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MarcdeKoning - Administrator
Traffic Value: $468,983.12758 Netherlands
27 like this post 2 people
07/07/2017 15:14
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Today's news is an analysis of the crypto trading fund of the past 2 months.

It's been 2 very volatile months on the market and the market has been ever changing.

At first whenever bitcoin would go up, every other crypto would move down to stick to the same dollar-value and the market was pretty bullish.
About 6 weeks ago lots of money poured into the market and the crypto market cap went up by 25% in about 10 days.
Every single analyst was able to get some pairs correctly and make a ton of money and the signs were there that this growth would continue.
The signs were lots of new money pouring in and about 6x more traders in a period of about a month.
Even much so that ddosers saw a golden opportunity and caused a lot of problems for the exchanges.

This was the start of a big downtrend.

The strategy I had in mind was simple, I wanted to see if a high risk portfolio would outperform a buy and hold portfolio over a period of 2 months.
The MTV portfolio was the buy and hold portfolio, my personal one the one with which I would do high risk trades, with margin and big market exposure.

Right before the DDOS-attacks occurred, I was doing really good with the portfolio.
I never followed analysts before in my entire life time and I always trade based on technology, news and waves.
But there was this one analyst that popped up on facebook and he called a lot of pairs so precisely that I got interested.
If he would say a certain coin would go from the current 1100 satoshi's and it would see 2530 satoshi's in 2 days from now then it would go to 2528-2532 and drop right there and then.
The high level of precision was so ridiculous that when he called a pair (Stellar) that would make a x3 I didn't hesitate long and jumped in.

On my own portfolio I used 40% of my account to trade that pair on margin, while the rest was in other pairs.
Long story short.. The DDOS attacks occurred, my pair dropped 70%, I was forced to sell the rest of my account to support the margin and lost it all in the end anyway.
Coupled with a ton of poloniex bugs that bled my account dry, I lost $600k.

On the MTV portfolio, (the buy and hold portfolio) I was a bit more careful and didn't spend more than 30% of the account on that pair, without margin.
Once the ddos attacks seemed to be over and the pair went up and broke a very important wall on the market, I raised it up to 70% as everyone "knew" the next day the big run would finally occur.

Then the next day I woke up and we had the news that bitcoin would get a segwit and it completely destroyed any other alt's pattern.
Bitcoin up means... "Jump on board!" in the crypto world.
So.. Bitcoin went up and all the other pairs went down and lost their course.
Then during the rest of the month all the analysts were forecasting that Stellar would still get its run "in 2 days", "In 3 days" etc etc.. So it made everyone hold its stellar. (There are a LOT of people who lost fortunes on the coin)

So.. 70% of the account was just "waiting" while it dropped over 70% over time.

The other 30% I decided to use a bit more actively and I managed to still get the overall account value up to $92k (200%).

Then 2 weeks ago the bull market was over, but it was hard to realize that this was a big correction.
I did call it a bubble long before, but as 6x more traders got in and lots of good news and mass adoption seemed to kick in, it didn't feel "That weird" for the price to explosively go up. (Tech is overvalued more often, look at silicon valley for example)

Overnight, I lost a ton of usd value.
But as we were all utterly clueless of the proportions of the dip, we held.

On top of that, the bitcoin/alt-behaviour severely changed.
It went from bitcoin up= alt doing the opposite (and vice versa) to bitcoin down= Alts down as well with a 1 to 1.5 ratio.
Basically meaning that if bitcoin drops 10%, alts drop 15% on top of that, so altcoin holders lost 25% in USD value.

And that's what happened.. Bitcoin dumped to 2200, alts dropped a whole lot more and the portfolio went from $92k to $55k in a week.
That's when analysts seemed to understand that this might be a very big drop and bitcoin might even see 1200-1500$

That's where I sold.

