Current Crypto Portfolio Update and Liquidity Mining Strategies
Overview
In this video, the presenter shares an update on their current crypto portfolio, highlighting new tokens purchased in January 2023. They also discuss liquidity mining strategies, particularly on Uniswap, and provide insights into the performance of various tokens over time.
Key Points
- Portfolio Update: The presenter discusses their current holdings and the new tokens acquired in January 2023, responding to frequent viewer inquiries about their investments. For a deeper dive into the performance of their portfolio, check out the Cryptocurrency Portfolio Update: Performance and New Investments.
- Historical Context: A brief recap of the tokens mentioned in earlier videos from 2020 and 2021, showcasing their price performance and the importance of choosing projects with strong fundamentals. This ties into the insights shared in Cryptocurrency Investment Insights: Analyzing Beltex, Tron, and Dogecoin.
- Investment Philosophy: Emphasis on the significance of conviction in investment choices and the necessity of conducting thorough research. For those interested in understanding the broader landscape, the Understanding Decentralized Finance (DeFi): A Comprehensive Guide to Earning Opportunities offers valuable insights.
- Token Performance: Analysis of tokens that have performed well and those that have not, including specific examples of significant price changes.
- Liquidity Mining Strategies: Detailed discussion on liquidity mining, particularly on Uniswap, including the importance of gas fees and timing for maximizing returns. For a more comprehensive understanding of liquidity mining, refer to the Comprehensive Guide to Liquidity Mining on Binance Smart Chain.
- New Tokens: Introduction of new tokens and projects being explored, along with insights into their potential and risks.
- Diversification: The importance of maintaining a diverse portfolio to mitigate risks associated with volatile crypto markets.
Conclusion
The video concludes with a reminder of the risks involved in crypto investments and the importance of making informed decisions based on personal research. The presenter encourages viewers to consider their investment strategies carefully and to stay updated on market trends.
FAQs
-
What is liquidity mining?
Liquidity mining involves providing liquidity to a decentralized exchange in exchange for rewards, typically in the form of tokens. -
How do I choose the right tokens to invest in?
Look for projects with strong development teams, clear use cases, and a solid track record of performance. -
What are the risks of investing in cryptocurrencies?
Cryptocurrencies are highly volatile, and investments can lead to significant losses. It's essential to do thorough research and diversify your portfolio. -
What is the significance of gas fees in liquidity mining?
Gas fees can significantly impact the profitability of liquidity mining, especially on networks like Ethereum where fees can be high. -
How can I stay updated on my crypto investments?
Regularly check market trends, follow updates from project teams, and engage with the crypto community for insights. -
What are some recommended strategies for new investors?
Start with a diversified portfolio, invest only what you can afford to lose, and focus on long-term growth rather than short-term gains. -
Is it too late to invest in cryptocurrencies?
While the market is volatile, there are always opportunities. Conduct your research and consider your investment goals before entering the market.
hello everyone um so in today's video I'll be sharing with you my current portfolio and the
new tokens that I bought in January 2023. a lot of time I keep getting asked you know what's your current portfolio
and what are the new projects and you know asking me whether I've invested in this project to that project and I try
and post like a periodical update of what my current portfolio is what are the tokens I'm holding so and also along
with that I'll also be sharing some tips about uni swap strategies and like you know how to do liquidity mining in
research because it's a little bit different from an ethereum perspective to do liquidity mining as compared to
some of the other blockchains so as usual disclaimer and warning I'm not a financial advisor or investment expert
none of what I say is actually a financial advice or investment advice I basically make these videos only to
share the information and the learnings that I've acquired over a period of time and you do your own decision take your
own decisions based on your own research again you know I'm going to use an Excel today uh because I'm going to be sharing
the list of tokens today so it's going to be a slightly different format so to start off with if you look at the tokens
that I am holding right now these are the current tokens that I'm holding but before we talk about the current tokens
I just wanted to take a step back and look at what we shared when we started the channel back in 2020 and 2021 so
like in 2020 a lot of emphasis I had spent initially explaining what is crypto but at the
same time I was asked you know what are the projects that I'm investing in I gave a rational and from episode 2 to
episode three you know from the initial episodes I've been sharing these list of tokens and these were the low prices at
that point after I had mentioned them the channel or you know why I have investing and I gave the explanation as
