Earlier this month I set out some preliminary goals I had for myself for this year in crypto. If you would like to read that article you can find it here. These goals where just set coins/tokens and the amount of them that I wanted to acquire over the course of the year. Currently I am in the middle of applying for a bunch of jobs as my internships have ended so I do not have the typical cash flow in for a job and have been relying on my side hustles like posting here until I nail down a job! I was extremely lucky in that I had quite a bit of DAI that I decided to convert into some of these cryptos which is where 99.99% of the money came from to do this.
In my initial post I stated that by the end of the year I wanted to accomplish the following goals.
- Bitcoin- 0.1 BTC
- Ethereum- 1 ETH
- DAI- 2,500 DAI
- Tezos- 250 XTZ
- The Graph- 500 GRT
- Chiliz- 500 CHZ
- Polygon- 250 MATIC
- KuCoin Shares- 50 KCS
Now some of these I expected to be a stretch just due to the price of the given coins at the time. Even with the pullback I am uncertain about being able to reach some of these but others I have made considerable progress! When going over my goals though I realized I forgot to list what my holdings were at the time of the post! Below I have listed them in the same order as above!
- Bitcoin- 0.0046 BTC
- Ethereum- 0.03104 ETH
- DAI- 1001 DAI
- Tezos- 156.14 XTZ
- The Graph- 246.61 GRT
- Chiliz- 202.54 CHZ
- Polygon- 5.474 MATIC on the Polygon Network
- KuCoin Shares- 10.334 KCS
So what all have I added the last 12 days? Well with the market being down and kind of setting into a trench I decided to start purchasing some of the ones that I wanted to add! There is done in a variety of ways for example Bitcoin I do not buy anymore as I get it back on every purchase with my Fold card which if you do not have if you sign up with my referral link here you get 5,000 sats for free! I have also bought some Ethereum on Robinhood where I had free cash sitting. To pay for these transactions on Coinbase where almost all of them were except if noted below I drew down on my DAI holdings which I can replenish easily enough!
- Bitcoin- NEW 0.002351 BTC via Fold Card
- Eth- NEW 0.04 ETH in Robinhood and 0.035 ETH on Coinbase
- DAI- DOWN to 660.64 DAI
- Tezos- NEW 10.85 XTZ
- The Graph- NEW 173.39 GRT
- Chiliz- NEW 39.04 CHZ
- Polygon- NEW 43.96 MATIC
- KuCoin Share- NEW 0.0178 KCS via the daily dividend payments.
This brings my total amount held of the selected cryptos to
- Bitcoin- 0.006986 BTC
- Eth- 0.10604 ETH
- DAI- 660.64 DAI
- Tezos- 183.99 XTZ
- The Graph- 420.09 GRT
- Chiliz- 241.58 CHZ
- Polygon- 43.96 MATIC on Coinbase and 5.474 MATIC on Polygon Network
- KuCoin Share- 10.351 KCS
I have to admit I did not expect to make as much progress as I have. Like I said these goals being made so early in the year are going to be subjected to change over the next few months but I have already almost knocked one (The Graph) off the list! I also made some tremendous progress with purchasing almost 20% of the MATIC I wanted to for the year. Tezos has entered an interesting place and if it ducks below $4 a coin again I will be sure to purchase more! The same goes for MATIC if it dips to under $2.05 a coin. While I want to start purchasing Bitcoin and Ethereum l do not have the capital yet to be able to really impact my positions there so I will be focusing on the ALT coins for now!
Hope yall enjoyed this little update and I will be sure to do another one in a few weeks or sooner if I made some bigger moves!
Please know I am not a financial advisor I am just someone who picked up on a trend and wanted to express it! Makes sure you always do your own research and never invest money you cannot afford to lose! If you enjoyed this article and would like to further support me below are a couple of referral links that if you used when signing up I would appreciate it! Also, follow me on Twitter @Cje95_
Robinhood
If you do not already have a Robinhood account if you sign up here and link your bank account we both earn FREE stock! You also will be put on the waitlist for crypto wallets as well! Don't forget Robinhood crypto trading is commission-free! 🤝
Fold App
Offers daily wheel spins to win free sats daily! If you sign up for Fold with my link here you will get 5,000 sats for free! Currently, you can get Fold's Premium Debit Card Fold+ for free until February 1st. If you sign up for that as well we each receive a free $25 credit!
Unstoppable Domains
Sign up using my link here and get a free $10 credit towards your first $40+ purchase!
Coinbase
Sign up for Coinbase and earn $10 of free Bitcoin when you buy or sell $100 in crypto with my referral here!
SMiles
If you are like me and walk to work every day this app rewards your walking with Sats! So far I have earned over 2,200 sats in just a few weeks walking to work! Here is my link!