Crypto Retirement: September 2022 with a smooth rise

High nervousness, new Bitcoin lows and uncertainty in the entire financial market? In our cryptocurrency-based retirement portfolio in September, it was not visible. What's more, we even managed to record an increase in the value of assets by 4,06%.

Check it out: Crypto-retirement: August 2022 is threatening with further drops

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 allocate an amount of EUR 60 (when we started it was the minimum deposit threshold at 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, but it is not a permanent rule,
• in addition to BTC, at the beginning we selected 3 other cryptocurrencies: LINK, ADA and BNB, in which we will invest,
• if it is possible, we deposit cryptocurrencies on "deposits" in Binance, recently also into the liquidity pool,
• every few months we decide whether there will be other cryptocurrencies in the portfolio, most recently CRV, SOL, SAND, AXS, APE, GMT and BSW, we have completed our investments in LINK,
• the investment horizon is at least 10 years.

CHECK BINANCE

An investment in Binance Coin (BNB) like bonds

Recall, last month we decided to enlarge the position in "Old, good" BNB Faucet. After the last purchase for 60 euro, at the beginning of September 2022, our portfolio looked like this:

And despite the unfavorable circumstances, we managed to increase our possession. The pillar of our portfolio, i.e. BNB, saw a minimal increase, and APE was also played once again. We also earned a fair amount of well-earning liquidity pools, where we keep some cryptocurrencies, and staking, where we have the rest. Despite the decline in the prices of most of our cryptocurrencies, this allowed for an increase in the value of the cryptocurrency.

The results of our cryptocurrencies in August 2022:

• Ape Coin (APE) + 9,94%
• Solana (SOL) + 2,91%
• Binance Coin (BNB) + 0,13%
• Bitcoin (BTC) -4,39%
• Green Metaverse Coin (GMT) -4,8%
• Biswap (BSW) -6,52%
• Cardano (ADA) -6,75% 
• Axie Infinity (AXS) -11,10%
• Sandbox (SAND) -11,69%
• Curve DAO Token (CRV) -21,23%

So at the end of September our portfolio looked like this:

We buy (again) Binance Coin

Once again, we are buying BNB, which - in our opinion - is still very cheap. And we put them in the liquidity pool from BSW, which, in turn, will not charm you on a monthly basis, but those who closely follow the daily quotes could certainly see at least three days last month when quite an aggressive accumulation of these tokens took place. And this may be a sign of upcoming increases.

After purchase, our wallet looks like this:

Crypto Retirement: A Summary

Recall: we deposited 32 times 60 euros, so we invested a total of 1 euros. October 920, 01.10.2022, the account balance was EUR 4. In the 169,35 months, our portfolio increased by EUR 31 or 2%.

Portfolio balance after 31 months: 4 169,35 euro (sum of payments: EUR 1860)

Profit in September: + 4,06 %

Profit after 31 months: + 117,15% (+ EUR 2 249,35)

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
5. SAND - better than Minecraft because on blockchain and NFT
6. SOL - still the cheapest blockchain platform on the market
7. CRV - a platform for earning on stablecoins
8. AXS - the gaming hit of recent years
9. APE Coin - the cryptocurrency of the most famous NFT
10. GMT - STEPN application - a new hit on the cryptocurrency market?
11. BSW - 107% token stacking platform