aavkk Posted January 10, 2018 Share Posted January 10, 2018 id love the thoughts and and any constructive criticism from the community here. Currently XRP is 100% of my portfolio. I purchased in August and that will sit peacefully in cold storage for 4 (maybe more) years. Now I want to make an additional investment with significantly more capital but spread things out. With this my intention is to hold for at least 12 months to take advantage of long-term capital gains here in the US (20%) which is way better than short-term at close to 40%. Active trading just doesn’t make sense. My thinking is that’s it’s very likely we will still be in the mania phase in 12 months and so I’ll wait and see at that point. If I anticipate a major correction after 12 months I’ll cash out principal plus a bit and move the rest into xrp. Im thinking this new portfolio will be: 30% additional Xrp 20% NEO 20% XSpec 10% OMG 10% FCT 10% POWR I may take out POWR based on Stefan Thomas’s thoughts on specialty coins going the way of the dodo. Xspec is my dark horse that seems to have a lot of potential in the privacy coin space. From my research there doesn’t appear to be much correlation here which is what I’m trying to avoid. Factom seems like it could be massive long-term. Let me know what you all think. Thanks in advance for your feedback!! Link to comment Share on other sites More sharing options...
Guest Posted January 11, 2018 Share Posted January 11, 2018 I agree with the NEO and OMG. But every crypto outside of XRP I believe will crash in the not quite short term. 12-36 months. XRP will crash too, but it will recover and many others won't. Just make sure you are proactive in keeping up with the tech. It only takes one new crypto to come out and put your other investment down to $0. Short term, I think SC will hit $1 this year. Link to comment Share on other sites More sharing options...
karmflln Posted January 11, 2018 Share Posted January 11, 2018 Agreed. I have faith in NEO. XRP is still my portfolio majority by a mile, but I have given my dollars to NEO and Stellar. aavkk 1 Link to comment Share on other sites More sharing options...
aavkk Posted January 11, 2018 Author Share Posted January 11, 2018 12 hours ago, DrWhoAmI said: I agree with the NEO and OMG. But every crypto outside of XRP I believe will crash in the not quite short term. 12-36 months. XRP will crash too, but it will recover and many others won't. Just make sure you are proactive in keeping up with the tech. It only takes one new crypto to come out and put your other investment down to $0. Short term, I think SC will hit $1 this year. Thanks for the input, it seems we have a similar forecast. I'm planning on cashing out this portfolio/moving over to additional XRP right at the 12 month mark. I need to hold for at least 12 months to take advantage of the much lower long-term capital gains taxes. Link to comment Share on other sites More sharing options...
Guest Posted January 12, 2018 Share Posted January 12, 2018 On 10/1/2018 at 3:02 AM, aavkk said: I may take out POWR based on Stefan Thomas’s thoughts on specialty coins going the way of the dodo. Could you please explain what he said? Link to comment Share on other sites More sharing options...
aavkk Posted January 12, 2018 Author Share Posted January 12, 2018 6 hours ago, MarioFle said: Could you please explain what he said? Sure, the last 2 paragraphs of his first prediction. It does make sense. https://www.coindesk.com/death-ico-4-2018-predictions/ Link to comment Share on other sites More sharing options...
aavkk Posted January 13, 2019 Author Share Posted January 13, 2019 haha, revisiting old threads is fun. Well I'm presently at 80% XRP, 10% NEO and 10% FCT. I have considerable less confidence in NEO than I did a year ago but more confidence in FCT. XRP confidence levels are through the roof. 2 months ago it was 60/20/20 but have been pouring money into XRP. I don't think I will add any additional capital unless we end up below .25. VET looks interesting, what do you all see as its biggest flaws? Link to comment Share on other sites More sharing options...
crypto2libertas Posted January 15, 2019 Share Posted January 15, 2019 I'm a true believer in utility tokens such as XRP. Check out CasinoCoin. You may want to add it to your long term portfolio Link to comment Share on other sites More sharing options...
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