Crypto retirement: record November, profit over 69%
New historical highs Bitcoinhuge increases on altcoins and further announcements of the development of the blockchain network. November was simply excellent for our crypto wallet. We invite you to discuss our retirement crypto wallet.
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.
November with a new Bitcoin record
November 2020 can undoubtedly be considered a very successful one on the cryptocurrency market. All our assets recorded an increase.
The results of our cryptocurrencies in November 2020:
- Cardano (ADA) + 81,97%
- Bitcoin (BTC) + 43,45%
- ChainLink (LINK) + 30,75%
- Binance Coin (BNB) + 11,56%
As you can see, these were not the usual increases, even for the cryptocurrency market. Bitcoin is currently at its highest valued in history and is on track to cost over $ 20. USD. What after breaking this psychological barrier? Nobody knows, but some analysts' forecasts are cosmic. It is already said about 300 thousand. USD, there are also valuations reaching 500 thousand. USD, and even USD 1 million for one Bitcoin (BTC) in a few, up to 10 years. For obvious reasons, we would not mind if even the most "cautious" of them would prove successful ...
On the occasion of Bitcoin (BTC) records, prices of altcoins are also rising. Cardano (ADA) turned out to be the best in our portfolio, which has increased by almost 30% in the last 82 days!
At the beginning of November, our cryptocurrency-based retirement wallet was worth € 740,67. We deposited another EUR 60 which we spent on the purchase of Binance Coin. And although this particular token did not grow as fast as the others, the monthly result for another month in a row is excellent: EUR 1014,95, or almost EUR 260 an increase in just one month!
Crypto Retirement: A Summary
Recall: we made a deposit of 10 times for 60 euros, so we invested a total of 600 euros. On 01.12.2020 December 1014,95, the account balance is EUR XNUMX. Our crypto wallet increased its value by sky-high over the course of ten months 69,15%.
As usual, however, we approach it with great calm, because - let us remind you - our investment horizon is 10 years.
This time, we are once again buying Binance Coin (BNB) for EUR 60, the cryptocurrency of the Binance exchange, which is doing very well all the time and we believe that the best is yet to come.
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 November will bring.
Portfolio balance after ten months: € 1014,95
Profit after ten months: + 69,15 %
Next summary in a month!
Learn more about selected cryptocurrencies: