Wednesday, 23 May 2018

EOS Mainnet is coming and so are the airdrops. How to register before June 1st



So everyone loves free things and airdrops are no exception to that. Give me something for doing very little to nothing yes please. So let's dive in with as quick break down of what is EOS and how to get that free coin.

EOS is a blockchain platform for the development of decentralized applications (dapps), similar to Ethereum in its functionality. It makes decentralised applications (dapps) development easy by providing an operating system and protocol set of services and functions that dapps can take advantage of.
The EOS ideology is to bring together the best from various smart contract technologies, into a simple to use, yet massively scalable dapp platform for everyday use empowering the future blockchain ecosystem.
The EOS vision is to create a scalable secure blockchain dapp platform that can can handle thousands of transactions per second, all while providing an accessible experience to developers, entrepreneurs and users. The aim is to provide a complete operating system for decentralized applications focused on the web by providing services like user authentication, cloud storage, and server hosting.
The EOS project is being developed by a company called Block One, led by Dan Larimer (co-founder of both Bitshares and Steemit) and Brendan Bloomer. Both provide some serious crypto experience and have been active in promoting the technology as a whole in addition to their own projects.

The EOS Mainnet is scheduled to launch on June 1, 2018 and EOS token holders must register their tokens before the launch in order to claim their official tokens. Assuming you already have a MyEtherWallet holding EOS tokens, these steps explain how to manually register EOS tokens using MyEtherWallet.com (MEW).



1 Go to MyEtherWallet.com 2 Click "Contracts" 3 Click "EOS Contribution" 4 Click "Access" 5 Go https://eos.io/instructions about halfway down choose register and generate EOS keys (make sure you write down your keys and store them safely or risk losing your tokens) 6 Enter your PUBLIC EOS key into the "key string" field in MEW (Do Not enter your private key) 7 Click "write" to register your tokens 8 Check to see if you tokens were register correctly 9 Refresh MEW page 10 Click "Contracts" 11 Click "Access" 12 Click "Keys" 13 Enter your public Ethereum address 14 Click "Read" 15 If you registered your tokens correctly your Public EOS key should appear under the field that reads "string"

Here is a list of the projects past and present that have or are planning to airdrop on the EOS ecosystem.

https://www.eosdrops.io

Feel free to drop by our group and join the community http://www.ascendtrading.net?aff=osirustwits
Hit me up on twitter with your thoughts and comments https://twitter.com/Osirustwits

Thursday, 10 May 2018

Which Cryptocurrencies should be on your watch list in the next few weeks?

Well it has been a month since the alerted bull run was coming and Ascend Trading  has seen some great gains but what is next? Where should we be looking to see signs of the next #LamboMoon or as we say now #FerrariSoon

Here are some intangible coins I have my eyes on. Do your own due diligence as you take your own risk this is not investment advice just infotainment.

Section 1 
The main net coins:

The following coins will be launching their main nets within the month or next. Most of these are anticipated to rival existing GEN 2 coins and show the innovation of GEN 3 coins. With many hours of discussion and tweets about these they need no further introduction.

Coin                         Launch Date
Oyster (PRL)                  May 29th
TRON (TRX)              May 31st
Nuls (NULS)                  Sometime in May
EOS (EOS)                  June 2nd
VeChain (VEN)              By end of June
High Performance
Blockchain (HPB)          By end of June
Fusion (FSN)                  By end of June
Ontology (ONT)             By end of June
Credits (CS)                  By end of June
DADI (DADI)                By end of June
Aeternity (AE)                By end of June

Section 2
Consensus 2018:

Ripio Credit Network (RCN)
Ripio had a partnership integration with both Decentraland (MANA) and Bancor (BNT), some nice positive awareness for Ripio and for Decentraland from Silicon Valley. This should be a meaningful partnerships with each other, unlike a certain "coin and pornhub".

CIVIC & THEKEY
Both CIVIC and THEKEY focus on blockchain to solve the identity problem. Civic has made big gains prior and both of the their charts and market caps are looking similar. The identity discussion can bring increased awareness to the pair of projects.

AION
Aion has a low blockchain market cap of under half a billion. Thy got a nod from PBC as a project to watch and if they can get a buzz could easily increase in market cap and worth. The discussion on blockchain interoperability and its importance is going to be a needed catalyst.

PROPY (PRO) Rentberry (BERRY)
Have a lot going for them real property backing these assets, low market caps with BERRY being 1/2 of PRO. The buzz is the wildcard can they pick up steam if so they could move fast.

Keep up to date on the day to day discussion on Crypto and join the community at AscendTrading
http://www.ascendtrading.net?aff=osirustwits

Sign up Binance   https://www.binance.com/?ref=10323618  and get on Kucoin https://www.kucoin.com/#/?r=1RNtQ while they are taking on new users. Happy trading.


Wednesday, 11 April 2018

Where is bitcoin ( #BTC ) and the entire Cryptocurrency market heading?

Well is the bear market over? Are we ready to go back to all time highs? Is now time to buy?

