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Showing posts with the label btc etf

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

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