to why I'm investing it and these are low prices and from that price point you can actually go to coin stats look at
the price on that particular day and look at the peak price and it's all there in the charts and all of these
tokens I had many mentioned in those videos in those episodes that I'm giving in the right sunshine column so these
tokens many of these tokens as you can see you know almost did almost all of them data 10 x from the point that we
talked about these tokens or from the point that I said I'm I'm making an investment in these tokens a few of
these tokens like you know wrxjrt for example went up by like you know nearly 80 times 90 times for example and many
of these tokens also went up like 20 times as well so um these are some of the examples as to
you know if you find the right project and with conviction if you wait on that project knowing that there is a strong
development team and knowing that there is a strong use case for that project in blockchain in crypto you can do similar
to what you can you know stock market that's what I had been explaining from the beginning of my videos and that's
what I wanted to share in today's video just just to reiterate the point that if you stick to convection and if you stick
to Basics in terms of choosing a project choosing the right team behind the project and understanding the crypto
that you are investing in then you can definitely make those kind of profits when the market return back into a bull
market so this all of this content we were sharing even before the 2020 bull market started but rightly so if you
look at the dates ah most of the peak dates were achieved in 2021 and the last 18 months from the mid of almost mid of
2021 to the end of 2022 in the last 18 months if you look at it a lot of these cryptos have been going on a decline but
even then many of these cryptos like you know for example BTR GRT link cro you know the price of atom for example when
we talked about it was about four dollars back in 2020. even today it is about thirteen dollars even though it
had gone up to 42 dollars it had gone up and it had come down drastically from that point it is still higher than the
point that we had originally talked about it in our videos except a few tokens like you know inj and so on which
are actually uh lower than the point that we had originally talked about it two two and a half years back
now some tokens haven't done necessarily that well so for the tokens below these are tokens that I have mentioned a few
times I have sold off completely but the tokens in the top the you know the top 10 tokens that I am talking about all of
those tokens are still in my portfolio even after two and a half years so my expectation is that the whenever the
mark begins to go on a bull run next time these projects have built even stronger use case x with the exception
of a few which we will talk about now which are practically these three tokens like copycat MF and zap these are tokens
that I'm keep getting a lot of questions they haven't done necessarily that well and if you look at the comparison
between the current price and their all-time high price from the point of their all-time high price they have
fallen nearly about 99 and you know very rarely a project can kick off from the point where it has fallen 99 from his
all-time height there are several reasons behind did copycat obviously is because there's a slow development team
they haven't necessarily followed up on some of their promises MMF we've talked quite a lot about it there's a lot of
bad decisions from the team hopefully the decisions that they've taken now will help them improve zap is again
another question that I keep consistently getting asked it was a great project it was it had great ideas
and it had a very strong development team initially when we were talking about it back in 2020 but in the last
one year or in the last 18 months the development team is completely non-existent the management team has
been absolutely incompetent and they are non-existent literally so that is where the project has slid down to this value
right now and if you ask me these are not the choices at this point these are not tokens that I would ask a new
investor to invest in although all of these three tokens I am holding the tokens right now I haven't sold it off
as a new investor if I am going to invest in these tokens these will not be in the top of my recommendations there
are only three projects in the entirety of what we've spoken about which I had to sell at a complete loss one is thorus
ago agoro token and World Finance they were not drug pools I mean one thing that will try and be very careful about
in our uh in in all the research that we do is to make sure that we don't have any tokens which are being Rock pulled
but these projects were at a point in time abandoned by the development team because you know they did not have the
will to move forward or you know they didn't want to move forward for various reasons as a result at that point they
had given notice to the custom ways that sell off all your tokens because we're going to close the project and we had to
sell those tokens there was no other opportunity no other option available for those tokens those are three tokens
where from the point that we bought those tokens it never actually went above the prices or it never had
actually achieved a profit from the point that we actually bought the tokens even copy Academy Memphis app from the
price point that we had bought it had at least you know gave given like a two hundred percent three hundred percent
profit at some points in time like for example copycat went from 0.22 to about 0.46 at one point and but it had a rapid
decline after that point when it was selected for binance labs accelerator for example but Taurus ago and Vex did
not have a run at all and these are like out of the you know uh 40 or 50 projects that we would have talked about in the
channel these are three or four projects which did not have any profit at all so while we are talking about you know good
projects that we have selected or good projects that we've talked about there is always going to be a bit of these
kind of projects where you know uh from a probability perspective there will always be a few projects which will not
give you the same return so there is absolutely no guarantee that after having done all the research if we are
still picking up some of the tokens it is going to give the same kind of results as the past performance there
will be some tokens like this which is why the volatility of crypto needs to be understood clearly and you know that
investing in crypto comes with a bit of risk and also the fact that why we need to diversify our portfolio because you
know only when you diversify you make sure that you don't keep all your eggs in a basket like zap or an MMF for
example where everything goes bust so that is very important why I keep a very diverse portfolio and one of the reasons
why I have these many number of tokens that I invested so again I usually rank these tokens in
terms of you know how much dollar value I have but I decided this time as a new investor uh what I would be most
interested in seeing is my confidence level as in my confidence level as an investor so from if I was a new investor
these are the tokens that I am most confident and I have a high confidence on the first two columns so render seek
and cro are my most confident tokens and the reason is render is obviously uh you know it's making strides in terms of the
GPU rendering power that it is it is decentralized and a lot of good projects even Hollywood level projects are using
render otai as the rendering engine and they are effectively monetizing the service
at the moment and they probably have very less competition at the moment render as a project for example seek
again from a VR perspective they have done enormous work in terms of the VR capabilities at the have brought in and
with more advancements in the VR headsets and VR engines you know VR is probably going to become the next step
in terms of the entertainment from what we have seen so far so I believe that's also having a great potential cro again
we've talked about a lot in our uh platform so and these tokens say BNB ethereum and BTC they are like I'm now
considering them as a hedge token hedge token since I'm almost putting them in in line with like stable coins because
they are now a store of value they are not going to like suddenly lose like 80 90 percent of the value you know uh
because their use case is primarily right now seen as a platform and store of value so I would probably when I'm
when I'm providing liquidity I know I would want this to be one of my paths because in case one of the pass is
actually going up or going down my impermanent loss I'm happy to have more of these tokens and we will see this in
the Unisom example that we're going to talk about and and again from a high confidence effective ingjective is doing
enormous strides in the cosmos ecosystem it's probably been one of the tokens we've been speaking about quite a lot in
our channel from an injector perspective the Perpetual sex change that they've built is actually attracting a lot of
attention right now and in fact recently after I published a Tamil version of it there was a 150 million dollar
acceleration fund also chain linking spoken about enough ship we've spoken about enough GRT again we've spoken
about enough graph token atom is is going to probably get more value when the the internet of blockchain's concept
and the cosmos the cosmos 2.0 when it is being built I think atoms going to gradually get more and more value when
the cosmos chains are themselves getting more value flr I think you know recently published
a video about a separate episode about the flower token so these are my main tokens again from medium perspective BTR
we've spoken about MMF and copycat even though MMF is a medium and copycat is a lows again like I said it's not the
tokens that I would recommend as a top investment from a for a new investor so WRX Matic uh cake everything is still
there as my medium token the reason I'm holding Matic uh separately as medium tokens is because my strategy is to try
and see if I can get a passive income out of it Matic is probably one of the tokens where I'm getting the least
options are least trustable D5 options in The Matrix in the polygon ecospace that's why I'm keeping it everything
almost in melp which is like an index token which also has Matic I don't hold Matic separately as a token Avalanche
evex and some of the new tokens and we right now we need to talk about the new tokens so
um a tenafi is a new Exchange in in BNB it's a bit risky at the moment because it had a great
it had a great start to the the liquidity but then obviously it is because it attracted by giving a higher
API percentage and as we know as the API percentage decreases that's when the true test of a defenderless exchange