I have received several questions and I hope to answer the many questions but the above ones require a crystal ball. I will look at these 2 questions and how I weigh the risk vs reward.


What is a crypto currency Initial Coin Offering (ICO) ?

How do you evaluate an ICO for potential and risk?

Hope this short video helps clear the air on what I do with my trades. Please do your own research and weigh the risks accordingly.


https://www.youtube.com/watch?v=q6qi5wwz5gE




Feel free to contact me on twitter @osirustwits or in the Chatroom trade safely!

Saturday, 3 March 2018

A Crypto Currency play on Wall Street

With how hot cryptocurrency has been and blockchain in general why not look at a trade that could combine the best of both worlds.

Looking at a possible options combination on $AMD as part of the crypto currency play tied in with their processing chip partnership expected profits. If you would like get more information on trading ideas in crypto to Stocks to options feel free to join the discussion http://www.ascendtrading.net?aff=osirustwits

Here are the trade ideas

AMD LONG CALL has an average move 12% during earnings with current price at time of report $11.79 means buying the $11 strike could net you a 25% move profit.

An AMD BULL CALL SPREAD buying the $11 for $1.73 and selling either the $13 strike for $0.83 or $14 strike for $0.55 gets you into this trade for $0.90 and $1.18 respectfully. Keeping in mind that you are currently $0.79 in the money that means only buying $0.11 and $0.39 of extrinsic value to have a profit potential of a $2 or $3 spread. I like those odds on the reduced capital as you have long the 66 Delta.

AMD COVERED CALL Buying shares of AMD at $11.79 and selling the $12.00 call for $1.22 would result in a call-away-return of 11.9% if the stock trades above the strike following earnings. This also would provides downside protection to $10.58 and positive Theta

SHORT STRANGLE expecting the move to not go past the 12% avg means that we could throw an other trade over top and short strangle selling the $14 Call strike and the $10 Put Strike for a total of  $1.08 meaning break even would be $15.08 tot he upside and $8.92 to the downside.

LIZARD also could be thrown on top of the bull call spread by selling short the $13 call for $0.83 and sell the $11 put for $0.86 then to reduce the infinite upside risk buying the $14 strike call for $0.57 put the LIZARD in play for a credit of $1.12.

Why I like the combo of the BULL CALL SPREAD and the LIZARD is:

If AMD goes down after EARNINGS the break even on the BCS is $11.90 so you would loose under that and the break even on the  LIZARD would be $9.88 so $10.89 would roughly wash both trades as no gain or loss..

If AMD goes up as I expect since I have capped the upside risk by taking in more than the spread $1.12 vs $1 (-$13C +$14C)  I would still make $0.12 profit on the LIZARD while I would make full spread on the BCS  ~$1.10 profit totalling  $1.22 but anything less than full spread would keep the full $1.12 from the LIZARD 

Best Scenario AMD is pegged at $12.99 at option expiry from the BCS I would get full value of the $11 call being $1.99 in the money no value on the short call and thus also keep full value on the LIZARD for a profit of $3.11 you can see why I like the combo of the BCS + LIZARD in this case.


Option Chain from https://marketchameleon.com/Overview/AMD/OptionChain/
This is strictly for infotainment any trade I post is how I am trading my money if you follow you do so at your own risk. Everything has risk even crossing the street so look both ways, do your due diligence.

Thursday, 1 March 2018

Today we closed the $DDD options play took the profit off the table this let us focus on the play of the day the $KBSF halt short.


$KBSF a former runner approaching resistance levels and moving on what I consider not the strongest of volume. We had wanted a short at the break of $7 for top tick but she was not cooperating so we hit it on the VWAP (Volume Weighted Average Pricing) break.

This was not the strongest of the shorts as we shorting into a weakness thus the trade was not a repeat affair just a scalp.

As always the chatroom got the alert before we took the trade. If you would like to get these alerts you may also join the community ( HERE ) where we trade everything from Stocks, Options, Futures, CryptoCurrency and FOREX. We #TradeSocially



If you have any question feel free to join the discussion http://www.ascendtrading.net?aff=osirustwits

Wednesday, 28 February 2018

Earnings Report play for the week $DDD


This was a spread option trade.

In order to create a spread you are buying one option strike and selling the other. The difference between them is the spread. It reduces risk as it reduces the amount of capital in the trade.




Tuesday, 27 February 2018

The last few months I have been immersed in the crytpo-verse with mining, trading, running masternodes and buying ICOs. I will update those going forward through this site and youtube as we go into the 3rd month of 2018. Took a short break from the intangible world to get short on stock as a help for a member with their entry and exits on shorts. $ZSAN was the target. Here is the trade Osirustwits™ AT (@Osirustwits) tweeted at 7:13 AM - 27 Feb 2018 :

Took a break from #Crypto with the @Ascend_Trading #TheDarkArmy to help a member who was having issues with short entries & exits. Did a live trade walk through on $ZSAN if you want to learn to trade #Charts on #Crypto #Stocks literally anything join in https://t.co/Zerbd0nh7G https://t.co/55kgo9j1ZD (http://twitter.com/Osirustwits/status/968504481599012864?s=17)