Great DCA experiment - report II (week 5 & 6)

Great DCA experiment - report II (week 5 & 6)

By Lyokoheros | Great DCA experiment | 8 Aug 2021


Last weeks were kinda busy and hard at my work for me so I didn't post and update last week, but I already told that sometimes I may be doing it as one update for two weeks in a row. Also for the next week It could be similar but after that, I hope to return to weekly updates.

Also if You don't know what I mean and what this Great DCA experiment is You can check out the introductory post. (Also remember it's not financial advice - You are the only one responsible for You ore finance and any risk You take!)

Base investment - BTC and ETH - and current portfolio value

Those weeks bring some change now the best performing crypto in my wallet is ETH with 35% of total value(with over 30% gains), while bitcoin perform poorly, making just slightly than 33% of value, though still better than most altcoins(with about 20% profits). Also now the worst-performing alt is ICP... but actually I have now profits on every coin, ICP has it just the lowest. But still, on every altcoin I have at least 10% of profits(excluding BNB with about just about 5%... well ICP was just recently performing most poorly with over -12% of value in last 24h... and counting BNB as 5% may not be fair as I just bought new portion of it), with Solana performing best - almost 35%! (so actually even better than ETH, though other altcoins bring that category down)

Also with still increasing price of BTC and ETH I was able to accumulate less of them, but as those are considered main coin by me I'm not going to cease to accumulate them. Time, when I will be able to accumulate more, will come when the bubble pops. Also with 180€ invested I now have almost 220€. So already quite decent gains. But of course it will drop down for some time when the bubble will pop...

The new Altcoin Luna and more BNB accumulation

So the altcoin I bought last week was Luna. There was a few reasons for that, beside hearing after some long time that it's a good coin, which mean it already hast somewhat established position.

Firstly it is the coin of yet another ecosystem for crypto, which intends to have a focus on price stability and usability - so it may have bright future. Also I actually mentioned it in the last update, as Luna is a native coin for Terra blockchain.

The second reason is the rumors I heard that it may be some airdrop for its owners so I thought why not buy it now, as I wanted to do it someday anyway?

Also not knowing what other cryptos buy now I noticed that Binance coin is still relatively low compared to previous days (also having about 20€ dropdown from today's high) and despite the whole FUD around them I still think they will survive, and looking back how high this coin already manage to reach in the past... I decided today may be just the right opportunity to buy some more.

Also if You also are not that afraid about finance future, You may check out the new code on Celsius, which will give You 40$ in BNB for depositing 400$ in BNB. If You don't have an account yet You may use my referral link too and get some free BTC also! (the amount you have to deposit have changed from free 40$ in BTC  for 400$ deposit, to 50$ in BTC so it's a good opportunity!)

Of course perhaps if I could spend more time on research I could perhaps make even better choices but... well those most likely aren't bad in long term anyway. And sorry for being too short. I hope in a few weeks to go back with more deep and more interesting analyses of coins I buy. 

My referral links

HoneyGain:
https://r.honeygain.me/MACIEC06C9 

Freebitcoin:
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Cointiply:
http://cointiply.com/r/RDepd 

Timebucks:
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Exchanges(and alike): 
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https://join.swissborg.com/r/maciejLYZX make deposit worth 150€ and receive from 2€ up to even 300€ in exchange currency

https://celsiusnetwork.app.link/195782fa4b deposit 400$ (may be in any available currency) and keep it for a month to get 50$ in BTC! (now it's 10$ more than last 40$!)

https://market.tokeneo.com/en/ref/1966r0740b 

https://www.binance.com/en/register?ref=UVN9AF39 - with 5% Commission Kickback Rate for You!

https://www.bitpanda.com/?ref=611043704198149865 - get 5€ bonus (in BEST - this exchange native currency ) for depositing at least  25€ and trade at least 25€ with that link! And then gain 5€ for completing a test about crypto (unlimited attempts!)

https://www.kucoin.com/ucenter/signup?rcode=rJJKGMW 

...and Publish0x itself: https://www.publish0x.com?a=X7axOPneyv - honestly if You don't have an account here yet it's high time to register! And just Facebook or Twitter account is all You need for that!

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