Cryptos have been super hot lately with the advent of NFTs, metaverse and Web 3.0 – It’s time to share my crypto portfolio.
Disclaimer: This article is not financial advice or crypto advice. All content on this website is for educational purposes only.
I started investing in Cryptos in early 2018 after Bitcoin reached around $20000 in December 2017.
I invested around $500 in Ethereum over a couple of months in 2018 as you can see below.
I added all up, and it is 0.35 ETH
Just like every newbie crypto investor, I wanted to catch the next big thing early and ended up exchanging ETH to buy a wide array of alt coins.
Here are some of the coins I held for over 3 years – AAVE, ADA, TRX, XRP, IOST and so many other smaller and lesser-known alt coins.
Cut to January 1, 2021 this is how my portfolio looked like. Remember I started with $500
Yes, it went down by 50%
Here’s the thing with crypto. My solid advice is to only invest money that you are prepared to lose, especially with cryptos. So, I just let it ride.
In mid of May 2021, I logged into Binance, and I was in for a pleasant surprise.
My portfolio had grown by almost 8x to $1900
All thanks to 1 alt coin – AAVE which had the lion’s share in the act.
I should have sold it then, but greed got in the way, and I thought of holding it for longer.
Eventually I ended up selling AAVE at around $300 per coin in the month of November 2021.
Now its trading at around $200 a piece and glad I sold at $300.
In December 2021, I had to move all my crypto portfolio from Binance as it was shutting down in Ontario from 2022.
So, let’s look at my current crypto portfolio as of Jan 11, 2022
First is my Coinbase account that has just three coins – Cardano, Shiba Inu and Bitcoin accounting to a total of $223
Second is my DRIP portfolio. Here’s the snapshot as of Jan 11, 2022
I sold most of my alt coins on Binance and invested around $1000 into DRIP network in Nov 2021 and it has now grown to $4053.
I am planning to compound daily to increase my DRIP tokens. It pays 1% daily and you can read more about it here.
Third and final is my Crypto.com account. Snapshot below. Get $25 when you sign up to Crypto.com using this link.
So, putting everything together, my crypto portfolio is worth around USD 4300
Hope you enjoyed reading this portfolio round up and if you would like to see a snapshot every month, let me know in the comments.
Happy Investing.