welcome to weekly status report 30/2017 for STEEM exclusive PermaCryptoFolio experiment.
Let's have a look at the current Top 30 Crypto Currencies first. Bitcoin corrected last week because of the announcement of the Bitcoin Cash hardfork, but was able to recover. The altcoins show no uniform picture - some coins went up, some coins went down compared to last friday.
Development of the portfolio values in US Dollar compared to a pure Bitcoin investment (orange line). For better comparability value of ARIELLE portfolio is multiplied by 3. The Bitcoin and Altcoin crash affects all 4 portfolios.
Development of the portfolio values in Bitcoin compared to a pure Bitcoin investment (orange line). For better comparability value of ARIELLE portfolio is multiplied by 3.
Development of the relative performance of the top-8 Altcoins since the beginning of the PermaCryptoFolio experiment (September 1st 2016).
Development of the relative performance of the top-8 Altcoins inside NEMO portfolio since last replacement of a coin (June 30th 2017)
See below the current state of the DORY Portfolio. As DORY keeps it simple, DORY will sell all Bitcoin Cash coins as soon as available and reinvest into Bitcoin.
I have already submitted the next orders for DORY into the Kraken orderbook.
See below the current state of the NEMO Portfolio. NEMO will also sell all Bitcoin Cash coins as soon as available and reinvest into Bitcoin.
Note that NEMO can not invest in IOTA because this coin is not tradeable on Bittrex. Bitshares BTS will stay in NEMO as long no other altcoin is able to climb to rank #8.
See below the current state of the FLIPPER Portfolio. Since Bitcoin is handled like any other Altcoin, next friday the new Bitcoin Cash will be added to FLIPPER if its able to stay above #25 in coinmarketcap.com.
See below the current state of the ARIELLE Portfolio.
If you are a new reader, please read first the PermaCryptoFolio experiment announcement.
Second follow these links to learn more about the 4 portfolios:
It is strongly recommended to withdraw all funds out of Cryptocurrency exchanges when not needed for trading there.
In the past I have written a series of pictured tutorials HOWTO withdraw
