Crypto Academy Week 11 - Homework Post for [Crypto Professor @yohan2on]

home-work-cover-fombae.jpg

I am happy that Professor @yohan2on came up with this course. This has been a learning community for me. I want to confess, I will not be work on a present design portfolio for my homework. The truth is, doing this was not based on profit-making but due to other courses in the community for learning purposes.

I will start by giving the difference between portfolio and watchlist. A watchlist is a list of assets that you put together for easy follow-up in trend (value, market cap, percentages). Meanwhile, the portfolio is a list of assets you have invested and put together. In this case, you want to see whatever is happening to your investment to know when to back off or hold on.

202072ef-e173-42ff-9629-bbf19edddf74.png Screenshot My watchlist on coinmarketcap website

I will be giving the little I kn so far and what I'm practicing with the available fun in my poloniex wallet. My portfolio is more than six. I have made small investments in TRX, STEEM, ETH, XTZ, DOGE, and ZRX. Well, I will not be leaving out USDT.

Why did I invest in these particular cryptocurrencies?

  • TRX

Firstly, the Tron token has been one of the fast-growing cryptocurrencies in the world. I always tell my friends, the origin of the CEO (Jusin sun), and his reputation will greatly influence the growth of Tron. The population of China will support their own, and boom Tron will be far up there. So I decided to hold on to the cryptocurrency. This is a currency I can encourage any crypto investor not to minimize. The value is good and affordable to invest in as of this date.

  • STEEM

Recently the value of steem has been very encouraging as of the date of this post. So investing in steem is a long-term project for me. Given that in one year and steem value moves to 10, I want to be in a situation where I will not be tempted to power down my steemit account. Steemians can try to avoid powering down by investing and holding steem coins.

  • ETH

Well, my investment in this cryptocurrency has no personal backing. Just research that I decided to put in something. This guy came to solve the problems of BTC. With so much work going on in the background, like the upgrade of the Ethereum algorithm. Research shows that when this finally go through, the value will increase. You can join me put a little and hold on.

  • XTZ

This was one of my homework tasks, that how I got to know about Tazos (XTZ) token. Tazos is new and now compete with big guns like Bitcoin and Ethereum. The growth of XTZ is the reason I decided to invest in it. Secondly, the value is affordable for any crypto investor. Thinking about long-term investment, this where I can say you give it a try.

  • DOGE

I will let you know this coin has made news on social media platforms, especially after the tweet of one of my models Elon Musk. I don't have any backing on why I inverted my asset on this coin. DOGE was an experimental coin, so I believe the risk here is high. Given that none of these coins are risk-free, so I'm in and holding to it.

  • ZRX

Well, this is a coin I watch it trending, and it caught my attention. I have never border myself on researching this coin. What I had noticed, was the change in position from 96 to 81 on the coin market cap website. I don't kn how long this took the coin, but this was interesting. I'm sure this is a possible long team investment, so I'm in to hold on.

  • USDT

For me, USDT has not been an investment because of its stable nature. I will say it a tool that I have been using for some time. I say it very interesting if you happen to be good at trading, make good use of this coin. It will greatly maximize your profit and minimize your loss. For example, how I used this sometimes when the value of steem rose to ~1.1, I exchange my steem for USDT. When the value drops, I swap back to steem getting myself more steem coin. Its stability has proven to be very reliable in the crypto market.

24 Hours results of my cryptocurrency investment portfolio


63c7c740-de6f-4366-a6b8-91fce8daf9df.png Screenshot of a section of my investment portfolio on today date


* TRX

tron.png Screenshot from my wallet

Yesterday value = $ 132.18
Today value = $ 137.43

=> Today Profit = Today value - Yesterday Value
137.43 - 132.18
= $ 5.25

=> Precentage = Yesterday Value / 100 * Today Profit
132.18/100*5.25
= 6.93945 %

  • STEEM

steem.png Screenshot from my wallet

Yesterday value = $ 75.88
Today value = $ 78.13

=> Today Profit = Today value - Yesterday Value
78.13 - 75.88
= $ 2.25

=> Precentage = Yesterday Value / 100 * Today Profit
75.88/100*2.25
= 1.7073 %

  • ETH

ETH.png Screenshot from my wallet

Yesterday value = $ 24.11
Today value = $ 25.12

=> Today Profit = Today value - Yesterday Value
25.12 - 24.11
= $ 1.01

=> Precentage = Yesterday Value / 100 * Today Profit
24.11/100*1.01
= 0.243511 %

  • XTZ

XTZ.png Screenshot from my wallet

Yesterday value = $ 16.16
Today value = $ 16.88

=> Today Profit = Today value - Yesterday Value
16.88 - 16.16
= $ 0.72

=> Precentage = Yesterday Value / 100 * Today Profit
16.16/100*0.72
= 0.116352 %

  • DOGE

DOGE.png Screenshot from my wallet

Yesterday value = $ 3.16
Today value = $ 3.65

=> Today Profit = Today value - Yesterday Value
3.65 - 3.16
= $ 0.49

=> Precentage = Yesterday Value / 100 * Today Profit
3.16/100*0.49
= 0.015484 %

  • ZRX

ZRX.png Screenshot from my wallet

Yesterday value = $ 5.92
Today value = $ 6.41

=> Today Profit = Today value - Yesterday Value
6.41 - 5.92
= $ 0.49

=> Precentage = Yesterday Value / 100 * Today Profit
5.92/100*0.49
= 0.029008 %

  • USDT

USDT.png Screenshot from my wallet

Yesterday value = $ 24.02
Today value = $ 23.99

=> Today Profit = Today value - Yesterday Value
23.99 - 24.02
= $ -0.03

=> Precentage = Yesterday Value / 100 * Today Profit
24.02/100*-0.03
= -0.007206 %

Conclusion

As you can see from my calculations, my 24 hours cryptocurrency investment portfolio ended with gains.

TRX = +$ 5.25 and +6.93945 %
STEEM = +$ 2.25 and +1.7073 %
ETH = +$ 1.01 and +0.243511 %
XTZ = +$ 0.72 and +0.116352 %
DOGE = +$ 0.49 and +0.015484 %
ZRX = +$ 0.49 and +0.029008 %
USDT = $ -0.03 and -0.007206 %

I have made a total of $ 10.18 in 24 hours from my cryptocurrency investment portfolio. This is the first time I'm taking time to understand what is happening in my wallet, thanks @yohan2on for this course.

Sort:  

Hi @fombae

Thanks for participating in the Steemit Crypto Academy

Feedback

Reasons for your 6 selected CryptocurrenciesScreenshots/evidencePresentation of the results
3/33/32/4

This is good work. Glad to learn of your newly designed Crypto investment portfolio.

Homework task
8

Thanks sir for taking out time to review my work.
This course was so timely and im happy i took part.

Coin Marketplace

STEEM 0.21
TRX 0.14
JST 0.030
BTC 69662.55
ETH 3388.96
USDT 1.00
SBD 2.77