I am also willing to experiment in cryptos but not with my own money. Since you have the money and the risk appetite I am willing to contribute my labour for a piece of profit. In other words, you employ me to trade cryptos.

why are people so indifferent about bitcion.there's no difference in the way you invest in stocks with the way you invest in bitcion.when i pull out a bitcoin chart and compare it with a nse chart the same technical analysis methods are applicable on both charts.BTC is here to stay.the more people realize it the better.

I'm sure this how banks/creditors lost money lending to Nakumatt relying on EPS, cash growth projections, growth forecasts. Projections, models, ratios and other math algos mean nothing. Prices are nothing but signals to you the owner of capital 'deal or no deal'. You just have to feel the rhythm of market.

I was illustrating how those tools can sometimes not be useful. The use of models has messed up price signals in post QE world. E.g. banks(not necessarily local banks) are not marking their assets on the books to markets instead they mark to models. So the bank will lend to nakumatt on the model of the future financials. In the market nakumatt may be worth nothing but the bank still may keep marking to model. Bank may report to you a profit with nothing to back it up, that's why your first hand knowledge of the market is more useful. That's how most of the debt in the world is nowadays operating. In a world of derivatives it's all smoke and mirrors. Same applies to cryptos.

Models break down as Long-Term Capital Management learnt the hard way.

This market is crazy. Insane swings. 3 days later and the portfolio is already up 14%. I wouldn't be surprised to check after another three days only to find 50% gone. It is extremely volatile.

Classic case of FOMO

Remember, try not be greedy. Set target, once realized, take profit, then SOBERLY set another.

I put up a link a while ago. The same market shed off 70%, and can easily do more. The forces are still with in play. Stay sober

I have been studying the cryptocurrency market for a few months. During this time, I have witnessed over half a trillion dollars worth of capital erosion. It has been a bad bloodbath for speculators during the period. However, I have reason to believe that there are still scarce opportunities to make money in that market. I am a fundamentalist, but fundamental analysis is technically impossible in the cryptocurrency market because most of them are just projects on paper. Bearing in mind that I am not well versed with technical analysis either, I have decided to risk a paltry Ksh 300,000 ($3000) to speculate in the turbulent market.
Venture: To Speculate in Digital Assets
Capital: $3,000 that I can afford to lose
Strategy: Trend following.
Goal: To make a modest return in a bear market.
Explaining the strategy
Buying:-I will actively search for coins and tokens that demonstrate an upward trend in both price and volume over thirty days.
Selling:- I will sell any coin that does the reverse but instead of waiting for thirty days, I will use fifteen days to stem any losses incurred.
Number of coins/tokens:- For diversification purposes, I will only speculate in 3 or 4 coins/tokens at any given time. The capital will be shared proportionally between the coins/tokens. Portfolio rebalancing will be carried out every time I cash out of a coin.
Speculative Activity 1
a) Binance Coin (BNB)
Current price: $11.88 USD
Amount invested: $1000
Price trend: Gained 55% in the last 30 days
Volume trend: Volume has been increasing steadily in the last 30 days. Often trades more than 5% of its total market capitalization every 24 hrs. There is an upcoming coin burn in April which might prop the price upwards.
b) Verge (XVG)
Current price: $0.070173
Amount invested: $1000
Price trend: Gained 97% in the last 30 days
Volume trend: The coin has been experiencing volumes of above 10% of its total market capitalization in 24 hrs and the volume is on an upward trajectory too.
c) IOSToken (IOST)
Current price: $0.0303
Amount invested: $1000
Price trend: Gained 72% in the last 30 days
Volume trend: Volume has been increasing steadily too. Over 30% of total market capitalization has been traded in 24 hr periods in the last few days.

NB: My investment horizon is undefined. This is not investment advice and is for experimental purposes only. I risked $3000 because I am also prepared to lose it all in the murky waters of cryptocurrency speculation.Fortune favors the bold. Also, as a disclaimer, I have zero knowledge in trading/speculating in digital assets.

#Happy Hunting#

Central bank warned kenyans about this scam.Its more of a pyramid scheme.
And of all wazuans i couldnt imagine you in this thing.