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Top Cryptocurrencies Performance Summary – Coincast TV | Episode 1 – 11

Originally published in Multiplier Crypto Business News

Over the past 11 Weeks (Week 12, Season Finale is let to be aired at the time of this report), Caleb and Brown have been providing their trading insights and expertise to Coincast TV as a part of – Top cryptocurrencies of the week.

Through our experience in crypto assets management, we decided to pick what we thought were the best buys of that week and put our money where our mouth is — on public television.

Reviewing the overall market performance, we have seen on a seven-day exist trading strategy we have seen an overall trading increase of 123 percent across nine trades.

What is most interesting is that this has not just outperformed the market but has broken the bearish trend which has been seen across the crypto market. The global crypto market has slid by US$45 billion during the same period resulting in an 18 percent decrease in performance across the board and a 21 percent decrease across the top 20 coins.

When looking across all trades, it is worth recognising the worst performing trade was ETH which saw a decrease of 15 percent over the week since spotlight by Coincast TV.

What we have seen is that the worst performing trade was still above the global market average.

In other words, it wasn’t one trade which outperformed the market, but every trade with risk considered in the trading strategy along upside.

With a 131 percent above-market performance, we hope to demonstrate Caleb and Brown, with over 30 years in combined crypto trading have the expertise and strategies to buck the trend.

Caleb and Brown’s Spotlight Cryptocurrencies

Performance Overview:

 

How did we do compare to Global Index?

Note: Information as of 18 October 2018.
Disclaimer: The information herein is not intended as legal, financial or investment advice and should not be construed or relied on as such. No material contained herein should be construed or relied upon as providing recommendations in relation to any legal or financial product.

Whether you are new to the market, or a seasoned trader, Caleb & Brown can help to realise your goals. Call us on +61 1800 849 149  or Contact Us to discuss further.

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Image source: Coincast News and Multiplier – Crypto Business News

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Why Bitcoin and Crypto Have No Future

Originally published in Think Outside the Blox, Medium

Why Bitcoin and Crypto Have No Future

A popular post on social media over the past week lists out some of the major events/announcements in Crypto space. Taking a light-hearted sarcastic jab at the naysayers.

And, Here We Go!

  • when the NYSE is creating the cryptocurrency trading platform Bakkt in collaboration with Microsoft and Starbucks with physically backed Bitcoin futures contracts.
  • when Fidelity is offering it to its clients and has been mining it since 2015.
  • when Steve Wozniak is co-founding a cryptoasset investment firm.
  • when Katy Perry IG’d this!

  • when Brendan Eich, creator of JavaScript and Mozilla, started Brave Browser with a built-in ad-blocker and Basic Attention Token (BAT) to reward content creators.
  • when Amazon Web Services partnered with QTUM.
  • when the Bill & Melinda Gates Foundation is utilizing Ripple’s interledger protocol to help with payment services for the financially impoverished and unbanked.
  • when IBM is partnering with Stellar Lumens (XLM) for cross-border payment solutions.
  • when Jamie Dimon, tells all that it Bitcoin is a “fraud” and that if he catches any employees who own it he would fire them, while in the background JP Morgan and Morgan Stanley bought Bitcoin ETNs on the dip.
  • when the MLB is launching a crypto-based game on the blockchain using the ERC-721 standard for non-fungible tokens.

  • when George Soros initially bashed cryptocurrencies, only to later buy a stack of Bitcoin at the $6k low.
  • when Alibaba and IBM have the most blockchain patents in the world.
  • when Yale’s endowment invested $400 million in cyptoasset funds.
  • when the Winklevoss twins took $11 million of their Facebook money and put it into Bitcoin in 2013 when it was $120 each.

Should I go on?

Yeah. This has no future.

Accumulate, HODL, and think outside the blox!

Whether you are new to the market, or a seasoned trader, Caleb & Brown can help to realise your goals. Call us on +61 1800 849 149  or Contact Us to discuss further.

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Image source: Think Outside the Blox