comes into picture so we need to wait and watch you know how much stainify is able to sustain the liquidity pressure
once the price starts to decline from the the token perspective wombat exchange and Magpie are particularly
related to each other this is a stable connection so we probably need a separate dedicated episode about the
ombat exchange and the MGP and Cosmos uh positions I know I've marked a few other tokens in blue because actually inj8
atom and cro are also on the cosmos ecosystem but I haven't explored outside of these through these three tokens I
hadn't explored the other Cosmos exchanges uh primarily because of Luna I would say you know uh explained in the
episode that I have posted about Luna the the stable coin USD was one of my biggest concerns that I I was expecting
that it was going to fall and I did not have the I didn't want to take the risk in investing in some of these exchanges
or some of the other Cosmos ecosystems because everything was heavily reliant on USD at that point and I didn't have
confidence on USD as a stable coin and we had talked about it even during the lunar episode so right now they have I
think come out effectively from the debacle of Luna and the USD and I think that this is probably the right time to
start investing in the cosmos ecosystem especially osmo uh Juno and Akash Network which is a decentralized
equivalent to like AWS for example secret sert and have taken also small positions in uh you know one strd is a
liquids taking protocol in Cosmos and um I'm taking small steps into some of the other decentralized protocols like
arbitrim with Harmony and there are a few tokens that I'm actually exploring but I haven't taken a position yet uh
change Finance chng um Hoppers Astro astroport is basically coming to in inj uh enough in a few
months it's an amm engine that's coming to objective so there are a few tokens that I'm exploring which I haven't taken
uh position yet and these are the blockchains and the blockchain platforms that I'm currently using because most of
my trades or most of my positions are in decentralized exchanges right now I am practically not touching any of these
interest exchanges so from a Chronos perspective CRS board candy mmfmf we talked about CRS web and board candy
I'll give you a brief demo at the end of this video minted is a nft platform ebuses based and ft platform Argo
Finance is a liquid statement protocol VVS Finance so I said I had moved everything away from previous Finance
I'll give you an explanation as to why still continue to use UVS Flash and weird apps Club is another nft based
project BNB chain we've talked about it pancake swap ape swap the NFI we just spoke about it the the third token
basically remember texting and Magpie ethereum uni swap again I'll give you a demo of you know how effectively we can
use uni Swap and how uni swap is slightly different as compared to the other decentralization just where it
does not need to incentivize the liquidity mining separately using a farming techniques its a little
different and you need a lot of patience for uh uni swap so Avalanche Pangolin and Trader Joe flare exchange again I
gave a demo of Pangolin in the in my last video Cosmos we just spoke about it so Cosmos Hub is where I had originally
maintained for just the staking purposes and injectors taking but right now I am expanding to the osmosis Zone uh some of
the Juno platforms that have recently been introduced Helios which is a decentralized perpetuals engine stride
which is a liquids taking protocol Astro Port which is the amm but it's right now in a test net for injective at this
point pancakespap is the only thing that I am currently using in Aptos but I'm also expecting the SRI shrine.io I've
taken a an nft position with Street trainer.io which is again a platform a partner platform of e-bus is big
metabol.trade is the only platform that I'm using in polygon right now practically most of the polygon
platforms decentralized exchanges are unreliable at the moment that polygon I would say from a amm perspective not
from a spa perspective but from an amm or a liquidity mining perspective most of them are unreliable arbitrum again
it's to be decided there's two early stages I would say Hamachi is probably one thing that I've just stepped into
optimism again there were extreme number of rock pools in optimism to start with and in all of these decentralized
Platforms in all of these blockchains you know almost 50 percent of the projects that are started are actually
rockable so we have to be extremely careful in terms of our analysis in terms of the time and effort that we
need to spend in choosing the right platforms that's why I try and restrict my decentralized changes all the
platforms that I ah stick to and these are some of the tokens that I had mentioned in my last video not
necessarily I had lost confidence in all of them like for example audio and scale I still have a lot of confidence but
it's just that I had to take an exit from those positions to build positions in the new tokens that I've invested in
again my strategy that I've been explaining from my previous episodes I'll just reiterate 90 of my crypto is
currently in decent exchanges and the reason I've been explaining it from episode 24 if you do not understand
certain portions of the decentralized concepts you need to look at episode 24 which is where I've explained the reason
