Revealing my Crypto Portfolio
I decided to reveal my crypto portfolio just as a way to have an introspection into the new investments I decide to make.
I have recently decided to diversify my investments into a new asset class, crypto, as a strongly believe not only in its long-term potential but also the short as well as medium-term opportunities the crypto space presents.
As can be seen in the image below, my entire crypto portfolio has a current total value of $5344,8. My crypto portfolio is still of a relatively-small size as I have just recently started analysis and trading crypto, so I had just decided to invest a reasonable amount of money in this asset class.
I WILL UNDOUBTEDLY INVEST MORE INTO CRYPTO AS I GET MORE KNOWLEDGEABLE ABOUT THE SUBJECT
BLUE CHIP CRYPTOS
Bitcoin and Ethereum make up almost my entire portfolio since 2 months ago when I decided to start diversifying into cryptos. (I was fortunate enough to buy Bitcoin at $19500 and Ethereum at $1450). I believe that Bitcoin and Ethereum are the least risky among crypto assets, while allowing also huge potential. In my opinion, these two cryptos pose the best risk-to-reward position.
ALTCOINS
I had mainly invested little money in these cryptos (Cardano, Ripple, Decentraland, and Solana) during the crypto market turndown of 2021, so these positions wwere opened at high prices. Although I prefer my blue chip cryptos over these altcoin positions, I am just holding these hoping a new bull-run will, at least, bring me back to the break even level.
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