Crypto Earnings Altcoin Investment Portfolio (Month #22 July 2022)

in LeoFinance2 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 Jule 2022.


I have done quite well not deploying any more capital since January 2022 to this portfolio and I kind of want to see another leg down in prices which might just not come. I did add 1 coin I already owned some of this month and might kickstart things again going forward with this portfolio. I was considered adding some GMX last month which was priced around 18$ but skipped and off course it pumped now being worth nearly 30$ which how these things tend to work.

July 2022 Added Coin

I bought 500 WGR way back in March 2021 paying 64$ for it (0.008$ Price a coin) and added 2500 in August 2021 at a price of 0.037$ as I had good hopes for it to get some adoption and also because I actually use their platform as a sports bettor from time to time. Clearly, the adoption didn't come yet and the price since is down -93.56% & -77.84% while for me fundamentally things have gotten a bit stronger as development kept going with a new release that is supposed to be highly improved in the near future. Not much is needed for these smaller coins to pump or dump and a big capitulation sell order really got the price down to a level where I'm willing to take another gamble on it. I added 17000 WGR paying an average of 0.0084$ a coin (~143$) adding it to this portfolio. My average buy price now is 0.015$. I don't anticipate this platform to change the world or succeed in the long run but I do expect it to attract more users in the short term.

I will be using their Wagerr.com Sportsbook which is up and running during the coming football season also.


All my buys that are somewhat alive still...


Crypto Earnings Altcoin Investment Portfolio (18/07/2022)


Graveyard

These are the coins I consider dead and I separated them from the original portfolio still counting them as a loss off course. I have no intentions now to add on the positions or get rid of them as they are worth next to nothing anymore. All this is part of the journey and it is to be expected with a strategy like this where the hopefully couple big winners more than make up for everything that turned out to be garbage.


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%
March 20211392.29$3830.29$+175.11%
April 20211753.86$4317.04$+146.14%
May 20212120.31$3346.46$+57.83%
June 20212684.55$2769.70$+3.17%
July 20212777.55$3111.30$+12.02%
August 20213164.67$5477.79$+73.09%
September 20213434.67$6059.35$+76.42%
October 20214180.82$8369.64$+100.19%
November 20214833.71$9827.73$+103.32%
December 20215231.23$9827.73$+70.49%
January 20225231.23$6223.74$+18.97%
March 20225231.23$5372.00$+2.69%
April 20225231.23$6133.90$+17.26%
May 20225231.23$2318.79$-55.67%
June 20225231.23$1683.47$-67.82%
July 20225374.03$1984.20$-63.08%
-BuyNow%
Total BTC0,43770260,09907199-31.09%
Total Dollar5374.03$1984.2$-63.08%

I'm hoping things get more interesting again from here on out even though it likely will take a long time to get things back in the green again.


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.


Posted Using LeoFinance Beta