Var - Crypto Variable Port

[var]

Hi Folks,

I decided to track a simple crypto port. Let's see how it does.
Just to keep it simple I am using BTC and ETH. I have other altcoins but I have excluded them to keep things simple.

starting with 20k on 12.28.21

*formating is a little off.

CRYPTO USD crypto price qty
BTC 10000 48465 0.2063344682
ETH 10000 3850 2.597402597

[var]

Buying the dip 5k in ETH and BTC.


buy the dip 1.10.22
CRYPTO USD crypto price added qty previous qty new total qty
BTC 5000 41860 0.1194457716 0.2063344682 0.3257802398
ETH 5000 3075 1.62601626 2.597402597 4.223418858

[Jack Jones]

How goes?

[var]

Well hit a bear market


Btc recovered hit 49k then dropped to 39k
Next stop 53k


Eth at 2222

I think it will be positive 2024.

I have added more Btc

Avg cost about 20k

[var]

Forgot to add I am trading alt coins


But for the sake of newbs.

I think one should only trade Btc and eth as they always recover

[seajay]

Consider Bitcoin as a 5x tech stock type holding, so 5% bitcoin instead of 25% stock, 25% gold (PAXG perhaps, or XAUt), and the rest in dollars (50% USDt) and you can backtest that in PortfolioVisualizer - such as comparing to the PP https://www.portfoliovisualizer.com/bac ... jatgsAU96x



Not much point in going back earlier than 2019 however as bitcoin was still pretty much a wild-west back then, has only really become more mainstream since 2019

PortfolioVisualizer doesn't seem to have PAXG or XAUt so I just used regular gold

That's without any staking (lending of crypto assets), which is highly variable ranging up to double digits amounts, presumably in reflection of high risks of defaults.