Crypto Retirement

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Crypto Retirement: We made a 38,85% profit in August

created Michał Sielski2 Września 2021

Another great month for our cryptocurrency-based retirement portfolio. In August, he gave his show first of all Binance Coinwho traveled by Fr. 52,26%. However, other cryptocurrencies also grew strongly, and at best ADAwhich we have very little in our wallet. It is a pity, because in August it increased the value by 133,22%. However, we have no right to complain: in the last month we increased the value of the crypto-retirement pension by 38,85%, and from the beginning of the investment, Fr. 706,72%.

Check it out: Crypto Retirement: July with a solid increase in portfolio value

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

August was a huge plus

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

However, August was so good for the cryptocurrency market that you could make money by buying virtually any token. The ones we chose did excellent. Most of all, the return to the increases in Binance Coin, which is again in a promising trend, is now consolidating after a dynamic climb.

The ADA was also doing great, setting new records of all time after the good news of the successful steps in Cardano's development. We only have 413 units in our portfolio, valued at $ 3. However, if someone still had Bitcoin purchased at this price, he would not have the right to complain today. But… let's not confuse!

The results of our cryptocurrencies in August 2021:

Cardano (ADA) + 133,22%
Binance Coin (BNB) + 52,26%
Bitcoin (BTC) + 29,60%
ChainLink (LINK) + 29,53%

Crypto Retirement: A Summary

Recall: we made a deposit of EUR 19 60 times, so we invested EUR 1 in total. On August 160, 01.08.2021, the account balance is EUR 9358. Thus, our portfolio increased by EUR 18 in 8198 months.

In the last month, we recorded an increase in the value of the portfolio by 38,85%, and since the beginning of our investment by 706,72%.

So we invest another EUR 60 (this time in BNB, because we believe that the next peaks are ahead) 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).

However, we are changing the tactic a bit regarding the remaining cryptocurrencies that we had less. Not in every case we will wait for spectacular increases, which - as you can see for months - are not coming. To begin with, we only got rid of the speculative cryptocurrency Shiba Inu, converting it to BNB and paying this tranche for permanent staking for 3 months, with an interest rate of as much as 10,22% per annum. We will definitely earn on interest, and whether on the increase in the price of cryptocurrency - time will tell.

Other tokens, including the new one received for having BNB MBOXthat can be staked at interest rate over 50% per year, we are leaving the spot in the portfolio for now.

As of 01.08.2021/XNUMX/XNUMX, the spot portfolio looks like this: