None.

Tier 1

WTC

 Tier 3

REQ

SUB

LINK

NANO

Tier 4

BNTY

TAU

WISH

PHR

LOCI

XBY

ELA

ECC

POE

HPB

NAVCoin

NAVcoin ($NAV) is a Privacy coin with upcoming Platform features. NAVcoin has been around for 3 years. It is not minable, instead being based on a Proof of Stake system in which stakers earn 5% annual returns. Theoretically this means there could be 5% inflation on the supply, however, that would require every coin holder to stake, so likely there will be very marginal inflation between 1 and 3% year over year. It is a currency originally based off of Bitcoin version 0.13, which should tell you it’s got a good foundation from which to build its feature set. Being based off Bitcoin, it currently is a method of transaction, with notable upgrades in the form of Segwit (with possible lightning network integration in the future) and 30 transaction times with extremely marginal fees. That’s great but a lot of coins have that going for them, so thankfully we’re just getting started with the real interesting pieces of NAV. The first and currently only implemented feature, NavTech is a unique dual blockchain technology. Essentially, NAV runs on these two blockchains in order to completely disconnect the sending wallet (your wallet), to the receiving wallet (where the money is getting sent). Think of it like a VPN, NavTech completely strips the sender’s details so the transaction is completely anonymous. The anonymous transaction space has really gotten big lately, with Monero’s recent price action and Ethereum’s implementation of ZKSnarks being two big examples that come to mind.Moving on to the roadmap, there are two big upcoming features for NAV:

• The first is Polymorph, which is a really cool blend of Nav’s anonymous transactions and Changeally’s instant exchange. What this means is that, for example, I wanted to pay someone in Bitcoin but I wanted to do it anonymously. Polymorph would take my bitcoin, turn it into navcoin in order to be processed and sent anonymously using the Navtech dual blockchain, then turned back into bitcoin at the to be sent to the receiving wallet. This will certainly set NAV apart, as it guarantees anonymous transaction for all of the coins on changeally. This is huge for exposure, and a great opportunity for NAVcoin to gain trust, which is absolutely critical anonymous transaction coins.  
• The second big upcoming feature is ADApps, or Anonymized Decentralized Apps. This is also a huge potential win for Nav as there is already a huge amount of interest in the crypto space surrounding Dapps, such as Ethereum and Omni. Adding in the anonymous layer would attract projects that would value the anonymity. Nav is still in the planning stages for this project so it could still be awhile before it comes to fruition, but we should see the whitepaper for it soon, and if they could be first to market with ADapps that could prove to be a killer feature for them as it would give them first access to the interested demographics.

Ripple

Ripple ($XRP) is a real-time Payment protocol for anything of value. It’s a shared public database, with a built-in distributed currency exchange, that operates as the worlds first universal translator for money. Ripple is currency agnostic and has a foreign exchange component built right into the protocol. Ripple acts as a pathfinding algorithm to find the best route for a dollar to become a euro or airline miles to become Bitcoin. It will look at all the orders in the global order book. The case for XRP comes down to the following: 1) Payment systems work best with bridge assets to focus liquidity. 2) There are good reasons to expect a cryptocurrency to be the most popular bridge asset. 3) There are good reasons to expect that cryptocurrency to be XRP.

• Open, decentralized payments will have lots and lots of assets, including national currencies of all kinds and cryptos. A significant fraction of payments will be among assets that aren’t the most popular. Using intermediary assets to settle those payments concentrates liquidity and reduces spreads.
• National currencies are always tied to jurisdictions and can’t be universal. Systems built around them will never be as open and inclusive as systems that aren’t.
• XRP settles faster than any other major crypto. It higher transaction rates than other major cryptos. It is beat by others only by the amount of liquidity available today. And, most importantly, XRP has a company that is devoted to making sure XRP succeeds for this specific use case.

Tier 4 coins are coins which we have minimal stake in, are highly risky, and we are contributing no more than 2% of our portfolio to. These coins represent the outer fringe of our risk analysis, in that we have little information to work with, have little insight into the coin’s performance, and at the very best we are making an educated guess that they will be successful. If a coin performs well and proves that it has a commitment to its compelling feature, it will be moved to the Tier 3 status.  

