Crypto portfolio update 2-12-2018
Hello crypto community, and thanks for following my crypto investing experiment on Steemit! This weekend I re-balanced my portfolio. I dumped XRP due to the high circulating supply and association with the corrupt banking systems of the world. I dumped TRX and XVG because I do not like what I have seen since I invested from the management teams and the whitepapers seemed weak. I elarned a bgi lesson here from my mistake of investing in those coins without doing research.
From a satoshi perspective, I chose a good time to switch out my XVG,TRX, and XRP and increase my position on an alt coin I see a very bright future in: Po.et coin. Right now it is at $.06 USD value from its ATH of around $.21 USD. I have roughly 2,400 POE and I will try to accumulate more during this dip in the overall market.
Speaking of the overall market, I think the next few weeks will bring some red. The current uptrend I feel is a bull trap, and I am increasing my positions little by little each week. This was my strategy regardless of bear or bull trends, I imply don't have a lot of capital in crypto right now and it will require a year of small weekly deposits for me to have any sort of significant amount. My next goal is to buy a nano ledger S as I get more capital into this space; I don't trust the exchanges. When I went on the official site right now they are on pre-order until March 27th, so that was disappointing to see as I won't be buying it from any other source. That's it for this week, keep your hands strong and #hodl wisely my friends.
Resteem, like, and comment if you value my content.
Cheers!
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