Crypto Price Manipulation & New Investments: TheKey, IoTex, Zebi

in #bitcoin7 years ago (edited)

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My latest cryptocurrency investments for July 2018:

THEKEY ― $0.011
IOTEX ― $0.0300
ZEBI ― $0.0468

You’re not going to like this...

80% of emotional investors have to sell when the market crashes... so that 20% of strategic investors can buy up the limited supply at a low price and make money when the market makes a reversal upward.

80/20 Pareto Principle:
https://en.wikipedia.org/wiki/Pareto_principle

MARKET STRUCTURE BROKE

Apparently, Bitcoin did something weird. It broke “market structure” and fell past $6540, which increased the probability of a massive correction downward, but it bounced back up over the weekend.

My analysis of price based on trading charts was misguided!!! I saw volume on exchanges decreasing.

What I failed to take into account, was there is “hidden” volume on Over The Counter (OTC) trading desks between institutions where $100 million worth of trades are occurring daily through wire transfers and digital wallets! Many brokers doing OTC trading have minimum buy orders of 500 BTC ($3 million)
https://www.reuters.com/article/us-crypto-currencies-otc/otc-crypto-market-flourishes-powered-by-skype-idUSKCN1H91P4

On Friday June 29 , 2018 we saw CME Bitcoin futures expire. After that. BOOM. Price of Bitcoin goes bullish.

Basically, institutional investors have been buying Bitcoin over the counter… and then dumping them on exchanges to crush the price, while they make money on shorting the market through Bitcoin futures contracts. Nasty.

So, what that means is that I have no idea how to determine if the price of Bitcoin will fall further than I initially expected.

Probability is 50%.

FAKE NEWS — TRUST THE DATA

Right, now the mainstream press believes the market has crashed and will go down further and Google Trends shows searches for Bitcoin is at a depressed low point.
https://trends.google.com/trends/explore?q=bitcoin

GoogleTrends.PNG

But at the same time, innovation is going through the roof with blockchain technology merging with artificial intelligence and machine learning to create such projects as THEKEY, IOTEX, and ZEBI.

Marketcap-DivergenceSignal.png

When innovation goes up and the price goes down ― that is a DIVERGENCE SIGNAL. At some point the PRICE WILL CORRECT and converge back… and I believe it will correct upwards to match the innovation and usefulness of blockchain projects.
https://www.cbinsights.com/research/organizations-corporates-test-blockchains-distributed-ledgers/

We’re not at the end of the bubble, we are at the start… and there is plenty of money to be made!

Institutional investors haven't flooded the space yet. The bridges and regulatory framework are still being built. If you are reading this and are still invested in cryptocurrencies, than you are in the Smart Money phase. Most of your friends think it's a joke. Congrats for hanging in there, my friend!

stages_bubble.png

I personally feel institutional investors (Warren Buffet, Bill Gates, Jamie Dimon, etc… and even that dude who calls himself the Wolf of Wall Street) are scaring off retail investors (you and me) calling Bitcoin a scam, encouraging us to sell everything we have... so they can buy it at the lowest prices possible!!! (I wouldn't be surprised if that Wolf of Wall Street character is buying Bitcoin OTC and then dumping it on exchanges...)

WARREN BUFFET IS DISHONEST ― BNSF is using blockchain
https://www.bloomberg.com/news/articles/2018-02-05/buffett-s-bnsf-joins-group-aiming-to-use-blockchain-in-freight

BILL GATES IS DISHONEST ― Microsoft is using blockchain (to do good things!)
https://blogs.microsoft.com/blog/2018/01/22/partnering-for-a-path-to-digital-identity/

JAMIE DIMON IS NOT A GOOD LIAR ― J.P. Morgan Chase is using blockchain
https://www.jpmorgan.com/global/blockchain

Basically, we’re seeing a SHAKEOUT of retail investors who bought at all time highs in December and can’t take the emotional stress of seeing their accounts fall below -70%.

This is where sneaky institutional investors make announcements on mainstream media, while they go behind our backs to ACCUMULATE fundamentally sound assets, while prices are low due to emotional reactions of the masses.

This is classic game theory in action ― when an individual's sense of rationality (belief in Bitcoin) becomes threatened because of an authoritative figure's negative perceptions. That external rationality becomes part of the individual's rationality... creating a paradox.

(This blog post attempts to correct terrible misinformation by mainstream media.)

"The time to buy is when there's blood in the streets."
― Baron Rothschild

MY NEW INVESTING STRATEGY

A few months back when the markets crashed and everyone was panicking, I bought ZILLQA at $0.04. At it’s all time high of $0.23, several weeks ago, I sat on a 500% profit. I took out my initial investment and now I have “house money” in ZILLIQA making me profits ― a blockchain project that is being tested by insurance companies such as Deloitte.
https://www.reinsurancene.ws/deloitte-fwd-zilliqa-and-insurance-market-partner-on-blockchain-eco-system/

“Be Fearful When Others Are Greedy and Greedy When Others Are Fearful”
― Warren Buffett

Apparently, rich people don’t take their winnings and spend it all on luxuries. What they do is reinvest the majority of profits to compound returns.
https://www.cnbc.com/2018/06/27/most-millionaires-dont-plan-to-spend-their-tax-savings.html

When I bought ZILLIQA at $0.04 , I also bought BLUZELLE at $0.33, and AION at $2.75.... At their peak, ZILLIQA outperformed the rest, mainly because it only costs a few pennies per token, therefore the perception of it was that it was "CHEAP" even though all those blockchain ecosystems had solid fundamentals and LESS circulating supply!!!

