Crypto With Kash (CWK) after 29 months – PASS

As of March 11th, 2024, my portfolio has now reached $2396.78. So I am now almost $400 in profit and closing in on my all-time high of $2701.81. This latter figure was before COVID-19, the start of the Ukraine War, and the FTX crypto-currency exchange collapse. The crypto world has since recovered and is now booming. There is increasing institutional (governmental, financial, technological, and public) involvement in crypto. In addition, general market conditions in the U.S.A. are improving.

We are only in the early stage of the Bull Market, so I expect my all-time previous high to be well surpassed. Now is an exciting time to be involved in crypto. Don’t miss the boat! The longer you wait, the less value you will obtain. I am confident to award CWK a PASS.

I now report my results up to the monthly end of February 29th, 2024

Since my last update nine months ago, my bank has increased by $870.62. Here are the important stats:

Acquisition Cost and Starting Bank for the Review: $2000 (September 25th, 2021)

Minimum Bank: $880.13 (September 11th, 2023)

Maximum Bank: $2701.81 (November 28th, 2021)

Number of Profitable Months: 13/29

Number of Losing Months: 16/29

Number of different crypto coins in the portfolio: 65

Coins currently lost due to the collapse of the FTX exchange: 5 (most likely redeemable in due course)

Current Bank: $1922.84 (February 29th, 2024)

Profit/Loss:  -$77.16

Return on Bank: -3.9%

The graph below shows the daily value of my portfolio from September 25th, 2021 through March 11th, 2024

Bank (Dollars) versus Time (Daily)

September 25th, 2021 until March 11th, 2024

In the latest CWK fortnightly newsletter, we’ve been instructed to partially sell nine coins currently in profit with gains ranging from 116.54 % to 985.71% since they were purchased. This is characteristic of the CWK protocol: extracting profits during the Bull Market.

Of note, of the 65 purchased coins in the portfolio: 20 have dropped in price since purchase (ranging from 0.64% loss to 96.31% loss), and 45 have gained in price since purchase (ranging from 4.47% gain to 985.71% gain).

Currently, you can snag a quarterly membership at £199.97 or a yearly membership at £599.97. I recommend a starting bank of $2000. CWK delivers a fortnightly newsletter with portfolio recommendations as well as materials for beginners.

You Can Sign Up Here

Crypto Trading Academy (CTA) – Three Years On – PASS

CTA is not a short-term trading school. It’s about holding cryptos through long periods and preferably investing during the accumulation phase or early in the Bull market phase. We are still early in the Bull phase, which is expected to last throughout 2024 and into 2025.

The two portfolios that I set up during the accumulation phase, have tripled (or almost tripled) in value: see the last two graphs below. My original portfolio is now heading towards profit again after its deep fall during the last Bear Market. Furthermore, there is growing institutional (governmental, financial, technological and public) involvement in crypto. Also, there are improving general market conditions in the U.S.A. such as stock markets reaching all-time highs and falling inflation. Finally, for people considering getting involved in Crypto, if you stay out much longer, you will miss the potential big gains in profit. For all these reasons, I’m awarding CTA, a pass grade now rather than later.

To make the most of CTA, I would advise a starting bank of about five grand. You need to consider the cost of the service and to have enough money to invest in both the Main Portfolio as well as protocols that give you more of the airdrops.

It is also wise to invest in crypto during the accumulation or early Bull phase (like now), or else you may have a long wait (like my original portfolio) to reach a lasting profit.

An overview follows of my original portfolio since my last update (about seven months ago):

The Main Portfolio

Since my last update, the crypto market has entered the bull phase (according to Michael Mac, the CTA head, and the general crypto community). My portfolio has increased by $529.31. Three new coins have been added to the official portfolio and some were advised for removal (cashing out).

Acquisition Cost: $1160.14 (Completed on February 11th, 2021)

Minimum Bank: $410.67 (Jan 1st, 2023)

Maximum Bank: $2197.55 (May 10th, 2021)

Number of Profitable Months: 20/36

Number of Crypto coins in the main portfolio: 16 (includes one stablecoin)

Current Bank: $1113.77 (February 29th, 2024)

Profit/Loss Since Acquisition: -$46.37

Return on Bank since Acquisition: -4.00 %

The graph below shows the daily value of the portfolio from March 1st, 2021 through February 29th, 2024:

I have still not reached my previous maximum bank value. Note that the unforeseen onset of both COVID-19 and the Ukraine War led to strong Bear Market Conditions. But despite that and the collapse of the FTX crypto-currency exchange; crypto has recovered and I expect my maximum bank value to be exceeded easily during the current Bull phase. We have only been in the Bull Phase for about five months.

