Iota Rising - HODL - Buy and HoldFacts:
Global M1 money supply is 25 Trillion USD.
M1 money supply is defined as Cash and equivalents, i.e. currency which is free and instant to transact.
Iota is the only crypto currency which is free and instant to transact.
Iota is therefore the only crypto currency eligible to be categorised as M1 money supply and is eligible to compete for a piece of this 25 Trillion USD market.
Iota has the advantage over other M1 aggregates in that it is globally portable in an instant, where as physical cash must be transported.
It has another advantage of not being subject to central bank intervention or counterfeiting.
Market cap of Iota is at approx. 4 Bln Dollars as of writing up this idea on 29 November 2017.
Number of Iota coins is fixed, coin supply is permanently stable and pricing is purely demand based.
Assumptions:
Iota captures 5% of the market for M1 monetary aggregates in the next 5 years.
Calculations:
5% of 25 Trillion USD = 1.25 Trillion USD
1.25 trillion / 4 billion = 312
Conclusions:
Iota market cap could well reach 1.25 Trillion USD.
Thats 312 time todays 0.00% market cap of 4 Billion USD.
An investment today has the potential to grow 312 times its size
Discussion:
In my opinion, the 5% of M1 is conservative, given the advantages that virtual currencies have over fiats. This is a realistic possibility.
Buy and Hold!
Buyandhold
XRPUSD: BUY SetupAfter a decent climb ripple is slowing down. However, my long term outlook for Ripple is still very Bullish. I am buying and holding Ripple as the coming months will be an interesting/important one for Ripple. In this setup, I placed a stop for those who wants to be in an out of a trade quick; traditional harmonic trade. Whereas for me, I will be buying at this level and holding. I am using the harmonic pattern as a means to look for an entry. What are your thoughts?
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Trade with care.
Legal & General taking out huge resistance levelLegal & General is currently trading above major resistance. The break of this level suggests that the medium to long term outlook is positive from here. We will wait to see if this break can hold on the weekly chart before committing longer term. In the short term the momentum is strong and further gains could be seen. Gap resistance around 267p and the 78.6% Fibonacci level is the short term target.
2017 to be a good year for Johnson Matthey?We are a fan of Johnson Matthey over the long term. The recent correction looks to be a great chance to buy the FTSE100 chemicals company. The shares have formed a channel on the weekly charts and also found support on a relative basis versus the index. There is big resistance at 3575p, which if overcome could open up the upside towards 4000p and beyond. The long term uptrend suggest that new highs will be seen at some stage, a weekly close above 3120p and we will expect to see 3575p before too long.
CORN, MONTHLY CHART, BUY, LONG-TERM INVESTMENT PLAN(11-DEC-2016)Long-Term Investment Opportunity:
Corn price is trading down since year 2013 and
the current price is near 8-year history low.
It is good to buy at the MARKET CYCLE LOW and
hold for long term.
Here are few ways to accumulate your long term
investment in Corn:
1. Buy now with little % as the price is already
quite low
2. Buy with more % when the price further drop
to 8-year history low level
3. Buy more % when price drop to 10-year
history low
Oversimplified buying and holding stategyBasically, the last few months NASDAQ 100 never got 3 ticks without a minor DD, followed by the bottom confirmation. (2x) So, everytime it goes against you, close it and wait for the confirmation, once it's up buy back and watch it fly. You'd save some few important percentages doing that, all it takes it's active control of your positions, even in the long run.
Next buy area to add to long term positionI buy a few coins every couple weeks to accumulate to a long-term buy and hold position. Instead of just hitting the buy button I set up limit orders at potential bottoms. This typically saves me $10-20 regardless of direction. My next buy will be in 300-340 area