Bitcoin against trading background

Posted by & filed under Cryptocurrency, Current Reviews.

It’s been a brutal time for Cryptocurrency advice service Coin Bureau lately. The open positions are down a cumulative 371% since our last update.

That means the open positions are now a cumulative 588% down since we started our trial in terms of the open positions.

In terms of closed positions, these have also been faring badly, with a combined loss of 227% made across three closed positions since our last update.

As mentioned in our review introduction though, this isn’t a service that issues a formal set of buy and sell recommendations like some other crypto services we have looked at such as JK Diego and Crypto with Kash. It’s more a case of Guy updating you on what he has done in his own portfolio.

You can view full results here

Guy has been closing out some of his alt coins and putting the funds into Bitcoin and Ethereum.

In terms of the closed positions, he took quite a hit on the two altcoins he has closed recently – Arweave (AR) for losses of 70% and 59% across two positions – and Terra Luna, which as you may have seen completely collapsed last month, sustaining a 98% loss.

The collapse of the Terra Luna ecosystem illustrated in the starkest terms the extreme risk and volatility of crypto assets, demonstrating that really any token could collapse to close to zero overnight.

Even the most dominant coins like BTC and ETH have lost ~70% of their value from their highs a few months ago, so it goes to show this market is not for the faint-hearted.

 

 

 

 


Coin Bureau – Results Update

2nd May 2022

There’s been a slight improvement for Cryptocurrency advice service Coin Bureau in terms of the open positions, with Guy’s portfolio up a cumulative 8% since our last update.

However the portfolio is still -217% down since we started our trial in terms of the open positions.

In terms of closed positions, there has been one partially closed position for a profit of 293% and one fully closed position (just recently) for a loss of 75%. That was on Yield Guild Games (YGG).

As mentioned in our review introduction though, this isn’t a service that issues a formal set of buy and sell recommendations like some other crypto services we have looked at such as JK Diego and Crypto with Kash. It’s more a case of Guy updating you on what he has done in his own portfolio.

You can view full results here

Guy tends to sell off “bits” of various positions at times and add the extra bit here and there too. We haven’t recorded these small bits here and there in our results as it would get quite messy, plus it is quite hard to work out exactly how much he has sold each time.

One additional item to mention is that Guy was airdropped some Ape Coin for holding a Mutant Ape NFT. He has sold off a portion of those as the coin has risen quite a lot since it launched.

 

 

 


Coin Bureau – Results Update

25th January 2022

Cryptocurrency advice service Coin Bureau has continued to suffer under the crypto bear market, with Guy’s portfolio down a cumulative 294% since our last update.

That means the portfolio is now -225% down since we started our trial.

As mentioned in our review introduction though, this isn’t a service that issues a formal set of buy and sell recommendations like some other crypto services we have looked at such as JK Diego and Crypto with Kash. It’s more a case of Guy updating you on what he has done in his own portfolio.

You can view full results here

The bear market in crypto has hit all the services we are reviewing hard and it would take something special to be in profit over the last few months.

Just to mention that Guy has sold off “bits” of various positions recently. We haven’t recorded the selling off of small bits here and there in our results as it would get quite messy, plus it is quite hard to work out exactly how much he has sold each time.

Our results give the overall picture regarding the picks since they were made, which as mentioned above aren’t official recommendations as such anyway.

 

 

 


Coin Bureau – Results Update

25th January 2022

Cryptocurrency advice service Coin Bureau has continued to suffer under the crypto bear market, with Guy’s portfolio down a cumulative 111% since our last update.

That means the portfolio is now 69% up since we started our trial.

As mentioned in our review introduction though, this isn’t a service that issues a formal set of buy and sell recommendations like some other crypto services we have looked at such as JK Diego and Crypto with Kash. It’s more a case of Guy updating you on what he has done in his own portfolio.

You can view full results here

The bear market in crypto has continued and has meant all of the cryptocurrency services we are reviewing have struggled. It’s tough to make a profit when the vast majority of tokens are falling in price, some of them quite significantly.

As mentioned last time, Guy has also added to his ETH and BTC positions but we haven’t included them in the portfolio results as these were two already big positions he held and aren’t new picks as such.

He has also added some NFTs, in the form of Meebits and the Mutant Ape Yacht Club. Again we won’t be including those in the results as the buys are quite specific in terms of which NFT you buy so not easily replicable in the same way the buying cryptocurrencies is.

 

 


Coin Bureau – Results Update

14th December 2021

Cryptocurrency advice service Coin Bureau has suffered something of a reversal over the last month, with Guy’s portfolio down a cumulative 636% since our last update.

