BTC - Bitcoin HOLD until 25th of October 2017

-
BTC - Bitcoin: HOLD until 25th of October 2017

 Current Share Price: 5650$
Leverage: X1
Stop Loss: 0,01$
Target: 16.000$

 On 1st of November 2017 investors get free Bitcoin Gold coins for every Bitcoin they hold on 25th of October 2017 in their wallets. The last fork to Bitcoin Cash (similar method with free coins) created earnings of around 10% cash because 1 Bitcoin is about 0.1 Bitcoin Cash in value. In expectations of another 10% cash return on investment bitcoin prices skyrocket because investors worldwide buy into bitcoins. I don't know how to set a target for the bitcoin price until 25th of October 2017 but I bought bitcoins 15 days ago at 4198.97$ and they trade now at 5631.2$. To avoid any automatic sales (e.g. because of glitches) I therefore set the stop loss to 0,01$ and the take profit price to 16.000$.

My portfolio shows a current profit of 34.11% which is very nice and I expect this strategy to work very well for the coming weeks until I get the free coins.

However on 18th of November 2017 there will be the SegWit2x Hard Fork of Bitcoin.

See: https://blog.xapo.com/about-the-bitcoin-segwit2x-update/


 A Final Word In Regards Of Risks Involved

If you are new on this blog please read through the introduction (the big picture) before following my strategy and advises. You can find this introduction here.

Kommentare

Kommentar veröffentlichen

Beliebte Posts aus diesem Blog

The big picture - Introducing myself

-
Bild
A Brief Introduction To Intelligent Financial Investments by Bernhard Mähr When I was 18 years old I bought my first Investment Fonds at Erste Bank and learned from my favorite bank adviser about the cost average effect and invested with a monthly small payment into an Erste Bank Fond. 20 years later I still work as a Software Developer for ERP Software and studied Economics and Science at the University. In my studies I learned a lot about companies, Management and to read balance sheets and financial statements. That knowledge helps me a lot nowadays when I want to pick the right stock. With my money I earned additional USD not only from my monthly salary but from a cost average effect investment throughout the financial crisis from 2008 - 2017. In addition I earn some money with trainings (see www.laendlekurs.com ). My favorite bank adviser however changed from an Erste Bank sales person to Warren Buffet or better to some wisdom of the book "The Intelligent Investor" b
Mehr anzeigen

GreatCell Solar And The Gamble On Perovskite Solar Cells

-
Current Price: 0,146$ Capital Investment: Not Invested - No Trade Open My friend Michael invested into GreatCell Solar in hopes that shareholders will take great profits when all the R & D on Perovskite solar cells finally results in products produced and revenues for the company. GreatCell Solar recently rebranded themselves from Dyesol to GreatCell causing a lot of confusion on the stock exchanges because they also changed their ticker abbrevation for the stock. Currently GreatCell Solar (former Dyesol) burns cash by developing new 3rd generation solar cells with the new perovskite technology. GreatCell Solar is a small cap company and I analysed it mainly because I was interested in my friends investment. Perovskite Solar Cells If you are interested in Perovskite solar cells and how these cells could revolutionize the market you can check out the following two articles: https://www.huffingtonpost.com/clayton-b-cornell/perovskite-solar-cell-key_b_11069628.html https://w
Mehr anzeigen

Added even more selling of the S & P 500 - Corona Crisis not over, housing market doesn't look good as well and possibly CLO crisis ahead?

-
Are you serious? We are in the middle of a corona crisis and the S & P 500 trades at only 10% down from its all time high? I think I might have been a little wrong with the timing of my first sellings in the S & P 500 regarding the recent bull run. However this recent bull run could very easily be a bull trap - we don't know! All we know is that the FED adds to the debt a lot. See:  https://www.youtube.com/watch?v=TP44g_R_TkM We have a 31% increase of the S & P 500 after a 35% decline. For over 2 years I expected a CLO crisis because we were already in a debt crisis in 2018 from my point of view. Companies were highly leveraged already in 2018 and 2020 the situation is only worse. I always thought all it takes is a shock to the economy and the crisis will unfold similar to the CMO crisis back then in 2007 / 2008. However it seems to be the case that I am not the only person who recognized this problem. Read the following Harvard Review article and you will under
Mehr anzeigen