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Wednesday, January 25, 2017

Rebalancing Bitcoin Investment January 2017

January sees small BTC price gain. However, not all BTC investments gain profit due to default loans during holiday seasons.
Highlight:

  1. Most BTC-based investment has modest gain, notably BTCjam and BTCpop. Bitbond suffers default loans, while BitLendingClub is closing. So, we move funds around to minimize loses.
  2. EUR-based investment are stable, notably Mintos, Twino and Bondora. We rank Bondora to the bottom because it allow loses, while income-tax code does not deduct loses.
  3. Amartha has modest gains to due stronger EUR againts IDR. We invest this month triple than usual to it.
  4. Gold price is gaining this month on GoldMoney. But, overall gains cannot offset conversion cost and fees.
  5. Freebitco.in stills trickling satoshis out. So small, but partially help transfer cost while I move funds around.
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