Welcome to the monthly review of my token portfolio, it's already the 5th post where I provide an update of the interests received, the services used and the transactions performed. This post tracks what happened in June.

Crypto interests received in June

I received 307$ of interest (including crypto interest, browsing interest, Publish0x payments, and any kind of promo code or referee bonus) from the following sources in June:

• 67 BAT from Brave from ads and referee bonus
• 30.91 USD from CredEarn as interest on my BAT and ETH
• 522.5162 CEL from Celsius Network as interest on my BTC, ETH, CEL, DASH, USDC and USDT.
• 0.00221 BTC from Celsius Network as promo code and referee bonus
• 0.79 XTZ from Binance as staking reward from XTZ.

As the interests received by the portfolio are mostly payed in non-stable crypto, and in particular in CEL, the evolution shown by the following diagram does NOT depict that the portfolio monthly interest is decreasing.

The main reason is that the value of the CEL token is currently going to the moon. This might be due to the current round of private equity investing handled by Celsius Network.

Transactions realized in June

I stated in previous posts that I wanted to use the 13612W filter to measure momentum of crypto assets and rebalance monthly like I'm currently doing for traditional financial assets. After a few months of practice, I realized that this way of proceeding is probably not very good in this particular case. The main reason is that it might be too slow to react properly to the usually very high volatility of this asset class.

While looking around for something better and as I was trying the TokenSets DeFi service, I've found an interesting strategy based on the RSI indicator: ETH RSI 60/40 Yield Set II. This strategy rebalances daily between ETH to Compound USDC as soon as the RSI of ETH goes below support at 40, it rebalances back to ETH as soon as the ETH RSI goes above resistance at 60. The 1-year (actually 6 months) results of this strategy are very good compared to a HODL strategy:

So, I decided to try to implement an equivalent strategy with the following differences:

• It should be applies on all non-stable and available tokens of the portfolio instead of just ETH
• It would go from non-stable tokens to stable tokens in the wallet returning the highest interest without locking the tokens.
• It would go from stable tokens to non-stable token by diversifying between non-stable tokens as long as they return some interest without locking the tokens. To decide on which non-stable token investing, I plan to still use the 13612W rolling momentum filter.
• It will be implemented manually instead of automatically, so I may apply a small timing buffer before rebalancing depending of the assets.

So with that being said, here are the list of transactions I did in June:

• Converted 751.23 XTZ to 1962.72 USDT on Binance and moved them to my Celsius Network wallet. If I must say that I was a bit disapointed by the staking rewards and performances of XTZ in June, I'm still keeping it in my watching list. 
• Converted the 8.42 ETH and 0.79 BTC I had in my Celsius Network wallet to 9156.76 USDC on Binance and moved them back to my Celsius Network wallet.
• Converted 6.95 LINK and 65.55 BAT to 37.99 USDC on Uphold and moved them to my Celsius Network wallet. For LINK it was because of RSI, for BAT, it was simply a bad decision.
• Converted 30.91 USD into 117.02 BAT on Uphold, moved them to my Argent wallet and used Compound to gain interest on those BAT. The interest on Compound seems very high (currently 13.73%) and the momentum of BAT is fairly good, so I decided to try it. Currently, most of my BAT are still locked on CredEarn until September at 6%...

Evolution of the portfolio in June

The portfolio started June stable, then XTZ/BTC/ETH started to decline and I activated my rebalancing strategy to USDC/USDT as soon as the RSI went bellow 40. CEL followed them a bit later but I decided to wait a bit more before rebalancing it. I was actually very lucky on that one as CEL then started an incredible run until the end of June.

CEL basically doubled during June (after doubling during May) while XTZ/ETH/BTC didn't move much after my rebalancing. So, the current composition of my portfolio is the following. I was already scared last month with CEL at one third of my portfolio, now it is half...

Regarding the comparison between invested capital and current portfolio value, the situation is very good. With around 23K invested, the profit is currently around $17K, $5K of which are coming from crypto interests.

Conclusion

I hope you liked this update, I changed a bit the format and phrasing, so feel free to tell me what you think in the comments. On my side, 

• I'll try to track daily the RSI and 13612W indicators of all the asset in my watchlist to perform the rebalancing as described in this post.
• I'll also track the BAT interests of Compound to see if I like this service.
• But mostly, I'll track the evolution of the CEL token which might go down as quickly as it went up.