Hi dear Steemians and Crypto investors,
Last week was crazy when it comes to alt coins so we need to react. Since this is an long term investment portfolio we are not really doing the swing trading, but time to time we need to re-arrange it little or secure some profits. Securing profits doesn't necessarily mean to cash out into fiat or gold. When you are talking about securing some profits from alt coins it can also be done to increase the BTC position, or ETH. The idea is to increase your long term coins holdings and reduce speculative alt coins positions.
Let' s see how the updated Twister's portfolio looks like
and we also have 10 X Vienna Philharmonic 1 Ounce fine gold (999.9)
Here is what we did
sold 10000 XLM
sold 200 EOS
sold 1000 STEEM
sold 3500 XRP
sold 500 ICN
bought 1.4747 BTC
bought 500 SUB
bought 80 SALT
bought 1000 QSP
bought 1000 REQ
Here are the fresh numbers
Starting balance = 48.115 $ / Balance today = 201.525 $
P: 153.410 $ (+319%) not bad for half an year :)
and
10 gold coins (worth of approx. 13.180 $)
What is on the horizon? BTC was accumulating some support around 15k while alt-coins had parabolic runs. Probably the trend will swap at some point, specially if SEC allows ETFs. There are still some big issues regarding scalability, fees and regulations. Probably we will see some technical solutions coming like LN for BTC. In long run the top 10 - 20 coins will most likely continue to grow. Nice example is ETH, although many problems they face, the coin continuous to grow.
Disclaimer: this is not an investing or trading advice, you are fully responsible for your own funds and investments.
Feel free to comment below have you re-arranged your portfolios after alt-coins runs in the last week
I am @twister and I always have an opinion and you will hear it no matter what or who you are :) and no matter if you like it or not!
Thank you for stopping by and wish you all a good week
I only have STEEM.
I'm thinking to buy BURST, Oyster Pearl, GOLEM, Power Ledger and VICE token.
Could be good projects, but do your own research, don't just buy because some youtuber said so or because you see the spike. FOMO is the best way how to lose money. Coins mentioned have some pull back, I'd wait to pull back some more and try to buy the deeps. Good luck.
I will do my own research :)
The best returns have DAA crypto portfolios at Iconomi platform - on average in three months 150-300% - hey - with yours 319% you could be DAA manager too! Iconomi will open for public creating portfolios. I think 1-2 months. Up to now, you need to have about $100.000 in assets for start.
319% + gold that I have already cashed out ;) Well it can turn down next year who knows. Generally if the market like crypto goes up insane, it is difficult to be a bad manager. The real winners are seen in the bear markets. TY for the comment.
Really not bad for a half year time... 🤑
Yes, let's hope to continue this way :)