Dear fellow reader, thanks for stopping by for a new update on my Crypto Portfolio which I started in February.
A brief look at our stock investment performance
First, what happened to our shareholding positions?
Well, global stock markets continued their bull run and in particular our Tech Stock Holdings have been pushed up quite nicely.
In particular Facebook, Shopify, Cloudflare, Amazon, Alphabet. Microsoft and Apple have been jumping from All Time High to All Time High.
But also several positions in our Dividend Stock Portfolio had a great run in the last few weeks too. Swiss pharma giant Roche for instance has been a very strong holding position for almost a decade and has been rewarding me with an ever increasing dividend income stream and finally, it has hit All time High. But consumer staples like Nestlé and PepsiCo have been moving up strongly.
Our total stock investments with a market value of roughly USD 450’000 have moved higher by around 5 % in July alone. so a very nice boost to our wealth.
How about Cryptos in July?
The universe of Crypto Applications- and Currencies is huge.
As per July, I have invested around USD 4’000 into four positions and made no changes (no additions, no selling compared to the last crypto investment update).
- Bitcoin (BTC or XBT) is the first ever Crypto. You can find further information on the history, applications and blockchain technology, Bitcoin Mining etc. in the article WHY INVESTING IN BITCOIN.
- Ethereum (ETH) in contrast to Bitcoin can do a lot more, for instance can it be used for smart contracts and decentralized applications. See also the article BUILDING THE INVESTMENT CASE FOR ETHEREUM.
- Cardano (ADA) is a cryptocurrency network and open-source poject bult on the blockchain (see article WHY INVEST IN CARDANO).
- Ripple (XRP) sets its focus on improving international payments between financial institutions. There are currently hundreds of institutions that use XRP.
Currently, my Crypto portfolio has a market value of Swiss francs (CHF) 3’000 resp. around USD 3’300 whereas I am sitting on a book loss of roughly 23 %. or USD 700.
Currently, I am considering putting another USD 1’000 into Cryptos, equally distributed on the four current positions.
I’ll keep you updated how my new crypto investment portfolio has developed and how the positions have performed since they have been acquired.
What about you? Are you invested in Cryptos as well? Have you made any moves lately?
Thanks for sharing in the commentary section below.
Disclaimer
You are responsible for your own investment and financial decisions. This article is not, and should not be regarded as investment advice or as a recommendation regarding any particular security or course of action.
Ich investiere ebenfalls in Kryptowährungen, das seit März 2020.
Meine zwei Hauptpositionen sind BTC und ETH, danach kommen noch einige Altcoins die aber eine kleine prozentuale Gewichtung haben.
Generell würde ich jedem empfehlen die Gewichtung von BTC und ETH deutlich höher zu halten als bei anderen Altcoins.
Cardano ist sehr spannend, aber auf der Blockchain läuft momentan noch kaum etwas.
Insgesamt bin ich sehr optimistisch was die Zukunft angeht und bin gespannt wie sich der Bereich in den nächsten Jahren/Jahrzehnten weiterentwickeln wird.
Für dich ist bestimmt das Thema “Staking” mit Kryptowährungen interessant, hier bekommst du Zinsen für das einlagern deiner Coins.
Schau dir das Thema mal an, ist bestimmt etwas für dich.
Hallo Maximilian
Vielen Dank fürs Vorbeischauen. Ich sehe das ebenso, bei einem Crypto-Portfolio macht es grossen Sinn, betreffend BTC und ETC höhere Anteile zu halten, als bei den anderen Altcoins, da die weitaus etabliertesten Cryptos. Cardano hat grosses Potential, steckt aber in der Tat sozusagen in den Anfängen. Cryptos haben aus meiner Sicht klar eine grosse Zukunft vor sich.
Staking könnte für mich als Buy and Hold Crypto Investor durchaus interessant sein, da man durchaus noch schöne Einkünfte generieren kann. Ich werde mich mal mit dieser Thematik befassen.
Beste Grüsse und auf bald