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Monday, January 29, 2018

Rebalancing Crypto Investment January 2018

Bitcoin is moving side ways this month. Due to last month high volatility, I decided to ignore last month price and put it half way between the price this month and two months ago.


Take aways:

  • Ignoring last month highly volatile BTC price, BTC-based investments, such as BTCPop is gaining led by ETH price gain. Unfortunately, we have to sell some BTC, because:
    • to fund home repair. It is rare to have a profitable investment while being very liquid at the same time.
    • To balance our portofolio to have less crypto speculation and more predictable micro finance
    • BTC is boring this month, while ETH is gaining.
  • Bitbond and Euro-based Bondora, Twino and Mintos are profitable as usual.
  • Goldmoney is gaining this month, probably because of boring BTC.
  • Amartha is losing due to weaker IDR.