Cryptocurrency Portfolio Update 4/17/2018 + Beginner Investment Advice

Date: 4/18/2018
Time of Post: 2:30 pm PST

ALTFOLIO UPDATE

Total Holdings Worth: $986.69
Total Percent Increase: -3.86%
Total Initial Investment: $1042.56
Total Profit: -$39.62

All Holdings:

(1) Bitcoin [0.031396 BTC]: $256.85
-Profit: $15.71
-Percent Increase: 6.52%
-Total Initial Investment: $250.00
{1} 2/6/18: $241.95 @ ($7706.31)

(2) Ethereum [0.3497 ETH]: $182.57
-Profit: -$77.80
-Percent Increase: -29.88%
-Total Initial Investment: $260.49
{1} 12/10/17: $17.77 @ ($436.49)
{2} 2/6/18: $241.95 @ ($782.82)

(3) TRON [2477 TRX]: $113.66
-Profit: $68.88
-Percent Increase: 153.84%
-Total Initial Investment: $44.78
{1} 12/15/17: $44.78 ($0.01808)

(4) Ripple [154.94 XRP]: $110.14
-Profit: $21.63
-Percent Increase: 24.44%
-Total Initial Investment: $88.50
{1} 12/11/17: $23.08 ($0.3555)
{2} 12/15/17: $65.42 ($0.7269)

(5) Cardano [335.86 ADA]: $86.56
-Profit: -$12.08
-Percent Increase: -12.25%
-Total Initial Investment: $98.64
{1} 12/11/17: $19.18 ($0.1324)
{2} 12/16/17: $79.46 ($0.4160)

(6) Verge [1224 XVG]: $82.96
-Profit: $30.33
-Percent Increase: 57.62%
-Total Initial Investment: $52.63
{1} 12/16/17: $52.63 ($0.043)

(7) Litecoin [0.507103 LTC]: $70.63
-Profit: -$35.76
-Percent Increase: -33.61%
-Total Initial Investment: $102.44
{1} 12/10/17: $41.67 ($147.84)
{2} 12/14/17: $64.72 ($287.35)

(8) Lisk [3.996 LSK]: $45.02
-Profit: $5.42
-Percent Increase: 13.70%
-Total Initial Investment: $39.60
{1} 12/15/17: $39.60 ($9.91)

(9) IOTA [22.98 MIOTA]: $38.29
-Profit: - $55.96
-Percent Increase: - 59.37%
-Total Initial Investment: $94.24
{1} 12/11/17: $55.06 ($4.24)
{2} 12/15/17: $39.18 ($3.92)

Where do I invest now:

It looks like the market has finally begun to turn around after the steep decline that has been taking place over the past couple months. I think the market is getting closer and closer to its true value, which at this point I think could be characterized by a $350-$400 billion total market cap. As of the time of posting the total market cap is around $340 billion, so I think the market could continue to rise a bit. However, this rise will likely not continue forever and could stagnate once it reaches the $350 - $400 billion market cap range.

If the market is to behave as stated above, there may not be too many great investments to be made currently. However, Ethereum is still sitting at a relatively low price (around $500) and could prove to be a solid price to get in on. For a long term investment standpoint, Bitcoin under 10k should always be considered and Ripple could prove to be solid in the long term as well. Some of the more prominent alt coins could see some big short term gains as well (i.e. Cardano, Monero, Dash, Neo, etc.).

In conclusion, now may not be the best time to get started on investing, but sure is looking good for us who have been investing for a while.