The great DCA experiment - report VII (week 16-18)

Do repost and rate:

Now I'm finally not late (well... more or less, kinda dependent on time zone as where I live there is slightly after midnight) but this again wouldn't be long. I still have those projects to finish, and continuing current semester on my university depends on it. Also I decide to NOT include today's purchases in my current portfolio value. Also about time I will publish next report I will probably also publish a summary of my entire crypto portfolio. If You are just starting trading crypto then perhaps it can give You good start as I will also include short summary of my history in crypto trading.

Also if You don't know what I mean and what this Great DCA experiment is You can check out the introductory post. (Also remember it's not financial advice - You are the only one responsible for Your own finance and any risk You take!)

Base investment - BTC and ETH - and current portfolio value

For now BTC was kinda going sideways(so those who said it will bo swiftly to about 70k$ weren't exactly right), while ETH is hitting next ATH and didn't slow down lastly, at least on daily chart. But as usual I'll buy both. And for now as You could probably guess ETH is currently bigger part of my portfolio than BTC. To be precise bitcoin makes just 27,8% of my portfolio (~31% in last report) while ethereum makes 30,65%(more or less the same as in last report), what means altcoins make up 41,55%(comparing to 39% in last report).

As You can see despite a big increase in Ethereum price still altcoins made bigger impact, which should mean my portfolio did increase it's value a lot. And it really is so. In the last report, I had 240€ of profit and now? Now it is almost 360€, so about 50% more! That's huge. And although I know in some time this profit will decrease I expect it to become even bigger in the end. If the experiment I was inspired is any indicator I could make about 5-6 times as much as I invest. And now my profits are still below 100%, as I invest 510€ (with today investments it will be 540€). And what make this big profits? First of all Solana, on which I get slightly over 400% gain (yeah, You read it correctly from my 20€ invested in that coin I now have ~107€), next is Luna with 200% profit, and BNB and ENJ doubled their value (which mean 100% profit). It's worth noticing all those are the coins which I bought twice. The other with has similar level of profits is AVAX (with ~80% profit). As for the other coins I bought twice MATIC made some decent profit too, but it's "only" ~35%... and for STX is actually about 10% loss. I also have loss on COMP and ATOM, but those are smaller than 10%. Rest of the coin have profits but somewhat smaller than AVAX. 

New Altcoins: ATOM and MANA. More accumulation of STX

So this weeks my purchases weren't always exactly on weekends, but it doesn't matter much. And as I said I didn't include this from today for talking about my portfolio. 

As I said I make these last 3 purchases on not exactly regular basics (but in the long run it doesn't matter, it's still on average one purchase per week, even though I skipped one) I will refer to them normally. Also, my analyses weren't perhaps so in-deep as they should, considering the limited time I have.

First of all in 16th week I bought more STX, as I recently said, despite now having slight loss I still think it is promising an I like the idea of this token (bringing more and better use for BTC). Also now I have exactly 10 STX in this DCA portfolio (and second 10 outside of it... though I will rather hold it anyway).

And in 17th week I bought ATOM. This coin was on my mind for some time already it's solutions brings a lot of usability and value... though now mainly for other tokens as it has great blockchain giving many possibilities, it doesn't have many mechanisms which would help it to increase its value when other coins use it's achievements. Which is kinda sad but still means it's fundamentally a very good project and surely one worth supporting! (and as I said at least once it also matters to me when choosing the next altcoins for purchase)

For 18th week I couldn't decide... eventually, I decided to buy some MANA, token of Decentraland, a great virtual environment, one of the biggest and most established metaverses, which recently got a big increase and now is correcting. Metaverses become quite a big trend now, and this one may be one of the most promising.

Reasons for change in portfolio summary

As You probably noticed I decide to NOT include my most recent purchases in the portfolio summary why is it so? Because the more I think of it the more I think it actually makes the summary more relevant. By more relevant, I mean that it is less showing which coins are good performing. As some of them just get new entry points, which may somewhat hide how well (or not well) was a coin performing in previous weeks. 

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