Then a few days ago I got back in the market as I saw litecoin had some life in it (I was still holding Stellar, it seemed foolish to sell now at a fraction of the value)

So I traded some waves on Litecoin and made money, but Stellar meanwhile dropped further from 1200 to 880 satoshi's.
I was up to $58k just yesterday, went to bed, woke up to the entire market being bearish again.

Regarding XRP and STR I've read a very disturbing article today of a person who investigated the huge x40 (xrp) and x10 (STR).

Basically the story in short is the following.
A co-founder of MT.gox moved to Ripple, got 10% of the ripple for being part of the board, ditched the project within a year and founded stellar.

He was not allowed to sell off his XRP all at once, unless the market volume would be very large.
So he found a way to manipulate the market volume and hike the price up 40x, then as per agreement he sold off his full stake 2 weeks after. (Lots of traces led to him and he is the only person with such an amount of XRP who could have sold)

Then 2 days after that huge volume occurred on Stellar, hiking the price up 10x, I don't think it's hard to guess who pumped in all that money.

So.. We've been fooled, we've all been fooled.
XRP and Stellar are very likely to plummet to earth as they are incredibly overvalued as of now.

With all these black swan events in 2 months I think it's a miracle I even came out on top.

-XRP massively plummeting
-STR massively plummeting
-Bitcoin segwit announcement
-Ddos attacks
-Poloniex bugs
-A massive bearmarket

--

I can honestly say that I am not proud of the result what so ever, but at the same time I have learned a whole lot.
This is the first massive bear market I have experienced, it has taught me to limit exposure to a small amount of pairs, it has taught me the value of USDT in a bearmarket, it has taught me that using margin on crypto currencies is insane, it has taught me that you can't leave all of your money in just one exchange, it has taught me that there are massive, massive scams and manipulation going on..
I have learned that 95% of the ICO's are complete rubbish.
I have learned how to read charts and understand the signs of technical analysis.
I have learned the value of a stop loss when you DO go to bed LOL.

And last but not least: I learned that holding is the way to long term success.
I am good with wave trading, by which I mean 5-30 minute entrances and exits.
Whenever I go to bed, things go downhill. (All of those black swan events occurred around 3-6 AM GMT)

So..
The result is $48.000,-
That means it's just a 104% return.

I am paying you the result today, while the money is still in Poloniex and Bitstamp, in USD(T).

I am opening a new crypto trading fund today, which will last until the end of october.
This time i'm doing things differently and here is exactly what I will do:

Until early August most of the money you invest, I will keep in USDT.
I am going to wait out the market until the segwit is over.
We (traders) are not sure if it will be a uasf or a uahf which will occur as the camps are still battling it out and both will launch new versions of their chains during July.

It's simply madness to make any purchases now on higher valued pairs and with so much uncertainty, the market WILL crash even more.

So until early August most of what I will be doing is act like a responsible asset manager and prevent losses.

I did some "filthy work" which not a lot of people are doing by going on coinmarketcap.com and investigate the smallest marketcap coins to find any "pearls" as I like to call them.

I found a few that are ridiculously underpriced and have very promising roadmaps and massive updates coming up in September and October.
I checked everything.
Active community, active developers, proper chain, proper tech, everything is in mint condition and should make up for very good investments.

Then during August, with the money that i'll be keeping in USDT, I will buy a number of alts when they are at their lowest.
No big exposure on 1 alt, properly divided, with realistic targets, no day trading, no margin.

Looking at these first 2 months, I was still able to get a 600% return on 30% of the portfolio which got me to 200% before the big bear showed up.
During July we should see a continuation of this massive bearmarket, opening up opportunities in August.
Paired with the low marketcap pearls that I found, this "second edition" of the crypto trading fund should be a whole lot more impressive.

The crypto trading fund will last until the 31st of October and the risk/reward is the same as the previous one.
We guarantee up to 90% of the deposit, the reward potential is unlimited.
In case of success, we take a fee for our efforts.
In case we don't have a massive success, (Like this time) we don't take a fee.

