How much of X coin should I hold?

One of the most common questions I get asked is “How much of X coin should I hold?”. The question is often asked in the context of “how much of it do I need to be rich”. This is asking the completely wrong question. How much of X coin you should hold depends completely on how much crypto you have overall and should be determined by percentages, not absolute numbers.

Advertisement, good valuation or just random guessing?

There has been a lot of discussion about the site and how it values coins, mostly on the number of txs. A lot of alt coin enthusiasts are really touting this site because it devalues BTC and pumps up the value of alts.
However, since this site does not consider the average value per tx in their calculations, I have to say that these calculations are not accurate at all or dependable. And besides, unless you can find me a “fair value” wallet and a “fair value” exchange, the numbers are sort of meaningless.

Samsung will integrate crypto for 10 million people

Samsung has released their Galaxy S10 which has support for Ethereum and all ERC-20 tokens. But morever, Samsung will integrate their payment platform, Samsung Pay, for over 10 million people. This will be a big boon for crypto and especially for ERC-20 payment tokens as it will broaden their user base. Hopefully this can bring crypto into the mainstream and make a bull run.

Top 10 Coins by Marketcap predictions for 2019

Here are my top ten coins by Marketcap by the end of 2019.

1. Bitcoin(BTC) — The King is still king a year and a half from now
2. Stellar(XLM) — Partnerships with IBM, VISA and others drive it up to #2
3. XRP — XRP remains strong, gets past lawsuits and stays at #3
4. Monero(XMR) — The Darknet and Black Market is strong with this one
5. IOTA(MIOTA) — BOSCH, Volkwagen, Fujitsu, and other Parnterships catapult this into the top 5
6. Ethereum(ETH) — Lackluster technology and Casper and Sharding might come too late
7. TRON(TRX)– Jumps to #7 from partnerships and the eternal hype-machine, Justin Sun
8. EOS — 6,7,8 are all interchangable and EOS may well be #6 at the end of 2019, we will have to see how adoption works

9. VeChain

10. NEO — Chinese State Sponsorship?

Notable dropouts:

* Tether — Well its pegged to USD so if the market turns bull, this one will obviously drop in ranking

* Bitcoin Cash — Hard Fork Woes, sentiment not great
* Litecoin — Lack of big partnerships, we love Charlie Lee, but we need more news

Other to watch for

* Dogecoin — Fandom may be dedicated enough to drive it to new heights
* Binance Coin(BNB) — Binance is launching a Dex and as volume picks up, BNB will be more and more in demand

ICO’s sell $30 million of Ethereum, more dumping to come?

Ethereum, which has lost 60% since the beginning of September, may have more bad times ahead. ICOs, many of whom raised funding in Ethereum token are now dumping their tokens. ICOs reportedly sold off in quick succession, over $30 million in Ethereum tokens, tanking the price to $185 and the dumping may not be over yet. ICOs still hold hundreds of millions of dollars in Ethereum tokens that could be dumped if there is an exodus from Ethereum. This is further future implications for Ethereum as there are two possibilities.
The first is that the ICOs are just running out of money and need to sell to have funds for development. This would signal that projects based on Ethereum are running out of steam and may go under, which would negatively impact Ethereum by further decreasing its network transaction volume.
Second, these ICOs may be selling their Ethereum tokens because they are planning to move from ERC-20 to another network like XLM, TRON, EOS, etc. This would also be bad for Ethereum as it would increase a competitor’s volume while decreasing Ethereum’s own volume.
Either way I look at it, I would not put much money in Ethereum under the current market conditions.

Top five Masternode Coins for September/October 2018

The world of Masternode coins moves very fast as ROI can change drastically from one month to the next. Below are five Masternode coins that I think have a good combination of stability and profitability for September and October of 2018.

* I am not a professional financial adviser and this is not professional financial advice, these are just my opinions and I am not responsible for your gains or losses.

1. Card Buyers Coin (Bcard) — This coin currently has over 900% ROI and is only about 12 cents a coin right now. It will continue to have good ROI for the next two months and have pretty good ROI for about 2 months after that. Its price is low right now because some people mistakenly have accused it for having malicious code in its wallet software. That has been proven false as the hacks were to another wallet and had nothing to do with Bcard. The FUD is still causing this coin’s price to be low but I believe in a week or so it will recover.

2. Secure Cloud coin(Sc2) — This coin is currently over 500% ROI and is following the pace of its roadmap with an beta version of its marketplace to be completed in December of 2018. Although it has come down from its super reward block, its ROI is still strong and owners of the coin are not mass dumping and the price is holding steady. The ROI, I believe, will remain above 250% for some months yet and for a coin with good stability, that is a very good ROI number which will attract people. As we get closer to the launch of an actual product, I do believe demand for the coin will rise. The product will launch before the ROI drops too much.

3. Logis Coin(LGS) — This is run by the same people who run Light Pay Coin, possibly the best MN coin of 2018. This coin will have increasing reward blocks for a few months yet and due to the transparency of the team, I think they will do extremely well. It has suffered a dip in price recently so it may be a good time to pick some up. If you have the money to get a node, I think this is s worthy investment.

4. PayDay Coin(PDX) — This coin is here not because of its MN potential, but because of its day trading potential. The price for a node is too high for most and I’m pretty sure most of the trading is run by bots. But this coin usually has a cycle of 3 days to 1.5 weeks where the price will range from $1.20 to $3.5 lately so buying close to the bottom and selling close to the top will net you a large ROI for this coin. I’m not sure about the product and the team although it does look like it has a team.

5. Gincoin(GIN) — One of the earlier Masternode coins that actually has a working product that people are paying for. They are also a registered entity as well. The price has suffered as of late because they are complying with regulations being a legit company and are waiting for legal papers to come through to start their shared MasterNode service. Once that comes through, I expect price to rebound rather quickly so buying low now may be a good idea.

Those are my picks for Masternode Coins for September and October of 2018.

Dogecoin: 5 reasons to invest

There are 5 reasons to invest in Dogecoin right now because of the potential and they are:

1. Dogethereum Launch – Next week
2. Bitcoin ETF approval – possible Sept 30th, more likely in Feb of next year
3. Major exchange listings – Coinbase and maybe others
4. Doge community
5. Business partnership and Integrations, UPS and others

Check out the video below.

How to pick a winner in the Masternodes Coin Jungle

There are hundreds of Masternode coins, and many of them are scams waiting to scam you out of money(IFP, EAZY), so how do you pick a winner among a sea of losers? While there is no guaranteed way there are a few things to looks for:

1) Make sure the dev team is listed on the website. Although cryptocurrency is anonymous, when investing in a Masternode coin, you don’t want a team that is anonymous. Also check out the website of KYD coin and see if you team is listed there.

2) Check out the community. You do not want to invest in a coin with a dead or almost dead community where the admin never shows up and the mods are inactive. Also, avoid the coins where everyone is calling it a scam. One or two people is fine as there will always be people spreading FUD because they’ve been burned before. You generally want a positive community where people levy criticism, but most aren’t calling it a scam.

3) Check the Github. Make sure there are several commits. It doesn’t necessarily need to be updated that often as even some of the more established coins may not have recent Github activity. However, you don’t want to see 1 or 2 commits only.

4) Check the rewards structure. Coins that have a long-term rewards structure that don’t front-load the rewards into the first 3 weeks have a much better chance of surviving.

Following these four tips will help you pick winner(although never guaranteed) among a sea of losers.