Crypto Earnings Altcoin Investment Portfolio (Month #23 August 2022)

avatar

I started a small crypto altcoin portfolio with the intention to use some of my active and passive crypto earnings, reinvesting them in some 'crypto moonshots' (See Original Post). This is the update for August 2022.


Even though getting into altcoins right now is the last thing on my mind, I still like to keep an update on this portfolio which still is in place. I have not added anything but do have some funds on the side to possibly get into some of these and I might increase my stake in some of the ones that I'm holding now at much lower prices compared to where I bought them.

July 2022 Added Coin

The coin I bought some more off last month went down in value by -13% but I'm not so concerned with it as I see it as a gamble moonshot since I like the decentralized Wagerr.com Sportsbook which I'm also using personally. There is a big update planned somewhere in the near future which could get the price and overall activity going but there is no guarantee whatsoever and I honestly don't have much long-term confidence this will really change the world and become big. At current marketcap valuation however, I still see it as a favorable gamble that I'm willing to lose on.


All my buys that are somewhat alive still...


Crypto Earnings Altcoin Investment Portfolio (01/09/2022)


Graveyard

These are the coins I consider dead and I separated them from the original portfolio still counting them as a loss off course. I have no intentions now to add on the positions or get rid of them as they are worth next to nothing anymore. All this is part of the journey and it is to be expected with a strategy like this where the hopefully couple big winners more than make up for everything that turned out to be garbage.


MonthTotal Invested $Total Now $Total Return
September 2020216.16$216.16$-
October 2020357.20$272.25$-23.78%
November 2020357.20$292.21$-18.19%
December 2020560.55$598.48$+6.77%
January 2021796.51$1457.69$+83%
February 20211065.77$2530.42$+137.43%
March 20211392.29$3830.29$+175.11%
April 20211753.86$4317.04$+146.14%
May 20212120.31$3346.46$+57.83%
June 20212684.55$2769.70$+3.17%
July 20212777.55$3111.30$+12.02%
August 20213164.67$5477.79$+73.09%
September 20213434.67$6059.35$+76.42%
October 20214180.82$8369.64$+100.19%
November 20214833.71$9827.73$+103.32%
December 20215231.23$9827.73$+70.49%
January 20225231.23$6223.74$+18.97%
March 20225231.23$5372.00$+2.69%
April 20225231.23$6133.90$+17.26%
May 20225231.23$2318.79$-55.67%
June 20225231.23$1683.47$-67.82%
July 20225374.03$1984.20$-63.08%
August 20225374.03$1913.39$-64.40%
-BuyNow%
Total BTC0,143770260,09666526-32.76%
Total Dollar5374.03$1913.39$-64.40%

I will continue from the sidelines for now fomo somehow kicks which makes me get into something. The one I'm watching closest is GMX but I like to see it go lower again first which probably means it will continue to go up which is how it always tends to go.


Crypto Exchanges that I am using...


Important: By no means take this post and these coins as investment advice. Rather see them as entertainment or motivation to possibly start your own altcoin portfolio growing it over time.


Posted Using LeoFinance Beta



0
0
0.000
2 comments
avatar

The bear market is painful for your portfolio. Everyone is in the same seat right now!

0
0
0.000
avatar

This is more a smaller side project so I'm not really feeling the pain. I'm prepared for things to get a lot worse :-)

0
0
0.000