It's been a while since I reviewed my Crypto holdings, but the creation and subsequent BOOM of WLEO has prompted me to do so.
My October breakdown is as below.
I haven't gone into too much of the micro detail of how much of each coin I hold, this is just a rough breakdown, with holdings in order of dollar value within each category, at time of writing:
| >$1000 | <$1000, >$100 | <$100 |
|---|---|---|
| hive, btc, wleo, eth | ltc, eos, mana, steem, BAT, NEO | oxt, trx, rune, crpt, xlm, maid, iota, sc, ada, enj, bts, sub |
Major Holdings
Hive tops the list, as it has done for all of 2020.
BTC was roughly the same as Hive, but I traded some recently for ETH to stake more WLEO. I've got the Hive fork to thank for the near BTC-Hive parity.
WLEO is the BIG NEWS of October. This is now worth as much as my current BTC and almost as much as Hive.
I did have a few ETH before October, but I've doubled the amount for the WLEO staking. I think I'm going to keep MORE ETH than I previously, I think I can probably do that and still buy back the BTC I swapped for it.
The only thing missing from this chart is my DEC and Splinterlands holdings, and I've got around $3K across the two. I can't get either on Bockfolio so I just didn't include them!
Middling holdings
TBH I'm not sure holding so much LTC is a good idea - the reason I do is because that's the coin I use to transfer between exchanges given the low fees, but it's price hasn't held up so well.
I've also got faith in the fact if crypto does go mainstream, people will buy LTC because it's easier to get 1 LTC compared to 1 BTC, crude psychology I know, but humans are pretty crude.
EOS and NEO I regard as part of the bags, I'm damn well not selling until they go up again, which maybe never.
Steem is just the residual from the Fork - I still think there's the possibility for an Asian led pump.
Mana I really like - LAND, building things, and i bought it accidentally thinking it was something else, so that amuses me.
BAT is the only thing I'm buying more of. I'm hoping to increase my holdings there and to see that maybe reach my top tier eventually!
'All others' is my minor holdings below, to show how little I've got lower down the orders.
Minor holdings
These are mainly the bags from earlier. There is hope, BTS did a recent pump where I got rid of most of that, what's left is just the residual.
I think there's potential here to do a few more 'shitty investment posts' - I loved that initiative from @trumpman!
Rune and OXT aren't part of my bags, I wanted a little in on the DEFI craze, but given that I still have my bags from 2017, I wasn't going to go too crazy!
Final thoughts
I'm quite happy with my holdings over all.
Somewhat ironically, my Portfolio might be a little Hive-centric now that WLEO's pumping, so I think the order of Autumn is going to be to take some of that WLEO on the way up and rebalance - I'll probably buy the following:
- More BTC
- More BAT
- More Mana (I just have a soft spot for it)
- And depending on the price, more RUNE and/ or OXT.
Or is it fair to call WLEO pumping a 'Hive-centric' phenomenon? It's not quite that simple anymore is it?!?
It's also getting the point where I've got enough crypto invested and giving me a return that I can start taking a monthly draw down to FIAT - now I'm in Portugal, where there's no tax on crypto, this is the place to do it, i just need to get my residency sorted out first!
Originally Posted Using LeoFinance Beta
The best part is you need to be happy with what you have.
BBB : Bitcoin, Blurt and BRO are my Top 3 .... billions soon.