Crypto portfolio revisited

Changing the targets of my crypto portfolio

I would call the progressive knowledge impact. As time progresses knowledge increases which can lead to new insights. My original Crypto portfolio with its targets was like:

Crypto portfolio and targets in November 2019.

Now half a year later some significant changes have been made;

First of all the targets have been modified for both ADA and TRX.

ADA because the going live of Shelley Testnet really showed some progress, but unfortunately things slowed down again.
TRX because I increased my target hold on TRX based projects like CITYUPTAKE and CITY Alpha and added another project to my portfolio being Pi-Token.

Second, I removed Gulden from my portfolio targets as the availability is not growing in line with my expectations. Only available in smaller exchanges which doesn’t bode well in my view

Third, I added three more coins to my target hold:

  1. COTI as it has a great potential in my view to become a major payment solution for online and brick and mortar sales channels. It is already generating cash and sharing revenue with its holders through staking.
  2. CHZ as it is a token for sportsfans, as with the current COVID physical presence at the games is being limited, I foresee games in the near future being played in empty stadiums while people watch the games from home, having a token of your favorite team which brings you extra benefits could become a big deal.
  3. MCO as it is the token for the Crypto.com platform. The supply is limited and you need these tokens in order to get into higher service tiers. Compared to other platforms which offer services to convert Crypto into Fiat, Crypto.com has a solid feel.

Let’s see how long these targets will stand.

#111 Months – 15

Months 15 of the 111 months early retirement has finished. Time for a summary

The 15th month of the #111Months challenge has finished and due to the global situation we are in, it was a month of a major step back. Both the share values and the crypto value dropped back. Eventhough the spending has been reduced, giving more opportunity to buy more Crypto and shares, the nett result was negative.

111Months cockpit month 16

The proportion of loans on my total wealth has climbed up after a steady continuous decline. In the coming months, our government has suspended loan repayments, so the free cash will be used to increase exposure to shares, crypto and precious metals.

Loan proportion of total wealth.

Also the passive income generation has suffered over the month of March and has dropped significantly. Even though the holdings of all passive income generating assets have increased and a new asset (Pi-Token) has been added to the list of passive income generating assets.

Passive income generation vs targeted passive income at the end of the #111Months project

With March having been an extremely busy month, setting up another Crypto project while dealing with COVID19 issues in normal work, the blog has been neglected a bit. But a recovery is in place

Passive income boost

After one and a half months into 2020 the building of a passive income powerhouse is on track

The first half of February 2020 has been a great month in crypto due to the mini Alt coin run. End of January beginning of February, I made a bigger purchase in $COTI to get closer to my goal. Also I have been steadily purchasing $CITYUPTAKE and the growth in my held amount is in line with the target. $ADA and $WINk stagnated but will be caught up later.

Passive income status Feb 17, 2020

The rewards from WINk have been extremely disappointing recently but maybe the new project which will be launched on the platform will inject some new life. As I don’t expect $ADA to run away in value from $TRX, I am not in a hurry to increase my ADA stack but rather invest the spare $TRX which I receive from CITYUPTAKE in the new reward generating token called $Pi. This one will go into open Beta soon and is already delivering double the rewards of voting.

The total received passive income value year to date is $843,- which puts me on a 6,5 k$ trajectory for the year. Not enough for retirement, but providing a serious impact on the road to retirement.

Passive income January

2020 is the year to build passive income through Crypto and at the beginning of the year, I selected 4 coins with are instrumental in my opinion to create a good base for future passive income: $COTI, $ADA, $CITYUPTAKE & WINk.

For all 4 a goal has been set of where I should be in stack size by the end of the year and monthly I am tracking progress.

Passive income coins status vs target

In January year to date, I have received $460,- of passive income through crypto. The vast majority of that >95% has been through the combination of CITYUPTAKE and CITY Alpha. But for the future, I have my eyes on $COTI as well, which is why I boosted my stack and am already almost half way the annual target. $CITYUPTAKE is almost on track and both $ADA and $WINk are behind. All in all, I would say I am a bit ahead of schedule

#111Months – 13

The 13th month of the #111Months challenge has finished. 98 Months to go before early retirement. After some disappointing months in the Crypto world this was the first month showing some real recovery.

111Months cockpit month 13

The proportion of loans on my total wealth has been decreasing steadily and is now dropped well below 40%, which means the nett. wealth is developing nicely.

Loan proportion of wealth decreasing over time

The passive income is at a steady level and continuously increasing with increasing my stake in passive income generators like (in order of contribution):

  • CITYUPTAKE;
  • CITY ALPHA;
  • Abbvie shares;
  • Unicum shares;
  • Altrea shares;
  • WINk
  • Cardano;
  • Waves.

