Cryptoretirement: stable March, we are buying Bitcoin (BTC)

Over the last four weeks, the value of our crypto wallet has practically not changed. Although the price of Bitcoin increased by more than 20%, GMT and BSW failed, which offset the increase in the price of BTC. So we continue to accumulate and wait for the late altcoins to start their rally as well.

Check it out: Cryptoretirement: a quiet February. Good time to accumulate?

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, most recently CRV, SOL, SAND, AXS, APE, GMT and BSW, we have completed our investments in LINK,
• the investment horizon is at least 10 years.

CHECK BINANCE

A month ago we bought Bitcoin (BTC)

In early March, we bought more BTC to balance our portfolio. We want a large part of it to be the "king of cryptocurrencies".

After buying for 60 euros, at the beginning of March 2023, our wallet looked like this:

In March, the loudest information in the world of cryptocurrencies was certainly the investor's bet Balajia Srinivasana. According to him, Bitcoin will cost USD 1 million before the holidays this year! Moreover, he bet $2 million on it, claiming that the price of BTC will increase so much due to the hyperinflation that awaits the US. This is to cause a massive migration of capital to cryptocurrencies.

Of course, we don't mind that he's right, even if the price rally takes a bit longer...

The results of our cryptocurrencies in March 2023:

• Bitcoin (BTC) + 20,02%
• Cardano (ADA) + 14,88%
• Binance Coin (BNB) + 8,61%
• Curve DAO Token (CRV) -0,90%
• Solana (SOL) -1,95%
• Sandbox (SAND) -1,91%
• Green Metaverse Token (GMT) -3,60%
• Axie Infinity (AXS) -7,34%
• Biswap (BSW) -10,63%
• Ape Coin (APE) -13,50%At the end of March, our wallet looked like this:

We bought Bitcoin

So we do not change tactics and continue to invest 60 euros a month. We buy Bitcoin (BTC) again, the price of which seems to be attractive. Especially since with 28 thousand. USD to USD 1 million is still far away ;).

After buying BTC, our wallet looks like this:

Crypto Retirement: A Summary

Recall: we deposited €38 60 times, so we invested €2 in total. On February 280, 01.04.2023, the account balance is EUR 3. In 885,65 months, our portfolio increased by EUR 37, i.e. by 1%.

Portfolio balance after 37 months: 3 885,65 euro (sum of payments: EUR 2280)

March loss: -0,71%

Profit after 37 months: +70,42% (+€1605,65)

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
5. SAND - better than Minecraft because on blockchain and NFT
6. SOL - still the cheapest blockchain platform on the market
7. CRV - a platform for earning on stablecoins
8. AXS - the gaming hit of recent years
9. APE Coin - the cryptocurrency of the most famous NFT
10. GMT - STEPN application - a new hit on the cryptocurrency market?
11. BSW - 107% token stacking platform