It has been 9 days since the last edition of Cryptocurrency HODL.
Cryptocurrency HODL fantasy style of holding cryptocurrencies to see if buying and holding cryptocurrency is profitable. The investments made are not true with a concept of $100 to invest per week we will see where it goes.
It is once again time for a new edition. With so many big news recently the cancelation of the Segwit2x Fork, and the return of the ALTS. Time to check in on our portfolio today. Decide what coins will be buying with our fresh $100. Cannot wait so let us get it started then.
First Things First
We will get the stats of our investment from last week, and here it is from our cryptocompare portfolio.
Previous Aquisitions:
- 5.9666 STRAT at $4.13 each
- 13.9665 KMD at $1.78 each
- 26.2283 STEEM at $0.9532 each
- 30.885 BQX at $0.8095 each
- 1845.15462396 ADA at $0.02710 each
- 0.7323861139592793 REC at $68.27 each
Stats this week
As we can see we are above profit this week with a + $6.84 of profit. With 3 of the cryptos in the green and 3 of it in the red we made some bad calls in acquiring Regal Coin, and Stratis. With Komodo, Bitquence, and Cardano returning decent profit.
Stats Recap
Last Weeks Stats
Profit/Loss: $ -2.67
Top Gainer: KMD(+$5.41)
Biggest Loser: STRAT($-5.89)
This Weeks Stats
Profit/Loss: $ +6.83
Top Gainer: KMD(+$6.05)
Biggest Loser: REC($-4.56)
As we see KMD is still top gun after a week with a +$6.05 gain while REC is our new biggest loser with a loss of $-4.56.
If you want to see the portfolio live in action visit this link:
https://www.cryptocompare.com/portfolio-public/?id=119332
So that is all for the recap, now it is time to invest our imaginary $100 haha.
Spending Breakdown
This week we will be investing on the heavyweight cryptocurrencies.
OmiseGo(OMG)
6.622516556291391 OMG at $7.55 each
Lisk(LSK)
8.090614886731393 LSK at $6.18 each
Basing from the previous ATH of OMG it might be a good buy still at less than $8, and LSK on the process of rebranding the price might shoot up just like what happened to NEO.
Note: Prices may vary as the portfolio and acquisitions are made ahead of time.
Final Things
Here is a screenshot of our current portfolio
So there we have it $300 invested with the new acquisitions of LISK, and OMG. Check out the next edition next week. Come on just HODL!
This is not investment advice, do your research before investing. This is only an experiment, no real money is involved.
Image, and Information Sources:
http://www.cryptocompare.com
Thanks again for sharing! BTW, I cannot find any recent good updates on that rebranding of Lisk. Do you have some more info?
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I follow their Twitter Account https://twitter.com/LiskHQ and subscribed to their newsletter https://lisk.io/#newsletter. The rebranding I think is due anytime this month, also the release of their SDK according to this article in their twitter account https://www.meetup.com/Lisk-Seoul-Blockchain-Meetup/events/243908938/?_cookie-check=P6yIoH727UeGevgQ
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