the rational why I started moving into decentralization which is and most of these tokens are earning a passive
crypto almost every single day and that is one of the reasons I moved to the decentralization again from a liquidity
pool perspective I try and keep as much as possible in safer pools like btccro links Yahoo injective ethereum seek B
and B because either ways I am happy with the impermanent loss you know if everything becomes if if I get more BTC
or more cro or if I get more link or more injector or more ethereum either ways these are tokens in my top
portfolio so I'm happy with this so I stick to safer liquidity pools where I am happy with the outcome that I get
more more of either side of the tokens from an impermanent loss perspective that's how I get the impermanent loss to
work in my favor when the price action is actually making one token go higher and the other token go lower
and I convert this passive income whatever I get out of this this taking from an incentivized taking perspective
convert it into passive income and I change it to stablecoin as usdc which I've said many times in the past and
this liquidity helps me reinvest during the crashes and helps me do a dollar cost average where I can reduce the
overall average cost of my tokens so now ah again you know try and reinvest only poor part of your profits
and try and take the investment out because you know you need to actually whole point of investment is to try and
take profits out so realizing profits is very very key sorry from a liquidity mining perspective there are two key
points that I want to talk about one is um you know most of the exchanges most of the decentralized amms they have to
incentivize the liquidity mining using a firm for you to be profitable but however uni swap is slightly different
uni swap is liquidity is mining is based on volume and we can better understand if you look at an example of my render
ethereum portfolio or render ethereum form that I have done so uh in uniswap I had taken a position of render ethereum
ah provided liquidity for render and ethereum this is you know way back in December that I had started the
liquidity Mining and as you can see the initial days my my liquidity mining fees that I I can collect is about 25 to 30
dollars about 28 dollars on this particular day so if I am trying to collect this like a normal liquidity
mining in the other blockchains the gas piece itself is around 12 13 dollars which means collecting a twenty thirty
dollar liquidity mining fees and then trying to reinvest it is not an effective technique you know from a
liquidity mining perspective in ethereum so um again you know if you want to
actually add more tokens like we can add in in the other blockchains if I'm trying to add like you know 150 dollars
worth of tokens um into the liquidity mine to increase my position of my liquidity even then the gas piece is
about you know seven or eight dollars so just for the swapping the gas piece is seven or eight dollars and as you can
see if I say OK here and try and go back and and add the liquidity again I'm going to pay another gas fee so in you
know if you compare this in BNB chain or Chronos you know you would be paying fees like you know 10 cents 20 cents
um or you know maximum you would pay in Phase about you know 30 cents or 40 cents in the other tokens other
blockchains but here if I try and increase the liquidity now um and if I just select my all my render
and then I have enough of ethereum token when I click on preview it is going to tell me that I don't have enough gas
fees for ethereum even though I have about you know ten dollars left and the reason for it is the gas piece is about
14 so to try and add hundred and fifty dollars worth of tokens into the liquidity pool my gas fees is about 14
this is on the 9th of December for example so I I cannot add the tokens at this point so I'm waiting for another
couple of days and I'm trying to see the volume total volume of ethereum transactions when it is actually low the
congestion will be low when the congestion is low the gas piece will also be low so a couple of days later I
am trying the exact same transaction trying to add about 150 dollars worth of liquidity and now the gas piece is about
585 so literally about you know 70 percent cheaper as compared to the gas piece couple of days back so it is very
important to try and reduce your gas fees when you are operating in like you know hundred dollars two hundred dollars
if you have like ten thousand dollars if you are Avail then it makes no difference for you for these small
amounts but when we are only working with like hundred dollars or two hundred dollars like you know retail investors
like us it is very important to um minimize the gas piece now I'm in January a month later almost more than a
month later and as you can see it has just gradually increased from about twenty eight dollars to 245 dollars so
even without uh enhanced incentives the normal liquidity mining fees um collected is about you know 10
percent of what we had originally invested and slightly it is now balanced towards ethereum I got more ethereum and
I've got less renter but that is okay because I know it keeps going back and forth between render and ethereum over a
period of time so at this point the render's price is going up as a result the renders liquidity is down and
ethereum's liquidity is more so a couple of days later on 21st of January after almost a month more than a month it has
