Crypto Earnings Altcoin Investment Portfolio (#5 February 2021)

in LeoFinance4 years ago

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 update for February 2021.


I found somewhat of a routine for these keeping an eye on potential tokens to add making a monthly report with the ones I added while updating the prices and the overall portfolio of the ones that are in there. So far I'm just hodling everything since we are still in a bull market but I will have to make a plan on how and where to possibly take profit or a loss. This is how the coins I added in the January Update performed...

I'm glad I held on to the 285 BAT (200$+ now) that I earned on Publish0x as the price more than doubled in a month after some good news. It also comes to show that relatively low earnings from blogging have the potential to really add up over time. Especially when you enjoy the process of writing and have something to write about that actually has a purpose it's all more than worth it. META was a pure fomo-buy based on youtube shilling leaving me to buy at a premium price. iExec RLS has done pretty well even though it lost versus BTC


February Added Coins

I'm really linking Hotbit as an exchange to get some of these obscure altcoins that otherwise mostly are listed on Uniswap making it impossible for these tiny 50$-100$ purchases. The volume and liquidity there is pretty bad so you most of the time will have to pay a prenium and the withdraw fees are high so I just keep the coins on the exchange. The hype narrative these days are NFTs which I'm kind of mixed on. Most of it feels like a retarded bubble where everyone turned into a digital artist and art collector with crazy prices being paid for worthless jpegs. Yet I can see it becoming bigger which makes it good to add to this portfolio to at least have a little bit of exposure

This is another one I kind of Fomo-bought the top. There has been quite some talk about potential partnerships with Coca-Cola and Alibaba so I figured I might as well take a small gamble on this supply chain project. I first bought some around a 2.70$ price and added some today at 1.68$ after classic pump-dump-sideways action which might indicate it's gearing up again.


Whale is my first exposure to NFTs. Many likely will get burned trying to buy cheap digital art from 'artists' that just get in the space to get some cash while the really rare pieces likely will end up keeping their value or increasing similar to the 'real art' world. From what I understand whale.me is a crypto that is backed by NFT art that is selected by a team that 'knows what they are doing' allowing small guys to indirectly own a part of the more expensive NFTs. I wanted to buy this earlier but as it always goes, a pump is most of the time needed to get some fomo and buy the top which I assume I did yesterday.


This is my second NFT play to get a little bit of exposure to the space. app.rarible.com is the marketplace many people are using to buy and sell 'digital art' these days. Looking at the number of users and transactions, it has shown a lot of growth recently. I honestly don't really know what the Rari token does but I bought a little bit at 23.70$ anyway yesterday.


Total Buys so far since I started to reinvest some crypto earnings into this altcoin portfolio...


Crypto Earnings Altcoin Investment Portfolio (04/03/2021)

CoinAmountPrice USDPrice BTCTotal
Polkadot (DOT)1536.15$0.00073380542.25$
Energy Web Token (EWT)1016.17$0.00032870161.70$
Utrust (UTK)3000.3426$0.00000697102.78$
xDai (STAKE)522.14$0.00044960110.70$
OriginTrail (TRAC)2500.4425$0.00000899110.63$
Selfkey (KEY)65000.0076$0.0000001549.34$
Parsiq (PRQ)2501.15$0.0002338287.50$
The Graph (GRT)1501.90$0.0003863285.00$
Ocean Protocol (OCEAN)1601.07$0.0002170171.20$
Unibright (UBT)1001.31$0.00002659131.00$
Meta (MTA)202.26$0.0000458845.20$
iExex RLC (RLC)601.66$0.0000339199.60$
Basic Attention Token (BAT)2850.7367$0.00001494209.96$
Morpheus(MRPH)501.590$0.0000321879.50$
Whale (WHALE)2.529.02$0.0005888072.55$
Rarible (RARI)323.84$0.000483871.52$
Total---2530.42$

The Portfolio continues to see increased values especially from some of the higher cap projects I got into (DOT & The Graph). I'm looking forward to what is still to come this year ad will continue building adding more coins using some of the crypto earnings I'm making. The goal is to get this portfolio up to 10k over time.


The drop in value vs BTC got reduced because of the coins that I added today.

MonthTotal Invested $Total Now $Total Return
September 2020216.16$216.16$-
October 2020357.20$272.25$-23.78%
November 2020357.20$292.21$-18.19%
December 2020560.55$598.48$+6.77%
January 2021796.51$1457.69$+83%
February 20211065.77$2530.42$+137.43%
-BuyNow%
Total BTC0,053293920,05139175-3.57%
Total Dollar$1065.77$2530.42$+137.43%

I'm still slightly down versus the BTC value which is not all too bad knowing I started buying right at the top of the previous altcoin season. If anything, it shows that even with the worst possible timing often buying based on pure doesn't matter all too much when cost-average-buying a little bit each month.


Crypto Exchanges that I am using...


Important: By no means take this post and these coins as investment advice. Rather see them as entertainment or motivation to possibly start your own altcoin portfolio growing it over time.


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