It looks like Altseason is back which means this little portfolio where I reinvest some crypto earnings in a lot of different altcoins performed quite well in the past month.
I only bought 1 coin last report increasing my existing position and it only slightly increased in value by now.
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August Added Coins
Similar to Solana & Terra a couple of months ago getting in after the pump (which turned out not to be such a bad deal), I now bought 2 more coins that 'already pumped' that I had in mind for a long time mostly just seeing the prices go up an up an up to only now get into them hoping the most recent pump was not the top.
FTX is said to be the new Binance with especially institutional investors using their platform as I have seen a lot of praise from some of the big players. (who are probably aslo invested and shilling it). For all the use-cases of the FTT token, see https://ftx.com/ftt. I ended up buying FTT for 69.44$ (3)
Arweave is another one I have been wanting to add for a long time and the way it often goes, the pump happens and Fomo kicks in making me get in rather late. The good thing about this portfolio is that it's small allowing me to give in to fomo like this without running the risk to ever being punished for it. I ended up buying Arweave for 59.60 (3)
All buys so far...
Crypto Earnings Altcoin Investment Portfolio (05/08/2021)
I'm back to beating BTC on this portfolio getting closer to the goal of having the total value reaching 10.000 $
| Month | Total Invested $ | Total Now $ | Total Return | |
|---|---|---|---|---|
| September 2020 | 216.16$ | 216.16$ | - | |
| October 2020 | 357.20$ | 272.25$ | -23.78% | |
| November 2020 | 357.20$ | 292.21$ | -18.19% | |
| December 2020 | 560.55$ | 598.48$ | +6.77% | |
| January 2021 | 796.51$ | 1457.69$ | +83% | |
| February 2021 | 1065.77$ | 2530.42$ | +137.43% | |
| March 2021 | 1392.29$ | 3830.29$ | +175.11% | |
| April 2021 | 1753.86$ | 4317.04$ | +146.14% | |
| May 2021 | 2120.31$ | 3346.46$ | +57.83% | |
| June 2021 | 2684.55$ | 2769.70$ | +3.17% | |
| July 2021 | 2777.55$ | 3111.30$ | +12.02% | |
| August 2021 | 3164.67$ | 5477.79$ | +73.09% |
| - | Buy | Now | % |
|---|---|---|---|
| Total BTC | 0,0985136 | 0,10725032 | +8.87% |
| Total Dollar | 3164.67$ | 5477.79$ | +73.09% |
Next month will mark a full year of cost-averaging these altcoins.
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 them as entertainment or motivation to possibly start your own altcoin portfolio growing it over time.
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