Crypto Academy week 3 season two - Homework Post For [@yohan2on]- Designing of my cryptocurrency investment portfolio

in SteemitCryptoAcademy3 years ago (edited)

Hello everyone hope you all are fine and safe. Today attend one more lecture my @yohan2on sir , in that lecture i learn how to about the design of protfolio and some important concepts regarding investment which trader must take into consideration before investment. Now i am going to submit my homework post for this lecture. In this homework we have to do some tasks which includes we have to design our portfolio and include six cryptocurrency in it. Then after one or two days we have to show what happens to our investment wheather we are in gains or in loss. So let's start.

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First i will talk about why designing of portfolio is important, according to my experience a best trader is that who can able to design his portfolio properly. Some traders put only one coins in their portfolio if that coins dumps they face huge losses. On the other hand if we invest in different project and design our portfolio properly. If some coins goes to dump the rest can give your portfolio back or can give you some profit. So we should able to design our portfolio properly . when i start investing in cryptocurrency i buy only serum coin that time which dumps hard from six dollars to three dollars. Then someone tell me you have to design your portfolio properly and i learn few that from that mistake now i always design portfolio so that i can't get loss and take some profit.

Your portfolio should have six Cryptocurrencues and why you choose them

Before two days i invest almost more than five hundred dollars in six different Cryptocurrencies which includes etherium, carnado, zilka, TLM,1inch and doge coins.i am holding these token in binance , in these above coins i will hold some coins like etherium, carnado and zilka for long term because they have huge potential to grow , as we seen etherium is booming from last few day and coins i will hold for short term like doge coin because these types of coins show vary high up and downs.

Why i choose these coins for investment

Lets talk about this one by one,

Etherium

Etherium is only the token which can compete with bitcoin. In past it shows good results. At this time etherium didn't show any big rally like bitcoin now it has huge potential to grow further. Also it is making lot of new all time highs every day. Lot of new trades are focusing on etherium. On of the good reason why i choose etherium to buy rather than bitcoin is that value of bitcoin is too high as for us whose portfolio is not too much high we can't get any big amount in bitcoin, but in etherium we can get a good amount. So i choose etherium. Also their team is vary strong and active.Ethereum is one of the liquid assets. Also its market cap is good so i think investing in Ethereum this time is good. Its working on different platforms also.

Carnado

Carnado which i buy in the beginning of this year gave me good benifits that is why i am investing more and more on it. Also it has lot of event's in this year coming , also its price is not too much comparing to its market place. So it can go vary high in future. Also lot of experts are bullish on this coin and holding it. In future we may see a huge pump in it.

zilika

Zilka has not too much value this time so if i invest small amount in it , it can give me good profit in return. Also zilika has good potential to grow which we see from the past , and its price didn't grow and down too fast so chances of losing is also vary less in this coin.zilika has also good market cap. Also they have announced their dream team will come soon.

TLM

TLM coin is nft token , as we seen huge rally in almost all nft tokens in past, they gave huge returns so choose one nft project in my protfolio. Why i choose tlm among bft's, because its vlaue from its all time value is vary less.it's all time high is more than six dollars and this time it is trading on only fourty cents. So if it touches its all time high i can get good returns.

1inch

1inch token is the native token of 1inch exchange. As we see the native token of binance BNB and native token of uniswap uni shows vary high rallies so i think 1inch can also go same as these token and can gave good profits.

Doge

Doge coin some persons called it meme coin have not too good team and any major usecase but investers are still focusing in it for quick profits. I choose this coin because it can gave good profits for short term , also big investers like elonmusk is pushing this coin day after day. Also elonmusk recent tweet can push this coin to moon in coming week.

Also i am holding some usdt in my portfolio because it's value didn't change so if market takes big dip just like we seen before one week , i can get few coins on cheaper rates.

Result of my investment till now?

Ethereum:-7.99%gain

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price at which i buy

Screenshot_2021-04-30-05-06-59-207_com.binance.dev.jpg

I buy Ethereum for steem, i buy 0.0093 Ethereum for 25 steem. The value of etherium was 2555 dollars that time and so 0.0093 was 23.76 dollars. Now its price is 2760 dollars so i have 25.66 dollars worth of etherium. That means i have 1.90 dollars in profit which is 7.9% gain in two days.

carnado 3.60% gains

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price at which i buy

Screenshot_2021-04-30-05-14-57-118_com.binance.dev.jpg
current price

I buy 244 carnado coins at 1.266 dollars price for 310.17 dollars. Now value of each carnado is 1.317 that means if i sell my coins i will get 321.34 dollars so i am in profit of 11.17 dollars which is 3.60%

zilika profit 11.52%

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price at which i buy

I buy 433.1 coins of zil at price 0.172 for 74.56 dollars. Now its price is 0.192 , if i see my coins i will get 83.15 dollars and i wil get 8 dollars extra which means i am in profit of 11.52%

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current price

1inch 14% profit

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price at which i buy

I buy 17.87 coins of 1inch at 4.79 dollars for 85.67 dollars. Now its price is 5.47 dollars, if i sell my coins i will get 97.7 dollars. I will get 12 dollars extra which is 14 % profit

Screenshot_2021-04-30-05-27-37-314_com.binance.dev.jpg

TLM coin 5% profit

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price at which i buy

I buy 199 coins of tlm at .42 for 83.92 dollars. Now its price is 0.443 dollars for each coin, if i sell my coins i will get 88.15 dollars, i will get more than four dollars extra which is 5% profit.

Screenshot_2021-04-30-05-32-13-303_com.binance.dev.jpg
current price

Doge coin profit 10.7%

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price at which i buy

I buy 200 doge coins at .276 for 55.28 dollars. Now its price is .306 dollars foe each coin. So if i sell them i will get 61.2 dollars, i will get 5.92 dollars extra which is i am in profit of 10.7%

Screenshot_2021-04-30-05-36-21-982_com.binance.dev.jpg
current price

As you can see i am in profit in all the coins in which i invest before two day. Before two days i invested 630.29 dollars now if i sell all my coins i will get 677 dollars that means i am in total profit of 7.39%, the profit is not too much but i am not in loos that is more important

THANKS FOR READING.
All images are taken by me on my own binance account.

CC:-
@yohan2on

I invite my professor @yohan2on check my homework.

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Hello @alexcarlos,
Thank you for participating in the 3rd Week Crypto Course in its second season and for your efforts to complete the suggested tasks, you deserve an 8/10 rating, according to the following scale:

OriginalityCompliance with topicConsistency of methodQuality of analysisClarity of structure & language
(2/2)
(2/2)
(1/2)
(1/2)
(2/2)

My review :

A good job in which you presented your successful experience in investing six cryptocurrencies in a short period. It was possible to further analyze the results obtained and set your expectations in future periods to open more horizons for the topic covered.

Thanks again for your effort, and we look forward to reading your next work.
Sincerely,@kouba01

Thanks for checking ny homework sir

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