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RE: Twister's crypto portfolio #7 We did some changes in our portfolio

in #bitcoin7 years ago (edited)

Well, of course higher. On day one price for a BTC was 4.617 $. Our initial deposit was 48.115 $. It means we could buy 10.421 BTC. Today's 10.421 BTC is at the moment worth of 101.044 $ (9.696 $ per BTC second CoinmarketCap)

Means holding just BTC with its incredible run would have made approx. 110%.

This is one side of the story, but I am a big believer into diversification. When I've started with the Twister's portfolio many of alt coins have been on ATH positions and nobody really expected that BTC in following months will eat all the market and gain so much. However, this is a long term portfolio and so the growth of 35% in couple of months with a great potential is not so bad. Also we have nice hedge on BTC and if the future should be in a favour of some other projects comparing to BTC we will get a piece of that growth. For me investing is not gambling and so my portfolio is not based only on one coin. Thanks for coming by.

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hmmm...USDT is not a good option I think...I read at many forums that company behind USDT has no cover for huge amount of USDT...

Yes u are right but... that is an example...u can just move BTC or LTC to Bitstamp and change it into fiat... to feel safer. Depends on the amount and the situation I guess. But for now still although all the fud about Tether I think it is still safe, didnt they hardfork it and get the hacked money back? But definitively agree with you, any decent amount should be better kept in fiat rather than USDT

at Bitstamp I have only BTC right now... I miss the height to change in fiat...so I hodl and wait next month to buy more... all other cryptos I have in two Iconomi funds Blockchain.Index (BLT) and Carus-ar (CAR) and some tokens in MEW.

How are BLT and CAR doing, do they beat the market average(top30 or so)? What about the fees?