Week 34: Shadow portfolio up 6.36%

in #cryptocurrency9 years ago

Here’s the result of week 34 of the Shadow Portfolio.
Performance since last week: +6.36%
Performance since inception: +221%
Portfolio pictures are below and you can see the live performance here.

So finally a little calmer performance, but no correction yet. As the price increase is slowing down, it might be a good time to liquidate, wait for a correction and step in at lower prices.
However, I feel there are some reasons to keep positions in place.
Bitcoin segwit finally activated, although I read about slow confirmation process, this enables new development and progress in the bitcoin community. It could bring Bitcoin to anther high. If Bitcoin will suffer, Bitcoin Cash might pick up, so that’s reason for me to keep them both in the shadow portfolio.
Registration for the KIK ICO has started as you can read in my post KIN Registration online, why it matters, I still think this can boost the price of Ethereum.
The Red Pulse Token will be the first ICO on the NEO Blockchain, you can read more about it here. I think this will push the price of NEO further up.
Burger King announced a Waves based coin in Russia as you can read here: Burger King Russia releases it’s own whoppercoin powered by Waves, waves could profit from that.
I’m only not sure about IOTA for the time being. Like I wrote last week already, I feel that LTC and NMR are undervalued and XRP might get some good news. But as always, I want your feedback before I make any changes.

So please let me know, what are your suggestions, and why?

If you missed the original thread, you can visit it here. I repeat that this is not a real investment, just a shadow (fictional) portfolio. The initial positions were 5 of my own suggestions, equally split in roughly USD 2’000 per position.

I’ll be on holidays, so I might skip a week.

** P&L graph since inception:**
image004.png
P&L per position:
image005.png
Exposure and volatility:
image006.png

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Interesting. I like your shadow investments. I am following your account now, hopefully i will be getting some smart investment moves from you.

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