The most attractive bear market is where fundamentals are strong but temporary circumstances are compelling participants to sell. We are at the tail end of this correction & have already very likely bottomed.
You all came to crypto for this one secret that you already know. It's:
"oh man, had I bought and held Ethereum from $1.50 back in August of 2015 and actually held onto it ... I would have sizeably changed everything."
And so that brings me to this: HODL is not 3 or 6 months. It’s years. That requires immense patience & foresight. But it wasn't just Ethereum...realize that it was nearly any half decent project/coin that launched that has all cince mooned. They say mooned because nearly all of their charts look nearly vertical. Really acknowledge that the cryptocurrency market cap is not going down from here in the primary term macro direction. It's going to only go higher, just as it has since inception. We are especially in the most energetic era for cryptocurrency adoption. Most things are a distraction in the crypto sphere. Don’t get sucked up and swept off course. Accumulating more coins is what matters. Learn to appreciate the growing pains of cryptocurrency as they are the sole reason why we’re able to purchase most projects at heavily discounted values to where they're going. Being both grateful & patient during pullback cycles, whilst accumulating great coins is perhaps the most important winning trait of how to succeed in crypto. It's the impatience & need for instant gratification that will kaboom many noob accounts. Don't be that guy.
Again, distinguish that we are not in the 2013 era of Bitcoin. Comparing the bitcoin/crypto environment to the likeness of the 2013 crash is ill errored. That's like comparing AAPL pre iPod/iPhone era.
BotTrigger Crypto Trade Alerts:
→ $NANO bought @ $13.78 (0.0013250 BTC) on Binance for a 5% allocation in the Sleeping Giants portfolio in leiu of Wanchain. When Wanchain finally gets released will likely still allocate to it from our BTC value. There's too much hype around Wanchain at the moment...I'm inclined to let everyone else chase it while we watch what happens in the first few days.
→ $DRGN bought @ $1.40 (0.00013700 BTC) on Kucoin for a 3% allocation in the Sleeping Giants portfolio. Taken from BTC allocation.
→ $ICX added here @ $4.00 on Binance to increase our position and cost average our cost basis here near the lows. We are reducing our BTC value by 20% for this purchase.
We're buying NANO for both a technical breakout play & strong fundamentals behind the project. The project, chart, team & token metris all have to shine for us to give any attention to project that we're considering to add to our bags. NANO is one of those coins. Let's take a look:
★ Record Volume Surge: usually this occurs at the top of bull runs that tend to give signal of exhaustion...instead we see this happening at the bottom trough of the range.
★ -80% pullback from the highs from $37.62 to $6.80 ...and has since more than doubled off the bottom is indicative behavior of a position that has very likely bottomed when you add the record surge and very unusual new inflow of volume.
★ Moderately low supply of coins with both the circulating supply & max supply in line @ 133.25 million coins. Not only is this relatively a low amount of coins but that they're in line means that we don't have to worry about any new coins being minted or released into the circulation. 133.25 million coins is all out there.
However - one concern worth ackowledging is the recent Bitgrail Exchange which was hacked for about 17 million NANO tokens that was reported back on February 8th of this month. So it goes without saying that there is a hacker out there who has 17 million tokens worth of NANO tokens. This definitely is a concern but more of a speed bump concern than anything too major. What's important is to judge the relative behavior of NANO's performance after the fact. Even with the FUD of the Bitgrail hack(er) we saw record buy volume come in off the lows with positive accumulation.
★ Social Sentiment is fanatically bullish and for good reason. The supposed rumor that Coinbase may be adding NANO to the Coinbase exchange is an interesting connection of the dots but it's not why we're accumulating NANO. The narrative itself is interesting and goes something like this:
→ Founder of Coinbase Brian Armstrong liked the founder of NANO's tweets ...last time Brian liked another coins tweet was Bitcoin Cash which later got listed on Coinbase. Pretty childish assumption but that's how the story starts. It goes a little deeper however in that Gary Tan was Coinbase's primary seed investor. Just days before Gary was meeting with the NANO team to witness the first NANO transfer to an Android mobile wallet & tweeted a video about his experience.
Gary Tan is clearly bullish on NANO.
https://twitter.com/garrytan/status/966122234271051776
At 7000 transactions per second and feeless transactions along with mobile wallets for both iOS & Android already live and in use, this is will only increase user adoption growth.
https://twitter.com/Mrlutavo/status/963948510679830528
NANO is not your typical blockchain architecture.
Instead of the traditional blockchain, technology, Nano utilizes a directed acyclic graph (DAG) model for its decentralized ledger, which is known as a ‘block lattice’ as opposed to a ‘blockchain.’ IOTA is another popular cryptocurrency that utilises a DAG. By using a DAG Nano is able to be lightning fast, feeless, able to scale to thousands of transactions per second and all of this while maintaining a very small carbon footprint. Block Lattice With the Nano block lattice, each account has its own blockchain, with only the account owner able to update their chain. To transact on the network, the account owner must provide the computational power to run a transaction, eliminating the need for miners to verify blocks of transactions and the entire network to update the ledger, which in turn creates a system that is instantaneous, extremely efficient and free to transact.
THE ICON WALLET HAS NOW BEEN RELEASED:
ICX Wallet is now live and very nicely built. Looks great! Remember, the $ICX tokens we are now holding are placement holder tokens that are intended to be converted to ICON native token, aka ICON mainnet tokens. Please read the full announcement & instructions on how to setup the ICON wallet here:
https://medium.com/helloiconworld/launching-of-iconex-b88c998442cf
They made it a Chrome browser enabled extension which is your private key access to your online wallet , similar to the Metamask extension. For full details on the formal announcement from Icon & instructions on how to get your wallet setup &
Note* you will have 2 wallets you can create:
1) ICON WALLET
2) ETH WALLET
Very important you only send your ICX ERC20 tokens to the "ETH wallet." It's for storing eth & any erc20 tokens. The "icon wallet" is only for mainnet tokens
Sending ICX erc20 tokens to the ETH wallet is not mandatory. The token swap is still to be announced by ICON....so moving any ICX erc20 tokens is not a requisite at this time. Per their announcement, ICON has explicitly stated that they will be in communication with us what the next steps are to formally swap our ICX ERC2 for the ICON mainnet tokens.
INSTRUCTIONS ON HOW TO REGISTER YOUR EOS TOKENS BEFORE JUNE 1st. ALSO* DOING SO BEFORE THE CLOSE FEBRUARY QUALIFIES FOR THE EOS AIR DROP OF EVERIPEDIA TOKENS WHICH IS A DAPP THAT IS LAUNCHING ON EOS.
https://steemit.com/eos/@lexiconical/eos-airdrop-coming-everipedia-drop-scheduled-towards-end-of-february-must-move-tokens-to-receive
BONUS
In other news, Goldman Sachs secretly buys Poloniex for $400 million through their sole funded startup called Circle.
https://techcrunch.com/2018/02/26/circle-acquires-cryptocurrency-exchange-poloniex/
Notice the date of this clip back from 2013. Why it's especially important to distinguish how old regimes fight for decades. Consider that Cryptocurrencies will likely free/save/absolve the trillions of debt.