Would you like to take a look into my portfolio? I will open it for you and show you the ten biggest positions in my portfolio. I will not only show you what cryptocurrencies I am currently holding but also what I am doing with them. I am generating passive income at least with some of my holdings.
1. Bitcoin $BTC
The biggest position in my portfolio is Bitcoin. It´s the cornerstone of my portfolio and I believe that Bitcoin should be the cornerstone of every portfolio. It is the oldest, most popular, and most secure blockchain. Bitcoin is considered to be digital gold and Bitcoin is where most of the smart money goes in. For this reason, Bitcoin is the cornerstone of my portfolio.
I am holding most of my Bitcoin in a Ledger Hardware Wallet for the long term, safe and secure. I also have some of my Bitcoins on BlockFi to earn a 6,5% interest on my Bitcoin. BlockFi is a platform that offers interest-earning accounts, low-cost USD loans secured with crypto, and fee-free trading. It offers the best rates for these services, the most flexible structures, and the highest degree of security available in the blockchain lending ecosystem.
If you use my invitation link (Code: 4fc341e6) to sign up for BlockFi and deposit crypto into your BlockFi Interest Account, you will receive a bonus of up to $250 in Bitcoin. You need to deposit a minimum of at least $25 to receive the minimum bonus of $15 in Bitcoin.
2. Binance Coin $BNB
After the recent pump of Binance Coin, $BNB has become the second-biggest position in my portfolio. the initial idea was that I can use it on Binance as a very popular trading pair but holding BNB has some more benefits. Binance Coin already has lots of different usecases and Binance is coming up with new usescases from time to time to give their native coin an extra boost.
I have covered everything you need to know about Binance Coin in my post "Binance Coin ($BNB) In-Depth Analysis 🚀 Tokenomics, Usecases, Price". In case, you´ve missed it, you can still check it out.
I am holding all of my $BNB on Binance. I have one part of my $BNB in Fixed Staking and the other part is in the $BNB Vault. The $BNB Vault is a $BNB yield aggregator. Staking $BNB in the Vault means participating in Launchpool, Savings, Defi staking, and other projects and at the same time gaining rewards. Also paying my trading fees in $BNB saves me 25%.
3. Ethereum $ETH
For a long time, Ethereum was the second-biggest cryptocurrency in my portfolio. Now, it´s the third biggest position in my portfolio after the incredible pump of my Binance Coin.
Most of the popular tokens are ERC20 tokens like the ones we can earn here on Publish0x. All these popular ERC20 tokens are built on top of the Ethereum blockchain. Despite the high gas fees, there is still a lot of innovation going on on the Ethereum blockchain and Ethereum 2.0 is already in the pipeline.
I am holding most of my Ethereum in my Ledger Hardware Wallet for the long term, safe and secure.
I am using some of my Ethereum on Binance for Ethereum 2.0 staking.
Some of my Ethereum is generating a passive income on a platform called CakeDeFi. On CakeDeFi, I am lending out my Ehereum with a guaranteed APY of 5%. Let me tell you more about CakeDeFi when it comes to my fourth biggest position in my portfolio, DeFiChain $DFi.
4. DeFiChain $DFI
The fourth-biggest position in my portfolio is DeFiChain. DeFiChain is a decentralized blockchain platform dedicated to only enable decentralized financial services. Its op codes only allow run decentralized finance dapps. This ensures that only financial transactions are possible.
The point is that DeFiChain was created especially for DeFi Services and applications. At the same time, DeFiCain provides the optimal infrastructure for security, speed, and access.
It is not a general-purpose platform like Ethereum. It is designed for Decentralized Finance.
The clue is that DeFiChain is not built on Ethereum like many others. It is built on Bitcoin as a software fork. It is anchored to the Bitcoin blockchain.
I put my $DFI tokens to work on CakeDeFi where I can stake my $DFI tokens with an amazing 37% APY.
By the way, you can still get a bonus of $30 in $DFI when you register on CakeDeFi´s website and fully verify your account. Make your first deposit and you will receive a bonus of $20 worth of $DFI. The minimum deposit to receive your bonus is $50 in any supported cryptocurrency like Bitcoin or Bitcoin Cash. If you use my referral code for signing up (Code:528168), you will receive an extra $10 worth of $DFI. This makes a bonus of $30 in $DFI in total.
