Portfolio update: week 21 2018

Week 21 already. The weather here is nice and time if flying. To bad that the crypto markets are suffering from a small set back!
Let's see how my portfolio performed and changed during the past week!

Overall!

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Although I did invested some fresh fiat money into my portfolio and did make some changes, we can see that the portfolio lost some ground for the second week in a row!
A decline of around 4 to 5%.
I also withdraw some earlier investments back from the market and have converted it again into fiat!
I still have some dry powder to invest, but it has to stop somewhere!

Newcomers and leavers

Based on the feedback from lots of you, I had to agree with most of you, that while I diverse portfolio is good, it was to diverse in my case.
That why I did sell a coin with a loss and strengthened my position in some of the coins I already had!

Leaver

Lets start with the brave decision I took. Reddcoin was one of the first coins I purchased. The reason was that I could but lots of them with only a small investment.
I would never have bought them these days. But a decision taken in the past, was taken with the knowledge of the past and the decision can look strange with the knowledge we have now.
Still, I ditched them with an overall loss of -16,88%. But I do guess that the money will raise faster by investing it into others coins!

Newcomers

Steem

Like I wrote in my post of yesterday, sometimes the most obvious decision is hidden in plain sight.
So, I did invested some fresh money into Steem. I'm still not adding the earned Steem to my portfolio because this blurs the view. I will only add, the free earned Steem at the first portfolio of the month!

NEO

Well good old NEO. I did purchase my first Neo at 106 Euro. Never envisioned that I could buy them at a price close to 50Euro But I did, multiple times in the past months.
The average book price has been brought back to a healthy 68,09 euro. With the current prices, I could still bring down the average book price, but enough is enough!

Neblio

Another Blockchain investment. Also did strengthen my position into this one!
It currently stands at number 117 on the coinmarket ranking. Still way below where it should be. It should easily become a top 50 coin. But we will have to wait for some serious marketing.
The first Neblio was purchased at 35 Euro. Yep, that high! Now it stand on 8,40 euro. So it should be able to increase a lot! The average book price is has now in my portfolio is 11,83 Euros. Which is a lot healthier than if I wouldn't have strengthen my position!

Oyster Shell

I did not purchase them, but I did get them from the airdrop by holding Pearls. I did wait in the final moment to withdraw them from Kucoin, waiting on an announcement that it would be listed or not!
It was a good decision, cause for the moment it is the only exchange where it you can trade it!
Still now idea what I am going to do with these. I guess I will let them ride, because it is free money!

Shares

While the chart has undergo a little bit of an adjustement. @cryptotem advised me, not the make the number of coins I do hold publicly! I do have to agree with him! So from now on, I would not give an insight on the number of coins anymore.
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Last week the top 3 was as follows:

  • KCS - 14,91%
  • NEO - 13,6%
  • NEBL - 12,89%

This week is looks like this:

  • KCS - 16%
  • NEO - 15,34%
  • Steem - 13,18%

For the first time, Steem entered the top 3. If I would have added all the earned steem to the portfolio, I would probably on number 2, maybe even taking the top spot!
Surprised that NEO did not surpass KCS, because the position in NEO was strengthened and KCS was untouched!

Winners and Losers!

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Only losers in the past week :(
Neblio took the hardest dive with a decrease of 23,85%. KCS once again was holding firmly and recorded only a loss of 0,2%.

Next week

I have no plans for any new investments. Some coins will be swapped if they write green figures. The one I am looking to ditch first in SportyCo. While I do like the idea, I just don't have enough to invest in some kind of sport career! So, it is better to let it go and invest the money into more promising projects!
Well I have no clue in which way the market will evolve this week. If I take a look at the winners and losers table, I do expect a more sideways week!

What do you think will happen this week?

Keep the faith,
Peter

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I don't like Bitcoin movement lately. Looks like we gonna drop more in USD price...

Indeed it looks like the bears have entered the market again. To bad for us this happened before we had a nice bull run!
So it is time to find some bargains I guess!

Upvoted ($0.20) and resteemed by @investorsclub

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I think we're in for another sideways week. Pretty much sums up most of this year lol.

But it appears that all profit made within in year is mostly made in 3 or 4 weeks. So we can still have hope. We just need to hope that the bulls enter the market before the bears do!

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