gone from 28 dollars to about 240 but within two days because the volume has been significantly higher my uh total
fees has now gone up to almost 300 so in within a couple of days my incentive has gone by sixty dollars so that is again
the power of waiting and making sure that you are not collecting the fees on a daily basis because which is not
productive where the gas base is really high so VVS Finance again I had explained in previous videos that I
moved all my liquidity but I am still using VBS Finance for the iGo primarily so on 17th of January for example ah
they introduced the iGo for Vino Finance which is again another liquid stating protocol like cargo finance and the
price point at which the vno tokens were introduced were really good it's about 0.04 dollars and I participated in this
iGo and my total allocation was about 1250 which is roughly about fifty dollars and immediately I was able to
withdraw about 625 VMO tokens and the remaining 625 are vested over a period of time now in the Vino Finance vno
Finance token price is about 25 cents which is nearly six times the price from the launch price and from my fifty
dollar investment by immediately selling the 625 tokens I get about 164 dollars which is a price profit of 114 dollars
so that's how the iGo works for VBS Finance so we'll finish off with the quick demo of two Chronos amm Decks that
I'm using which is CRS web and board candy in crs5 the primary Supply that I'm giving is WBC wbtc uh cro Bitcoin
cro and once every couple of days I get about 30 to 40 dollars worth of tokens that I can Harvest or passive income
that I can Harvest and what I can do is I can actually uh you know go to the stake option and I can Harvest it very
easily and the feast like I said with Chronos is compared to uniswap it is so much cheaper like other blocks like
other L1 and L2 blockchains that have come up after ethereum and I can easily harvest my rewards and I can convert my
cros to usdc or any other stable coin by just paying like you know 20 to 30 cents worth of total fees and it's it takes
about less than two minutes when you want to harvest it and finally uh the candy city which is the board candy
project which is from the board candy project I'm providing liquidity for cro link ideally this cr1 link would have
just reminded idle in my portfolio but by providing a liquidity I am getting about four to five dollars which is
still you know decent returns about 30 percent APR returns which is decent return for a token that I would have
anyway held as part of my portfolio so again hopefully this video was useful to you and the strategies were helpful for
you thank you
Heads up!
This summary and transcript were automatically generated using AI with the Free YouTube Transcript Summary Tool by LunaNotes.
Generate a summary for freeRelated Summaries

2023 Crypto Portfolio Review and 2024 Outlook
In this video, the presenter reviews their cryptocurrency portfolio performance for 2023, comparing initial investments from January to updates made in August. They discuss the top-performing tokens, overall gains, and provide insights into their investment strategy for 2024, including new additions to their portfolio and the importance of decentralized exchanges.

Episode 42: Current Crypto Portfolio and Market Strategy Update
In this episode, the host shares an update on their current crypto portfolio and investment strategy amidst fluctuating market conditions. They emphasize the importance of personal research, caution against scams, and provide insights into their holdings and decentralized finance strategies.

Cryptocurrency Portfolio Update: Performance and New Investments
In this episode of the cryptocurrency series, the host reviews the performance of their top crypto investments since September 2020, discusses new acquisitions, and shares insights on market trends. The video emphasizes the importance of research and profit realization in crypto investing.

Cryptocurrency Investment Insights: My Portfolio and Market Analysis
In this video, I share insights from my cryptocurrency investment journey, including my portfolio breakdown and the performance of various cryptocurrencies. I emphasize the importance of research and caution when investing in crypto, especially for those seeking a regular income.

Cryptocurrency Investment Insights: Analyzing Beltex, Tron, and Dogecoin
In this episode of the cryptocurrency investment series, we explore three popular coins: Beltex (BDX), Tron (TRX), and Dogecoin (DOGE). The discussion includes investment potential, market trends, and tips for tracking cryptocurrency portfolios effectively.
Most Viewed Summaries

A Comprehensive Guide to Using Stable Diffusion Forge UI
Explore the Stable Diffusion Forge UI, customizable settings, models, and more to enhance your image generation experience.

Mastering Inpainting with Stable Diffusion: Fix Mistakes and Enhance Your Images
Learn to fix mistakes and enhance images with Stable Diffusion's inpainting features effectively.

How to Use ChatGPT to Summarize YouTube Videos Efficiently
Learn how to summarize YouTube videos with ChatGPT in just a few simple steps.

Pag-unawa sa Denotasyon at Konotasyon sa Filipino 4
Alamin ang kahulugan ng denotasyon at konotasyon sa Filipino 4 kasama ang mga halimbawa at pagsasanay.

Ultimate Guide to Installing Forge UI and Flowing with Flux Models
Learn how to install Forge UI and explore various Flux models efficiently in this detailed guide.