Your very own crypto-currency fund

in #bitcoin8 years ago (edited)

Although Bitcoin ETF did not pass nothing stops you from creating your very own crypto-fund.

I created my crypto-fund in the middle of December 2016. I bought Bitcoin(BTC), Ethereum(ETH), Dash(DASH), Library credits(LBC), and Steem tokens(STEEM). Percentage wise my fund have 60% Bitcoin 20% Ethereum, 10% Dash and equally 5% Library credits and 5% Steem tokens.

In march 2017 I additionally bought Swarm City tokens. Now my fund also have around 5% of Swarm City tokens.

My fund has both coins that are on the market for a long time like Bitcoin and Ethereum. Additionally it has Dash that is a newcomer to the crypto world but has a lot of growth potential. 15% of my found consist of high risk coins. Those are LBC, SWT and STEEM. Library competes with YouTube, Swarm City with Uber and Steemit with Facebook. YouTube Uber and Facebook have market value of more than 500 bilion USD. Library, Swarm City and Steemit solve many problems that their centralized competitors have and give more incentive and money to their users, content creators and workers. Because of that their crypto coins have great growth potential that can surpass it's predecessors. It is possible that 1 USD invested in any of those companies can give 100 thousand USD in a time period of 5 to 10 years.

Crypto fund like this is safe and creates profit most of the time. If one crypto currency is not increasing it's value another one does. It is a very convenient way to create way to create a passive income. I personally make way more money from my crypto-fund than from my regular 9 to five job.

During last 3 months Bitcoin went up 35%, Ethereum more than 300%, Dash 800%, Library credits 400% and Steem tokens went few percent down. No other fund can generate such great profit.

If you create a crypto-fund like this I'm sure you will make a lot of money in years to come.

Best regards.

CryptoMaster.

Sort:  

Interestings thank you for postings. Apologies for my naivete. But when you say crypto-found, do you mean Foundation? This is interesting, but i may lack the understanding to fully appreciate.

I meant by this something like mutual fund, sorry for my typo.