@MarcDeMesel
edited
Portfolio Update: Last Call For BCH? Since read.cash kicks ass, let me share also here my portfolio from time to time. Last update was 1 month back on noise.cash. My call that crypto would likely accelerate parabolically once ATH of 800B broke came true in meantime, we are at 1.5T already. https://noise.cash/post/lm2nx4v1 BCH was then 40%, ETH 20% exposure. Continued to flip ETH for BCH bringing it down to 10% and BCH to 50%, but thanks to going up more as ETH, from low of 0.3 ETH per BCH to now 0.4 ETH per BCH, my exposure went to 55%. This means I got now a majority exposure to the project I believe in the most to make a difference to the world, and to my net worth: Bitcoin Cash. I continued to also invest and donate, from my fiat converting into BCH, to different companies, projects and people creating value for BCH. This is cheating my investment strategy a bit as following the Kelly Criterion, I am not allowed to invest more fiat into an asset where recommended Kelly allocation is lower than what I already have. But a rule book can be cheated on a little as long as one is aware of it and it is an exception. I did this because I believe the opportunity has not past yet to invest strong still in BCH, but that may change over the next month. We are still at depressed levels for BCH, not vs fiat, but vs BTC and ETH, but once it pumps also vs BTC and ETH, the big opportunity has past us and risk went up a lot. Read my previous articles here for more, but all indicators such as BTC/BCH ratio, ETH/BCH ratio, NVT ratio, coinfairvalue.com still show big undervaluation. https://noise.cash/post/lpqpzq87 https://read.cash/@MarcDeMesel Here my portfolio in detail:
Despite losing 3% to my bet on Trump and screwing up shorting GameStop by trying to pick up pennies in front of a steamroller, my Compound Annual Growth Rate has risen to 49% since 2008. Crazy top performance and protecting myself against a serious correction in the market is therefore wise. https://www.youtube.com/watch?v=zBwfTOu8tM4 I continue to short more Gold as I still believe this to be one of the best ways to protect yourself against both a strong market correction or a continued period of rising stock markets. In both scenario's Gold is likely to perform poorly. However instead of shorting more GLD stock I am focused on buying more puts on GLD now as I realized there is no point to short more and raise more cash if I am unable to reinvest this cash due to max leverage reached with my broker. https://www.youtube.com/watch?v=KxNON6TUM08 https://twitter.com/MarcDeMesel/status/1358891175579693066 As I saw confirmed in the book from legendary investor Robert Wilson the big opportunity in shorting is not in the short itself but in being able to long/invest more thanks to the cash proceeds you receive from the short. So been bringing down my cash exposure with my broker strongly from 30% to 13% past month by reducing leverage, selling half my tankers (10%), closing my short on Bonds (-10%), and withdrawing the freed up cash to crypto markets to invest and donate to BCH projects before it explodes. https://twitter.com/MarcDeMesel/status/1355969860216512515 Tankers seem to be past their bottom but still happy I sold half as the profits I made by investing proceeds in BCH, even when just given away as donations, are likely higher than what Tankers can offer. My biggest concern about Tanker thesis is that in the very long term, it's not looking good for oil demand and will go down as the auto converts to electricity. Even if there is a shortage of ships and shipping rates go up a lot again, investor may be hesitant to pump up valuation accordingly if they don't see the very long term as bullish. I did discipline myself to only sell half my position at once, learning from the huge opportunity cost I payed selling my TSLA and especially TSLA calls too aggressively all at once. They say, cut your losses fast, let your winners run. But how do you know a loser is a loser? And a winner is a winner? Only over time, so working in steps wise. Wishing you good judgement. Check great interview I did past month about Bitcoin Cash: https://www.youtube.com/watch?v=HWtR8aOOt80&feature=emb_title
59 comments
Thank you po for donating at this site and hoping that you will be more successful at your trading sir.
I like to read your portfolio update Marc for a very strict reason: every time I read also learn something new and apply to my way of investing, it's important not to just reading this kind of update but also understand and implement if possible, thanks to this glossary of investments 🙏
Gosh I just read pennies wrong. 🙈😅🤦
What did you read? "Picking up panties"?! 😂
I think the organ? 😂😂
Hahaha. 😂 I did not even think of that possibility. 😂🙈
Hahaha, is it possible that what she thinks right? 😂
I'll leave you two thinking. Lmao :)
I wish you all the best and goodluck and be successful in your trading sir. And oh! I forgot I made a drawing for you.. Ive put in my article. And in noise.cash 🥰🥰
Thank you for keeping us informed and pushing us to improve our future
I was just here, but I learned a lot from here and from you, always giving enlightening things in the future, I hope I can be like you.😇😇😇🙏🙏
From my judgment, investors are people who have assets for the long term, not for a short period of time. If someone already has good analytical skills. Then being able to add assets and make those assets develop into a platform, that's genius work. I'm sure, the growth of read.cash and noise.cash users will also influence the market to add value to BCH. this platform just has to develop to a different level that is beyond the existing one.