ICON

Simply put, ICON ($ICX) is a massive scale blockchain Platform that allows

• Decentralized Application (DAPPS) – Build DAPPS on ICON Platform like on Ethereum and NEO. Yes, soon, you will see ICOs happening on ICON platform for different DAPPS
• Interchain (Interoperability with Blockchains) – Allows different blockchains connecting to one another through their protocol. ICON is fully compatible with traditional blockchains like Bitcoin and Ethereum and in future can bridge other public blockchains such as Qtum, NEO and many others to achieve their mission statement – “Hyperconnect the world”
• Artificial Intelligence (AI) – Use of AI to ensure all nodes contributing to ICON Republic/platform are rewarded fairly and not to have certain powers over distribution policies. AI will continue to learn a variety of variables to determine optimal distribution policies and achieve complete decentralization.
• Decentralized Exchange (DEX) – ICON will integrate different DEX protocols on their platform to facilitate exchange of ICX and other future ICON platform currencies. Bancor protocol will be their first DEX protocol when mainent launches this month end and Kyber and others will follow. Not just throwing Kyber’s name out there, it was confirmed they are working with each other, official partnership yet to be announced.

As I said in my video, hardly anyone would be talking about it anymore as of this week, and I was definitely right about that yesterday when the WaltonChain team annouced through their Twitter and through a medium article that they would be signing a strategic partnership with Alibaba Cloud in order to pursue the areas of smart city solutions and blockchain application schemes.

The partnership would focus on:

1. Promotion of Waltonchain blockchain technology to achieve the municipal and commercial IoT coverage.

2. Establishment of new smart cities in Xiong’an and Yuhang.

3. Construction of smart city schemes and their application; resource allocation optimization and achievement of smart resource allocation through the blockchain + IoT technology.

Now, people were quick to point out that the deal wasn’t official, Alibaba hadn’t confirmed it, it’s not technically Alibaba because it’s Alibaba Cloud, which is pretty typical FUD talk, though it’s a little bit warranted with Walton because they did jump the gun a bit back in January with their announcement of a partnership with the China Mobile IoT alliance, but still, they wouldn’t go through the trouble of announcing this only to redact it later because it wasn’t true.

Right?

Well, that seems to have happened. As of this morning, the announcement disappeared from twitter and was replaced with a tweet that read:

“Due to the current uncertainty of blockchain policies, our team has decided that in the future we will announce major partnerships depending on the situation so as not to affect the real implementation of blockchain technology”

What does that mean? Why is that so vague? Did the team lie? Was the partnership fake? Are they a bunch of scammers like Bitconnect?

See, that’s the questions that you’d ask if you did nothing but follow the herd mentality and drink the FUD koolaid. To become smart money, you need to get away from just reading headlines, just reacting to the first thing you see, and diversify your sources. Unfortunately, this news is very fresh, so we don’t have a lot of sources to draw from here, other than people going absolutely ballistic on twitter and reddit, which is of no help.

So let’s fall back on our critical thinking here and try to see through the FUD miasma clouding our vision.

Remember that Walton is based in China and Korea, and the former is important because of the government running it and the overall treatment of blockchain technology there.

Remember that the communist party in China, the Central People’s Government, is very authoritarian, especially with information. What the government says goes in China, which may be hard for those of us in the West to comprehend.

So companies, especially startups with blossoming tech such as distributed ledger technology, need to play nice with the government if they want to succeed long term.

I’ve defended NEO in a similar manner. Those playing nicely with the Central People’s Government are going to do much better when China comes out in favor of blockchain, or rather develops their own brand of blockchain similar to how they police the internet.

Imagine buying into utility stocks just as they were just beginning to connect a country. The very first utility polls connecting communities. If you believe blockchain is the future, and you look at recent partnerships, Waltonchain is laying the foundation to lead China and much of southeast asia into a new technological era.