That means the portfolio is now 180% up since we started our trial.

As mentioned in our review introduction though, this isn’t a service that issues a formal set of buy and sell recommendations like some other crypto services we have looked at such as JK Diego and Crypto with Kash. It’s more a case of Guy updating you on what he has done in his own portfolio.

You can view full results here

There has been a big drop in the crypto markets recently so that explains some of the losses seen in Guy’s portfolio. It illustrates the volatility in cryptocurrency and how wild a ride it can be at times!

Guy himself buys and holds for the long term so hasn’t reported panic selling any of his holdings – in fact quite the opposite: he has reported buying more on the dip. Some of that was in ETH and BTC which we haven’t included in the portfolio results as these were two already big positions he held and aren’t new picks as such.

 

 

 


Coin Bureau – Results Update

14th November 2021

Cryptocurrency advice service Coin Bureau continues to perform very well, with Guy’s portfolio up a cumulative 469% since our last update.

That means the portfolio is now 816% up since we started our trial.

As mentioned in our review introduction though, this isn’t a service that issues a formal set of buy and sell recommendations like some other crypto services we have looked at such as JK Diego and Crypto with Kash. It’s more a case of Guy updating you on what he has done in his own portfolio.

You can view full results here

Apparently Guy from Coin Bureau has recently signed a podcast deal with iHeart Radio for a cryptocurrency related podcast. So you will be able to hear even more from Guy on yet another channel! Judging by his other stuff it should be worth following.

 

 


Coin Bureau – Results Update

13th October 2021

Despite a small dip, cryptocurrency advice service Coin Bureau continues to perform very well, with Guy’s portfolio up a cumulative 347% since we started following along.

As mentioned in our review introduction though, this isn’t a service that issues a formal set of buy and sell recommendations like some other crypto services we have looked at such as JK Diego and Crypto with Kash. It’s more a case of Guy updating you on what he has done in his own portfolio.

You can view full results here

There have only been four new coins bought since we joined up, so there isn’t much trading as such. Guy is more of a long-term buy and hold type.

We have also been enjoying the content, with pretty much daily updates on Telegram containing news and analysis and of course regular YouTube videos.

There was in particular which we found interesting about play-to-earn crypto games, so we would recommend checking that out if you have some time.

 

 

 


Coin Bureau – Results Update

13th September 2021

It’s been a good start to our trial of cryptocurrency advice service Coin Bureau, with some decent gains made in Guy’s portfolio.

As mentioned in our review introduction though, this isn’t a service that issues a formal set of buy and sell recommendations like some other crypto services we have looked at such as JK Diego and Crypto with Kash. It’s more a case of Guy updating you on what he has done in his own portfolio.

That being said, all three of the coins Guy has bought so far are well up – with one of the them having rocketed 367%.

So good call on that one!

You can view full results here

As also mentioned in our review introduction, the quality of the content is very high, across the e-mail newsletters, YouTube videos and Telegram channel.

This is one of the few services we have come across that really takes the time to explain cryptocurrencies in layman’s terms and make them understandable. The rationale for their view of a coin is also set out clearly, without so much of the hype and nonsense you tend to see around crypto, particularly on YouTube and social media.

So far then we are really liking this service, top stuff.

 

 

 


Coin Bureau – New Review

10th August 2021

We are starting a new review today of a service called Coin Bureau.

This is a cryptocurrency advice service that has become very popular in recent times. It started out as a YouTube channel and has amassed over one million subscribers. Their offering now also includes a website, Telegram channel and e-mail newsletter.

The head of the channel is a guy called – well, Guy (no surname given) who fronts the YouTube videos but they also now have a whole team of cryptocurrency experts who write content and contribute to the information provided.

Although there is quite a lot to Coin Bureau, the main aspect of the service we want to focus on in this review is Guy’s crypto portfolio within the email newsletter.

This is where he reports on his current crypto holdings and any buys and sells he has made.

It should be noted that these are not a formal set of buy and sell recommendations like some other crypto services we have looked at such as JK Diego and Crypto with Kash. More a case of Guy recording what he’s been doing for information purposes.

It should be interesting to track nonetheless, as in theory if anyone should be able to pick out the right cryptos to buy it should be someone with Guy’s knowledge.

We will also take a look at the other aspects of Coin Bureau including the You Tube videos, Telegram channel and additional information in the newsletters.

Hopefully there will be some useful titbits and info to pick up through those as well.

As usual we will report on Coin Bureau here as we go along.

In the meantime you can check it out for yourself here.

 

 

 

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