Hello Steemit,
in my post from yesterday I announced the 3 different portfolios "DORY", "NEMO" and "FLIPPER". I assume that you are a little bit confused by this, that's why I want to introduce the DORY depot in detail in this post.
We all know our "Dory". She likes it simple, and the DORY depot is very simple. Maybe you do not have read the rules for the PermaCryptoFolio-experiment in detail, so I will breakdown it for the DORY depot now.
Rules for DORY depot
- DORY depot will invest 50% in Bitcoin and 50% in US Dollar.
- Rebalancing of the DORY depot will happen if the value of one proportion (Bitcoin or US-Dollar) exceeds 60% of the total value of DORY depot.
- Initial investment is 1 Bitcoin.
- DORY depot is traded on Kraken exchange.
- This experiment starts on 1st of september 2016.
That's all!
Let's connect
If you want to get updates about this project, and you are already on twitter, facebook or google+, please follow one of the hyperlinks.
| Media | Link |
|---|---|
| https://twitter.com/PermaCryptFolio | |
| https://www.facebook.com/perma.cryptofolio | |
| google+ | https://plus.google.com/u/0/117852408743580495329 |
| steemit | https://steemit.com/@twinner |
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Disclaimer
The author is already invested in all of the cryptocurrencies mentioned in this article. Nothing on this posting is to be taken as trading advice. Everything on this article is for educational purposes only. Trading cryptocurrencies carries a high level of risk, and may not be suitable for all investors. Read the full disclaimer in the comment section.
Disclaimer
The author is already invested in all of the cryptocurrencies mentioned in this article.
NOTHING ON THIS POSTING IS TO BE TAKEN AS TRADING ADVICE.
Everything on this article, including but not limited to: suggested trades, trade setups, and posting of "real-time" trades of cryptocurrencies by the author is for educational purposes only. This article is not an investment advice nor should it be construed as such. I strive for accuracy of charts and information, but make no guarantee of such.
By accessing any information on this post, you acknowledge you have read, understand, and agree to this disclaimer. Past performance of any cryptocurrency, trading system or methodology is not indicative of future results. The contents of this article is neither a solicitation nor an offer to Buy/Sell any cryptocurrencies.
Trading cryptocurrencies carries a high level of risk, and may not be suitable for all investors. Before deciding to trade you should carefully consider your investment objectives, level of experience, and risk appetite. The possibility exists that you could sustain a loss of some or all of your initial investment and therefore you should not invest money that you cannot afford to lose.
I do not and have not received any compensation from any cryptocurrency or cryptocurrency exchange that appears in this article.
Its risky to store cryptocurrencies long-term on a cryptocurrency exchanges. In case of a hack or in case of the bankrupty of a cryptocurrency exchange you can lose a part or in worst case your total cryptocurrencies investment. Whenever possible, withdraw immediately your cryptocurrencies from an exchange to your cold storage wallet (your keys = your coins, not your keys = not your coins).
There may be tax consequences for profits or losses on cryptocurrencies trades. Please consult your local tax advisor for details on this if applicable.