I was yet to create my portfolio. I really wanted to create one but I don't really have the financial means to do so. But I would definitely save up and hopefully, I will be able to. Thank you sir for this and for the inspiration.
I took a broad look (zoom out) at the chart BCH / BTC, from the 7th of February, I see an inflection point, I know it is still early, but I am hopeful! Good luck and sucess!
Bitcoin is worth $ 50k, Bitcoin Cash should be worth $ 500k. It's only a matter of time but investing in BCH is really the right thing to do if you believe in blockchain as a framework for the future micropayment system.
wow.. CAGR of almost 50% is really impressive. I think once crypto adoption reaches a critical mass and more vendors start accepting crypto payments then BCH will outperform other coins as BCH is best option for making daily transactions. Cheers!
Hello Mark: I guess the best indication is to capitalize on gold to defend yourself, from the correction, what you are performing is safe. Thanks, for maintaining us aware and the fact is I believe that this venture will help our lives, as many of us depending on this. Particularly who we are in third-world nations with painful hyperinflation (Venezuela). Thanks then for the big plan.
I can definitely relate to "picking up pennies in front of a steamroller". My biggest losses come from attempting to scalp trade "cheap" stocks at the end of a bull run... 🙈 Personally, I'm currently more bullish for crypto than for stocks. It seems that many new people made it to the stock market. It's probably about time for the big guys to take their profits from these new investors. 🙈 I'm not looking forward to it, but I kind of expect that's what will happen. At the same time mainstream crypto adoption in the real world seems to have just started. Unfortunately, Tesla chose BTC instead of BCH, but that will probably push up most cryptos, too.
Marc, what do you think about energy stocks? Tesla is only a small part of a whole new transition to new sources of energy, many segments of the industry expected to be disrupted from.
Though I have little knowledge about investing, I can say here that you really know the pros and cons of investing from the analytical details of your portfolios. I also see here that you are not just relying on luck in what you do but disciplined yourself to read and know more about what you are doing. I hope to continue reading your articles and to follow you on all your social media channels as a mentee with a mentor. Thanks, Marc
Hi sir,good evening..i salute you on your cryptos.. If you have time to visit my BCH inspiring article,here👉 https://read.cash/@rosellie/goal-reached-714aeb98 ..thank you and More blessings to you😊
Patience is always a Virtue 😇 Bitcoin Cash will rule soon 💚 Nothing can compare BCH especially in Transaction fees. As I experienced it myself whenever I need money I will transfer my BCH from Bitcoin. com to my fiat wallet and actually there is no fee because it's just almost $0.00. Very convenient to use. 😇
I am more than sure that this platform and noise are the biggest in the Cryptoworld plus publish0x that really bring out the best of the outspoken crypto lovers. The others are on GitHub and other anonymous sites. Still a huge contribution to the crypto space. We just can't thank you enough for both helping us, educating us and being our strong hold when we thought all was lost in the dumps of the corrections. My bets are on BCH a good 50% The rest is not to keep all gets in one basket, 50% ROI, been betting since BCH 300, now at 700+ it's amazing but I've sold and bought along the way, it's only human to learn with the loses and untimely shorts. Thank you so much. Love n light Hermitworldwide Bless up!
yes mr marc you are right . This is the best time to call more people for bitcoin cash movement.. 2 week ago a an exprienced trader told me that bitcoin cash will be back to the crypto game. and dogecoin will fall . Now BCH back to top 10 . I think the price of Bitcoin Cash will make a long bull run . So I see you know something important i do not now , so swapping ETH to BCH is a vise decision . Thanks for sharing
Just curious, did you have those CAGR numbers even before you invested in crypto? If yes that’s awesome!
No, from 2008 till 2012 my returns were only 5%, and after inflation 0%. It was thanks to investing in Bitcoin end 2012 that my returns starting 2013 were a lot better. In fact, CAGR around 90% since 2013. Not only thx to crypto thou but also thanks to timing market well, buying bottoms, selling tops, buying Tesla when was cheap and hated middle 2019 around 200 pre split, and selling all before Corona crash, and 100% back in around bottom, also made money with calls, so Crypto was not my only source of return.
That's awesome, Marc! I would say the keys to your success were 2 things 1> Timing the market well which takes a lot of knowledge (TA etc) and experience of having seen the previous bull/bear cycles 2> More importantly believing in the right things. The very fact that you believed in BTC/TSLA from the very beginning and were willing to bet on it is the biggest win. You were surely a visionary and had the sack to back your convictions! You sir, are an inspiration!
