Crypto Earnings Altcoin Investment Portfolio (Month #14 November 2021)

avatar

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 November 2021.


I still continue to add new coins monthly even though things are getting closer and closer to a point where start taking some profit might be a wise option. especially in case we would get in a crazy altcoin season which is what I'm somewhat hoping for.
The 4 coins that were added last month (See October Report) did perform quite well combined despite buying into the hype and rising prices.
October Price
November Price

Just Thorchain did worse but that is compared to the price at the time making the last article and not the 7.29$ I got to buy it at. Phantasma pretty much tripled in price as the crypto narrative of the moment is still gaming and metaverse.


November Added Coins

My overall earnings continue to grow as compounding interest along with prices going up creates an exponential growth effect. It is all about the grind and consistency looking at the long-term picture and this is working out as planned so far even including the 2018 bear market.

The idea behind Haven Protocol is similar to that of Terra (Luna) where there is a stable coin with the value of a dollar or synthetic assets like BTC can be minted for burning XHV and the other way around meaning the price of XHV goes up as more assets are minted. They on top have a monero-style privacy feature where the owners can create a viewing key in case the government or anyone else needs to have a look at their activity. A while back there was a hack but they continue to build and released the 2.0 version. It is one of those plays that will either go to zero or crazy high making it an asymmetric bet I'm willing to take a calculated gamble on. I want to fomo in after watching the video of CTL Larsson but waited for a pullback instead of buying the top. I did buy 20 XHV on Kucoin at a price of 10.43$ on 29/11/2021 and probably should have waited a bit longer. I might add some of this coin to my main portfolio also. Right now it is hitting a longer-term trend line.


Fantom feels very similar to coins as Solana / Terra / Avalanche / ... that I added to this portfolio after an initial big pump seeing them continue to rise. I have no real clue about any details on this chain but see it mentioned a lot by the same people/influencers that were quite big on those other Smart Contract Platforms which is the only real reason I want just a little bit of it in this 'degen portfolio'. I bought 100 FTM Just now at a price of 2.14$ each


Another hype token that "already pumped" is Render Token which is a Metaverse infrastructure play that is set to render the metaverse in a decentralized way. From what I picked up, their tech is actually solid . I added 40 RNDR to this portfolio at a price of 5.7572$. Render was also indirectly highlighted in an Apple Keynote. It might be one of those cases where the hype dies down and the price goes way down again or a case where this was just an initial pump. I guess time will tell.


All my buys so far...


Crypto Earnings Altcoin Investment Portfolio (03/12/2021)

The cost-averaging strategy buying a bit each month so far works quite well and I'm actually beating BTC on the results. The crypto market remains tricky though and it easily all can come collapsing down or go shooting up to the moon. If enough Sings are there I will start cost-averaging out of many of these coins into something more stable.


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%
-BuyNow%
Total BTC0,128476710,17007575+32.38%
Total Dollar4833.71$9827.73$+103.32%

I'll be back with another update next 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.


Posted Using LeoFinance Beta



0
0
0.000
1 comments
avatar

A great diversity of the assets from your portfolio and transparent presentation of the movements IN or OUT of it. For sure it can inspire others by building up a portfolio with some good options.

Posted Using LeoFinance Beta

0
0
0.000