Hello Steemit,
welcome to weekly status report 24/2017 for Steem-exclusive PermaCryptoFolio experiment.
Let's have a look at the current Top 30 Crypto Currencies. BTC crashed this week and the majority of altcoins also has lost compared to last friday. IOTA was launched on Bitfinex, but as I only cover Coins that are traded on Poloniex, Bittrex or Kraken, i will currently not add IOTA to NEMO, ARIELLE or FLIPPER portfolio. The winner of the week is Bitshares BTS with a gain of around 80%.
Development of the portfolio values in US Dollar compared to a pure Bitcoin investment (orange line). For better comparability value of ARIELLE portfolio is multiplied by 3.
Development of the portfolio values in Bitcoin compared to a pure Bitcoin investment (orange line). For better comparability value of ARIELLE portfolio is multiplied by 3.
Development of the relative performance of Altcoins since the beginning of the PermaCryptoFolio experiment (September 1st 2016).
The DORY Portfolio
See below the current state of the DORY Portfolio .
Last week we were happy that a partial sell order at $ 2884.91 was filled. I hope that BTC-USD market will crash below 1900 US Dollar, in this case our partial buy order at $1922 will be filled. I have already submitted the next orders for DORY into the Kraken orderbook.
The NEMO Portfolio
See below the current state of the NEMO Portfolio. Bitshares BTS replaced Monero XMR today.
The NEW FLIPPER Portfolio
See below the current state of the NEW FLIPPER Portfolio.
The ARIELLE Portfolio
See below the current state of the ARIELLE Portfolio after todays rebalancing. With the introduction of the new FLIPPER portfolio I've scaled down the size ARIELLE portfolio to one-twelfth of its original size.
Learn more about PermaCryptoFolio
If you are a new reader, please read first the PermaCryptoFolio experiment announcement.
Second follow these links to learn more about the 3 portfolios:
Withdraw all the funds out of the exchanges!
It is strongly recommended to withdraw all funds out of Cryptocurrency exchanges when not needed for trading there.
In the past I have written a series of pictured tutorials HOWTO withdraw
- STEEM
- SBD STEEM DOLLARS
- XMR Monero
- BTC Bitcoin
- ETH Ether
- ETC Ether Classic
- LTC Litecoin
- DASH
- REP Augur
Thank you for reading and have a nice weekend!
Disclaimer
What is your opinion on current skyrocket of Litecoin? How high could it go? The supply is 1/3 rd of BTC roughly
What is your opinion on really oldschool coins like feather, worldcoin, namecoin, peercoin. Will they be forgotten or make a revival?
I never had one of these coins. I doubt that they will have a revival.
Today is an amazing Green cryptocurrency day
yes
Thank you for putting this report together @twinner - it is my understanding that there will soon be hundreds of 'crypto-currencies' (if there isn't already). So apparently it is becoming more and more simple for general Joe Programmer's to create ad infinitum... I am an admitted crypto-dummie (that should have been my name here!) but am I the only one who sees a problem with this? I see the value in Steemit for its social dynamic but not the 180 other crypto's. Like most people, I would never be able coordinate all 3 of my brain cells to compare and contrast any more than 2 of them! Also, why not Beer-Coin, and how can we get that fired up - your thoughts.
There are already 754 Currencies and 125 Assets, see the full list here. https://coinmarketcap.com/all/views/all/
Off course, only one or two dozens of the coins have really an usecase, all others are shit.
meep
Resteemed :-)
Vielen Dank :-)
Sehr gerne mein lieber :-)
Interesting post for me, Thanks 100% upvoted from @chanthasam
WOW Nice Post! Very detailed!
Great info, sharing it on one of my blogs as a comment. Because of this blog I'm following.
Thank you for posting and for your hard work
Heftiger Post !!! Top Infos :)) resteemed 😎
Thank you for resteeming. I believe you will get your bitcoin below $2000 sooner or later.
Irgendwie faszinierend diese Serie und Deine Invests - für mich zwar noch immer böhmische Dörfer aber ich sehe langsam Licht - muss mich damit beschäftigen, denn nicht nur @freiheit50 sagt ja - diversifizieren
Very detailed post. Thank you very much sharing it with the community.
Toller Post. Danke das Du uns an Deinem Wissen teilhaben lässt.
Great info. Thanks
@twinner superb keep on the good work please steam on check out my post if you got time https://steemit.com/introduceyourself/@jimjam1210/hi-im-james-an-introduction-dj-musician-so-glad-to-be-on-steemit
Thank you @twinner ! I wish you a good Sunday!
Great post..great analysis...btw , I am new in crytpo trading ..till now I do not withdraw the fund from the exchange. I keep all the fund on there. what is the reasons behind that you strongly recommended
"Withdraw all the funds out of the exchanges!"..Can't we trust them? if we withdraw , we have to pay the withdraw fee every time . And also,if I am not a wrong, we need to make separate account per coin.
Thank in advance..
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