๐ฐ๐ My Strategic Cryptocurrency Portfolio - Update #5 - Developments & Changes in Investments ๐๐ฐ
Hello fellow blockchain & crypto enthusiast!
It has been a long time since I did an update on my strategic cryptocurrency portfolio. This time, I also included the changes in the short-term segment of my portfolio.
I hope you enjoy these updates and you find them to be valuable. The main goal of these updates is to spark a discussion in the comments on what might be the ideal cryptocurrency distribution within a strategic portfolio. So definitely share your thoughts with me and others :-)
Current distribution long-term segment
The cryptocurrencies below make up at least 70% of all the coins that I hold at the moment of writing. They are the โCoreโ segment of my portfolio as described in my post about the 70% Core / 30% Play Money approach to crypto investing.
Changes in the long-term segment (Core) since last update
I still hold the same eight cryptocurrencies in my long-term portfolio, with some slight changes in their respective weights. BTC is dominant with 24%, and combined with WAVES and ETH makes up 62% of my long-term segment.
| Name | Symbol | Current | Change (ฮ) |
|---|---|---|---|
| Bitcoin | BTC | 24% | +4% |
| Waves | WAVES | 20% | 0% |
| Ethereum | ETH | 18% | +2% |
| Neo | NEO | 10% | 0% |
| Ripple | XRP | 8% | -2% |
| Stratis | STRAT | 8% | 0% |
| Steem | STEEM | 6% | -4% |
| Monero | XMR | 6% | 0% |
Personally I am very curious what is going to happen with BTC in relation to the top 10-100 altcoins during and shortly after the 25th of October. It could go multiple ways in my opinion.
Changes in the short-term segment (Play Money) since last update
- Sold LBRY Credits (LBC)
- Bought Melon (MLN)
- Sold NXT (NXT)
- Bought Status (SNT)
- Sold Status (SNT)
- Bought Civic (CVC)
- Bought Wagerr (WGR)
---> ๐๐ผ Follow me for regular updates on my cryptocurrency portfolio, recent crypto purchases, crypto research or just some Dice Challenges to train your brain ;-)
---> ๐๐ผ More on my 70% Core / 30% Play Money Portfolio Approach
---> ๐๐ผ Resteems and Upvotes are appreciated!
Disclaimer: I am not a financial advisor, trader or developer. I am just a blockchain & cryptocurrencies enthusiast. Make sure you do your own research, draw your own conclusions and do not invest any money that you cannot afford to lose.
Time to top up on your Steem:)!
There are some interesting things coming, maybe I will ;-)
I think the altcoins will be still falling (or not growing) around the ongoing forks (Gold, Segwit2x).
That could definitely happen. So I guess you sold some altcoins and moved that money into Bitcoin?
I am hodler. I have some altcoins but about 35% (not counting with the FIAT) I have allocated in Bitcoin. I did not sell much of the alts.
If I was an active speculator, I would still sell it now and buy it after the forks again.
I think our approaches are quite similar :-)
Good Post thanks for sharing