Crypto Retirement
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Crypto Retirement: September on a swing. After 19 months, 565% of the profit
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Crypto Retirement: September on a swing. After 19 months, 565% of the profit

created Michał SielskiSEPTEMBER 4, 2021

After strong declines caused again by information from China, cryptocurrencies are dynamically catching up. Valuations have not yet returned to highs, and we lost nearly € 900 in the last month. Wait a minute ... we lost? Of course not, because we haven't sold anything. We stick to our principle and we will continue to invest in cryptocurrencies for over 8 years. For today we already have 565,58% of profitfrom the beginning of our crypto retirement portfolio.


Check it out: Crypto Retirement: We recorded + 38,85% profit in August


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

September full of emotions

Let us remind you that after the last purchase for 60 euro, on September 1, 2021, our portfolio looked like this:

02_09_2021After the purchase

We had 9878 euros and we hoped to overcome the "magic" border of 10. euro. However, the Chinese authorities are counting on something else, which explicitly admits that the digital yuan is to replace the US dollar as the currency being the main carrier of international transactions. As a result, they do everything to make the remaining cryptocurrencies lose popularity. The blockchain world reacts as always - nervously - so although we haven't learned anything new recently, after the publication of the previously announced announcement, the prices of all cryptocurrencies have dropped.

You can wring your hands, but you can also look at it completely differently. This is a good opportunity to expand your wallet. And so we did, although the results of our cryptocurrencies in September were far from the perfect ones.

The results of our cryptocurrencies in September 2021:

  • Bitcoin (BTC) -6,06%
  • ChainLink (LINK) -13,8%
  • Binance Coin (BNB) -16,18%
  • Cardano (ADA) -24,51%

Crypto Retirement: A Summary

Recall: we made a deposit of EUR 20 60 times, so we invested EUR 1 in total. On August 200, 30.09.2021, the account balance is EUR 7987. Thus, our portfolio increased by EUR 19 in 6787 months.

balance01_10glowneAfter purchase

In the last month, however, we recorded a decline in the value of the portfolio by 19,14%, but since the beginning of our investment it has increased by 565,58%. So it turns out that at least this time we have the opportunity to make a purchase on the advice of many experienced investors who adhere to the principle of "buy while the blood is pouring". Especially that the turn of the month and the beginning of October is already a sharp rally in the upward trend of practically all tokens.

So we invest another 60 euro (this time in BTC) and, as usual, we put all cryptocurrencies on interest-bearing deposits using the automatic subscription function (i.e. adding interest to the deposits also every day). 

balance30_09

We also continue to hold positions in the latest cryptocurrencies that we received for staking BNB. There are no big shots here yet, but we are patient :-).

As of 30.09.2021/XNUMX/XNUMX, the spot portfolio looks like this:

spot30_09_21

Portfolio balance after 19 months: 7 987 euro (sum of payments: EUR 1200)

Profit after 20 months: + 565,58 %

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.