Investment Journal #2 By liuke
Jezz, what a bloody day in the markets but well that's part of the life of a good Hodler. In my case thanks to my strong strategy of accumulating big protocols coins based on the thought that their utility corresponds to all the products and services built on them.
In this chart you can see the actual distribution of my portfolio:
HIVE
BNB
AXS
SPS
ADDY
MATIC
ICE
CARTEL
WCRO/USDC
KAFE
CADDY
AVAX
YAK
FANTOM
XBOO
CHERRY
As you can see the distribution of my portfolio hasn't changed that much, especially i would mention that i have increased my holdings of HIVE and seems that MATIC has been tanking really nice all these bloody days as technically i haven't bought more but their participation in my portfolio has doubled.
The only difference in the chart flow was that i added two new investment options, which is IDO platforms that are usually really profitable, and something important that is to have LIQUID USDT, is just amazing all the opportunities in bloody days but I'm always out of liquidity!
Gladly and against what it should appear is that Hashkings is the main source of liquidity i have, especially because I keep accumulating more land plots which are really scarce and valuable. Also, i may say that this diversification in top projects allowed me resist the dumped market with only a -15% of performance after 21 days since i started tracking its movements.
Splinterlands and SPS is not performing well lately so I have lost a good piece of value there, also in other minor coins. I'm expecting AXS to recover the $90 zone which along with the staking system is giving a really nice bunch of monthly reward. I will be looking forward tomorrow to borrow some dollars from my BNB lending and try to get some quick earnings in megacryptopolis and their district sale.
Referral links:
So on the last day:
I have accumulated in this strategy a net worth of $37326
I have accumulated a gross holding of $61913(how much I would have without the debt I got from the lending platforms)
This means 60% of my gross holding is free of debt.
Since day 1, I have accumulated a loss of - $6682 that I consider could be even worst in other scenarios, so i will focus all my time on trying to climb up to the break-even point.
In %, this represents a -15.18% in 20 days. Not was i expecting when i started this but was just the coincidence of a bear market. Let's hold!