Crypto portfolio: week 2 2018

in #esteem5 years ago (edited)

It's Monday, so it is time for a portfolio overview. The first week of the year was a great one, the most coins did had a green start of the year! So let's see what week 2 did bring us!

Winners and Losers

Well in week 2, the market decided to turn around. From green to red and most coins even giving more back than the profit of first week of the year! Because we are for the long term, and the blockchains are still in it's early days, I did add the changes compared to the closing value at the 31th of December 2018!

image.png

As you can see besides Coss, all coins went deeply red. Monetha is the negative leader of the pack with a decrease of more than 38%!
Bitcoin is more or less status quo with the closing market of the year, while our deariest steem is even in the green.
Also Vibe is green compared to the start of the year!
I did add this to have a better insight how the coins are evolving.

Portfolio share!

Of course this will also have an impact on the share of the coins in my portfolio! SCR is still excluded from this overview. SCR on it's own did loose 26% compared to the beginning of the year, so it's share will become less and less dominant in my portfolio. But is still has more than 60% share, which is a decrease with almost 5%.

Last week the top 3 was:

  • BTC 26.16%
  • Steem 15.81%
  • NEO 13.39%

image.png

This week top 3:

  • BTC 27.71% (+1.55%)
  • Steem 16.29% (+0.48%)
  • NEO 13.46% (+0.07%)

No surprise that Steem and BTC did claim more share of the portfolio. Which maybe is a surprise to most of you: Steem isn't doing that bad compared to the rest of the crypto market! But it could go down faster than the blink of an eye, with the possibility that steem.inc will sell a lot of them!
If they do and you still have some faith and fresh money, keep an eye on it!
Stratis still has the fourth place but lost a portfolio share of 1,12%!

Overall

image.png

Not a surprise to such a deep dive. SCR on its own lost around €700. Add to that the other red figures and we are on a black downhill ski slope. With the volumes on the market dropping we could see another more week of bulls dominating the market. I did write it before and I will write it again, if there are no buyers in the market, the price will drop week after week. Untill a point where most people can help themselves and they will feel the urge to buy!
I would be no surprise to me if the Price of BTC will drop below $3000!

On the positive side, the people who do create blockchain are still getting a decent pay check. This means that still a lot of project are going on and there is still more demand for these kind of people than there are people with the needed skills. This could be a sign, that it is not all lost!

Keep the faith,
Peter


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Time travels pretty fast. So within a few days it turns out to be 2019 😀

Why are you still excluding SCR?
What total value does your SCR have now?

Excluding it for the portfolio share. Otherwise the rest wouldn’t be visible!

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I have been seeing a lot of red lately. People were hoping that the bulls would be coming back before the year ends. Unfortunately it didn't happen. Well as you said keep the faith and it may take a year, two or even 5. I'm holding.

Me too. It is only a loss when you sell at a loss!
Still one of the most active blockchains around!

While it has been painful to experience, I think the positive is seeing how some of the assets continue to provide more stake to improve your overall portfolio. This is a great way to grow a crypto portfolio over time. Thanks for sharing!

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