Week 4 Update
Extremely brutal week in crypto! I've decided to throw in a little curveball, going forward I'll be adding in my own cash into the Active Investor account. SBD payouts have been a little on the low side, to keep us oiled and moving along I'll be contributing weekly.
Average Joe 16 Portfolio
- Most coins found on the BC30 Index
- One time deposit of $400 *ended up being $382
- No additional funds
- If a fork occurs the coin stays
- If a coin is to delist I may sell and rebuy an existing coin
Active 40 Portfolio
- Can only purchase existing coins
- Purchases will be made to cost average
- Only adding capital from SBD payouts
- If a fork occurs the coin stays
- If a coin is to delist I may sell and rebuy an existing coin
- Binance coins will have a higher investment due to the minimum trade requirements
My Own Money vs Steemit
This is not financial advice and should ONLY be used solely for entertainment/comedic purposes. The reason I ask for your help is because this is going to heavily rely on the feedback from the community. I've read countless articles about how to earn "STEEM" and "SBD" but I want to return that money back into the community in the form of ALT coin purchases and me tracking that throughout the year.
Interesting results so far. All the assets in the space are trading very correlate to each other and most following the big players in the space. I think this will continue in the short run as more investors come into the space. The big guys will lead the market forward then the smaller cap names will follow. As projects get vetted and implemented, those will outperform in the longer run.