Crypto Retirement
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Crypto Retirement: Great end of the year, 126% profit achieved
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Crypto Retirement: Great end of the year, 126% profit achieved

created Michał SielskiJanuary 2 2021

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.

CHECK BINANCE

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%

02_12_poZupie crypto retirement

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:

01_01_21 After the purchase of cryptocurrencies

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:

  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
balance31_12_2020

Portfolio balance as at December 31, 2020

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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.