Hello,

On August 18th, after seeing Coin Bureau's video on Audius (AUDIO), and seeing previous video crypto suggestions paying out, I have decided to implement the Coin Bureau trading Guyde (pun intended).

Rules:

• every time CoinBureau releases a video on a coin (usually once a week), sell previous coin and buy the newly-mentioned coin
• based on preference, sell a major part of your position (if you want to sell only 80% and keep holding the previous coin, feel free to do so)
• sell as soon as possible after the video release (I generally sold even before watching to not get personal feelings get in the way, I am not the sharpest tool in the shed after all)
  

So if you got through the foolishness I've just written, you probably want to see results. I have used this technique and got some interesting results (spoiler: it's some pretty good money)

I have invested $331 in Audius (AUDIO), which corresponded to 100 coins at $3.31 each, as the start of the strategy. With the following coin video release, I sold 100% of my holdings and bought the next one. After that, repeat, repeat, repeat.

Results:

Buying the assets

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Selling the assets

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Profit/losses

Note: Italics mark my currently-owned asset with price taken as of creating this table in Google Sheets (as of writing this, ALGO already dipped a bit).

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I have also, for my own interest, checked the data of how this compares to if I just held BTC, ETH, or ADA

Note: all % in this table are Total profit/loss percentages

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Conclusion:

On the one hand, this trading strategy seems to be working remarkably so far, generating 66% gain over 40 days, even through a recent crypto downturn.

On the other hand, it can be seen that it is by far not perfect, the very first investment (Audius) turned out to be a loss, and not insignificant one. The following asset saved the day though, which was probably mainly influenced by ETH bull-run towards 4k. At this point, holding either ADA or ETH would be a better investment.

We all know what happened next, series of Evergrande and other China FUD caused a market downturn, though it did not seem to affect the CoinBureau-mentioned coins as much as it did for the top3 coins.

I am not sure how Guy himself influences these prices, it is quite possible that this is the prime shill game.

As a conclusion, I present this as a viable trading strategy based on very short-termed data.

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tl;dr Trading based on CoinBureau videos for interesting coins outperformed holding major coins greatly. Obligatory This is not financial advice.

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Last note: Go subscribe to Coin Bureau on Youtube (and hit that notification bell ;) )