My Crypto Portfolio Blog #5
Hey Everyone,
This is my 5th blog with regards to my crypto portfolio and here are my current holdings:
| Coin | % (01/06/2018) | % (01/13/2018) |
|---|---|---|
| ETH | 11.3% | 0% |
| XRP | 35.2% | 39.2% |
| ADA | 24.0% | 26.9% |
| VEN | 5.2% | 8.9% |
| ICX | 3.4% | 5.6% |
| SUB | 5.7% | 6.7% |
| ICN | 0.6% | 0.7% |
| XRB | 0% | 2.0% |
| BAT | 1.8% | 0% |
| TRX | 8.4% | 10% |
What's changed?
What a week it's been for crypto markets, and as some of you have noticed, not exactly the week we all wanted. However the market was due for a slight correction even though most of the correction was due to market fear. First there was the Coinmarketcap fiasco, then came the reports that South Korea was banning trading of crypto. Overall not a good week for cryptos and while we are seeing some slight recovery. The coins I'm holding at least did not do too well.
I made some bad trades, during the initial coinmarketcap delisting korean exchange fiasco, I thought I would be able to quickly capitalize on some quick gains by trading my ETH to XRP and ADA tokens. I was not prepared for the fact that the crypto markets were only beginning to enter a downtrend as well as more bad news throughout the week. In which case I am stuck with some extra XRP, ADA, and TRX tokens bought at least at a premium from where they are now. Meanwhile ETH has risen quite a bit making me double regret my decision. A mistake that I will be more wary of in the future.
Purchased some XRB as a preparation that it will enter Binance, hoping to maybe take a quick profit. However I also slightly regret this decision as WTC one of the coins I was looking at previously last week has taken off which was what I was thinking.
Good to see a somewhat market recovery and some good news from some of the coins I'm holding like XRP. Hoping they will announce their other two partnerships as well, I'm still quite bullish on XRP considering that they are to me one of the most well funded, have one of the strongest team, as well as closest to having an actual product on the market in comparison to some of the other coins out there.
NEW CRYPTO PICKS WITH +1000% PROFIT POTENTIAL!
https://steemit.com/cryptocurrency/@cryptosee/new-cryptos-with-huge-profit-potential
will check this out
Looks like a good mix. Here's hoping that overweight on ADA works out for you in the long run.
Thanks , there is a bit of weight with respects to ADA but I believe relatively strongly in the long term of the project and have been lucky to get in on them earlier last year. Any coins not on my portfolio you believe in the long term as well?
It's a bit speculative, but I've been tracking Walton (WTC). They basically want to track goods using a blockchain. The token they're chasing is VeChain (VEN). So the upside potential is there, the only question is if they can deliver and carve off their piece of the market share.
Walton ended being a pretty good bet and was one of the coins i was tracking in my earlier blogs as well. However i didnt pull the trigger , I'm glad you did though. I figured I already had VEN on my current portfolio so I had some exposure in that realm.