My Cryptocurrency Portfolio - Week 6 (Bloodbath Week)

Hello to everyone, once again it is the time of the week for my Cryptocurrency Portfolio Update. As we all have experienced a bloody market in the past couple of days because of the news that China has banned ICOs, now it seems that is has recovered.

So once again I will post about how is my portfolio doing, what are the best 3 coins, and worst coins, and many more. Without further ado let us start.

This is week number 6 of my series of posts and we are still HODLING on and not selling. It is not much of a portfolio but, I am slowly still expanding my cryptos and is planning to get some new ones hopefully next week. I have also invested in two ICOs at the moment namely: SALT(Salt Lending) and Bankera(BNK) will be adding this when it is on coinmarketcap and being traded.

Cryptocurrency Exposure

My Investments: STEEM, NEO, LBRY, Stratis, Spreadcoin, OMG, Waves, EOS, ZRX, SMART, SBD


Screenshot-2017-9-8 Manage and track your cryptocurrency portfolio.png

We can see here the exposure, and STEEM is dominating the graph with nearly 50% of my portfolio at the moment. STEEM is looking pretty strong surviving the bloodbath and it went up to $1.7 I think yesterday on Bittrex.

Screenshot-2017-9-8 Manage and track your cryptocurrency portfolio.png
Screenshot-2017-9-8 Manage and track your cryptocurrency portfolio.png

My Portfolio

As we can see comparing from last week 5 investments are in the red and 6 are on the green. I say just HODL! I had weak hands before selling on losses but never gonna do that anymore lol.

So let us now check the stats from last week and compare it to the stats this week.

Stats last week

Acquisition Cost: $ 278.42
Profit/Loss: + $ 311.29
Holdings: $ 589.71

This Weeks Stats

Acquisition Cost: $ 278.42
Profit/Loss: + $ 340.52(+29.23)
Holdings: $ 618.94(+29.23)

I would just say what Bloodbath? did it even occur? Seeing that +$29.23 profit is great. After seeing my Holdings drop to $421.50 at some point during the bloodbath I never panicked and believed it will catapult its way back. Just look at what happened to NEO as an example it dipped to $19 and after a day it went up to $30.

Now then we will rank the 3 Gainer coins, and 3 Loser Coins

Losers

ZRX


Losses: - $29.01
Change: -40.87%

I got burned on this as I did not get in to the ICO and got my ZRX at HITBTC and traded so high that explains the -$29.01 loss, but none the less I am a long term holder. Plenty of room to recover priced at $0.3171 at the moment and I know it is a great project.

SMART


Losses: -$21.08
Change: -51.21%

I invested to get in through the Smartrewards looking for my first rewards on September 25th. I know the Smartrewards will cover the losses.

EOS


Losses: -$7.74
Change: -46.67%

Long term hold, ICO still on going but I believe in the project and STEEM/BITSHARES Creator Dan Larimer to pull through.

Gainers

STEEM


Profit: +$240.06
Change: +487.79%

OMG


Profit: +$66.86
Change: +334.29%

NEO
Profit: +$41.00
Change: +270.97%

That is all I am not in any way an expert. I am just a normal guy interested in the incredible world of cryptocurrencies. Invest at your own risk, do your research on your own there are lots of resources out there.

Thank you very much

Image and Information Sources:
https://www.canva.com/
https://www.cryptocompare.com/portfolio/

Sort:  

Lisk is also one coin that could fit your portfolio. They are going through major rebranding

Thank you for your suggestion I will look into Lisk when I plan to invest in some coins again.

Nice to see your great analysis on crypto currency. I see you have made a great profit on different coins. Congrats. Keep it up.

Thank you very much for your comment, yes I am hoping to increase it even more. :) Thanks for the support.

dude, no TRIG tokens? thats a shame

hmmm never heard of TRIG but will definitely look at it, still expanding my portfolio at the moment. Thanks for the comment :)

Congratulations! This post has been upvoted from the communal account, @minnowsupport, by vallesleoruther from the Minnow Support Project. It's a witness project run by aggroed, ausbitbank, teamsteem, theprophet0, someguy123, neoxian, followbtcnews/crimsonclad, and netuoso. The goal is to help Steemit grow by supporting Minnows and creating a social network. Please find us in the Peace, Abundance, and Liberty Network (PALnet) Discord Channel. It's a completely public and open space to all members of the Steemit community who voluntarily choose to be there.

This post has received a 0.28 % upvote from @drotto thanks to: @banjo.

Coin Marketplace

STEEM 0.19
TRX 0.15
JST 0.029
BTC 63968.82
ETH 2633.99
USDT 1.00
SBD 2.84