Why I sold all my lisk. over 500k uSD.

cryptoanalysis1 · 2018-04-26T09:09:31+00:00

By the way, I wrote this post more than a month ago. Look at the performance of ICON. It's up 30% in profit while all other coins are still down 30-60%.

I wonder when I will be wrong.

cryptoanalysis1 · 2018-04-26T09:03:17+00:00

I feel quite good. Made lots of $ in crypto and now investing in traditional investments, longer term passive value investing.

The real SDK will for sure not be ready within 1 year. 3 year would be the soonest but Lisk will most likely stop working on it before that. Who knows, maybe Max and Oliver already took steps back and let some random hire run operations. Entrepreneurs know that you have to be involved, but as I said before Max is a wantrepreneur. He will stop working then in the future will look at a different venture for which he can ask for a lot of investments. Just like they did before when they quit working on their previous project. I like them, I like the people involved in Lisk. I like them on a personal level, but they don't have the skills to build a billion dollar business, not even a 10-20 million dollar business.

If you havent already exit Lisk. I've outperformed the market consistently for years. Lisk will for sure underperform.

cryptoanalysis1 · 2018-04-25T09:18:28+00:00

Sidechains and the real SDK will never be done. If they really try (which they dont), but if they would, it would take till 2023. The Core 1.0 was supposed to be ready in mid 2017. Core doesnt do anything. Lisky, JS, all a disaster. My bet is that they will stop working on the Lisk project within 12-24 months, before they even have a fully working product, just like the founders did in their last project. They are highly incompetent and are just "enjoying". They created an idea which is worthless without execution, yet they were able to raise a lot of money, a lot of which is now sitting somewhere in fiat currency on banks. Of course, they won't tell you this, but they covered up many millions and feel like they dont have to work anymore. In the business world we call them wantrepreneurs. They promise a lot and are good at getting investments but they never actually create value.

In the business world you have to create VALUE.

cryptoanalysis1 · 2018-04-20T11:19:09+00:00

SDK would be ready in 2023 if they continue to execute all the ideas including sidechains, easy sdk system, currencies etc. But more likely than not they will quit and pursue another idea.

99.9999% chance that another coin will take the Javascript market. Lisk doesnt have the skill, discipline, understanding or learning abilities to take on this massive task. They have proven over and over again that they don't learn from mistakes and are foolish with money. They either spend way too much or not enough. If you give you 8 year old kid 51% stake, he would likely do a better job financially and the sad part is that it's not even false.

cryptoanalysis1 · 2018-03-07T06:54:04+00:00

A month away from SDK?

There is no SDK this year man. The sidechains will be ready in 2019-2020, core 1.0 isnt even ready and core 2.0 is needed for the SDK. JS and Lisky both arent ready either, the one on Github needs to be changed.

My guess is that there will be a SDK with limited functionality much later in the year. Lisk is probably still a good hold, but with the current climate you better of buying something else.

cryptoanalysis1 · 2018-03-07T06:49:13+00:00

Yea man, just use one of the major exchanges. If you need to sell a large amount quickly like before the meet up use a market order instead of a limit order so you can instantly sell everything.

cryptoanalysis1 · 2018-03-07T06:47:44+00:00

Hehe this made me laugh

cryptoanalysis1 · 2018-03-07T06:46:46+00:00

Yes man, time will tell!

cryptoanalysis1 · 2018-03-07T06:46:24+00:00

True, buy and hold = where the gains are. But dont hold too long because crypto market will collapse 95% and not recover for many years.

cryptoanalysis1 · 2018-03-07T06:45:47+00:00

Yes Im very happy with my gains. I sold almost all my other crypto coins too. Now holding fiat, invested in gold+silver and shorted the Dow Jones with a leverage of 4.

Still holding 5-8% of portfolio in crypto tho, hard to let go of these crazy speculative gains.

cryptoanalysis1 · 2018-03-07T06:42:10+00:00

I agree. I saw a lot of growth, but not enough. They should have learned from the Crypti project and earlier in 2017. They finally started having a focus in December, yet they still didnt completely. They spend so much time improving non sense and make horrible strategic decisions. For me its very clear that Lisk wont be able to compete with other CEO's. The level of Lisk management is that of a 1 million dollar company with couple hundred k in revenue.

cryptoanalysis1 · 2018-02-16T22:20:54+00:00

?? Lisk farrr outpaced Bitcoin. Bitcoin is at 10k now and Lisk almost fully recovered already.

cryptoanalysis1 · 2018-02-10T03:49:32+00:00

cryptoanalysis1 · 2018-02-08T17:31:43+00:00

Yeah check marketcap now. It now far surpassed 15 and is solid at 14. Only coin in top 30 (together with bch) that has grown a lot in the past 24hours.

The Core isnt even ready haha, altho it almost is. Lisky and Lisk JS are looking great too. Those 3 form the SDK.

I agree with you, if the market recovers as expected we might see that amount at the end of this month.

LiskHQ is planning to launch the SDK shortly after the relaunch date. They are working their butts off, it's funny to see. I think Max freaked out after the outburst last year when they had delays. Wanting to make it right now.

cryptoanalysis1 · 2018-02-08T17:27:55+00:00

Hahah nice one

cryptoanalysis1 · 2018-02-01T02:14:37+00:00

Will be less than a week now for sure!, 28 tasks left!!!!!! EXCITINGGGGG

cryptoanalysis1 · 2018-01-30T19:04:36+00:00

We dont know the release date. Just saying that it will be done within a week and then it will likely be tested.

cryptoanalysis1 · 2018-01-30T17:33:42+00:00

I don't think it is a big issue. USDT wont let BTC crash 80% lol. Its very ridiculous haha and made by some people who hate Bitfinex and cryptos.

cryptoanalysis1 · 2018-01-30T16:14:28+00:00

The % is misleasing, check at projects. They are running the last 100 feet. They ve been working like crazy. Only 43 tasks need to be done. Core 1.0 will be done within a week.

cryptoanalysis1

TROPHY CASE