Now, that's probably the biggest late in my Publish0x history... I know I have told to post even a few blog post in january but... well for the most time I either get sick (yeah, I don't know what happen to my immunity that it get so bad...) or was focusing on finding new job. Which I still didn't succede yet. Well and part of the time there were also private/family things that needed my attention or I was trying to make use of some good opportunities on RollerCoin - where I'm trying to build some passive income (and I've got to level of 2-3$ in crypto daily) - and there were also local elections lately, which also consumed not so little time...
But even though we are already very close to halving I still think this post is important. Well actually it's high time to publish it.
And if You don't know what I mean and what this Great DCA experiment is You can check out the introductory post. If You don't know what these catch-up purchases check out the "Catch-up purchases" section of this post. If You are confused about the new format of the reports see this post. (Also remember it's not financial advice - You are the only one responsible for Your own finances and any risk You take!).
Sell condition and selling strategy
As I said before very importand part of DCA strateg is setting the right sell condition. Unfortunately I couldn't make throughout enough research on all coins, so these values are based mostly just on ATH of a given coin. This what I did figure out though is presented in the table below(I hope it is easy to read):
As You see, I have set 2 sell condition for each coin - similarly to what I've already done with BTC and ETH - one for exceeding specified price (which is a bit higher than previous ATH) and second is for reaching enough profit. Like x10 is when the price would be 10 times my average purchase price.
But going in order this is the meaning of table's columns:
- Crypto and Symbol - it simply identifies the cryptocurrency of course
- ATH - it's all time high (highest historical value) of given cryptocurrency. To be precise I kept the one from before this cycle bull run, so Bitcoin still have there it's old all time high. It is given in $(USD) and took from coinmarketcap.com
- Amount - the collected amount of given cryptocurrency in it's main notation (so for example bitcoin is in full bitcoins, not in satoshi's)
- Min to keep - the percentage of a given cryptocurrency in portfolio that I want to actually KEEP and not sell.
- Min purchase price($*) - is the lowest (effective - it includes the exchange fee) price at which I bought given cryptocurrency. It is $(USD) value calculated assuming1€=1.1$ - as all the prices were noted in €(EUR) - because it was always bought for 10€. Every columm with calculated $(USD) value have "($*)" in their title
- Avg price - is avarage price for given cryptocurrency, calculated as 10*[amount of purchases]/[total amount of coin bought]. $(USD) value is calculated from €(EUR)
- Max purchase price($*) - similarly to "min purchase price" it is the highest (effective) price at which I bought given cryptocurrency. $(USD) value is calculated from €(EUR)
- STOP condition - the price (in USD) at which I stop buying given coin.
- SELL condition($, ATH based) - the price at which I would start to sell given coin, in $(USD), based on it's previous ATH.
- SELL condition($, avg price based) - the price at which I would start to sell given coin, in $(USD), based on my avarage purchase price.
- sell-batch size - the base amount of coin to sell. Important not there: sometimes I would sell multiple batches at once, but the quantity will always be multiple of that value. It is calculated basing on the sell condition and sell-batch quntity in such a way that every batch is worth more then 10$ (due to how selling on Binnance works)
- sell-batch quantity - the quantity of sell-batches for given coin, set to value which let keep desired percentage in the portfolio. Actually they may get slightly decreased/increased if precision on the exchange would be to low.
- quantity invested($*) - the value of $(USD) invested in given coin, calculated from €(EUR)
- min. exp. profit - minimal expected profit, meaning the profit I would get from selling all sell-batches, at sell-condition price, reduced by $(USD)invested in given coin.
- realized - the amount of cryptocurrency I've already sell. Of course it is 0 for now for all coins.
- profit - the value in $(USD) which I get from selling given coin.
- balance - profit reduced by quantity invested, in $(USD)
The last three columns have also another row for total values, which includes also 30€ spend on LUNA (even though selling part of my LUNA, which was outside this portfolio I already make not bad profits even including money spend on Luna in DCA porfolio).
And yes, that means that if all coins would reach my target prices(sell condition) and I would sell all what I plan then I would get almost 6x profit... and still have some crypto in portfolio. And taking less than 1/3rd of this profit would be enough to actually regain all cash I ever put in crypto.
Of course this assumption - minimal expected profit - is both optimistic and pesimistic.
Optimistic, because it isn't really sure that all crypto would reach my goals. Actually I'm fully aware that some of them may not even get close to it, or worse getting practically zeroed. Though I don't think it happening to over a half would be realistic scenario.
On the other hand, it's also not unlikely scenario that at least some coins would grow more than that, maybe even much more. So the actual profit may be larger. Even when some would get zeroed.
Also some of the values MAY actually change. I mean it is not totally out of the question to perhaps start selling some coins earlier (at a bit lower price) or sell a bit more. This is the more likely the lower row given coin occupies in the table (which also indicates chance for not appearing in DCA portfolio for future cycles). And is actually most likely to happen when the coin's price would still significantly grow after selling all planned coins or when there would be signs that given project wouldn't actually stand the test of time.
