Welcome to the monthly review of my token portfolio, it's already the 4th post where I provide an update of the interests I got, the services I used and the transactions I did. This post tracks what happened in May.

Interests received in May

I received interest (including crypto interest, browsing interest, Publish0x payments, and any kind of referee bonus) from the following sources in May:

• I received 10.70 BAT from my browsing with Brave
• I received 3.86 BAT and 51.92 LRC from Publish0x as earnings on my blog posts
• I received 30.9 USD from CredEarn as interest on my BAT and ETH
• I received 777.22 CEL from Celsius Network as interest on my BTC, ETH, CEL, DASH and USDC.

As the interests are mostly payed in non-stable crypto, and mostly in CEL, the USD value of the interest are fairly volatile. For example, the interest value in November 2019 was around $110 at the time I've received them and is now close to $600...:

Transactions realized in May

• Donated 1850 CEL tokens to a friend
• Deposited 8 new ETH in my Celsius Network wallet
• Deposited 0.11662 new BTC in my Celsius Network wallet
• Deposited 386.78 new Tezos(XTZ) in my Binance wallet. I did an analysis on staking with Binance and found out that it was fine for my needs where I want to gain interest without fees AND potentially be able to re-balance quickly into stable currencies earning interest when crypto is tanking. XTZ is constantly one of the crypto currencies with the highest momentum, it has a very low correlation with BTC and its staking earns between 6 and 7% per year.
• Sold 1000 USDC to purchase 362.35 XTZ in my Binance wallet.
• I reinvested the BAT and LRC I received from Brave and Publish0x as XTZ on Binance 

• I reinvested the USD received as interest into LINK earning 3% APY on Credearn. LINK was also constantly one of the crypto currency with the highest momentum since I monitored them, so I'll probably add more on that position in the future.

Evolution of the Portfolio value in May

The portfolio trajectory looks parabolic in May gaining almost $10K:

This is due to various factors:

• Overall good momentum of the selected tokens
• Around $3.5K new investments during may
• Crazy evolution of CEL, the value of the token has basically doubled during may (from 0.12$ to 0.24$). So, that's a very good thing but the consequence is that CEL tokens are now close to one third of the overall portfolio. This is a lot and a bit scary, I'll try to monitor and reduce the exposure as soon as it starts tanking.

• The portfolio value is now higher than the invested capital + interest by more than $5K which is very nice knowing that the portfolio value was lower than the invested capital + interest by around $1K the first of May...

What's next ?

• I should receive my first staking interest on Tezos tokens from Binance in June.
• The overall interest should increase in June but this is highly correlated to the value of the CEL token.
• I'll monitor the evolution of the portfolio carefully using the 13612W momentum filter and I'm looking as well at the RSI. If those indicators go down, I plan to re-balance to stable coins as fast as possible everything that is not locked.
• I may continue investing in LINK if the momentum is still high.