I hope you will trust me once more with your funds.
--

I am announcing the result TODAY.
You are able to either use the money on MTV/PV, cash out or invest in the new fund.

Until the 9th I am keeping the money in USD/USDT on the exchanges, giving you the opportunity to invest in the new fund, which saves us fees and a possible loss of holding bitcoin during these few days.

I need until the 11th to cash out all of the cash, in case it's necessary.
If you request a cash out today, we will pay you on the 11th, so during these days we will not be following the 24 hour cash out rule on MTV (It still applies to Paidverts balances)
bigbadmoose
Traffic Value: $520.60691 United States
1 like this post 0 people
07/07/2017 15:40
I am back in Marc. I figure you have a few more joining the chance as the see the news.
jpla1991
Traffic Value: $773.5176 Portugal
5 like this post 0 people
07/07/2017 15:51
I need a translator for 75% of Marc's post...

Glad you came on top, especially at the time of repaying back the investors. I didn't invest back then, but nobody here would be happy with a "losing" situation. Also very glad to see that you learned a lot and hope you can keep up the good job.

Now this is coming from a guy that has absolutely no idea of how alt-coins work, so sorry if it's a sfupid question: is it possible/lucrative to create a MTVcoin?
bigbadmoose
Traffic Value: $520.60691 United States
1 like this post 0 people
07/07/2017 16:06
Jpla1991 i am not really smart about the alt coins but from what i seen it pretty much not a good idea for a site like MTV to create a coin. Almost all of the one i know of have end up failing as they cant get the capital to go main stream.  I could be totally wrong on this as i now been in a few sites like MTV that tried.  As for Marc post i have to agree with needing a translator for most of it even though it in English. As i am not in the market and dont have any idea what most of the terms he used mean. Bear market equals little to no move in the price of coins i think. Bull market would be when everything is going up.black swan event is when a bunch of bad things happen in a row.  after that i am lost
il051
Traffic Value: $14,823.02214 Croatia (LOCAL Name: Hrvatska)
3 like this post 0 people
07/07/2017 16:25
I checked this morning Poloniex and, for the first time ever, I saw all (literally all) altcoins in red! It's really difficult to earn anything in these circumstances.
Still, Marc's post was great for anyone who wants to trade with altcoins. He explained very well what he learned in these two months, especially in which situations you need to stay away. Very useful information.
Vixthra
Traffic Value: $2,179.00664 Slovenia
2 like this post 0 people
07/07/2017 16:52
I have not yet been ready for this gift of funds... but it's welcome, even if a bit early smile
donsoulz
Traffic Value: $7,212.45963 Malaysia
10 like this post 0 people
07/07/2017 17:10
4% still profitable... honest and transparency is a key for MTV...that what I want btw...every business have a risk...we learn from our mistake.....from that mistake will turn into something...
remedcu
Traffic Value: $1,311.728 India
3 like this post 0 people
07/07/2017 17:24


This is the image for litecoin withdraw option. Might wanna change wink
felibaudino - Forum moderator
Traffic Value: $770.95545 Argentina
10 like this post 0 people
07/07/2017 17:40
For the ones who didn´t understand some terms. 
Black Swan events, are totally unpredictable events that have catastrophic consequences, for example, the DDoS attacks that Polo suffered.
Bull market, is a market where the amount of buyers is bigger than the amount of sellers, so price tends to continuously go up.
Bear market, is a market where the amount of sellers, is bigger than the buyers, so prices go down.

Regarding the fund results, I am really happy with getting a 4% on my investment, there is always risk involved when investing, and the 4% is still more than what a bank gives me in a year.
Vixthra
Traffic Value: $2,179.00664 Slovenia
3 like this post 1 people
07/07/2017 17:58
I'm entirely happy. If it werent fot the CC Trading Fund I'd put my BTC in MPA/MPCA... and we all know how that ended wink
MarcdeKoning - Administrator
Traffic Value: $468,983.12758 Netherlands
14 like this post 0 people
07/07/2017 17:59
Long story short:

The market changed a whole lot and I made 1 wrong pick in which I poured far too much of the portfolio.
I could have made a few 100% but there were a lot of big events which directly affected the value of our portfolio.
I have learned a lot and I got a number of strong, early bird crypto's which I studied and am feeling very confident about.