Airdrops

Ten new airdrop-free tokens occurred since my last update. I qualified for two of them; some members qualified for more (or all) of them as they have much bigger crypto investments. One of my airdrops (the DYM crypto-tokens) was by far my best one to date worth around $250. I’ve staked half of these tokens and re-invested half on other tokens. This may increase my chances of getting more future airdrops. Many CTA members with larger airdrop-associated staking investments have received some free airdrops worth thousands of dollars.

There are also a total of 10 coins being staked that are associated with potential/acquired airdrops. Yearly rates for these coins are 1.7 % to 38.2%. One coin, CRBRUS, was being staked but is now defunct. Total gains from my airdrop-associated staking is $20. Total gains, here, are expected to increase during the Bull phase, and dramatically if any of the cryptos go moonshot.

Staking

Currently, eight of the portfolio coins are being staked. I’m staking six of these as fees for the others do not make it worthwhile for my smaller-scale investments. The annual interest rate on my portfolio-staked coins varies from 3.1% to 13.6%. The total profit to date from all my portfolio-staked coins is $43.6. Total gains, here, are expected to increase during the Bull phase, and dramatically if any of the cryptos go moonshot.

Short Term Trades (Buying and Selling the same crypto coin)

None to report.

Two additional portfolios:

Here are the results of two additional portfolios that I have set up during the current accumulation phase. The first portfolio utilizes the three main CTA crypto coin holdings (Bitcoin, Ethereum and one other). The second portfolio is the first plus two other CTA-recommended coins. They were set up using Dollar Cost Averaging (see The Mini Glossary) over about 10 weeks. The graphs start at the date when the 10-week set-up periods were completed. The green lines are the highest reached values and the red lines are the lowest reached values. Both portfolios show significant gains (around 200%).

Three Coin Portfolio

November 25th, 2023 until March 3rd, 2024

Five Coin Portfolio

December 29th, 2022 until March 3rd, 2024

There are so many positives now in the crypto-sphere: Bitcoin ETFs have been approved with many of the huge financial institutions like Black Rock becoming involved; Ethereum ETFs are warming up; and the forthcoming Ethereum Mainnet Cancun Hard Fork (which will improve Ethereum transactions per second – a great deal for end users).

It is important to note that Michael Mac believes that cryptos are still vastly underpriced and that we are in the early days of the Bull Market. Note during a Bull Market there are still dips in prices during the run – it’s not a straight line up. Remember that CTA will advise which coins to buy, when to purchase, when to sell, when and what coins to stake, and how to prepare for airdrops. In addition, tracking forms are available. Furthermore, tax issues and security information are elucidated. There is also a very active Facebook group, where admin members are usually fast to respond to queries. Currently, as we move further into the Bull Market, profit-taking protocols are being released.

Newsflash: as of today, March 12th, 2024, my original portfolio is now in profit at $1317.09; the five-coin portfolio stands at $3542.07; and the three-coin portfolio stands at $3269.50

Watch the webinar here

You Can Sign Up Here For Full Membership

Mini Glossary:

The Accumulation Phase typically happens before an uptrend. The Accumulation Phase is over when the market sentiment moves from a negative stance to a neutral one. During this phase, a lot of money is both entering and leaving the market at the same time.

Airdrops involve crypto projects sending free tokens en masse to their communities in a bid to encourage adoption.

Altcoin. If the entire cryptocurrency universe expanded from a single point, sort of like a big bang, that point of singularity would be Bitcoin, the first cryptocurrency. Ethereum introduced another region to the blockchain universe: one that allowed for innovations such as smart contracts and decentralized applications (dapps) to flourish. An altcoin is every cryptocurrency that’s not either Bitcoin or Ethereum.

The Bear Phase is defined as the period when the prices of stocks, securities, or other assets (like cryptos) decline significantly and persistently.

A Blockchain is a type of shared database that differs from a typical database in the way it stores information; blockchains store data in blocks linked together via cryptography. Different types of information can be stored on a blockchain, but the most common use for transactions has been as a ledger. In Bitcoin’s case, blockchain is decentralized so that no single person or group has control—instead, all users collectively retain control. Decentralized blockchains are immutable, which means that the data entered is irreversible. For Bitcoin, transactions are permanently recorded and available to everyone.