So, now my investing strategy has evolved to focus heavily on data, metrics, and market structure cycles... while I put moderate weight on fundamental analysis.

On the hunt for a place to park my newfound profits I found 3 cryptocurrency projects that are strong contenders for massive returns on investments:

A. Price less than $0.10
B. Fixed supply (doesn’t matter if supply is in the billions, as long as it has a low market cap)
C. Low market cap ― below $50,000,000 (greater room to increase in value relative to coins in the top 100 with market caps twice the value ― $100,000,000)
D. Fundamental Analysis Strong ― experienced all-star teams, corporate or government partnerships, real-world use case
E. Working prototype (code already written) with a testnet launching soon.

(There are affiliate referral links below… if you found this research valuable, and sign up through the links, there is no additional cost to you, I may get a little kickback for all the time and effort spent creating this post.)

TICKER THEKEY.png THEKEY ― (TKY)
Price: $0.0011
Market Cap: $49,700,000
Available:
Kucoin ― https://www.kucoin.com/#/?r=H37v4s
Info:
https://www.thekey.vip/
https://medium.com/@thekeyvip/an-analysis-of-thekey-system-data-security-9c7ffa99026a
Use Cases: Identity verification using biometrics data on mobile apps. Healthcare, Insurance, Credit Services.
Team: Founder, Catherine Li spent her whole career focused on identity verification and won numerous awards. Granted The Most Outstanding Women Entrepreneur in China by All-China Women’s Federation, 2017, was selected as one of the “Top Ten Influential Chinese Women of the Year”.
Partnerships: Contract with Ant Financial (formerly Alipay, who just surpassed Goldman Sachs in market value...) Partnership with the Chinese government.
Prototype: https://github.com/thekeygithub/MVP
https://neonewstoday.com/general/thekey-partners-with-industry-leaders/
https://twitter.com/thekeyvip/status/966919425000595456?lang=en
https://medium.com/@thekeyvip/thekey-updated-faq-2-0-a53493e1b83a
https://medium.com/@thekeyvip/thekey-cooperates-with-chinese-government-on-social-insurance-blockchain-applications-and-launched-e4db2f45791a

TICKER IOTEX.png IOTEX ― (IOTX)
Price: $0.0300
Market Cap: $34,200,000
Available (IOTX):
Kucoin ― https://www.kucoin.com/#/?r=H37v4s
Binance ― https://www.binance.com/?ref=27697351
Info:
https://iotex.io
https://medium.com/iotex/why-we-created-iotex-5c3124420b20
Use Cases: A decentralized network for the Internet Of Things with a focus on privacy. Autonomous cars, Identity Management, Smart Home, Sharing Economy
Team: Veterans from MIT Stanford, Microsoft, Google, Uber, Intel, Bosch Research, etc…
Partnerships: No significant partnerships at this time.
Prototype: https://github.com/iotexproject/iotex-core

TICKER ZEBI.png ZEBI ― (ZCO)
Price: $0.0468
Market Cap: $22,000,000
Available (ZCO):
Idex: ― https://idex.market/
Info:
https://www.zebi.io
https://medium.com/@Zebidata
Use Cases: Big data solution for India merging blockchain and artificial intelligence. Land digitization.
Team: Veterans from Stanford MIT, Oxford MIT, Google, Uber, Amazon, Microsoft, Oracle, etc..
Partnerships: Currently used in over 200 hotels in India. An Indian state government, Andhra Pradesh, uses Zebi to secure land records.
Prototype: Not submitted publicly to Github… but they have a product already in use.
https://businesswireindia.com/news/fulldetails/zebi-launches-zebi-ai-chain-hospitality-industry/58085
https://www.thehindubusinessline.com/info-tech/in-ap-capital-blockchain-technology-secures-land-records/article10020465.ece
https://medium.com/torque-capital-partners/why-torque-chose-zebi-a5d7e1378880

DISCLAIMER:

It is very possible that THEKEY, IOTEX, and ZEBI may drop another 50% in value because we are in an overall depressed bear market!!! I believe the upside of a potential 500% profit is worth the risk. This is called ASYMMETRICAL INVESTING ― sacrificing a modest amount (that you're willing to lose) for magnificent gains (to do awesome things with your life). I’m holding this for the long term and will take profits on the next bull run like I did with ZILLIQA.

These are just my personal strategies and not financial advice. Please, do your own research to make an informed decision based on your own personal beliefs. Investing in cryptocurrencies is highly speculative and you could lose all your money. I lost nearly half my account when I first started, but managed to educate myself, evolve my belief system, and finally started seeing returns on my investments!

Your friend,
Crypto Game Theory

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