Crypto Retirement

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Crypto Retirement: An Awesome October. The profit is already 766,66%

created Michał SielskiNovember 2 2021

Another ATH of Bitcoin and solid increases in Binance Coin make our wallet again at record levels around 50. zloty. This time, we buy a new cryptocurrency to ours, which may turn out to be its stable foundation. The recently described CRV token has all the data to stay permanently in our cryptocurrency-based retirement portfolio, the value of which increased by 24% in October.

Check it out: Crypto Retirement: September on a swing. After 19 months, 565% of the profit

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

September full of emotions

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

We had cryptocurrencies worth € 8.806 because September was a mixed month. As it is on the cryptocurrency market: seemingly not breakthrough information caused huge price movements, both up and down. October, however, brought the reassurance we had been waiting for: major cryptocurrencies, including those that form the backbone of our crypto-retirement wallet, were moving north.

The results of our major cryptocurrencies in October 2021:

Bitcoin (BTC) + 29,95%
Binance Coin (BNB) + 23,29%
ChainLink (LINK) + 16,32%
Cardano (ADA) -10,01%

As you can see, the two flywheels of our portfolio, BNB and BTC, have had an excellent month behind them, which translated into our results.

Crypto Retirement: A Summary

Recall: we made a deposit of EUR 21 60 times, so we invested EUR 1 in total. On August 260, 31.10.2021, the account balance is EUR 10.920. Thus, our portfolio increased by EUR 20 in 9.660 months.

So we are investing another 60 euro, but this time in new token - CRV. The recently described cryptocurrency is part of an ecosystem based on trading and stablecoin deposits. In our opinion, this is a perfect investment for a cryptocurrency retirement portfolio. Especially since the recent close to other cryptocurrencies did not go well. After we gave up on Shiba Inu, the speculative token went up by more than 876% in a month, without us on board ...

That is why we are now broadening our investment horizons and we promise patience 🙂 As usual, we put all cryptocurrencies that we can into interest-bearing deposits using the automatic subscription function (i.e. adding interest to the deposits also every day).

We also continue to hold positions in the latest cryptocurrencies we received for staking BNB.

As of 01.11.2021/XNUMX/XNUMX, the spot portfolio looks like this: