I started a small crypto altcoin portfolio with the intention to use some of my active and passive crypto earnings, reinvesting them in some 'crypto moonshots' (See Original Post). This is the 3rd update.
I do plan to continue growing this portfolio with some small positions on Altcoins. I added Parsiq as I had a buy order on Hotbit I forgot about which got triggered at a price of 0.19$ on November 21st which performed quite well. My main strategy remains to use some of my earnings to buy coins that get featured on multiple youtube channels I follow. The coins themselves need to make some sense to me. I Sold 300k DEC that I earned during a part of last year playing Splinterlands (~258$- and used it to buy some more coins for this portfolio as I'm quite sure this will do a lot better compared to buying into to land sale. I also sold some more SCR which I managed to earn over the years using part of that.
Looking at my existing positions in this portfolio since I got into them, they pretty much all got totally crushed against BTC combined by -57.83%. In dollar values, all combined are up +7.79% which is ok given the fact that I basically started when altcoin season was at its end. I just continue cost-averaging. These are the ones that were added since the last update...
I wanted to buy some Parsiq (currently 0.186$) but the order book on Hotbit is just extremely thin and buying on Uniswap with these small amounts makes no sense because of the fees.
That is what I wrote last time and I'm glad it got triggered since it went up +188% ever since. Parsiq was mentioned by different YouTubers on multiple occasions as a coin that had a lot of potential to do well. It is similar to The Graph and deals with monitoring blockchains.
There is a crazy amount of hype around this new token that for many came out of nowhere and it's referred to as the Google of Blockchain. I bought 150 of them at a price of 0.362$ each.
Another blockchain project that deals around data many seem to like and have confidence in that it will do well. Like many of these coins, I would not be able to properly explain it in detail which makes it well suited for a small position in this portfolio.
UBT is another one making the list. It deals with enterprise adoption and many seem to see a lot of potential in it. It is ranke 128 on Coinmarketcap with value of 67M on the circulating supply.
Total Buys so far look like this
Crypto Earnings Altcoin Investment Portfolio (01/01/2021)
| Coin | Amount | Price USD | Price BTC | Total |
|---|---|---|---|---|
| Polkadot (DOT) | 15 | 8.33$ | 0.00028496 | 124.95$ |
| Energy Web Token (EWT) | 10 | 6.34$ | 0.00021714 | 63.4$ |
| Utrust (UTK) | 300 | 0.1217$ | 0.00004160 | 36.52$ |
| OriginTrail (TRAC) | 250 | 0.1498$ | 0.00000512 | 37.46$ |
| Selfkey (KEY) | 6500 | 0.00230$ | 0.00000008 | 14.66$ |
| xDai (STAKE) | 5 | 7.98$ | 0.00027275 | 39.90$ |
| Parsiq (PRQ) | 250 | 0.5069$ | 0.0001733 | 126.73$ |
| The Graph (GRT) | 150 | 0.3620$ | 0.0001234 | 54.3$ |
| Ocean Protocol (OCEAN) | 160 | 0.341$ | 0.0001172 | 54.56$ |
| Unibright (UBT) | 100 | 0.45$ | 0.0001572 | 46$ |
| - | - | - | - | 598.48$ |
I am currently looking into some of the Polkadot platform coins and will likely be making some buy orders (Chainx, Phala Network) hoping they get triggered.
| Month | Total Invested $ | Total Now $ | Total Return |
|---|---|---|---|
| September | 216.16$ | 216.16$ | - |
| October | 357.20$ | 272.25$ | -23.78% |
| November | 357.20$ | 292.21$ | -18.19% |
| December | 560.55$ | 598.48$ | +6.77% |
The drop in value vs BTC got reduced because of the coins that I added today.
| - | Buy | Now | % |
|---|---|---|---|
| Total BTC | 0,04101646 | 0,03172025 | -22.66% |
| Total Dollar | $560.55 | $598.48$ | +6.77% |
Crypto Exchanges that I am using...
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Important: By no means take this post and these coins as investment advice. Rather see these posts as entertainment or motivation to possibly start your own altcoin portfolio.
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