Over five months ago, I wrote a post going over what cryptocurrencies and tokens I had in my portfolio, and what ICOs I had invested in. I thought it was about time I did an update, and see how things are now. As you can see from the above chart, the past three months or so have been harsh. It's only really been in the past three weeks that things have begun to pick up and return to normal. To call the recent price drops a correction would be inaccurate, as it's likely a signal that things are about to change.
This pie chart shows what my portfolio looked like towards the back end of last year, mostly being made up of BTC, ETN and LTC. Notice how Steem doesn't even appear on this chart, it only made up a tiny portion of the "other" slice.
I also mentioned three ICOs that I was excited about and had invested small amounts in. I was surprised reading the old post, as one of the ICOs listed had just completely left my mind. I'd excitingly checked the website stored in my favourites and... nothing. The site had disappeared, and apparently so had the "devs". It looks like I'd been got, and I never even realised it! I don't remember exactly how much I put into it, but it was around 0.08ETH which I won't cry about. Live and learn!
This pie chart shows my portfolio as it currently stands, and it's looking pretty different. The biggest holding by far is Steem, with a whopping 43% of my entire portfolio. After that we've got Electroneum coming up second, but far smaller in size, and followed by Bitcoin which is looking fairly tiny compared to five months ago. I currently hold roughly half as much Bitcoin as I did then, as I sold half of it off somewhere around the peak at the beginning of this year.
Let's break down what we've got here, because that chart is tiny and I can barely make everything out myself.
Steem (STEEM)
Electroneum (ETN)
Bitcoin (BTC)
Bytecoin (BCN)
Monero (XMR)
Ripple (XRP)
Ethereum (ETH)
Doge (DOGE)
Bankex (BKX)
Mona (MONA)
Bytecoin and Monero make up a large chunk between them, and these are two I've only mined using the GPU in my gaming laptop (might as well get some use out of it). With some luck, I'm hoping these two will largely pay for this laptops replacement.
Bankex is an ICO I backed at the end of last year, and to be perfectly honest I've been ignoring it. I think it was another bad investment made late at night after a few too many beers. I've been absent from trading while everything's taken a tumble, but I'm warming up again now so I'll probably get rid of those sooner rather than later.
Litecoin is now pretty much completely absent from my portfolio, I sold most of it off a couple of months ago before the price dived below £100. I may buy one whole coin just to keep an eye on it, but I don't think there's much time left for the first and second generation currencies. Time for the new kids to shine (here's looking at you, Electroneum).
There's quite a few others hidden in the "other" slice, but there is just too many of them to go through really. Most will probably go in the next purge anyway, for no reason other than my portfolio is beginning to get a bit crowded.
It was quite nice to be able to compare my current holdings to what I had several months ago and who knows, maybe I'll do another one in a few months time. Steem has become my number one crypto in such a short amount of time, and hopefully with continue to play an ever larger part.
What cryptos have you recently acquired or sold? Let me know down in the comments section, and as always make sure to hit that follow button to stay up to date with all the latest Cryptocurrency, Technology, Internet and Pop Culture news. If you're a fan of strange YouTube videos, you might want to follow me on Twitter. Until next time, take it easy!