Hello Steemit,
today I want to introduce the ARIELLE portfolio, an Addition to PermaCryptoFolio's FLIPPER Portfolio to cover the Alt-Coins and Assets on Ranks #10 to #25 on CoinMarketCap.com.
When I started 7 months ago with the PermaCryptoFolio experiment, the Coin Ranking List contained only 12 Coins and Assets with an Market Capitalization over 25 Million US Dollar. Today we have around 30 Coins and Assets above this benchmark.
I startet FLIPPER portfolio to cover Bitcoin and the Top-8 Altcoins & Assets - find below the current state of the experiment. As you see above there are a lot of promising new Coins and Assets where PermaCryptoFolio is not invested yet.
That's why I start the ARIELLE portfolio now. ARIELLE will cover the all Altcoins and Assets from rank #10 down to rank #25.
In FLIPPER portfolio the initial investment was 0.5 BTC per Altcoin or Asset. In ARIELLE I split the 16 Coins into 4 groups:
- 40% of the total ARIELLE investment will be invested into Coins/Assets on ranks #10 to #13 (= 0.4 BTC per Coin)
- 30% of the total ARIELLE investment will be invested into Coins/Assets on ranks #14 to #17 (= 0.3 BTC per Coin)
- 20% of the total ARIELLE investment will be invested into Coins/Assets on ranks #18 to #21 (= 0.2 BTC per Coin)
- 10% of the total ARIELLE investment will be invested into Coins/Assets on ranks #22 to #25 (= 0.1 BTC per Coin)
Find below the Initial Setup of ARIELLE portfolio.
Notes
- ARIELLE does not invest in TETHER because it is an US-Dollar pegged token and FLIPPER portfolio already invested in TETHER. Instead ARIELLE added LISK (yesterday on Rank#26)
- ARIELLE only invests in Coins that are tradeable on Kraken, Poloniex or Bittrex. That's why no position in BitConnect was bought, instead ARIELLE kept the BTC
- The Initial Setup of ARIELLE has the same size as the Altcoin portion in FLIPPER Porfolio for better performance comparison.
Rebalancing Rules
- ARIELLE portfolio will be rebalanced weekly (usually on Friday)
- In case FLIPPER portfolio is replacing a coin, the coin sold by FLIPPER portfolio will move to ARIELLE portfolio and the coin bought by FLIPPER portfolio will be moved from ARIELLE to FLIPPER
- In case FLIPPER portfolio triggers a full Rebalancing, it has no effect on ARIELLE portfolio.
Thank you for reading!
Disclaimer
Great addition, will be exciting to see wheter ARIELLE will outperform the others. I would speculate that it won´t, but let´s see.
What is your recommendation regarding securing the coins form ARIELLE. Splitting them to several exchanges or using wallets for all of those?
Resteemed!
Thank you @shaka. If a lite wallet is available, I would use it to withdraw the coins. But to be honest, for most coins I have no clue how it will work.
I wish we had talked about your portfolio strategy in Munich! Very neat.
Think you need to explain that to me on our next Steemit MeetUp @twinner
I will try my best :-)
I am sure you will, thanks already in advance
Interesting. Resteemed :-)
Danke Dir!
Sehr gerne :-)
great work! :)
Thank you @mars9
it's my pleasure