Cryptocurrency Portfolio Update: Performance and New Investments

hello everyone um welcome to the next episode of my cryptocurrency series in english

so uh back in september 2020 uh when i started the series i shared in episode 2 i shared what is my

cryptocurrency investment what is my portfolio look like what is my what are my top 10 cryptos that i have invested

in why have i chosen those cryptos and i kind of explained the rationale behind

it so today we'll be looking at how those cryptos have performed in the last you

know three or four months where they're sitting today and what kind of performance that

they've had what kind of growth that they've had also we'll be looking at people who've

been following me on twitter i uh you know share some information with regards to the new cryptos that i buy

and also in some of the episodes so today we'll be looking at uh what i have not shared so far in youtube in

terms of the new cryptos that i bought in the last few days or weeks and how they have been performing and why i have

bought those new cryptos and why i have invested in them but before we get on to the video the

disclaimer again is that you know i am not a investment advisor i'm not an investment expert

or a crypto expert for that matter so i have explained multiple times in this video that i started learning a lot of

these crypto investment concepts that i've been explaining

back in uh in the beginning of last year in january 2020 and that's kind of you know when when i

spent lot of time uh weeks and months spending time to understand all of these concepts

i i was wondering you know if there was a way that uh if it was explained to me much quicker

so which is kind of what i wanted to do with this video series that you know whatever i have learned whatever i have

understood as per my understanding i wanted to share that learning with everyone

through this video series and that's the main intent of the series so definitely do not take my word for it as

a financial advice or an investment advice do your own research this is only a learning process this is

the process that i'm explaining in terms of you know how you can safely buy uh own and sell your own

cryptocurrency without depending on anyone so that's the intent of this videos now let's get

into the video so this is what i had shared in uh in

back in september 2020 when i had uh you know listed on what are my top top crypto holdings so link and zab

obviously are still my top crypto holdings and they are basically the oracle coins like i

explained what oracle is in my episode one and episode two um so obviously the adoption for link

has been much higher zap is still yet to see that kind of adoption but still that kind of forms my top two

cryptos even today and probably you know close to 50 percent of my portfolio is made up of these two i

would say but um you know lrc is still sitting at my third top portfolio

cro i've already explained in multiple videos separately so we'll probably not talk about it in this video

um so i will be talking about the rest of the videos and xrp we have again covered it enough in in multiple videos

in multiple episodes specifically dedicated xrp so we'll take a look at and obviously i

am not buying any new xrp like i said i bought it only two years back and there was a special holdings that i

had bought is a historical holding before i understood a lot of these crypto investment concepts so

we'll be taking a look at all of the other uh cryptos and i had explained why i had bought all of those cryptos like

eng for example the gaming coin that is backed up by uh samsung and

data how it's uh you know having a good reference point and strong business case behind it

so obviously all of these had a strong business case behind it there was a strong technical team working behind it

so what is happening to the values as of today so on 22 september i've kind of captured

the price reference point in terms of you know what the pound value is you can go to

uh any cryptograph and you can basically look at what the price is and that's basically what i've done

taken the price and all of these i'm comparing first with current date and then we'll also look at you know what

are the peak prices from that point till now so link obviously has performed really well

you know from about 6.60 pence that day uh on 22nd september to today uh 23rd of january when i'm making this video

sitting around 18 pounds with 46 pence so in indian value roughly it went up from 650

50 rupees to about 1843 rupees which means that it's 270 percent in terms of the value

today so if you had invested thousand rupees um in in link for example

you will be looking at 2770 rupees in total so 277 percent will be the value today uh if you had invested 100

000 rupees it will be like 277 percent of that value today that's the

that's the percentage that i'm showing there so obviously everything has done really well storage

obviously is probably the least growth uh in terms of today where it's sitting but we'll also look at you know

had it gone higher during the peak price but uh engine coin for example

recently it had a very good growth so you know it was sitting around 10 rupees when i had posted the video now it's

sitting around 30 rupees so 10 pence to about 30 pins so again if you had invested thousand

rupees you know you were probably looking at 3000 rupees so you invested let's say one lakh you are at the moment

you're probably having like three times that money about three lakhs in hand right now so that's the kind of growth

that these cryptos have had during this period lot of other cryptos have also had phenomenal growth i am not

denying it there were several other cryptos including bitcoin obviously there are several other growth

um cryptos that were backed up by a strong technical team that really grew with but some of the

scan coins that i talked about especially in my episode five and six i think

they have literally stayed flat and they have not increased even during this bull run that's the

reason to back up some of the coins with strong technical team and a strong use case behind it

so obviously when we look at the the lowest price point so when i posted the video that was basically in the bear

market you know it was in the bull market it was when prices had gone down and

purposefully i chose the time to post the video during that point of time so anybody who's starting to invest

will see these low points in time where they can put money into it and it's only going to

go up higher it's the expectation that i had so obviously uh you know link for

example when i posted it the very next day it went down to about 600 rupees and today if you compare it it's more than