That's the way of thinking of an investor, therefore I absolutely do not believe that the rich in the world do not own cryptocurrencies and stocks in some other form. Likewise the analysts and officials who reject cryoticurrency, they must have some assets but don't tell the world. an investor is a person who has many assets, be it stocks, gold, cryptocurrency, and other assets that can provide profit.
Great.. BCH is moving to 1k already 😁
In my personal opinion, this year should be focused on crypto only. There will be time to diversify, I do not think that time is now yet. Personally, I am hoping ETH could still continue pumping because I am planning to sell them all. BTC I am not sure because not yet central banks have bought it. BCH is struggling a little bit compared with other majors, not as bad as xrp though but still... BCH really needs a good push and a lot of money to buy it. Why would not the big guys just buy all the BCH from the exchanges and deposit those coins to Grayscale? And when the lock up is done, if there is premium, then sell the unfrozen shares and spend this cash to buy more bch to Grayscale? We need really something like Grayscale arbitrage taking place. Even if the premium is like 10 % it is still good. Of course, if the premium gets negative, then just wait until the premium is back.
How do you know a loser is a loser and a winner is a winner? Time tells. This write-up taught me the beauty of patience. Thanks for all the donations
You are not just generous and wise, you also have a heart that not all can have. I mean, you say you are still happy you sold half as the profits you've made by investing proceeds in BCH, even when just given away as donations, and this made me feel more than happy. With this, my confidence of spreading awareness about this community and for BCH itself in my blog, was boosted. Thank you, sir. :)
@MarcDeMesel I've also read the caption from Robert Wilson when I started entering the BCH trading. And that's really a very effective way of shorting.
Great work Marc! Thanks for opening up your portfolio for us to see. Looks like you are still kicking ass and you look as happy as ever.
I find this post insightful to all writers on the platform who want a tip from Marc - I thought it best to share it here - because most people writing for Read.Cash land here first while researchjng about Marc https://read.cash/@Richard-M-Adrian/how-to-write-about-a-cryptocurrency-to-all-tip-hopefuls-churning-articles-about-bitcoin-cash-1a04cda1
Reading your article made me realize I need to study more to understand what's going on. I will become a great investor soon. Thank you for inspiring us.
If you see the cover of the popcast, I remember your YouTube Mac, you can edit the cover of the YouTube video with Canva.
That was interesting as I am new to the crypto world and just started this 2021 I can see that BCH has a decent potential.. Despite it still a far cry from btc but base on my experience on this few months where it suddenly rise then I am hopeful that a similar experience where soon to occur around late March or early April.. That gave me enough time to scramble what little BCH scattered all over the web.. unlike some huge investor I am just a small part timer in the internet world..
Watching and reading your posts and videos on youtube gives me more insight into this BCH thing.
Marc, do you think crypto will eventually come to compete with fiat?
Wow..
Wow Bitcoin cash BCH keep it rolling...
Hello Sir. You might want to check out my post about your youtube video regarding the crypto, making it to the top, around 7T within 3 months. https://read.cash/@noisytoothie/hodl-crypto-likely-tops-around-7t-in-only-3-months-fc7d6265
BCH to the moon and always. https://read.cash/@CryptoPanda/the-banks-vs-bitcoin-cashbch-c10b739e.
I am regretting why i did not read your this article before because i lost my earning without knowing any thing i started traded btw you explained very well
I am just a newbie in crypto world. And BCH is my very first crypto I hold. I know, someday, in the near future, It will help me help my parents to have good life. 😊 I believe in BCH. I'll hold it till I able to support my parents needs as they're getting older. From now on, I will be reading articles regarding BCH. GOOD LUCK AND GODBLESS SIR @MarcDeMesel 😊
Everytime I read articles like this, all I thought is that, there are lots of users who are so smart. The wide knowledge about cryptocurrencies. Me being new in this kind of world, I am focused on BCH. It's the first crypto who had helped me a lot since day one that I joined noise.cash and read.cash. These platforms made me understand that though I am unemployed, I am able to earn everyday. Thank you sir @MarcdeMesel for giving everyone hopes that future is brighter with BCH.
I'm still a newbie in the world of Crypto. I continue to learn from articles like this one. I admit that there are lots of terminologies that I still have to full understand in the world of crypto currency, and lots of terms that are having a while new meaning. Anyways, in due time I know I will catch up soon. I just need to read more articles written by people like you. Learn from the experience of the others as they say. The bonus part is, I'm already earning BCH from read.cash and noise.cash.
I admire you so muched sir. I hope soon I will be like you and will support BCH too. I know that it is impossible but I will follow your lead sir. I know I can do this
You are so courageous to invest sir. It is risky but will be worth the risk. Hoping to be courageous as you are.
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