PermaCryptoFolio Weekly Status Report 31/2017 - Bitcoin Cash replaced Bitshares BTS in NEMO portfolio
Hello Steemit,
welcome to weekly status report 31/2017 for STEEM exclusive PermaCryptoFolio experiment.
Let's have a look at the current Top 30 Crypto Currencies first. The Bitcoin Cash fork entered directly at the top 3 and is now on rank 4.
Development of the portfolio values in US Dollar compared to a pure Bitcoin investment (orange line). For better comparability value of ARIELLE portfolio is multiplied by 3. The Bitcoin and Altcoin crash affects all 4 portfolios.
Development of the portfolio values in Bitcoin compared to a pure Bitcoin investment (orange line). For better comparability value of ARIELLE portfolio is multiplied by 3.
Development of the relative performance of the top-8 Altcoins since the beginning of the PermaCryptoFolio experiment (September 1st 2016).
The DORY Portfolio
See below the current state of the DORY Portfolio. As mentioned last week, DORY sold the Bitcoin Cash and reinvested them into Bitcoin.
I have already submitted the next orders for DORY into the Kraken orderbook.
The NEMO Portfolio
See below the current state of the NEMO Portfolio. As mentioned last week, NEMO sold the Bitcoin Cash and reinvested them into Bitcoin. Also Bitcoin Cash replaced Bitshares BTS.
Note that NEMO can not invest in IOTA because this coin is not tradeable on Bittrex. Bitshares BTS will stay in NEMO as long no other altcoin is able to climb to rank #8.
The FLIPPER Portfolio
See below the current state of the FLIPPER Portfolio. The free Bitcoin Cash were reinvested into the portfolio.
The ARIELLE Portfolio
See below the current state of the ARIELLE Portfolio.
Disclaimer
Thanks for these updates @twinner! I've just made a point about "Coins, tokens, assets and currency; all cryptocoins are not created equal" where I conclude:
I think you should take a look at your portfolios, and perhaps make some changes based on the separation between currency technologies and tokens.