300 percent and zap obviously went down to about you know three rupees 50 pence in november in a couple of months after

i posted it and on second december within a month and actually grew up to about you know 12

rupees nearly 11 pound 90 pence i mean 11 pence basically so it was 337 percent uh 331 percent and lrc um obviously it

went down to roughly about nine rupees and uh in a couple of days back it was peaking

around 33 rupees which means that uh if we had invested one lakh you were probably

looking at 3.7 lakhs in lrc if you had invested at the lowest point and if you had got at the highest

point obviously this is a reference point nobody could have invested at the lowest

point and got it to the highest point just a reference that i am giving in terms of the growth that these coins

have had actually banned an fet i had kind of mentioned it in my episode 11 on

november 22 21st apart from these coins those are the new coins i had bought those are also currently from that point

onwards to where it stands today uh they have also done uh

recently decently well so if you invested thousand pounds thousand rupees you probably looking at thousand four

hundred and sixty rupees so if you invested one lakh for example you would have got a forty six thousand

return of investment on top of your investment and fetch if you had invested 1 lakh you will have a 73 000

rupees investment i mean return of investment on top of it this is in a span of

two months so you know you are practically looking at you know 46 percent or 73 percent return of

investment during that point of time which is on top of your 100 investment

again if you take the lowest to the highest peak points basically we do this comparison to

understand if there is value in this project or not not just to gloat that you know like i have mentioned

about this project and has actually gone up higher um by doing this you kind of understand

okay yes there is a value in these projects which is one of the reasons why in a

bull market when there is a real blockchain there is a real project it actually goes up banned and fed

obviously from its lowest price point after i had posted you know uh

banned at 24th of december and fitted 9th of december they were at lowest price points you know it had come down

even after i had posted it and that was like the perfect dip to buy those coins and they had gone up

more than 200 percent in terms of the total value on 22nd uh december i posted a a note in my tweet

in my twitter account i tweeted about a coin called injective protocol inj and i said that that's i'm actually taking a

position a small position injective protocol i explain why i'm taking a position in

injective protocols because they are tokenizing shar trading basically you know for shares like

apple and twitter where you can't buy those shares from anywhere in the world you know they're restricted to the

certain regions like for example in india you can't buy some of the shares listed in

new york stock exchange or london stock exchange and they are tokenizing it to enable people to buy those kind of uh

shares basically so what happened to injector protocol was you know when i had tweeted

um on 22nd of december it was roughly sitting around 250 rupees and today it is setting

around 23rd of january within a month's times literally less than one month's time i mean or

about a month's time it's sitting at around roughly uh 266 percent in terms of total value so

it went from 250 rupees to about 664 rupees which meant if you had invested 1 lakh you're

probably sitting at 2.6 lakhs in total in a span of less than one month or around one month range

so why did it go up or why did i particularly choose the 22nd of december so i will explain that but before that

we look at some fundamentals with regards to you know how do i buy or when do i decide

that i want to buy people often ask me in twitter and everywhere that when you decide that is the right time

to buy a coin and i often say that i don't buy when it's actually going up i wait for a dip because when the coin

is really doing well and it's continuously going up you know there is in my opinion or my understanding and my

um you know analysis that i've seen so far in the last one year i've always seen

that there are dips which which is technically called as a retrace a retrace point

and these dips are probably the perfect opportunity to buy these coins which have a good value and they are actually

going up and you can see that they are going up and you expect that it is going to go up

but it's basically a judgment call i mean if you look at this graph for example i just drew a

rough example where you know it could be a dip uh where it continuously you know

dipping and then picking up again and but it might be reaching a highest peak and from that point what's

happening is practically not a dip but it could be a big crash like 2018 where you know it took nearly about

two years for it to recover for example when the big crash of 2018 happened bitcoin was sitting at around

roughly you know twenty thousand dollars are not about to touch twenty thousand dollars

and it dropped down to less than three thousand dollars huge drop in value uh most of the coins had and if people

had actually bought at the peak of it um you know they would have probably lost a lot of value and they would have

had to wait for nearly two years before they can even break even in some of those cryptos for example

even bitcoin for that matter so that's why you don't know whether it's going to be a dip or whether it's a

big crush but at least if you start to buy the dip you know you're not buying at the

highest peak so that's one thing that you are making sure that by not buying when it's

actually peaking and waiting for a dip you're at least making sure that you're not buying at

the highest peak but no one can time the lowest entry point or the highest end

exit point if somebody says that i bought uh cryptocurrency at the lowest

um you know price on the on i i exited out of the crypto at the highest peak then they're practically lying in us

because it's really impossible to predict what is going to be the highest peak so

the the objective is to make sure that you are entering at a point which you think in your mind is a good

by judgment call is a good dip and then um if you are satisfied with the with the

gains start realizing some of the profits i explained how to realize some of the profits in my

episode 15 um which is why i kind of you know take my profits and i am always prepared for a 2018 like

crash if it crashes like the you know beginning of 2018 when all the cryptos

nearly lost like 80 70 of its value i am prepared for it because you know what i explained in

episode 15 i keep realizing my profits so if it drops down in value i'm not going to

sell it i'm going to hold it till it gains back in value and i'm able to do that because of

the fact that i'm i'm continuously realizing the profit so keep some goals in mind like for example if you invested

one lakh and sitting at two lakhs or more than three lakhs and you don't realize any profit and

then it suddenly falls to less than one lakh right you're sitting at a loss and you would have seen a lot of paper

profits it will be really really hard to take it at that point of time so make sure that when you're exceeding

when you're starting to exceed 100 plus in terms of profits make sure that you start to realize some profits it's

better to realize some profit than to uh you know think that okay you know it's going to go up and what if it

goes up i'll be missing out on opportunity it's better to miss out on an

opportunity than to see all your paper profits completely wiped off so

i'm not asking you to complete i mean i don't completely sell off the asset but at least i start to take my

profits from it so i have realized profits from every crypto and not just sitting on a paper

profit scenario so for example when my cryptos have done 300 400 i definitely make sure that i am realizing

some of the profits from it so that i am prepared when my crypto are going to face a scenario like the 2018 crash

then i can actually handle that and i can wait for even if it takes like another two years to recover

like it has happened with the 2018 crush i can wait for it so you know have some targets in mind and

only then you will be able to work towards otherwise you know you'll be always thinking that

what if it goes up higher what if it goes up higher and you will end up not selling anything

by the time that it actually starts to crash it could be very quick that you might end up you know wiping out all

your paper profits within us within a flash because you didn't actually realize your

profits so injective protocol why did i buy it on the 22nd right same concept the one that i explained

this is a perfect example so when i decided to buy the injected protocol it was somewhere around the 14th or the

15th that i actually looked at the protocol looked at the objective that they are doing

and it was actually going up at that point of time and 16th it had actually peaked you know it went up to about two

hundred and seven to three rupees in indian value and it was actually peaking it was around roughly about 2.7

depends at that point of time and um i had decided by the time that i'm going to buy it and i was waiting

for an opportunity waiting for a retrace where it if it falls down in value then i'll buy it and the redress

started happening around the 18th or 19th and roughly around the you know it was from about you know

153 rupees it went up to 273 and roughly around the 20th or 21st december it was you know coming closer

to the 200 rupee mark i kind of expected that it will probably not go below the 200 rupee mark but

again that was basically a best guess estimate at this point judgment call i would say at that point so

i decided to enter at the uh roughly around the 21st mark and i tweeted on the 22nd when i started

looking at it and started slightly going up and that was kind of the dip that i had bought

so if you look at it it had gone up to 273 by which time i decided i'm going to buy but i bought it at a dip

and you can clearly see that multiple times it has had dips you know it had gone up to 350 degrees

come down to 300 rupees you know it had gone down to about 337 rupees and again come down to the 200s

basically you know you will any uh decent crypto when it goes up it doesn't always go up in a straight

line i mean if you look at it and if a crypto always went up in a straight line

without these retraces or dips then it's probably you know an exception scenario and not something normal normally most

of the cryptos if you actually look and closely observe the graph over every day it has a dip or it has a retrace point

which is probably the good point to enter so kind of opened up a poll where i'm

asking for your opinion in terms of the next topics that i should cover because the people

have given me a lot of topics that they are interested to see and i kind of wanted to rank these topics

so that's easier for me to prepare the content because it takes me like almost a week to prepare each of this content

and i wanted to make sure that i prioritize my content so that it's it's uh

it's in the right order as per what the audience want us what the viewers want so pi coin

obviously i spoke about it in one of the videos but i had to remove it um so the update and valuation about it

uh binance people have asked for a detailed demo i've shown a little bit of demo in

episode 15 people are asking for a detailed demo so probably do one detailed demo of

binance like i did for other platforms bit true how to use the vip powerpiggy program and the btr lockups

probably people asking for a detailed demo there as well usdt the warning that i wanted to give

in terms of why you shouldn't be holding the desert stable coin and you know the the fundamental reasons behind uh you

know why it could probably be a bad idea to hold your assets in usdt

or hold balances in usd i i said you can trade using usdt but why it's a bad idea to hold your

balances in usdt and again loopering um the version 2 and the zk roll ups is probably a bit too technical

but at some point i probably want to cover that as well and

related topic is the non-custodial wallets and the defy uh decentralized finance liquidity mining

um it's not that easy to do the liquidity mining but i probably want to cover it at some

point of time people are interested and again best alternatives for coinbase to withdraw

money to your bank account in uk and that's probably uk specific because you know coinbase sometimes

uh might are saying that you know you can't withdraw it to the particular bank accounts

so um another topic is the alternatives for xrp to transfer between exchanges like i've

kind of explained xlm is one option but i wanted to probably you know give like four or five options and explain why

and then um one topic that probably i had in mind is the top five investing tips you know most of the things that

we've talked about but i wanted to kind of collate it and probably you know just make sure that

these are the these are my top five my investing tips that i would say that one must pay attention so i want i've

created a poll already so um if you can basically you know vote for

what you want and i think currently the top five investing tips is leading so you know make sure that you go on and

vote your if you want one of those topics and vote for it and uh i'll prioritize based on the the words

that uh these options have got or these topics have got so hopefully this video was again useful

for you and you know do post your comments until next time thank you bye