As the new year of 2018 is fast approaching, I decided it's the right time to review my current investment strategies and goals. Planning ahead is a great strategy and investments in crypto-investments are no exceptions.
Now if you have been following my blog for a while, you might already know - I started to invest in cryptocurrencies in July 2017, after experienced my first FOMO. Also, it should be noted that crypto investments take just a part of my broader investment portfolio, which, right now, consists of stocks, mutual funds, cash and peer to peer lending.
Remember - investments are risky, never invest more you can afford to lose.
I would call my investments in crypto as experimental. Despite I was looking to keep just 5% of the total portfolio in crypto assets, by now, writing these lines, crypto takes already about 10% of the total portfolio. And it seems it could rise to about 20-25% in 2018. I keep investing on a monthly basis using dollar cost averaging.
Investment Portfolio
By now (November 2017), this experiment has turned into a lovely +36.76% value growth in just 5 months. Awesome. Despite being one of the smallest parts of my portfolio crypto investments have returned the highest returns. Double Awesome.
- Invest in Cryptocurrencies - Review After One Month
- Investments in Cryptocurrencies, Review After 3 Months (BTC/ETH/LTC/XRP)
For acquiring coins (bitcoin, ethereum and litecoin) I'm using Coinbase.com exchange.
Affiliate link here: If you are just planning to acquire your first bitcoin, consider to register at coinbase.com with this link, once you buy or sell $100 (€85) of digital currency or more, we will both get $10 (€8) of free bitcoin.
For acquiring other altcoins I'm using Poloniex.com exchange, which I like because of another reason - lending out bitcoins, see: Invest in Cryptocurrency (Bitcoin, Ethereum and other) Peer to Peer Lending - Poloniex.com
Currently, in 2017, I hold following coins - bitcoin, ethereum, litecoin and ripple.
TOP 10 Crypto Coins I'm looking to acquire in 2018
For 2018 I have decided to buy and hold about 10 cryptocurrencies with the largest market cap, according to Coinmarketcap
Name | Ticker | Exchange | |
1 | Bitcoin | BTC | Coinbase |
2 | Ethereum | ETH | Coinbase |
3 | Ripple | XRP | Poloniex |
4 | Litecoin | LTC | Coinbase |
5 | Dash | DASH | Poloniex |
6 | IOTA | MIOTA | Bitfinex |
7 | Monero | XMR | Poloniex |
8 | NEO | NEO | Bitfinex |
9 | NEM | XEM | Poloniex |
10 | ZCASH | ZEC | Poloniex |
Unfortunately, not all coins from my list are supported on Poloniex exchange, and for acquiring IOTA and NEO coins seems I will have to open an account at Bitfinex.
In fact, both Poloniex.com and Bitfinex are two exchanges I like the most, probably because of the reason they are supported at Coinlend, another great tool in hands of greedy crypto investor - an automatic bot which lends out coins. See: CoinLend.org Review - Automating Cryptocurrency Lending Free Bot Investor