Crypto Retirement: Crazy Growth in February. We are 485% positive!

By far the best month in the history of our cryptocurrency-based retirement portfolio. Four weeks ago, we were delighted, because the increases exceeded 145% of investments. What we have to write now, when, for example, accounting for about half of our Binance Coin portfolio upwards of 410% in February? Maybe only that our crypto wallet has already increased its value by over 485%.

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

February has warmed up cryptocurrencies

2021 started very well for cryptocurrencies. We had really impressive gains in January. We were happy not only with Bitcoin's climb, but also with the increases in altcoins: Ada and Link increased in January by more than 95% and more than 89%, respectively. So at the beginning of February our wallet looked impressive. 

But this is nothing compared to February, which - although it was hard to expect - turned out to be even better. Bitcoin alone grew by more than 36% and this is undoubtedly a fantastic result. Link contributed its share (over 10% growth), but we do not have much in our portfolio. Like the ADA, which, however, shot off more than 269%. All this pales, however, with the Binance exchange token - BNB. Due to high fees in Ethereum and the success of the competitive DeFi platform, launched by Binance and based on fees precisely in BNB, the demand for this token has increased enormously. However, the effect exceeded the wildest expectations of investors: + 410,44% in February and over 1000% in the last 12 months. There are already those who forecast that BNB will cost as much as Bitcoin (currently it is over 250 times cheaper ...). Of course, we wouldn't mind if they turned out to be right.

The results of our cryptocurrencies in February 2021:

• Binance Coin (BNB) + 410,44%
• Cardano (ADA) + 269,88%
• Bitcoin (BTC) + 36,75%
• ChainLink (LINK) + 10,76%

Crypto Retirement: A Summary

Recall: we made a deposit of EUR 13 60 times, so we invested EUR 780 in total. On February 28.02.2021, 4, the account balance is EUR 563,05. Therefore, in 13 months our portfolio increased by 3 783,05 euro.

As of February 28.02.2021, XNUMX, our portfolio was as follows:

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 euros and, as usual, we put all cryptocurrencies on interest-bearing deposits using the automatic subscription function. This time we only buy BTC, because with the recent increases in BNB, the Binance token has started to prevail in our portfolio, and in the crypto-retirement assumption we want Bitcoin to stabilize about half.

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 - in addition to interest. 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 28.02.2021/XNUMX/XNUMX, the spot portfolio looks like this:

We do not include its value in the total crypto-retirement investment. For now - after two months, we have cryptocurrencies worth about 12 euros on it. 

Portfolio balance after 13 months: EUR 4563,05

Profit after 13 months: + 485,12 %

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