Crypto Retirement

Now you are reading

Crypto Retirement: April with a capital increase of 52,72% (+ € 3660,91)

created Michał Sielski1 May 2021

The beginning of April was an uncertain time for cryptocurrencies. The Bitcoin price correction deepened the declines also on altcoins. At the end of the month, however, our cryptocurrency-based retirement portfolio increased in value again, and it was not insignificant - or 3660,91 euro. Thus, the border of 10 thousand. euro accumulated on the stock exchange Binance.

Check it out: Crypto Retirement: Successful March and + 682% after 14 months

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

April also in cryptocurrencies

The first part of April did not bode well for cryptoinvestors of great success. Unless someone played for declines, which is also possible in this market ... Fortunately, what happened more and more often on the cryptocurrency market: the good end of the month made it possible to count profits.

In our case, they will be considerable, mainly thanks to the return to the tops of Binance Coin. The BNB, which dominates our portfolio, has increased by 30% in the last 107,90 days. ChainLink (+ 30,61%) and Cardano (+ 15,28%) also performed very well, although we do not have many of them in our portfolio. Despite this, the slight decline in Bitcoin's price, which lost 1,41% in April, did not change the fact that the last month was perfect for our crypto wallet.

Let us remind you that after buying BTC for EUR 60 on April 1, 2021, our portfolio looked like this:

Increases in the cryptocurrency market meant that from EUR 6 turned into EUR 943,36 in just 30 days. Its value in relation to the fiat currency increased by 10%, which translated into EUR 604,27.

The results of our cryptocurrencies in March 2021:

Binance Coin (BNB) + 107,90%
ChainLink (LINK) + 30,61%
Cardano (ADA) + 15,28%
Bitcoin (BTC) -1,41%

Crypto Retirement: A Summary

Recall: we deposited 15 times for 60 euros, so we invested a total of 900 euros. On March 30.04.2021, 10, the account balance is EUR 604,27. Our portfolio increased by EUR 15 in 9 months.

As of 30.04.2021/XNUMX/XNUMX, our portfolio looks like this:

We still try to approach it with great calm, because - let us remind you - our investment horizon is 10 years. So we invest another 60 euro and, as usual, we put all cryptocurrencies on interest-bearing deposits using the automatic subscription function. According to the rules, according to which we try to make Bitcoin account for about half of the value of the wallet, we bought BTC for another 60 euro, but if the BNB price does not drop or BTC does not increase significantly, we will have to buy only the king of cryptocurrencies a few more times. For now, after another purchase, our crypto wallet gives hope for the future:

We still do not exchange new cryptocurrencies that we receive for stacking previously selected ones. The cryptocurrency exchange Binance rewards its users with tokenswhich he gives away and adds to his wallet - it is an additional profit, in addition to interest on deposits. Previously, we exchanged them for BNB, but from January 2021 we keep them on a separate wallet and wait if any of them will become a new star of the crypto scene.

As of 30.04.2021/XNUMX/XNUMX, the spot portfolio looks like this: