It has been a bearish week for crytocurrencies as last week almost all of the cryptocurrencies have achieved an All time high which are now correcting recently. The total market cap right now as I am writing this is at $565 billion. I am excited to see my cryptocompare portfolio right now that the markets are correcting. Without much more to say let us start.

What is Cryptocurrency HODL?

It is a fantasy style of holding cryptocurrencies per edition I have an imaginary $100 to invest in my choice of crypto. The main goal of this is to see if investing in crypto is profitable in the long term. We buy the crypto with no trend analysis, we buy in maybe on a dip, or when it is at its All Time High.

Disclaimer: The investments here in this post is not true. This is just an experiment to see if holding cryptocurrencies are profitable. This is not investment advice. Invest at your own risk do some research first. Invest only money you can afford to lose.

hodl

First things first

Let us take a look at the stats last week from our cryptocompare portfolio.

Previous Acquisitions

5.9666 STRAT at $4.13 each
13.9665 KMD at $1.78 each
26.2283 STEEM at $0.9532 each
30.885 ETHOS at $0.8095 each
1845.15462396 ADA at $0.02710 each
0.7323861139592793 REC at $68.27 each
6.622516556291391 OMG at $7.55 each
8.090614886731393 LSK at $6.18 each
220.1876879852386 XRP at $0.227079 each
394.548912228649 SNGLS at $0.126727 each
752.5247204370664 XLM at $0.066443 each
12.85347043701799 RDN at $3.89 each
23.31002331002331 EOS at $4.29 each
12.22493887530562 WTC at $8.18 each
73.52941176470588 VEN at $1.36 each

Stats this week

Screenshot-2017-12-29 Manage and track your cryptocurrency portfolio.png

Screenshot-2017-12-29 Manage and track your cryptocurrency portfolio(1).png

Status recap

Last Weeks Stats

Profit/Loss: $ +1,794
Top Gainer: ADA(+$761.46)
Biggest Loser: REC($-41.95)

This Weeks Stats

Profit/Loss: $ +1,606.10
Top Gainer: ADA(+$696)
Biggest Loser: REC($-46.63)

With the markets correcting we could not complain more of a $100 minus in holdings. Cardano continues to be the top gainer with a profit of $696, while Regal Coin continues to lose value and is our biggest loser once again for this week. The investment we made with VeChain last week is doing great with a $34 profit. Rounding up the top 3 is Cardano, Ripple, and Lisk. While at the bottom 3 Raiden Netowork, and Regal Coin are in the red.

That is the recap this week, let us now invest our imaginary $100 once again.

Spending Breakdown

Like last week we will be going all in on with 1 Cryptocurrency.

$100 - Litecoin
0.388455114011576 Litecoin at $257.43

I think Litecoin will boom by next year with the rumors of it being integrated on Facebook it is a great time to buy and invest in Litecoin.

Note: Prices may vary as the portfolio and acquisitions are made ahead of time.

Disclaimer: The investments here in this post is not true. This is just an experiment to see if holding cryptocurrencies are profitable. This is not investment advice. Invest at your own risk do some research first. Invest only money you can afford to lose.

Final Things

Now let us see the portfolio once again after adding Litecoin