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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. The prices have not yet been audited or verified. That said, the trades are documented on 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 coins before the U.S. disallowed such trading activity.
| Coin | Opening position | Current Price (8-3-2019) |
% Gain/Loss as of 8-3-2019 |
$10,000 becomes |
|---|---|---|---|---|
|
Enjin (ENJ) reported on 3/1/19 |
long | $0.079 |
0.084 | 6.33% | $10,633 |
|
Theta (THETA) reported on 3/1/19 |
long | $0.148 |
0.127 | -14.19% | $9,124 |
|
Maker (MKR) reported on 3/1/19 |
long | $685 |
597 | -12.85% | $7,952 |
|
Ravencoin (RVN) reported on 3/19/19 |
long | $0.036 |
0.043 | 19.44% | $9,498 |
|
Decentraland (MANA) reported on 3/28/19 |
long | $0.072 |
0.042 | -41.67% | $5,540 |
|
Holochain (HOT) reported on 3/28/19 |
long | $0.001 |
0.0011 | 10.00% | $6,094 |
|
Chainlink (LINK) reported on 4/2/19 |
long | $0.582 |
2.68 | 360.48% | $28,061 |
|
Huobi Token (HT) reported on 4/2/19 |
long | $2.75 |
4.73 | 72.00% | $48,265 |
|
Nebulas (NAS) reported on 4/16/19 |
long | $1.42 |
1.02 | -28.17% | $34,669 |
|
Crypto.com Visa (MCO) reported on 5/29/19 |
long | $6.68 |
4.29 | -35.78% | $22,264 |
|
Bitcoin (BTC) reported on 8/3/19 |
long | $10810 |
10810 | 0.00% | $22,264 |
The "$10,000 becomes" column is calculated assuming the running balance is used to buy a new coin. Thus returns are amplified in both directions (for both gains and losses). In other words, if 10% were lost for three successive coins after $10000 had become say $50000, the loss would be $50000*.9*.9*.9 which would leave $36450.
In practice, I may buy a coin more than once. Other coins I may not buy at all. The number of coins shown in the table is greater than what I currently own. I am watching the other coins shown in the table for possible entry points. I tend to put most all of my capital into coins that I think will beat out BTC by large margins. That said, BTC is the coin to beat over any given cycle, thus buying the right names takes much in-depth analysis. 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.
Note on Bitcoin (BTC): I have made various calls over the years. On January 30, 2018, I personally went to cash selling all my cryptocurrencies on this date due to a major sell signal in bitcoin. I then only bought Binance (BNB) later in 2018. My 2018 performance: +528%. Average cryptofund in 2018: -70.1%. We then sent out buy signals on GBTC on March 18, 2019. For the purposes of the above table, I will start to include calls on BTC (the original bitcoin).