Bitcoin: $10,828.70
Market Cap: $462,952,895,803
A nice little jump from Bitcoin, but it doesn’t mean much until it gets to about $12k-$13k. The alts haven’t really moved, which is nice because I want to pick up enough TRAC for a masternode, so I plan to use the little BTC I have left to leverage against it and pick up some cheaper. I have about 25,000 and it seems I’ll need about 100,000 so I have a way to go, although the test net doesn’t launch until Q2, so I have plenty of time to achieve it.
I’ve been a bit obsessed with the Guna Funa (the mutual fund I’ve invested in) mainly because a) I’ve invested some $50k and b) because the returns are likely to be in the 30-50% per month region. Taking this as an average, and assuming the BTC price hits $35k, I could be in line for a £2m+ portfolio by the end of the year, not taking into account my own portfolio. This is something I just need to leave for a good six months at least and not obsess over every day, but I will be tracking daily performance while it’s a novelty. Apparently ‘Years of the Dog’ are statistically the most lucrative years, and that’s my Chinese star sign, so that basically ensures that I’m going to be rich. If the fund does indeed perform as expected I might put more of my liquidity towards masternodes.
I still have about $50k tied up in ICOs, which will hopefully launch in a bull market, so I need to have a plan for the rest of my portfolio if the stress of growing it is taken care of by the Guna Fund. There is, of course, the option of withdrawing the whole lot and enjoying my earnings, but that won’t be until June and the alt run is over, so I have plenty of time to think about things.