Crypto Retirement

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Crypto Retirement: April falls big and we earn

created Michał Sielski2 May 2022

In April, we had a large discount on the cryptocurrency market. Bitcoin price (BTC) fell by 15,66%, Solana (SOL) fell by 34,02% and Axie Infinity (AXS) by 52,46%. Was it possible to increase the value of the portfolio in such a month? It turns out that it is, if you have had the stars of the last weeks in it: APE Coin (ON FOOT) i Green Metaverse Coin (GMT). And these shone exceptionally brightly. So much so that the balance of our retirement cryptocurrency has increased by over EUR 100, which with such drops in other tokens we consider - perhaps immodestly - a considerable success.

Check it out: Crypto Retirement: A February full of excitement in your retirement 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 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, recently CRV, SOL, SAND and AXS, and now APE and GMT, we have completed our investments in LINK,
the investment horizon is at least 10 years.

CHECK BINANCE

New in the portfolio - monkeys did not disappoint, fit-currency was a hit

Let us remind you that after the last purchase for EUR 60, at the beginning of April 2022, our portfolio looked like this:

In April, we entered the Ape Coin investment, which turned out to be a bull's eye. The price of this cryptocurrency grew as one of the few on the market. The largest tokens have been discounted, and the drops in Bitcoin's price are always a huge anchor for practically the entire market. There are always stars, however, and this month we managed to hit them.

We have earned not only the increase in the APE rate. We also put tokens in tandem with BTC in the liquidity pool. This gave us a total of about $ 50 in profit.

We made even better money on the second move. We decided to add all Bitcoins to the GMT liquidity pool - this is a new token that we described a few days ago. The interest rate on the pool in this pair was as high as 40% per annum, and interest is paid hourly. At the end of the month, a GMT / BNB pool was also added with an exorbitant return of 154% per year. We decided to donate 16 BNB there. And it turned out to be another successful decision, because the GMT rate was rising, which translated into an increase in the value of the contribution by about USD 500. After the pool was split into BNB and GMT, we also lost less on the decline in the BNB price. Currently, the interest rate is 25% per annum after deducting all costs.

In addition, we achieved much higher interest gains. While in the previous month we were happy to exceed PLN 200 of profit per month, in April 2022 we already have over PLN 300 and everything indicates that it will be even better, because after the stabilization of the interest rate in the pool, we get about PLN 20 a day from interest .

The results of our cryptocurrencies in April 2022:

Ape Coin (APE) + 35,07%
Green Metaverse Coin (GMT) + 29,20%
Binance Coin (BNB) -11,14%
Bitcoin (BTC) -15,66%
Curve DAO Token (CRV) -29,85%
Cardano (ADA) -32,03%
Solana (SOL) -34,02%
Sandbox (SAND) -38,83%
Axie Infinity (AXS) -52,46%

So we keep investing and still put on risk. We continue to accumulate GMT and immediately return the obtained tokens to the liquidity pool from BNB. But is this not an excessive risk? Time will tell.

Crypto Retirement: A Summary

Recall: we have deposited 27 times for 60 euros, so we invested a total of 1 euros. May 620, 01.05.2022, after the purchase of GMT, the account balance is 9.689,56 euros. Our portfolio increased by EUR 26, or 8%, in 069,56 months.

Portfolio balance after 26 months: 9 689,56 euro (sum of payments: EUR 1620)

Profit in April: + 1,39 %

Profit after 26 months: + 498,12% (+ EUR 8 609,56)

Next summary in a month!

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