Crypto HODL

It has been a bloody week for cryptos this week, with the delay of the ETF most of the cryptocurrencies has taken a hit. From last weeks total market cap aat $274 billion, right now it is just at $223 billion right now. With that in mind, our holding should have taken a massive hit. Cannot wait to find out, let start the recaps.

From the last edition the total market cap was $271billion, right now it is at $223 billion it has decreased at least in that time span $48 billion. Bitcoin is now down to $6,345 and Ethereum went down also at $362.93 right now.

What is Cryptocurrency HODL?

It is a fantasy style of holding cryptocurrencies per edition I have an imaginary $100 to invest in my choice of crypto. The main goal of this is to see if investing in crypto is profitable in the long term. We buy the crypto with no trend analysis, we buy in maybe on a dip, or when it is at its All Time High. Disclaimer: The investments here in this post is not true. This is just an experiment to see if holding cryptocurrencies are profitable. This is not investment advice. Invest at your own risk do some research first. Invest only money you can afford to lose.

First things first

Let us take a look at the stats we had in our last edition which was from last August 1 last week.

List of acquisitions

5.9666 STRAT at $4.13 each
13.9665 KMD at $1.78 each
26.2283 STEEM at $0.9532 each
30.885 ETHOS at $0.8095 each
1845.15462396 ADA at $0.02710 each
0.7323861139592793 REC at $68.27 each
6.622516556291391 OMG at $7.55 each
8.090614886731393 LSK at $6.18 each
220.1876879852386 XRP at $0.227079 each
394.548912228649 SNGLS at $0.126727 each
752.5247204370664 XLM at $0.066443 each
12.85347043701799 RDN at $3.89 each
23.31002331002331 EOS at $4.29 each
12.22493887530562 WTC at $8.18 each
73.52941176470588 VEN at $1.36 each
0.388455114011576 Litecoin at $257.43 each
69.06602020871751 XLM at $0.723945 each
23.58490566037736 ADA at $1.06 each
16.55629139072848 POWR at $1.51 each
5.652911249293386 XRB at $17.69 each
0.8926977325477593 ZCL at $112.02 each
3232.793456826043 DENT at $0.030933 each
21.97802197802198 SALT at $4.55 each
0.2381 ETH at $420 each
1419.990628061855 XVG at 0.070423 USD each
562.5246104517073 SMART at $0.177770 each
177.7904206521353 POWR at $0.562459 each
75.18796992481203 ZRX at $1.33 each
40.16064257028112 ETHOS at $2.49 each
94517.9584120983 HOT for $0.001058 each
40.98360655737705 ETHOS for $2.44 each
0.0153357062782848 BTC for $6,520.73 each
0.1906941266209001 ETH for $524.41 each
13.08900523560209 EOS at $7.64 each
2.534211860111505 NEO at $39.46 each
0.2108548053810146 ETH at $474.26
71.42857142857143 STEEM at $1.40
0.0131129827708519 BTC at $7,626.03

Stats Today

Status Recap

Last Week's Stats

Profit/Loss: $ -628.32
Top Gainer: ADA(+$266.8)
Biggest Loser: ETHOS($-135.85)

This Week's Stats

Profit/Loss: $ -1,263.69
Top Gainer: ADA(+$142.76)
Biggest Loser: ETHOS($-165.57)

Recapping this week, the losses went up now at -$1,263.69, a $635.37 decrease. Let us now go to the top gaining coins this week, we have a new top 3 right now with Cardano still at first place, next is Stellar, then Ripple gets itself into the top 3 replacing Vechain. We also have a new bottom 3 with ETHOS, Vechain, and DENT rounding up the bottom 3.

That rounds up the stats for this week, let us now proceed then to invest our imaginary $100.

Spending Breakdown

We will go all in on one crypto for this week, and my pick will be EOS

17.69911504424779 EOS at $5.65

Disclaimer: The investments here in this post is not true. This is just an experiment to see if holding cryptocurrencies are profitable. This is not investment advice. Invest at your own risk do some research first. Invest only money you can afford to lose.

Final Things

Let us then see the latest portfolio after adding up the new EOS that we bought. The total Acquisition cost now is at $3100.

If you want look into the expiremental portfolio you can visit it here:
https://www.cryptocompare.com/portfolio-public/?id=119332

Thank you very much for reading!