Crypto Retirement
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Crypto Retirement: Successful March and + 682% after 14 months
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Crypto Retirement: Successful March and + 682% after 14 months

created Michał SielskiApril 2 2021

Po great increases in February, we are continuing the streak of our cryptocurrency-based retirement portfolio. In March, it increased by over 1,5 thousand eurodespite the fact that - as every month - we only pay 60 euros for it. Profit after 14 months: over 682%.

Crypto-retirement rules of the Forex Club Portal:

  • we invest on Binance Stock Market, which is not only the largest in the world, but also - so far - the most stable,
  • every month we devote 60 euros (this is the minimum deposit threshold in Binance),
  • we want to invest approx. half of the funds in Bitcoin, as the "king of cryptocurrencies" and the indisputable flywheel of the entire market,
  • in addition to BTC, we selected 3 other cryptocurrencies: LINK, ADA and BNB, in which we will invest at least until the end of the year,
  • if it is possible, we pay cryptocurrencies on "deposits" in Binance,
  • at the end of the year we will decide if there are other cryptocurrencies in the portfolio,
  • the investment horizon is at least 10 years.

CHECK BINANCE

March with continuation of increases

In February it was so good that we expected a correction, and a significant one.  Bitcoin grew by over 36%, but Binance Coin fired + 410,44% in a month, which made our wallet swell literally minute by minute. At the beginning of March 2021, it reached the value of EUR 4, and BNB was the overwhelming majority. According to the rules according to which we try to make Bitcoin account for about half of its value, we bought BTC for another 983 euro.

poZakupie1_03 crypto-retirement

And we have no right to complain as March was fantastic again. Our two flywheels did not fail. Binance Coin continues its rally (+ 25,50%), and Bitcoin is also growing (+ 20,76% in March). Only the ADA has lost a bit. 

The results of our cryptocurrencies in March 2021:

  • Binance Coin (BNB) + 25,50%
  • Bitcoin (BTC) + 20,76%
  • ChainLink (LINK) + 3,85%
  • Cardano (ADA) -2,65%

Crypto Retirement: A Summary

Recall: we deposited 14 times for 60 euros, so we invested a total of 840 euros. On March 31.03.2021, 6, the account balance is EUR 572,12. Our portfolio increased by EUR 14 in 5 months.

As of 31.03.2021/XNUMX/XNUMX, our portfolio looks like this:

saldo31_03_2021 cryptocurrency

We still try to approach it with great calm, because - let us remind you - our investment horizon is 10 years. So we invest another 60 euro and, as usual, we put all cryptocurrencies on interest-bearing deposits using the automatic subscription function. This time we only buy BTC again, because the rising BNB price is constantly tipping the scales of the Binance exchange token, which is taking up an increasing part of our portfolio. Even after buying BTC for the entire 60 euro ... 

balance_01_4_21 after purchase

We still do not exchange new cryptocurrencies that we receive for stacking previously selected ones. The Binance cryptocurrency exchange rewards its users with tokens that are given away and added to the wallet - in addition to interest. Previously, we exchanged them for BNB, but from January 2021 we keep them on a separate wallet and wait if any of them will become a new star of the crypto scene. 

As of 31.03.2021/XNUMX/XNUMX, the spot portfolio looks like this:

spot31_03_21

We do not include its value in the total crypto-retirement investment. So far - three each  months, we have cryptocurrencies worth over EUR 44 on it, or over PLN 200. 

Portfolio balance after 14 months: 6572,12 €

Profit after 14 months: + 682,39 %

Next summary in a month!

Learn more about selected cryptocurrencies:

  1. Bitcoin - all about the "king of cryptocurrencies"
  2. Link - a cryptocurrency that Intel has bet on
  3. ADA - a token created by scientists
  4. BNB - a token from the Binance exchange
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About the Author
Michał Sielski
Professional journalist for over 20 years. He worked, among others, in Gazeta Wyborcza, recently associated with the largest regional portal - Trojmiasto.pl. He has been present on the financial market for 18 years, he started on the Warsaw Stock Exchange when the shares of PKN Orlen and TP SA were just being introduced to the market. Recently, his investment focus has been exclusively on the Forex market. Privately, he is a parachutist, a lover of Polish mountains and a Polish karate champion.