Date: 2/26/2018
Time of Post: 11:52 pm PST
ALTFOLIO UPDATE
Total Holdings Worth: $1308.91
Total Percent Increase: 27.54%
Total Initial Investment: $1042.56
Total Profit: $282.60
All Holdings:
(1) Bitcoin [0.031396 BTC]: $326.31
-Profit: $85.16
-Percent Increase: 35.32%
-Total Initial Investment: $250.00
{1} 2/6/18: $241.95 @ ($7706.31)
(2) Ethereum [0.3497 ETH]: $308.68
-Profit: $48.31
-Percent Increase: 18.55%
-Total Initial Investment: $260.49
{1} 12/10/17: $17.77 @ ($436.49)
{2} 2/6/18: $241.95 @ ($782.82)
(3) Ripple [154.94 XRP]: $148.92
-Profit: $60.41
-Percent Increase: 68.26%
-Total Initial Investment: $88.50
{1} 12/11/17: $23.08 ($0.3555)
{2} 12/15/17: $65.42 ($0.7269)
(4) Cardano [335.86 ADA]: $113.09
-Profit: $14.45
-Percent Increase: 14.65%
-Total Initial Investment: $98.64
{1} 12/11/17: $19.18 ($0.1324)
{2} 12/16/17: $79.46 ($0.4160)
(5) Litecoin [0.507103 LTC]: $111.05
-Profit: $4.66
-Percent Increase: 4.38%
-Total Initial Investment: $102.44
{1} 12/10/17: $41.67 ($147.84)
{2} 12/14/17: $64.72 ($287.35)
(6) TRON [2477 TRX]: $102.90
-Profit: $58.13
-Percent Increase: 129.81%
-Total Initial Investment: $44.78
{1} 12/15/17: $44.78 ($0.01808)
(7) Lisk [3.996 LSK]: $80.24
-Profit: $40.64
-Percent Increase: 102.63%
-Total Initial Investment: $39.60
{1} 12/15/17: $39.60 ($9.91)
(8) Verge [1224 XVG]: $73.60
-Profit: $20.96
-Percent Increase: 39.83%
-Total Initial Investment: $52.63
{1} 12/16/17: $52.63 ($0.043)
(9) IOTA [22.98 MIOTA]: $47.18
-Profit: - $50.87
-Percent Increase: - 53.97%
-Total Initial Investment: $94.24
{1} 12/11/17: $55.06 ($4.24)
{2} 12/15/17: $39.18 ($3.92)
Where should I invest now?:
Its been a roller coaster of emotions over these past few months in the crypto-shphere. I personally watched as all the immense profits I had made decimated in a matter of weeks. However, the recent week has proved to be a bit of light at the of the tunnel, as Bitcoin is finally back on the rise and carrying the other currencies with it. Due this rather abrupt drop in the market, I figured it would be a good time to buy some BTC and ETH, since it was clear that once the market began to rise again, these two would drive the climb back up. This proved to be a good move.
Its clear that the big coins (i.e. Bitcoin and Ethereum) are always a safe investment. Not safe in the sense that you are safe from the vast market fluctuations, but as safe as you are going to get in long-term crypto investing. You can pretty much count on these big coins to recover from large downturns in he market, like what happened recently. Whereas other smaller coins may not fair as well. TLDR: Big coins are the safest investment you can make in crypto.
As for the alt-coins that I think may be profitable investments for the shorter term, I would look to Lisk and Ripple. Ripple is beginning to establish itself as one of the top coins and with the sphere of influence in which it operates, there is a fair chance that a lot of money will be pouring into the company in the coming months. I am a fan of Lisk because it has been the most successful of my investments through the recent crash. The level it is at currently is what it was at when the market was peaking in January. This indicates that the growth rate of this coin could be higher than most other alt coins.
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