.56% |
|
Uniswap (UNI) reported on 9/18/20 |
long | $5.2 |
3.78 | -27.31% |
|
RenVM (REN) reported on 11/21/20 |
long | $0.34 |
0.34 | 0.00% |
|
Band (BAND) reported on 11/21/20 |
long | $7.1 |
7.1 | 0.00% |
|
Aave (AAVE) reported on 11/21/20 |
long | $71.8 |
71.8 | 0.00% |
IMPORTANT: The final % gain/loss column is less meaningful since in practice, I may buy a coin more than once while reducing the exposure of coins that lag. Note that in practice with my own account, I have bought LINK, ENJ, LEND, BNB, and a few other profitable coins more than once because their price action confirmed their fundamentals, thus I am overall up into triple digit percentages, well outpacing most stocks, so far in 2020 (as of this writing 8-4-20). Other coins I only bought in small size such as NAS, NMR, and MCO, or did not buy at all such as DMT and MKR, so the profits made in BNB and profits made so far in my other holdings such as LINK, LEND, and ENJ far outweigh the small losses. Over time, the organic effect is always a concentration of capital into the better performing coins with the aim to beat out bitcoin by large amounts such as I've done in past bull markets such as in 2013 and 2017, in bear markets such as in 2018, and now again since 2019. If a coin lags within the context of its chart over a sufficient period, I cut the position by at least half. This way, capital is force fed into the strongest names. In crypto, strength begets strength.
Since bitcoin is the coin to beat over any given cycle, buying the right names takes much in-depth analysis. The risk/reward in cryptocurrencies is like no other. During bull runs, 10-fold gains are achievable while the rare 100-fold gain is possible. If you are sitting on 9 coins that die, and 1 coin is a 10-bagger, you still break even. In practice, since there is still a high degree of correlation between the best alt coins and bitcoin, odds favor more 10-baggers than zero-baggers as long as the fundamentals are on your side.
In the late 90s, dot-coms had a huge run due to institutions piling on board. The crypto space has yet to have this occur as 2017 was driven by retail money. In the current bull market, it is highly likely institutions will be a significant factor in the current crypto bull. We are 19 months into the bull market (as of June 28, 2020) with bitcoin having bottomed in Dec-2018, so another year or two of bull activity in bitcoin and the top alt coins is certainly possible given the numerous tailwinds which I have discussed in prior reports as well as the guiding light of history.
My metrics have called every major top & bottom in bitcoin since 2011 (real-time since 2013) within a few weeks of the top. The major signals come rarely but since the space remains relatively clean, sitting tight during bull markets in the right names is key to making big money. As one example, in the bear market of 2018, I was still up that year while the median performing crypto hedge fund lost -46% (PwC).
Nevertheless, DO YOUR DUE DILIGENCE ON ANY COMPANY IN WHICH YOU INVEST. ASSUME A COMPANY CAN GO TO ZERO.