My Portfolio Day 1
Ok, so with the huge correction in the crypto market over the last 3 weeks, I felt it was time to re-enter and buy some coins I felt were undervalued. Its a small portfolio of $500AU, I'll discuss my reasons for the purchases of each coins and a rundown on some of my thoughts.
Bitcoin:
The original, bitcoins still gold of the crypto scene in my opinion, the mainstream knowledge and acceptability, and its huge market dominance give it a huge leg up. I bought in at 10978$AU and paid about 2.50$ in fee's for a 215$AU chunk of my 500$ at 0.01935106 BTC. As of day 1 its moved up and its at 11261$AU at the time of posting.ETH:
Much like BTC it's a oldie but a goodie I feel it has some room to move up and and its under valued atm, so I bought 100$ worth of ETH at $1066AU. That got me 0.09107302 ETH after the 2.91$ fee's and its moved up to $1136.91AU.Steem:
Don't need to explain this one, it was undervalued in my opinion. I bought it at $4.96116505AU, after fee's of $2.24AU I got 16.66096371 STEEM. This fluctuated alot so I'll be looking to sell off around 8$ its already moved up to $5.39AU.Salt:
Salt is starting to really ramp up in my opinion and although the coin was knocked back real hard with this correction, I feel strongly about its value at about $20AU as its valued bye SALT at $25USD for payment of interest on loans. So the price of $5.85889806AU seemed too good to pass up. Spending the last 100, I paid $2.91AU in fee's and got my 16.57092813 SALT token, its also moved up since yesterday and is at $6.096463AU.Up 5% and sitting at around $510 atm, Enjoy the ride and keep following the rollercoaster. Thanks @twigg
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Coins mentioned in post: