My Cryptocurrency Portfolio - Week 11
Time flies so fast, today marks my 11th edition of My Cryptocurrency Portfolio Update. It is once again time for the new update. With the Bitcoin Gold Fork looming in the horizon we have seen Bitcoin reach another all time high at $5800 a couple of days ago. We can expect it to cause massive bleeding and red days for altcoins with 9 days to go before the fork. Let us see what are the effects of it on my portfolio. Let us proceed now.
Cryptocurrency Exposure
My Investments: STEEM, NEO, Stratis, OMG, Waves, EOS, ZRX, SMART, SBD, ETH, BQX, ITF, DNT, ICN, SAFEX, CVC, PAY, SALT, TRX
New Investments: FLIK
STEEM is still our big guns at the moment, still retaining first place. We have 2 new kids in the block making it to the top 3 my recent acquired FLIK, and SMART which are both doing great at the moment.
My Portfolio
My portfolio is looking good after going up again to above $1000 from the last update of just about $880. I plan to keep my altcoins at the moment and I wont sell on losses, as I know altcoins will go back up again after the fork. Last time I converted my altcoins to bitcoin on the bitcoin cash fork. The losses were not covered as I just received and sold my Bitcoin Cash at $25.
So let us now compare the stats form week 10 to the stats of week 11. the latest.
Stats last week
Acquisition Cost: $538.12(0)
Profit/Loss: + $343.79(-$105.91)
Holdings: $881.91(-105.81)
Stats this week
Acquisition Cost: $724.94(+186.82)
Profit/Loss: + $433.59(+89.8)
Holdings: $1,158.53(+276.62)
I am happy with the results this week having plusses in the profit/loss department. Cannot wait for October 22 and see what happens when FLIK burn a large amount of coins, and also my upcoming SMARTRewards on the 25th.
Let us now recap the Gainers, and Losers from my portfolio. The losers list is still the same as last week.
Losers
ZRX
Losses: - $45.83
Change: -64.58%
SALT
Losses: - $29.74
Change: -45.26%
KNC
Losses: - $16.87
Change: -55.05%
Gainers
We have a newcomer in the Top 3 gainers with SMART at number 2 at the moment, displacing NEO and OMG.
STEEM
Profit: +$368.46
Change: +748.84%
SMART
Profit: +$86.42
Change: +209.91%
NEO
Profit: +$43.78
Change: +117.25%
I am no way an expert. I am just someone who is interested in crypto, trying my luck to earn on various cryptocurrencies. Invest at your own risk, do your research on your own there are lots of resources out there. Catch the next edition once again next week. Thank you very much for reading. Keep on Steeming!
Information and Photo Resources:
https://www.cryptocompare.com
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