5. Chainlink $LINK
On spot number five is Chainlink, one of my oldest investments. It´s the first and biggest Oracle by market capitalization. Oracles are bringing real-world information to smart contracts. They are acting as an intermediary between blockchain smart contracts and traditional non-blockchain applications such as website APIs, databases, and payment processing systems. Information can also be returned from the smart contract.
Blockchains don’t have access to information that is not on-chain. When it comes to Decentralized Finance this typically means price data that is used by smart contracts to control key aspects of their lending protocols. All Decentralized Finance applications need Oracles and this is exactly what makes them so precious.
For a long time, I was keeping all my $LINK in my Ledger Hardware Wallet. Recently Chainlink was added to BlockFi, so I decided to move all my $LINK from my Ledger to BlockFi. I chose to receive all my monthly interest payments from BlockFi in Bitcoin.
6. The Graph $GRT
Yes, I jumped on The Graph train last December. Since then, my holding has developed very well and it´s currently the sixth-biggest position in my portfolio.
The Graph is an indexing protocol and global API for organizing blockchain data and making it easily accessible.
The Graph is also one of my long-term investments, and that's why I´m holding it in my Ledger Hardware Wallet.
7. Band Protocol $BAND
Next, we have Band Protocol, also an oracle similar to Chainlink. Band Protocol is a cross-chain data oracle platform.
Band Protocol provides decentralized finance applications with secure and reliable access to trusted data. Band Protocol does it by connecting smart contracts with trusted off-chain data and ensuring its integrity using a delegated proof of stake and token economic incentives. Band Protocol also claims to be fast, decentralized, scalable, and easy to implement.
Right now, I am staking all my $BAND in my Atomic Wallet.
8. KAVA $KAVA
Number eight in my portfolio is Kava. Kava is basically a multi-chain Maker DAO. It offers to give collateralized decentralized loans with stable coins to users of major crypto assets like Bitcoin, Ripple, Cosmos, Binance Coin, and others.
Kava is actually about to break open the world of multi-chain decentralized finance as Kava`s lending platform is compatible with several crypto assets. The first two chains for Kava are Cosmos and Binance.
I am currently staking all my $KAVA with Trust Wallet.
9. Polkadot $DOT
On position number nine in my portfolio, there is Polkadot, a smart-contract platform similar to Ethereum. I believe that decentralization is not only happening on the Ethereum blockchain. A huge part of decentralization is taking place outside the Ethereum blockchain, for example in the still quite young Polkadot ecosystem.
Polkadot is actually one of the hottest things happening in the crypto market right now. Some even say that it is the most important cryptocurrency since Ethereum. For this reason, I would put another $100 into Polkadot.
Polkadot was designed to resolve the scalability and interoperability issue that can be observed on the Ethereum blockchain right now. The interoperability with other blockchains is the main focus of Polkadot.
All my $DOT is currently locked in fixed staking on Binance for 30 days with an APY of 12,8%.
10. Reserve Rights Token $RSR
Last year, I bought a small amount of $RSR for less than a cent per token. Meanwhile, it has become the tenth-biggest position in my portfolio.
Reserve is a decentralized stable coin with global ambitions. It is a two-tired token model with the Reserve Token which is the stable coin, and with the Reserve Rights Token, which is the open market token that can fluctuate in its price. The Reserve Rights token is on the backend to provide stability for the Reserve Stable Coin.
The difference is that lateral tokens will be tokenized real-world assets. The portfolio of these assets starts relatively simple and will diversify more and more over time as more and more real-world assets are being tokenized. So, in the end, you have a stable coin that is completely backed by real-world assets.
I am holding all of my Reserve Rights Tokens in my Ledger Hardware Wallet for the long term. I will definitely sell this position as soon as $RSR hits the one dollar mark.
My Final Conclusion
So these are my ten biggest positions in my portfolio and what I am doing with them. Of course, I wouldn´t be Cryptonator if I wouldn´t hold more cryptocurrencies. In my portfolio are also other coins and tokens like $FARM, $AMPL, and $LRC from my Publish0x earnings, just to name a few.
At the end of my post, I also like to remind you that my intention in this post is not to replace your own research. I may look smart on my profile pic but I am not your financial sensei, so please #DYOR. 🤓
Nevertheless, I hope that I could provide you with some interesting and useful information. Thank you guys as always for reading, liking, following, and tipping 👍