Crypto Academy Week 11 - Homework Post for Prof @yohan2on

Special thanks to Prof @yohan2on for this week's lecture
Please note: Majority and most of my post contents and analysis has been done on 25th -26th of April 2021

Question

• Using an initial investment of $50, practically design your own cryptocurrency investment portfolio.

• Your Crypto portfolio should have 6 Cryptocurrencies and briefly explain why you have chosen to invest in each one of them.

Answer

JuLD:
Market Cap is $60,142,224 and ranking 517
JulSwap (JuLD) token is a small capital investment. It is risky but can be profitable in the long run. This is a token I bought with something I can verily forget for a long time.
On Mon Feb 22, 2021, JuLD price rose to $0.7 and came down to 0.09; possibly in the near future, it might rise again.

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BNB:
BNB is a token on the Binance blockchain Coin, and it is currently one of the fastest-growing tokens. In comparison to most crypto tokens, it started growing in December 2020 and has multiplied over 10 times. BNB Market Cap is $96,542,726,894, which makes it rank No3 presently. Presently, BNB is one of the safest cryptos you can invest in.

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REEF:
REEF costs are now $0.03 ( as at the time of my portfolio screenshot). According to experts, the Reef platform today has nearly 6 marks of ten safety marks. REEF will one day be one of the best investments for the future, with every step taken by the reef network.
Market Cap $507,370,016
Ranking 152 presently

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TRX:
TRON has always been my favorite asset that I believed in. Sentimentally, I love it.
TRX remains very cheap and is likely to hit a minimum of 1 dollar in the near future. Tron's price increased from $0.03 in 2020 to $0.14, which has benefitted many, as Tron's price has recently fallen to $0.1(as at the time of my portfolio screenshot), it would be a big benefit now to purchase.
Market Cap: $9,338,563,507
Ranking 20

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FREE COIN:
FREE coin's creation is one of the underestimated and unknown.
There was initial availability of 10 trillion coins approximately in 2018.
The price has recently multiplied over 5 times in recent weeks and is still likely to continue.
The supply seems higher than anyone else, but its aim is to send cryptographies around the globe. The price is initially low, but still, low $0.000015 (as at the time of my portfolio screenshot). Purchasing now can still be seen as a chance.
Market Cap: $89,271,470
Ranking: 420

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BUSD-T:
Binance - peg Tether is a stable coin, which is used to quickly convert my crypto to minimize my level of risk.

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Question

• Use a Crypto wallet of your choice to hold your 6 cryptocurrencies.

Answer

Trust wallet has always been my choice when it comes to wallet things.

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Question

• Wait for a day or 2days, then showcase the final results of your investment portfolio.
• Use proper screenshots to showcase before and after. Is your total crypto portfolio in profits or losses? Which cryptocurrencies have increased in value and made you some profits? And which ones have declined in price value and made you some losses? Or have all of them made you profits? What’s the growth percentage of your Crypto trading portfolio after the 1 or 2days waiting period?

Answer

JuLD:
My JuLD was $2.19 as at 25th and became $2.51 on the 26th.
Resulting into a gain of $0.32

BNB:
My BNB Coin was $52.66 as at 25th and became $56.17 on the 26th
Resulting into a gain of $3.51

REEF:
My REEF Coin was $7.73 as at 25th and became $8.26 on the 26th
Resulting into a gain of $0.53

TRX:
My TRX was $33.82 as at 25th and became $36.47 on the 26th
Resulting into a gain of $2.65

FREE COIN:
My FREE Coin was $62.03 as at 25th and became $46.88 on the 26th
Resulting into a loss of $15.15

BUSD-T:
My BUSD-T still remain intact to be $59.5

After a day of holding my crypto assets, I realized a total increase of $7.01 and a total decrease from my Free coin which summed up to $15.15.
As a result, my total crypto portfolio is at loss of $8.14.