Crypto Retirement

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Crypto Retirement: July with a solid increase in portfolio value

created Michał SielskiAugust 2 2021

A month ago, we wrote that June may be a breakthrough, because although our pension portfolio has lost its value, the declines have slowed down and there were many indications that gains were returning to the cryptocurrency market. We were right - at least in the short term. Our cryptocurrency-based retirement portfolio increased in value by 18,95% in Julyand from the beginning of our investment O 524,02%.

Check it out: Crypto-retirement: Correction is underway, but June could be a breakthrough!

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.

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July with hope for the future

Let us remind you that after the last purchase for EUR 60, our portfolio looked like this on July 1, 2021:

Back then, we "licked our wounds", because the previous weeks on the cryptocurrency market it was a bloodbath. Especially for those who decided to invest in cryptocurrencies only recently and hoped for a quick and easy profit. Long-term investors, whom we will definitely be, and maybe we already are, are still in a big plus, but some of their assets declined at an alarming rate - at the peak of the decline, the tokens lost 50% of their value within 2-3 weeks!

June, however, brought the sell-off to a halt, and July was definitely a positive month. Virtually all of our cryptocurrencies have increased in price, especially the two that dominate our retirement wallet and - naturally - we care about them the most: Bitcoin (BTC) and Binance Coin (BNB). The minimal decline in Cardano did not significantly affect the result of our portfolio.

The results of our cryptocurrencies in July 2021:

Bitcoin (BTC) + 24,60%
ChainLink (LINK) + 20,39%
Binance Coin (BNB) + 15,90%
Cardano (ADA) -1,80%

Crypto Retirement: A Summary

Recall: we made a deposit of EUR 18 60 times, so we invested EUR 1 in total. On August 080, 01.08.2021, the account balance is EUR 6. Our portfolio increased by EUR 739,43 in 17 months.

In the last month, we recorded an increase in the value of the portfolio by 18,95%, and since the beginning of our investment by 524,02%.

So we invest another EUR 60 (this time in BTC to slightly balance our portfolio) and, as usual, we put all cryptocurrencies on interest-bearing deposits using the automatic subscription function (i.e. adding interest to the deposits also every day).

We still do not exchange new cryptocurrencies that we receive for stacking previously selected ones. The Binance cryptocurrency exchange rewards its users with tokens that are given away and added to the wallet - this 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 31.07.2021/167,50/XNUMX, the spot portfolio increased slightly in value. We have the equivalent of EUR XNUMX on it, which looks like this: