Bitcoin against trading background

Posted by & filed under Cryptocurrency.

As you may have seen from our update the other day, JK Diego has started a new service called the Elite Investing Club which replaces this service – or which this service morphs into.

We thought we would wrap this review up then as this service – in its current form anyway – has closed.

Just to recap on what it was all about – essentially JK Diego would report on certain cryptocurrencies he was buying and selling in a sample portfolio.

It operated on a “buy and hold” philosophy, meaning holding coins for a reasonable period rather than day-trading them. In fact there wasn’t a great deal of trading activity over the course of our review, particularly during the latter stages.

The service was intended for those with a starting bank of at least $5,000 to make it worthwhile and cover subscription costs of 0.1 Bitcoin (BTC) for 3 months (which was around $600-700 when the service started).

As time went on and the price of BTC boomed however, that price became unaffordable for most people so Diego closed the service to new members.

In any event, the results of the service were excellent, with starting capital of $5,000 growing to over $42,000 by the end of our trial.

That is over 800% growth, a very impressive amount by anyone’s metrics

You can view full results here.

That growth is in terms of the open positions, which obviously can still go up or down. Of course if those following this programme decided not to continue on with the Elite Investing Club, they would have the option of closing those positions now (as they would at any other time too, obviously!).

In terms of closed trades, those also made $3271 profit.

So it has been an excellent trial and receives a clear PASSED rating.

Obviously there was also a cryptocurrency boom over the period our trial ran which helped the results so that needs to be factored into the equation, but part of the skill is knowing when to enter the market and it was certainly good timing in this case.

As ever, we would also remind people of the general warning that cryptocurrency is a highly risky form of investment and your capital is at risk.

Bearing that in mind though as we say it was a clear passed rating for this service and excellent results were achieved.

 

 

 

 


J.K. Diego’s Cryptocurrency Consulting Program – Results Update

3rd August 2021

There was the first trading activity in quite a few months today for JK Diego’s Cryptocurrency Consulting Program as JK recommended selling off half of the crypto portfolio.

That means the current portfolio is now worth $37,298 (half of which is held in cash) from initial starting capital of $5,000. Pretty awesome stuff.

You can view full results here.

JK feels it’s a good time to lock in some profits while the market finds some clear direction.

Just a reminder that in terms of signing up, membership is effectively closed for the time being. The previous cost of joining was 0.1 BTC but JK feels this is too much now so has had to turn a few people away. He is rethinking the membership scheme and hopes to have something ready in the coming months.

If we hear any news on that we will update it here as soon as we have it.

 

 

 

 


J.K. Diego’s Cryptocurrency Consulting Program – Results Update

14th June 2021

It’s been a while since we updated JK Diego’s Cryptocurrency Consulting Program. The main reason is that there haven’t been any buy or sell recommendations since our last update. JK seems happy to hold his positions as they are and just let them grow.

We can’t really argue with that, as the closed trades have made $3271 profit and the current portfolio is now worth $39,532 from starting capital of $5,000. Not bad going!

You can view full results here.

In terms of signing up, membership is effectively closed for the time being. The previous cost of joining was 0.1 BTC but JK feels this is too much now so has had to turn a few people away. He is rethinking the membership scheme and hopes to have something ready in the coming months.

If we hear any news on that we will update it here as soon as we have it.

 

 

 


J.K. Diego’s Cryptocurrency Consulting Program – Results Update

15th February 2021

It’s been an awesome run for JK Diego’s Cryptocurrency Consulting Program, with another $676 profit made from the closed positions since our last update.

That means the closed trades have now made $3271 profit.

You can view full results here.

As mentioned in our previous update, the other way of looking at things is in terms of the portfolio value rather than the closed trades.

The portfolio is now worth $32,044 versus the starting capital of $5,000 which means the starting capital has grown over 600% since the start. That’s pretty incredible going! Please note you can view the portfolio value in the second tab of the results spreadsheet.