A Bull Run is defined as a period where the majority of investors are buying, demand outweighs supply, market confidence is at a high, and prices are rising,

The Cancun Hard Fork is a part of the Ethereum Cancun-Deneb (Dencun) upgrade, which is a major update to the Ethereum network that aims to improve its scalability, security, and usability. This will increase the network’s capacity and reduce transaction fees.

The Dymension ecosystem is a dynamic and expansive network of modular blockchains, known as RollApps.

Dollar-Cost Averaging is the practice of systematically investing equal amounts of money at regular intervals, regardless of the price of a security. Dollar-cost averaging can reduce the overall impact of price volatility and lower the average cost per share.

DYM Crypto Coins are the native tokens of the Dymension ecosystem.

An Exchange-Traded Fund (ETF) is a type of pooled investment security that resembles a mutual fund but can be purchased or sold on a stock exchange like a regular stock.

A Moonshot is a project or venture (like a crypto coin) that aims to achieve a very ambitious or groundbreaking goal, often involving innovation and creativity. Moonshot crypto coins can increase up to 100x in value.

NFT stands for “Non-Fungible Token.” At a basic level, an NFT is a digital asset that links ownership to unique physical or digital items, such as works of art, real estate, music, or videos. Non-fungible more or less means that it’s unique and can’t be replaced with something else. For example, a bitcoin is fungible — trade one for another bitcoin, and you’ll have the same thing. A one-of-a-kind trading card, however, is non-fungible. If you traded it for a different card, you’d have something completely different.

Spot Bitcoin ETF is an Exchange Traded Fund that tracks the price of Bitcoin directly.

Stablecoins are cryptocurrencies that attempt to peg their market value to some external reference like the U.S. dollar.

Staking cryptocurrencies is a process that involves committing your crypto assets to support a blockchain network and confirm transactions. Staking can be a great way to use your crypto to generate passive income especially because some cryptocurrencies offer high interest rates for staking.

Watch the webinar here

You Can Sign Up Here For Full Membership

Hanbury Racing Tips – Eighteen Months On

I’m delighted to report that this approved service continues to deliver profits. Six months on from my last report have yielded an additional profit of 116.98 pts. This brings a very impressive total of 511.31 pts profit over 18 months with a return on the initial starting bank of 170.44 %.

Here are the stats for the eighteen-month period:

Starting Review Date: 10th May 2022

Current Review Period End Date: 9th November 2023

Starting Bank (recommended): 300 pts

Minimum Bank: 243.48 pts (15th October 2022)

Maximum Bank: 829.38 pts (3rd October 2023)

Number of Profitable Months: 12/18

Current Bank: 811.31 pts

Number of Bets: 1131

Non-Runners or Race Void: 103

Number of Profitable Bets: 180

Strike Rate (% of profitable bets): 17.51%

Longest Losing Run: 20 tips

Odds Range: 6.0 to 201.0

Profit/Loss: 511.31 pts

Return on Bank: 170.44 %

Betting at the standard CashMaster £10 a point (equating to £5 each way) results in a gross profit of £2556.55

and a net profit of £1941.55 (after fees of £615).

The graph below follows the bank over the eighteen-month period, starting at 300 pts:

The above graph represents results from the recommended bookmakers (and I mainly used Bet365 which often has the best odds).

I’ve also been monitoring profit/loss over the last six months with a) Bet365 Each Way Extra; b) a small independent bookmaker, and c) Tote (win only).

a) Bet365

Bet365 has a feature called Each Way Extra on horse racing that is not available (that I am aware of) with other bookmakers. It allows one to select up to ten extra places (depending on the number of horses in the particular race). This feature is available in most UK races and some Irish races.

For every tip, I selected the maximum number of places. The following graph shows the bank over the recent six-month period. There was a resultant profit of 26.6 pts. This is a respectable profit for a six-month period and for the standard cash master, £10 (£5 each way) gives an additional profit of £133.

b) Small Independent Bookmaker

This was unsuccessful and led to a loss of 152.96 pts over the last six months. The issue here is not primarily the lower each-way odds, but the lack of an extra each-way place compared to the big bookmakers (Bet365, Paddy Power, etc.) Many times a horse came in 4th with only 3 places available with this bookmaker.

c) Tote

The Tote place odds are so poor that I only placed one-point win bets with it. There was a loss of 166.74 pts during the six months.

