Hi once again,

Hope you guys enjoyed your holidays and took some well deserved time off, I sure have. With corona still ravaging the world, the market seems to be in a very unstable state. In perspective this project is still very much in profit, compare it to at the start of $1.000 and it's doing good. But most people, me included only look at what profits there could have been. So in comparison to the portfolio's ATH of $6.000, it feels a bit more rough.

Don't do this at home, or do, more than likely don't.

Table of current value:

Let's look at the table!

That is a great deal of red. Every single token in this portfolio the past month has seen a decrease in value. Biggest dip was over the last seven days. Memepad was the worst hit when considering how much value it had, it's still in profit but only 17%. Kuma and Dogelon Mars are also in large profit which is keeping the portfolio afloat. Everything else is in the negative and as an investment, a loss. 

Something I noticed I need to do is migrate my safemoon to its new contract, doesn't seem to be doing anything new other than removing three zeroes. Hurray!

Statistics 

Allocation

This is how the allocation looked for all the assets during last month:

This is the currenct allocation for the month of January:

Dogelon Mars have grown to be more than half of this portfolio, a bit scary as if that fails, the entire portfolio does. Kuma dropped 7% allocation but is still a major part. dog coins for the win. Memepad lost half of its allocation hitting 6%. Everything else is sub 4% holding a total allocation of 16,8%. 

Best/worst perfomer

This section haven't changed much in the past 2 months. Dogelon Mars is staying ontop with Cashcow sleeping at the bottom. I still have to fix the percentage for Cashcow as Coinmarketcap doesn't follow its listing anymore, I just wished that Coingecko's portfolio tracker had a better chart and the best/worst comparison so I can avoid Coinmarketcap altogether.

Chart

The tumble downwards continue! The shitcoins follow the trend of the general market but way harsher from my experience. Not too much to say other than with the general worry of the world, the market feels the same. I hope we can get just as big of an upswing as we did back in autumn of last year.

Comparison

Now this part is also starting to get interesting. Apart from Dogelon Mars and Kuma, every coin here apart from Bitcoin was a better sounding investment. As a whole, the portfolio is on par with Elrond. One thing all of these, fairly safe, coins have in common is that the dips haven't affected them as much as with the shitcoins.

Shitcoins seem like an easy way to make money while the market has a positive outlook. When the market dips or bears arrive, the shitcoins are a dangerous investment. I can only speculate how things will go right now, I feel like we'll see the results once the market starts showing mostly green all around again.

Thank you for reading and remember, don't buy shitcoins, or do. They seem to be better than gambling.