Portfolio update: week 14 2018
Already week 14 and not real signs of recovery of the crypto market.
Overall
It looks like the portfolio went side ways, but it isn't really the case. I did invest some extra fiat money it. It is still a good time to buy extra coins! The bitcoin misery index indicates that it is a good time to but! No let me rephrase that, it is a great time to buy. Lots of people are still claiming that Bitcoin will rise back to the 20K mark and even could break that record.
So, if you were buying in December of last year or the other months of this year, why don't you buy now! The technology is still the same! Mass adoption still has to start! If you do believe in a coin, then just go for it!
Newcomers
Like written above, I did invest some extra cash. Not a lot but still I did.
Let's see how I did spend it!
NEO
The first time I did buy NEO was at the 9th of January, the price back then was a whopping 103 euros.
I do believe in it! It's backed by the Chinese government, they are currently doing a lot of roadshows and hackathons in Europe and they do give some dividend back in the form of GAS! And look around your house, how many things are made in China?
I always dreamed of having at least 10 NEOs. Due to the current market situation, is was possible.
I did add 2 extra NEOs to the portfolio and maybe will be buying some more in the current week.
The average book price I now have is 71,51 euro.
NEBLIO
2 other blockchain platforms I did also find interesting. After completing my 100 Stratis it was time to focus on Neblio. Before this week I did only had 25 shares. In the past week I added 5 more and planning the buy some more. Just like with Stratis my goal has been set on 100 NEBLs.
The average book price at the moment is: 13,23 euro. So, I would like to see it, going back to it all time high of a little above 51 euro.
STEEM
Of course, by being active on the Steem blockchain, you get rewarded with, correct Steem. I was capable of adding 14.481 Steem to the portfolio. At this pace, Steem will be the share leader of my portfolio at the end of the year. But I did had a slow start last week, so I will be glad if I can add 10 more Steem next week.
Kucoin Shares
@cicbar, sorry I did not invest extra into it. :)
Winners and Losers
2 coins ended the 7 day stretch with green figures. Yep, I am surprised myself.
These were Elixir, which added 3,6%, and (o man @cicbar you are going to like it) KCS, which did jump 0,79%.
All the other coins are red for the past 7 days.
The biggest loss was for Stellar, with a decrease of 14,54%, followed closely by Monetha (-11,68%), SportyCo (-11,14%), Steem (-11,21%) and VibeHub (-10,82%). All other coins are withing the single red figures.
share
Last week the top 3 in share % were:
- KCS with 16,99%
- NEO with 16,66%
- STRATIS with 15,55%
- STEEM with 5,09%
This have changed a little bit:
The top 3 after week 14
- NEO with 19,55%
- KCS with 16,99%
- STRATIS with 13,91%
- STEEM with 5,51%
Next week
There are some sign of improvement, but I still do expect a more side ways week.
I will watch my coins closely and maybe will decide to buy more Snovio, NEO, NEBLIO and maybe KCS.
How is your portfolio holding?
Are you also trying to buy the dip?
Any coins which are really missing in my portfolio!
Keep the faith,
Peter
Great update. Thanks for sharing again :-)
Currently I am selling some of my smaller positions. I will do an update next week as well!
All my coins are in red right now, so selling has no use. The value of most of the smaller holdings have become dust, so no use in selling these :(
Well, I think it can still be interesting to sell when I think one is going to outperform the other. So let's say I have 4 small positions all in red, I prefer to sell 3 and create 1 bigger position of the fourth if I think that is going to outperform the others. Saves me space of brain + potentially better recovery ;-)
Valid point in that reply. I do have 2 or maybe 3, in which in regret to have invested in, these are reddcoin, digibyte and maybe Monetha! The other all still have a good business case! Difficult decisions!
I know the feeling ;-) I just sold VRM and Ubiq, with a big loss. I still think they are good projects, but I need a bit more Neo for the NEX ico.
NEO is struggling because of ONT hype. I know lot of people who sold NEO for ONT but all of them say that they will buy back NEO when they close profit from ONT. Obviously you should buy more KCS because it is one of your two 7 day gainers :-)
Cannot really relate that NEO is struggling from the ONT Hype. Do you mean that people just bougth NEO to get some ONT airdrop and that they are now waiting to sell ONT with a profit and them investing again into NEO?
Could not put it out that KCS had green figures. I do know your viewpoint on the ROI aspect of it. I just hope that by selling half my KCS I will have the other half for free and from then on, it will just have a great ROI :) Average book price of KCS in my portfolio is 4,21 euro. So, if it can climb back to 9, half of them will be sold and cashed out. O man, dreams!!!!
Most of people that I know have sold NEO to buy ONT with logic that they have similar usability and team behind and ONT is better. That is not true but hype is hype... I had info but I have missed rise...
I did get some ont by holding Neo!
We will have to wait how the complete market evolves! At the moment everything is still tangled with bitcoin!
In the morning we will know if we have won at Golf niche auction...
Curious about it!
Congratulations for becoming Golf niche moderator :)
Looking forward to it!
Let's rock!
Agree. My time frame is at least 5 years to market becomes less volatile and less dependent from Bitcoin...
I thought I was buying the dip about three weeks ago so...not investing anymore. I do think though that after mid May we will see another bull rally in the market.
Lets hope it does!
Still trying to bring down my average book price!
For almost each coin I do have a desired amount of share to reach. So trying each minth to get closer. We are almost there!
My only skepticism with neo is the fact that it can't be divided. How high can the price really go when it can't be split?
I can understand this. But I don't know if it could be a problem. The transaction on the NEO blockchain are/should be paid with GAS, which is divisible.
I do see NEO only as an investment coin, it will be never be used like BTC or ETH, that's way I don't foresee a problem with it.
The biggest enemy of NEO could be the trade war between China and the United states. And the fact that it is not really decentralized.
this is the only dip I'm buying right now
:) we need to keep faith!
Only investing small amount of fiat money and only the money I can afford to loose!
I do find it stupid to state: the money I can comfortably loosing. Because I do hate loosing!
I must admit I've never liked that expression "money I can afford to lose".
When people say it, it sounds like they don't value that money properly, I can't afford to lose any money for any reason ! lol. I know what you mean though.
want to know the pie chart made by what?
I did create an own portfolio in excel. I know that there are lots of tools and sites which offer this service, but by creating it myself I have all the freedom I need/want.
So also the pie chart, is created in excel!
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