Clearly, place returns are vital for the profitability of the service. So stick with bookmakers that offer the same number of places indicated in the advised tips.

Hanbury Racing Tips remains my all-time favourite personally reviewed Tipster at CashMaster.

Try Hanbury Racing Tips here

20 Minute System – Update After Two Years

I’ve been following this service for a further year to see whether the system would continue to build profit. The last twelve months picked up a further 36.93 points profit; compared to 82.94 points profit for the first year. Over the full two-year period a profit of 119.87 points was acquired, averaging over 50 points per year which is respectable.

At the standard cash master £10 per point (£5 each way in this instant) this would give a decent profit of £1198.70 for an average of 30 minutes total activity per week. After two years of service costs (including VAT) of £237.60, that leaves a net profit of £961.10. This service remains approved.

Here are the important stats:

Starting Review Date: 11th August 2021

Current Review Date: 30th July 2023

Starting Bank: 200 pts

Minimum Bank: 159.14 pts (26th July 2022)

Maximum Bank: 324.71 pts (4th June 2023)

Number of Profitable Months: 11/24

Current Bank: 319.87 pts

Number of Bets: 1445

Number of winning Bets: 146

Strike Rate: 10.10 %

Profit/Loss: 119.87 pts

Return on Bank: 59.94 %

Time Taken to Place Bets and Check Results each week: 0-60 mins (depending on how many bets there are and how many to check from the previous week). This equates to about 30 mins on average. On some weeks there are no bets and on some weeks one could spend over an hour placing bets. The majors generally have more bets due to increased public interest.

Below is a graph showing the bank per week over the years in review

Notes:

  1. I was available to use some of my gubbed accounts on this system such as Skybet, William Hill, Paddy Power, Betway and Boylessport; but not others such as Ladbrokes, Coral and Betfair sports.
  2. I missed two weeks of betting due to unavailability and there were no official results to compare with.
  3. Most of the profit was acquired during the first five months, results have been rather dull since.

You can sign up here

Crypto Trader’s Academy (CTA) – Latest Update (At 29 Months)

At the end of July 2023, marking Two Years And Five Months On, my bank stands at $584.46: a loss of $575.68 since the review started.

According to Michael Mac, the director of CTA, the conditions are now ripe for a new bull market. The on-chain metrics are in place, the market cycle picture is ready for the accumulation phase to end and the stock market is looking favourable. Black Rock, the world’s largest asset manager with US$8.59 trillion under management, apparently agrees. It has recently shown its confidence in the long-term prospects for Bitcoin by filing an application for a Bitcoin ETF (Exchange Traded Fund, see The Mini Glossary) with the U.S. Securities and Exchange Commission (SEC).

A Bitcoin spot ETF would be a huge deal. It would be a cost-efficient and regulated way for all pension funds, institutions and investors in the US to buy Bitcoin easily and safely through their trading accounts, or within their tax-protected structures like regulation pension/investment (ISA) funds.

In addition, there is growing speculation that an Ethereum ETF could be approved by the SEC as early as October 16th. Obviously, this would be a major milestone for the crypto industry, as it would make it easier for investors to gain exposure to Ethereum.

Furthermore, Paypal has just launched its own stablecoin, PYUSD. This is a big deal for two reasons. First, it shows that more financial institutions are taking crypto seriously. Second, it opens up the possibility for Paypal users to make payments with stablecoins.

Here are the latest stats and developments:

The Main Portfolio

Since my last update, the crypto market has remained in its accumulation phase, with a wee gain in my portfolio of $32.9. Two new coins have been added to the official portfolio and one advised for removal (cashing out).

Acquisition Cost: $1160.14 (Completed on February 11th, 2021)

Minimum Bank: $410.67 (Jan 1st, 2023)

Maximum Bank: $2197.55 (May 10th, 2021)

Number of Profitable Months: 14/29

Number of Crypto coins in the main portfolio: 14 (includes one stablecoin)

Current Bank: $584.46 (July 31st, 2023)

Profit/Loss Since Acquisition: -$575.68

Return on Bank since Acquisition: -49.62%

The graph below shows the daily value of the portfolio from March 1st, 2021 through July 31st, 2023:

We have been in an Accumulation Phase for about 390 days now (over a year!)

