New investments:
- Monaco (MCO):
Quantity Bought: 11.01 @ the CMP of 0.001129 BTC
Reasons for investments
a) Ranked 136 on coinmarketcap.com. I select coins ranked between 100 and 300
b) Total supply of 31,587,682 coins and current market price of $ 15.73. So there is potential for upside if the coin got mainstream attention.
c) Oversold according to technical indicators.
c) Business model is sustainable. Monaco offers debit cards and multi cryptocurrency wallets with discounts on both purchase and spending with crypto. Website is neatly built and fast to load. I am not too ambitious on this one but lets see where it goes from here considering the increase in demand of both crypto debit cards and Multi currency wallets.
https://www.mona.co/
MOONfolio update:
Total investment value: $ 512.45
- Metalcoin (MTL): $ 107.82 (-14.7%)
- Groestlcoin (GRS): $ 107.08 (-14.11%)
- Cloakcoin (CLOAK): $ 133.08 (+4.98%)
- Monaco (MCO): $ 164.47