Investing in the crypto trading fund means that you are giving me another chance and allow me to use my newly gained knowledge and invest in these newly researched coins while trading the bigger pairs with less risk per pair.
I think I have a profitable formula for everyone who gives me another chance.
Mihailoo
Traffic Value: $1,020.25923 Serbia
13 like this post 0 people
07/07/2017 18:19
No worries boss, sh*t happens, we all know that.

What we appreciate the most is your honesty. It's literally not comparable to anyone I know online smile

Making mistakes is human, just get up after falling, do it all over again, until you succeed.

We've got your back! smile
javiersoro
Traffic Value: $170.72939 Spain
1 like this post 0 people
07/07/2017 20:53
One questions why in Fixed Ads puts that the minimum bid is 5$ and allows to bid 2$? Thanks, I want to buy some slots if the price is 2$ grin
druth8x
Traffic Value: $22,417.44153 United States
0 like this post 0 people
07/07/2017 22:00
I'm 99% sure those are graphical errors (aka not updated since the bids, min and increment, were lowered).

Go ahead and try.

NOTE: #1-8, for tomorrow (Sat) are needing $4 or more, as they already have $2 or more bid for.
And, yes $2 increments.

Though for Sun, slot #1 is currently avl for $2 ($4 for Sat ATM). Whereas, #2 is already bought up to $6, thus needing $8 to outbid.
carvalho17
Traffic Value: $28.3459 Brazil
0 like this post 0 people
07/07/2017 22:04
What about those errors on your poloniex account? Have you got at least an answer about it? 

A few days ago some of my btc disappeared in a smaller exchanger and I've got a refund in a few days. Maybe you should try to open a topic on redit, if you get enough attention you may get an answer (at least that worked before this market boom).
MarcdeKoning - Administrator
Traffic Value: $468,983.12758 Netherlands
4 like this post 0 people
07/07/2017 22:12
No, not at all.
Created many additional tickets, they simply ignore me smile
I lost over 17 BTC due to bugs, which forced me to close that massive margin trade to at least keep a few BTC.





It would be really appreciated for people who reinvest/invest in the 2nd edition of the crypto trading fund to do this before the end of the 9th!
As you can see, the market is very bearish and we can possibly take a big hit if we have to hold the bitcoins on MTV to match user balances.
druth8x
Traffic Value: $22,417.44153 United States
4 like this post 0 people
07/07/2017 22:37
Marc, I'm only holding My balance, just in case RP drop unexpectedly and then resell higher all b4 the 7 days is up.

In other words, go ahead and use $1110 of the MTV balance as part of the trade fund.
vicura
Traffic Value: $4,969.3683 Spain
7 like this post 0 people
08/07/2017 01:15
Im gonna reinvest all of that again, so get ready for +3200$ in the trading fund smile still way more than banks will give.
piro00
Traffic Value: $3,781.28667 Argentina
7 like this post 0 people
08/07/2017 02:15
Hello Marc, I don't want to sound like the bad guy here, quite the oposite, but I think you acted acted very unconsciously.
Why? Because, you made some "noob" mistakes that anyone who is starting, with just a few youtube videos can learn and understund the big importance.
If you are learning, don't have to make big plays, create an account with 1k and learn, follow strictly a strategy. Entering with a 600k position with no SL tells a lot.
But the truth is that I really don't know what you know, so, maybe I could be wrong

Sorry if I made angry with this, but are my thoughts right now

Did you tried forex with other brokers? 
joak_0
Traffic Value: $3,076.4048 Spain
3 like this post 0 people
08/07/2017 08:41
Same here Marc, count my money in wink
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