Airdrops

Five new airdrop-free tokens were reported. I qualified for one only; members of management qualified for all five as they have much bigger crypto investments.

There are also a total of 7 coins being staked that are associated with potential/acquired airdrops. Yearly rates for these coins are 2.6% to 48.3%. One coin, CRBRUS, was being staked but is now defunct. Total gains from my airdrop-associated staking are $10!

Staking

A total of five portfolio coins are currently being staked. The total profit to date from all my portfolio-staked coins is $27.7, equal to 4.7% of the current main portfolio value, $584.46. The annual interest rate on my portfolio-staked coins varies from 2.6% to 12.7%.

Short Term Trades (Buying and Selling the same crypto coin)

None reported.

In general, the best time to sign up for a crypto service is at or near the bottom of a bear market ( and during the accumulation phase) as this is the time when the coins are at their greatest value for long-term growth. So now is a good time. Here are the results of two additional portfolios that I have set up during the current accumulation phase. The first portfolio utilizes the three main CTA crypto coin holdings (Bitcoin, Ethereum and one other) and the second portfolio is the first plus two other CTA-recommended coins. They were set up using Dollar Cost Averaging (see The Mini Glossary) over a period of about 10 weeks. The graphs start at the date when the 10-week set-up periods were completed. The green lines are the highest reached values and the red lines are the lowest reached values. Both portfolios show significant gains even during the extant accumulation phase.

Three Coin Portfolio

3 Coin Portfolio covering the period from Nov 25th, 2022 until August 8th, 2023

Five Coin Portfolio

5 Coin Portfolio covering the period from Dec 29th, 2022 until August 8th, 2023

Note membership in CTA includes many introductory how-to guides. As well as primers on Crypto and Tax; Crypto Security; and Dollar Cost Averaging. In addition, there are spreadsheets to monitor portfolio performance, airdrops, and compounding.

You Can Sign Up Here For Full Membership

Important Addition: CTA has recently been offering a 5-Day Challenge for just seven quid (as Graham posted on an earlier occasion), where one can learn the basics of crypto trading in easily digestible chunks one day at a time. This includes setting up an account at an exchange, purchasing the core cryptos, understanding the crypto mindset, purchasing an altcoin, and how to stake coins. Currently, there is a waiting list for the next course. To join this waiting list, click here.

The next report will be delivered near the end of 2023.

Mini Glossary:

The Accumulation Phase typically happens before an uptrend. The Accumulation Phase is over when the market sentiment moves from a negative stance to a neutral one. During this phase, a lot of money is both entering and leaving the market at the same time.

Airdrops involve crypto projects sending free tokens en masse to their communities in a bid to encourage adoption.

Altcoin. If the entire cryptocurrency universe expanded from a single point, sort of like a big bang, that point of singularity would be Bitcoin, the first cryptocurrency. Ethereum introduced another region to the blockchain universe: one that allowed for innovations such as smart contracts and decentralized applications (dapps) to flourish. An altcoin is every cryptocurrency that’s not either Bitcoin or Ethereum.

A Bull run is defined as a period of time where the majority of investors are buying, demand outweighs supply, market confidence is at a high, and prices are rising,

Dollar-cost averaging is the practice of systematically investing equal amounts of money at regular intervals, regardless of the price of a security. Dollar-cost averaging can reduce the overall impact of price volatility and lower the average cost per share.

An Exchange-Traded Fund (ETF) is a type of pooled investment security that resembles a mutual fund but can be purchased or sold on a stock exchange like a regular stock.

NFT stands for “non-fungible token.” At a basic level, an NFT is a digital asset that links ownership to unique physical or digital items, such as works of art, real estate, music, or videos. Non-fungible more or less means that it’s unique and can’t be replaced with something else. For example, a bitcoin is fungible — trade one for another bitcoin, and you’ll have exactly the same thing. A one-of-a-kind trading card, however, is non-fungible. If you traded it for a different card, you’d have something completely different.

Spot Bitcoin ETF is an Exchange Traded Fund that tracks the price of Bitcoin directly.

Stablecoins are cryptocurrencies that attempt to peg their market value to some external reference like the U.S. dollar.

Staking cryptocurrencies is a process that involves committing your crypto assets to support a blockchain network and confirm transactions. Staking can be a great way to use your crypto to generate passive income especially because some cryptocurrencies offer high-interest rates for staking.