Ok, so how does this relate to the Walton partnership switch-a-roo that’s causing a FUD firestorm?

Well for one, the partnership has been confirmed to be intact by several of the team representatives, the walton knights, on the telegram. Of course, that’s not official just yet, but so far as I’m concerned nothing regarding the validity of the partnership has changed.

Secondly, given the vague nature and the frankly odd timing of it, it is not a big stretch of the imagination to think that a governmental official contacted the team and told them they need to go through official channels in addition to removing their announcement until it was properly sanctioned by the government. Yes, that is speculation, but it’s based on pretty solid conjecture given that’s how the People Republic of China works. Anyone proposing a differing theory, especially one about how Walton is a scam company and they made up the partnership deserves to be frowned upon for spreading irrational FUD.

So that’s the deal, they are likely just playing nice with the government, nothing’s really changed, and like I said in my last video about Walton, you are not the customer. They don’t care about how you feel. They are a B2B company and they’re much more interested in building business relations and being a leader in supply chain blockchain. With their mainnet releasing soon, anyone selling right now will likely regret it as the price is likely to recover once staking is implemented. Always remember before you sell out of a position: ask yourself why is the person on the other side of this transaction is buying and what do you think they aim to gain.

We have hit the stops for our positions in POE, HPB, and ECC so we have removed them from our portfolio.

ICX continues to be a problem-child as we nearly removed it from our portfolio today for being below the $3.00 stop, but at the time of writing it has recovered to $3.04, which means we will retain our position. If it drops below the stop again, we will try to re-enter at a lower position and enter with a stop this time.

Unfortunately, we are not happy with ICON’s performance as of late, but our fundamental analysis is very strong in this one, so we are not ready to give up on it. As ICON regains its footing and starts to have some good news, we anticipate it will have a strong Q2 into Q3.

In this section we’ll feature a daily ICO or new coin we think you should check out. Based on your country, you may not be able to participate in the ICO, but you will be able to trade the coin once it is listed on an exchange following its ICO (usually only a couple of weeks). ICOs are where a lot of money in crypto is made. Here’s proof.   That said, we should warn you: ICOs are highly risky endeavours and you need to mitigate any potential losses. Treat it as money you’ve lost the moment you contribute to the ICO. We are not responsible for the ICO’s performance. Today’s featured ICO / New Coin is:

NEXO

For flipping Neutral.

For long-term holding Good.

What is it? 

Nexo delivers the World’s First Instant Crypto Overdrafts, thus resolving a crucial inefficiency for the crypto world. Up to this very moment, no alternatives existed for digital asset owners to enjoy their crypto wealth except selling them. The innovative model of Nexo brings to the crypto community the best of both worlds – retaining 100% ownership of their digital assets while having immediate access to cash. The Instant Crypto Overdrafts are an automatic, flexible and cost-efficient way of obtaining liquidity that is secured by the value of the client’s digital assets. The whole process is completed in just a few simple clicks. No hidden fees, no capital
gains taxes, no credit checks. Transparency is guaranteed through the use of blockchain technology, smart contracts and algorithmic processes executed by the Nexo Oracle

What is our verdict? 

What we like: Based on a company that has existed for 10 years. Clearly know the space and the opportunity.

What we don’t like: Competition such as ETHlend and Salt which are far ahead. Concerns about security listing ability and volume.

Website: https://nexo.io/

Whitepaper: https://nexo.io/assets/downloads/Nexo-Whitepaper.pdf

With overall crypto markets in a dull corrective market, I’ll continue to focus more on the larger cap coins until they break loose, then it will be a better market for alt-coins. Moves are not sustaining right now.

  Coinigy is a great tool for determining prices on each exchange, however I may not have access to the full suite of tools on TradingView charts. I am currently not using it as a front-end GUI for my exchanges, which it supports.I also use Blockfolio to give me a quick snapshot of my holdings, and find that it does an excellent job to aggregate all of my holdings into one easy-to-read snapshot of my cryptocurrencies, which are typically located in many different places.

I will also be experimenting with the Profit Trailer app which might be useful in this choppy market.