 

 

 

 


J.K. Diego’s Cryptocurrency Consulting Program – Results Update

8th December 2020

The profits have continued to roll in for JK Diego’s Cryptocurrency Consulting Program, with another $495 profit made from the closed positions since our last update.

That means the closed trades have now made $2595 profit.

You can view full results here.

As mentioned in our previous update, the other way of looking at things is in terms of the portfolio value rather than the closed trades. The portfolio is now worth $11,296 versus the starting capital of $5,000 which means the starting capital has more than doubled in eight months. Excellent stuff!

 

 

 

 


J.K. Diego’s Cryptocurrency Consulting Program – Results Update

25th August 2020

J.K. Diego’s Cryptocurrency Consulting Program has moved along nicely over the last few months, adding another $744 profit on closed positions since our last update back in May.

That means the program is now $2100 up on its closed positions for our trial to date from an initial investment of $5,000.

You can view full results here.

These results are recording the net P/L from the closed positions, but the closed positions have been reinvested in new coins so it might be better to think of it in terms of the current portfolio value versus the starting capital.

So looking at that way, the current portfolio would be worth $9,445 versus the starting capital of $5,000 which is even better than just looking at the closed positions and means the starting capital has nearly doubled in less than five months. Not bad!

 

 

 

 


J.K. Diego’s Cryptocurrency Consulting Program – Results Update

10th May 2020

It’s been a good start to our trial of JK Diego’s Cryptocurrency Consultancy Program, with a profit of $1356 made so far after a month. That is from an initial investment of $5,000.

You can view full results here.

However, those profits have been reinvested into buying new coins at a similar price sold at, so in a sense the profits haven’t been “banked” yet but are deferred – hopefully for more profits later!

 

 

 

 


J.K. Diego’s Cryptocurrency Consulting Program – New Review

9th April 2020

Whilst our focus on this website is on forex and stock market trading, we are also interested in other forms of trading too and one of those we tend to keep an eye on is cryptocurrency trading.

A few years ago Bitcoin and cryptocurrencies were all the rage as the markets soared and some lucky people who got in early enough made absolute fortunes.

Then the market collapsed in early 2018 and many of those who got in late sadly lost a fortune.

The overall impact of the crash was for a large number of people to exit the cryptocurrency markets altogether and abandon them as a lost cause, but actually Bitcoin has recovered pretty well since falling to lows of around $3,000 in early 2019.

There are still lots of opportunities in the crypto markets for shrewd traders as a number of the smaller “alt coins” have either collapsed due to being unviable or not made any progress, leaving the stronger, more genuine coins to consolidate and potentially grow again.

The service we are looking at it today comes from a guy who made his name primarily in the football markets but is now looking to take advantage of some of these potential gains in the crypto markets. His name is JK Diego and he has made over $100,000 from betting on the draw in soccer matches around the world which has garnered a huge amount of interest in his service.

Whilst football takes a break due to the coronavirus, Diego is turning his attention to the cryptocurrency markets where he has had considerable success.

He used to offer cryptocurrency consulting a few years back (it was only open as an add-on service to members already subscribed to his draws service). The program was stopped as it was something that took up his personal time (he could only accept limited number of clients due to the workload involved).

He recently recommenced the service at the end of March and it has started very well, with some of his picks already 30-40% up.

The service is a “buy and hold” for a reasonable period rather than day-trading, with a few picks per month, so should be very manageable to follow.

It is intended for those with a starting bank of at least $5,000 to make it worthwhile and cover subscription costs of 0.1 BTC for 3 months.

We will be following the service ourselves and will update progress here during the review. Hopefully we’ll see some decent returns in that time.

In the meantime if you are interested in signing up, please drop us an e-mail at info@tradestocksandforex.com and we will provide further details.

 

 

The contents of this website are intended for educational and information purposes only and do not constitute any form of advice or recommendation and are not intended to be relied upon by you in making (or refraining to make) any specific investment or other decisions. Appropriate expert independent advice should be obtained before making any such decision. We cannot and do not offer individual investment advice.

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