Another week has passed so it is time to see what the cryptomarkets did! Normally I do have a good idea before writing this post, but this time offline life was just too busy, so I am curious if it went North, South or has more a flatline!
Winners and Losers
Last week there were 10 coins in the green! This week only 6.
For the second time in 2 weeks, KCS had an incredible increase. Last week the value did rise with 53% and they did another 51% this week. For sure this will have an impact in the share holdings of my portfolio. It is also the only coins which was writing green in report 11 and 12.
After giving away 8%, Steem is back in the green with a healthy increase of just below 1%.
11 coins are in the green compared with the beginning of the year! KCS is now the leader of the pack with an increase of 112%. To be honest I dind't see this coming. Over the past months I was planning to bring down the average book price of KCS, but something was holding me back. I do regret that one now. On the other side, I did invest in Steem, which also has a mighty increase of 95% since the 1st of Jan 2019!
Portfolio share
Last week the top 3 was:
- Steem 31.94%
- BTC 20.80%
- NEO 10.30%
I do think that the top 3 will be the same. Probably all will loose some share to KCS. Let's have a look!
This week top 3:
- Steem 31.50% (-0.44%)
- BTC 20.27% (-0.53%)
- NEO 9.92% (-0.38%)
So more or less status quo! But KCS is now fourth with a share of 9.90%, so it is very well possible that it will be in the top 3 next week. KCS gained more than 3% share!
Overal
Thanks to the increase of KCS the portfolio value did grow a little bit. With so many coins in the red for the past week I will not complain!
In next report the freshly mined coins will be added to the portfolio. This will be mostly GAS, Steem and Scorum. So I do expect a small increase in growth next week!
Cheers,
Peter
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I always like reading a different analysis. Some of these coins I know nothing about. These days I am lazy and avoid anything out of the top 50 just because of the risk factor when not paying very close attention.
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Nothing wrong with the top 50. Enough profit can be made on those!
But the real profit is if you can spot a real gem very early to bad I don’t have the skills for that not the time 😔
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There are a couple below 50 in, but I researched them a lot and have so.e confidence. I also have other people I trust doing the same for a couple others. When marketcap is small, the team and their actions are very important because they won't survive too many mistakes.
My problem is no time to add new ones, monitor or react. So I avoid large stakes.
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Oh, yeah!! I do like reading what people have to say about the market. I'd like to think I have it all under control, but, the truth is, I need to look around to see the real truth!
Thanks for this!
!tip
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Your welcome. It is indeed always great to see that we all have some shared coins but also hope in others!
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🎁 Hi @fullcoverbetting! You have received 0.1 SBD tip from @dswigle!
Check out @dswigle blog here and follow if you like the content :)
Sending tips with @tipU - how to guide :)
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I love watching your portfolio grow from week to week. Especially since this has been during the bear market and most cryptos have either lost value or stayed flat with some small recovery. Can't see what this starts todo during the next bull run.
Any plans to take profit on any of these coins? Also, I never thought to ask, but are you earning gas on your Neo? Good way to earn a small amount of passive income on that coin as well.
Steem has pretty much traded in that range for the past 2 weeks. Not very exciting, but would be happy if this value holds since we're up so much since the beginning of the year. Would be nice if this sets up as a new strong support for the price.
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No I won’t take any profit yet. Most of the purchases were made before the bears entered the market. The only coins which are in the green are steem and scorum.
I wont sell any steem because I really do want to become a dolphin. I am selling scorum because I did loose faith in that project. Most of these are swapped into steem!
Overall I am still deep in red.
But I do see it as my retirement funds so it has around 20 more years to grow!
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Benefits of diversification continue to show buddy! Don’t stop; the future is bright for many in blockchain projects!
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Time will tell!
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yeah, seems most of the cryptocurrency are having a huge gains like KCS, that's why I don't regret holding it since then specially now that they are having this KCS Holdings Competition because rif got listed on them click this news to know more
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