Updates on my crypto investment February 2019
Crypto investment is risky and very volatile but I really believe it’s a good long-term investment. I want a maximum of 10% of my investment portfolio in Crypto, ICO’s, AI and new technology.
My return on investment
Calculations in USD (very volatile):
My return on investment:
- January: Started tracking
- February: -40,97%
- March: -23,60%
- April: +2,19%
- May: +64,14%
- June: -35,64%
- July: -19,78%
- August: -7,25%
- September: -8,20%
- October: -4,83%
- November: +0,87%
- December: -12,07%
My return on investment:
- January: +3,74%
- February: -5,28%
My crypto portfolio
|Money allocation:||Buying date & price:||Selling date & price:|
|INT||27,32%||16/01 18: $0,59||–|
|TRX||0%||29/12 17: $0,035||01/05 18: $0,089 |
14/01 19: $0,024
Profit on average: +15.55%
|ADA||1,80%||02/02 18: $0,37||–|
|OST||3,01%||03/01 18: $0,43||–|
|AST||3,40%||12/01 18: $1,66||–|
|IOTA||3,03%||16/01 18: $3,12||–|
|ETH||23,79%||02/02 18: $844|
29/03 18: $441
20/04 18: $574
01/05 18: $649
04/11 18: $215
|ADB||4,88%||30/01 18: $0,031||–|
|NPXS||0,00%||26/01 18: $2,11||20/04 18: $6,03 |
|TKA||5,21%||14/02 18: $0,50||–|
|ITC||4,17%||10/02 18: $2,49||–|
|NEO||4,38%||12/06 18: $44,66||–|
|FACE||3,35%||07/07 18: $0,037||–|
|BTC||10,32%||21/04 18: $8868|
04/11 18: $6535
Comments on the progress:
The crypto market is still extremely pessimistic (bear market).
2018 was not a good year from an investor’s point of view, but there has been much positive development around crypto. It will be exciting to follow in 2019.
This month I sold all my TRX with a total profit of +15%.
Right now I have 23% of my portfolio in cryptocurrencies. It’s still too much in terms of diversification. I want to have around 10% in the future.
- Binance (Favorite)
The biggest exchanges in the world with high volume.
- Coinbase (Favorite)
Coinbase let you use fiat like EUR or USD to buy cryptocurrencies like Bitcoin, Litecoin or Ethereum. Get 10$ of bitcoin for free if you sign up with the link above.
Get 10% discount on all their trading fees for 12 months if you use the link above.
What is cryptocurrency?
The first one was the Bitcoin and till now it’s the most famous one.
Maybe you have also heard about Ethereum and Ripple, but there is actually many 1000 cryptocurrencies and more to come.
They all have their own use case and target to be a more advanced solution than existing solutions.
- Easy to use – without a middleman
- Fast – real-time
- Cheap transaction cost – almost free
- Extremely secure
- The protocol is open source
Cryptocurrency is an online virtual and digital currency, but it’s also decentralized, an incredibly fast system and works globally.
You don’t need to pay high fees for transferring or receive money/value anymore 😎
You simply cut out the old middleman (the bank, Western Union, MoneyGram etc.) and transfer crypto value to another person directly. The transaction only takes minutes if not seconds in the whole world. It’s amazing!
Cryptocurrencies use cryptography code in a blockchain to secure transactions. The value of cryptocurrencies depends on the demand on exchanges like Binance.
The market of cryptocurrencies and investment opportunities
The whole cryptocurrencies market has grown a lot, but the overall market cap is still very small compared to the stock market.
The investment potentials are therefore extremely good if it continues to grow.
I strongly believe in the blockchain technology and I think it will become a key player in our world in the future.
I see many potentials as an investor and I think there are many early-stage opportunities at the moment.
Just keep in mind that this kind of investment is highly risky.
Its a new asset group with little regulation worldwide and the market have lots of volatility.
The average price for Bitcoin is today:
You can follow prices, the market cap and trends on all cryptocurrencies at the website Coinmarketcap.com. Its a very reliable website and it provide many pieces of information about the market.
Crypto news and market overview
- CoinMarketCap – Crypto Prices and market overview
Get a quick overview of the crypto market. There are more functions on the website.
- Crypto News (My favorite)
This app is really good because it collects news from various resources. Furthermore, there is also an overview of the crypto market.
Here are some really great crypto apps that I use to follow my investment. It’s nice to stay updated on the mobile when I travel.
- Delta – Crypto & ICO Portfolio (My favorite)
This free app is really great to track your portfolio or follow some cryptocurrencies. I use it mostly.
I have only tested it, but many use it. It’s almost the same features as the Delta app.
- Coinbase – Buy Bitcoin & more
This is a good app if you want to use fiat and buy cryptocurrencies.
- Coin Stats – Crypto Portfolio and tracker
Great app to watch your portfolio or follow some specific cryptocurrencies.
Crypto apps with social media
- Telegram Messenger (Real-time chat)
Many cryptocurrencies have a telegram group with admins. They sent out news, updates, answer questions etc. I don’t use it so much unless I need to find some specific information or ask a question.
- Twitter (My favorite)
Great place to follow the trends and news.
I used this, in the beginning, to learn about crypto and Bitcoin, but I only follow a few now.
- Discord (Real-time chat)
It’s almost like Telegram.
Forum & News
A forum that covers all relevant topics about crypto, mining etc.
Website with mostly news, but they also have great information about blockchain, bitcoin etc.
- Cointelegraph (Favorite)
Great websites with the news. They cover many good topics.
News site with an ICO Calender and basic information about cryptocurrencies.
- Reddit Cryptocurrency (Favorite)
Reddit is a really great place to follow trends around crypto and stay updated on the latest news.
I also like the app “CryptoNews“, because they collect news from various resources. Twitter and Telegram are also very good resources to get the latest information about specific projects you like to follow.
Crypto websites with Tools
- Coinmarketcap.com (Favorite)
The website provides many great details about every cryptocurrency and the whole market.
Cryptocurrencies market overview. Easy to navigate.
- Coinscanner.co (Favorite)
It’s a really cool website that uses live data from hundreds of cryptocurrency exchanges to find the best way to buy cryptocurrencies.