And considering I was able to make less purchases of Bitcoin(112) or Ethereum(113) than other altcoins(120 - combined) I won't be accumulating altcoins for this portfolio any longer. This doesn't mean I won't buy anything at all, as I still have about 1200 USDT, for which I may still buy some crypto - including also Bitcoin and Ethereum (in case of some bigger correction)... though that for that I would kinda need a big black swan (still I'm reserving about 700$ for that). The rest could get invested on other cryptos, that didn't grow much yet. Including also these which I considered for the portfolio but didn't actually include like TIA (and to think that just buying it because of MLP, when I learned it's not just some memecoin would actually turn out to be great decision, with fewX gain already...), CVX, CRV, OP... or from my more recent discoveries SUI or ROSE.
Future reports and other posts
As it is pretty much impossible I'll do another purchases for this portfolio, there won't be another report post for my purchases... but there would be reports for selling. I will start post them about time when I'll start to sell out cryptos from this portfolio. Then I would publish a report about each 4-5 weeks (though most likely I would be selling them few times in week... well at least some time after starting). They would also include table similar to the one presented in this post (but only with crypto that I started selling).
And I didn't forget my plans which I share with You at the beginning of the year. Of course it's way to late to publish few first position in first weeks of January... but nevertheless I'll try to publish them as soon as I can (though because of my other plans - including still looking for a job - not more frequently than 2 in a week, which is very optimistic variant anyway).
From the list I've given already 2 first position were realized - this post being the second. But there's still few to go. But I'm actually thinking about switching priorities, so the new order would be more like:
1. Post about Rollercoin (and possibly some follow-ups, like some tutorials) - recently I come to conclusion that I should give this one more priority (especially that I may expect it would get some readers with relatively big certainty)
2. Starting fandom/(pop)cultural-oriented series - "Wonders of the Digital sea" - considering that I'm not even knowing if that would find readers I think I may actually postpone it even more... especially that I have actually still think over a few things considering this series introduction. Well maybe I should just do a poll about it (and other posts) - let me know in the comments(or just about the fact that You are waiting for this series)
3. 10 altcoins most likely to still be successful in future cycles
4. More deep analyses of projects in my portfolio - as this becomes more and more urgent, considering time of selling coins from portfolio get's closer and closer.
5. Next entries for "Wonders of the Digital Sea" series and RollerCoin tutorials
6. Other crypto-related posts
I hope they'll be worth waiting!
My referral links
Zealy.io communities(airdrops):
Dragonia - https://zealy.io/cw/dragoniagame/invite/7l6LyIErvJDbLoQ6vHC2-
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A promising web3 platform, with many project and a lot of tasks (mainly liking twitter posts). My favorite project on it is ElderGlade but others aren't bad either. And for each of them You get Chance to get another token.
Infinity Games - https://zealy.io/c/infinitygames/invite/RsYNPUB0isldZ9Jw9Az0-
A gaming project with many games (soon releasing a new one), but currently there's not much task to earn points
AI worlds - https://zealy.io/cw/aiworlds/invite/Dg-tURmfh5VN7fUpv_mZP
A game-related AI project(so two very hot niches in cryptospace!), with simple task as liking and reposting on twitter, joining telegram channel etc.
LayerZero - https://discord.gg/8fYHRENE
Community for ZRO token, named USDTpool there zealy. It doesn't have zeally refferal link, but it kinda have for discord server
SMOG - https://zealy.io/cw/smogtokenairdrop/invite/BzVi4rPUeEb-gUkb83Yzi
A memecoin on Solana... which may have Polish roots. Why? Because it has dragon in its logo, and dragon in Polish is "smok", which sounds VERY similar to SMOG. And who doesn't like dragons? So I think this Solana memecoin is likely to skyrocket, so getting it in airdrop is absolutely great oppurtunity!
BorpaToken - https://zealy.io/cw/borpatoken/invite/GkVCROCoRRKmaauguHUnr
Community for another memecoin - and You know how much they can pump sometimes (or be zeroed...) with simple tasks like liking twitter posts and reaction on their Discord server.
HoneyGain:
https://r.honeygain.me/MACIEC06C9 - with that You can earn money by simply renting your unused internet connection! This refferal link also gives You 3$ starting bonus.
Pawns
https://pawns.app/?r=2712904 - another app like HoneyGain, which can be run alongside it, why use just one when You can use both? This refferal link also gives You 1$ starting bonus.
GetGrass.io
https://app.getgrass.io/register/?referralCode=6G_6Kua7D9A6yGI - app similar to the previous two, but... instead of cash it gives You points for AI-related cryptocurrency airdrop (and later just these coins) - that project looks good to me, and considering how hot of a topic is AI currently it may get quite big value! It has also great refferal program and after using it for 100 hr You'll get big bonus from using that link.
Freebitcoin:
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Cointiply:
http://cointiply.com/r/RDepd
RollerCoin:
https://rollercoin.com/?r=k3s3kraw - a crypto mining simulator, which actually works. You can mine BTC, ETH, BNB, SOLANA, MATIC and more. Also get a 1000 satoshi bonus for registering from that link
Timebucks:
https://timebucks.com/?refID=216078102
Exchanges(and alike):
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https://join.swissborg.com/r/maciejLYZX make a deposit worth 150€ and receive from 2€ up to even 300€ in exchange currency
https://www.binance.com/en/register?ref=UVN9AF39 - with 5% Commission Kickback Rate for You!
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