Crypto Retirement: Great end of the year, 126% profit achieved
Bitcoin continues the rally, setting new price records almost overnight, so it's no wonder that our results are also great. We invite you to discuss our retirement crypto wallet after December 2020. In less than a year, we have already more than doubled the paid-in capital.
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.
December and more Bitcoin records
In November, we were glad that Bitcoin was growing, expecting a slowdown and maybe even a correction. But none of these things. December turned out to be even better. Over the past month, BTC increased by 53,08%. This is by far the best result in our portfolio, but BNB and ADA also performed very well. The discount on LINK could be worrying, if not for the fact that in the last year this cryptocurrency has increased by over ... 548%. So he has an absolute right to be out of breath for a while and we will not tear our clothes, even if the course continues to slide under its own weight in the following month.
The results of our cryptocurrencies in December 2020:
- Bitcoin (BTC) + 53,08%
- Binance Coin (BNB) + 26,25%
- Cardano (ADA) + 13,21%
- ChainLink (LINK) -15,04%
A month ago, we wrote that Bitcoin is on its way to costing 20. USD, while we are already testing another barrier - 30 thousand. USD for one Bitcoin. Cardano (ADA) and Binance Coin (BNB) also continue to grow.
Thanks to this, we can boast of excellent results in the next month. At the beginning of December, our cryptocurrency-based retirement wallet was worth - after purchase - EUR 1.033,70. At the end of December, the valuation was EUR 1.393,37! So we deposited another 60 euro, again allocating it entirely to Bitcoin. Over the course of the day, the result even improved.
Crypto Retirement: A Summary
Recall: we made a deposit of EUR 11 60 times, which is a total of EUR 660. On 01.01.2021/1.493,72/11, the account balance is EUR XNUMX. Our crypto wallet increased in value within XNUMX months sky-high 126,32%.
As of 01.01.2021/XNUMX/XNUMX, our portfolio looks like this:
As always, however, we approach it with great calm, because - let us remind you - our investment horizon is 10 years.
Of course, as usual, we put all cryptocurrencies on interest-bearing deposits using the automatic subscription function. As a result, all accrued interest will be automatically paid on the deposits. And we are waiting for what January will bring. This month we will also make decisions to expand our cryptocurrency with new tokens. We will inform you about the decisions and the reasons for taking them in a month.
Portfolio balance after ten months: € 1493,72
Profit after ten months: + 126,32 %
Next summary in a month!
Learn more about selected cryptocurrencies: