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Showing posts with the label 2022

Why Bitcoin crashed? Is it a good decision to buy Bitcoin in 2022? - Portfolio news

Today is 28.05.2022. and the price of Bitcoin crashed a lot during the past month. In one month the price decreased from 40.000 USD until 28.000 USD but we know that we were also above 60k. Possibly it can be strange that I do not own BTC exactly "just" in ETF, but I think Bitcoin will be a part every time of the most valuable coins. I bought Bitcoin ETF just because of the good tax rate. So let's check the price. ( Check the real-time price here ) Do you think the increase is a lot? Yes you can feel it possibly because we need to climb up with 40% to arrive to the starting level 30 days ago. Sometimes a price decrease generates panic sells, but please never forget that investments needs to work in long-term especially these times where more of the instruments behave quite hectic . I know there is a lot of sites where you can read optimistic articles and that 2022 will be the year of cryptocurrencies, and I can not give much more explanation. Just a little highlight. Neve

Why I bought ADA? - Portfolio introduction third part

Let's finish this in a short way: I'm an ADA fan a hodler, so clearly my biggest part of my portfolio is from ADA. I have to confess also, that the first decision from me to buy ADA came from one of my friends, and after I bought the first coins I started to investigate this project more deeply. It does not means that I can do a review as a professional as my knowledge is not the most diversified from technical part. I mean I don't know which block-chain is cheaper, where the transfer is really lightening fast or on which system the delevopment is easier. What I can see is some specialties what I couldn't found at other cryptocurrencies. Maximalism is the first one. Most of the investors on the market searching for coins where speculation can be done, and incredibly yields can be generated. ADA is not like this. As I see here they want to create real value in long-term. For speculation the coin price is not enough, but for stable long-term results even with staking it i

What kind of cryptocurrency I own and why?

Now comes the story of my crypto portfolio, but this is only basic data, so I do not want to explain it too much, as I plan talk about my decision and trading history continuously on this blog. So... my portfolio is built up based on long term value. As I do not do day-trading with cryptocurrencies my goal is to grow even I do nothing. So the basic requirement that staking needs to be available for a coin what I buy. 85% of my portfolio is from stakeable cryptos. 10% is in BTC, but not in crypto rather in BTC ETF where I expect also higher value increase. And last but not least 5% is for speculation for cryptocurrencies with incredibly high volatility.  What you need to know that I plan for long term especially with staking. My main goal is to live from staking income. To achieve this I need to tenfold my current investment capital. How I'll achieve this goal? Trading, speculation and with lot of work. ...and that what I'll share on this blog. :) But yes, the promised portfolio

When and where I started crypto investment

 As an average investor I have no big story. I did not become a millionaire from crypto investing, and I have no secret weapons how to do it incredibly well, but I tell you a little story about myself. During the years on the university as an IT student I started to check this blockchain thing and I heard first time that something exists what we call cryptocurrency, and I started to mine few coins with my laptop. It was so easy that time... Beside studying I was also self employed to pay my monthly costs and bills. My little company went quite well so it become my main subject. I worked on the FOREX market basically as a sales guy but it was not so simple... not important now. Then on Brexit vote day the brokerage stole all of my money with a fake reasons. They were quite clever to disappear and I had to restart my life. And here comes crypto become more important then earlier.  I never focused on Bitcoin, but Ethereum and other altcoins. BTC was too expensive for me to earn big on it.