In February $COTI will be added to this list through staking as well.

Wealth build vs final target.

The wealth building has recovered from two bad month in Crypto and is back on track, well ahead of the target created when the #111Months challenge started.

Crypto recovery

As the month is almost over, I have been checking again how my road to Early Retirement is progressing. Almost 13 out of the 111 Months of the #111monthchallenge have passed.

January first distribution of wealth.

At the end of the year, Crypto only made up a lousy 9% of my total wealth. In the last 30 days, this has changed significantly:

January 30th distribution of wealth.

As is visible, value of stocks have dropped, loans are being paid back, and Crypto value has increased significantly.

Next phase in portfolio building

Change of approach to build crypto portfolio

In the last 12 Months, I have almost tripled the amount of FIAT money invested in my crypto-currency portfolio. With that some mayor goals are achieved:

  • Enough CITYUPTAKE tokens accumulated for receiving steady rewards;
  • Enough $COTI tokens accumulated as a team effort to run an advanced node when the Testnode is moved to mainnet;
  • A base of $ADA tokens build, staking on the Shelley Testnet;
  • Enough $WINk tokens accumulated to slowly increase the bag on $WINk tokens.
Changes in crypto-portfolio over the last year.

Overall the crypto-portfolio is in profit mainly due to the fact that the rewards (mainly CITYUPTAKE) is driving the dollar average per token owned down.

There is a clear target to increase the stack of (future) passive income tokens for this year.

Passive income carrying tokens target for 2020

The expectation now is that the further build can be done without the need of injection anymore FIAT money, allowing a steady increase of the portfolio value and a reduction of the average dollar cost of all tokens.

BUIDL BUIDL & HODL HODL

Real estate investment preparation

What better excuse to travel than to prepare for future real estate investments..

Some of the key focus points for my future real estate investments are that investment needs to be:

  • located in a touristic area;
  • In the center of a city
  • in a relatively unknown real estate area with future growth
  • Appealing through all seasons
  • Affordable

Mako

So as a family we agreed to visit at least one potential area in Hungary per month. And the first visit was to Mako in the south of Hungary near to the Romanian border.

Mako is mainly known for the cultivation of unions and garlic and because of its famous architect, who uses these vegetables as an inspiration for architecture.

It has some nice tourist atractors, like the “hagymaticum” thermal bath complex, a canopy walk, some nice architecture and a beach at the river for summers. So it is an all season destination.

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The local library
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The movie theater
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Statues
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The Canopy walk in winter
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The Thermal bath

In the middle of the Center there is a nice early 19th century building, with the potential to be improved and posing a great investment for some instant hotel room (AirBNB) set up. With the potential to generate passive income in the distant future.

Second phase of passive income.

After setting up the CITYUPTAKE passive income stream in 2019. In 2020 I want to add:

  • Cardano blockchain based passive income
  • COTI blockchain based passive income
  • Passive income through Pynk

CARDANO

For Cardano I joined the Shelley testnet and although majority of ADA is used to boost the CITYUPTAKE Trade Desk, still a portion is used to receive staking rewards. Waiting for projects like CITYUPTAKE to emerge for serious passive income.

COTI

For COTI, first staking pool participation has begun, now I am saving to have enough COTI to start my own active node.

Pynk

For Pynk I finally accumulated enough community points to be converted into Pynk shares.

For that I had to predict and invest time for 5 months:

I made 148 predictions and 42 forecasts.

Anybody interested in exploring Pynk please use this link: link

2019 the year of passive income.

An overview of how 2019 was the year of building a crypto base

This post gives a summary of how I have dealed with Crypto through the year. I started the year as a small holder of $CITYUPTAKE, a fan of $Nano and $TRX, with high hopes for $XRP and in the state of lost faith in $ADA. $BTC was like dinosaur technology for me. But what did I know? I was only in crypto for 9 months and still a rookie in all area’s.

Since then I have started the #111Months challenge, with the goal to retire by the age of 55 by focusing on a healthy mix of crypto, stock and real estate portfolio. I have turned around this website to document the road to financial independence.

Targeted crypto coins held vs realitiy month by month

A target hold for a wide variety of stock has been created and besides being the co-founder of the Oh!live.hu webshop for selling quality olive oils in Hungary, I had the honor to become and agent for CITYUPTAKE as well.

Value of crypto portfolio since August 2018

The value of the crypto-portfolio (blue line) has increase steadily mainly by investing a significant sum (orange line) prior to the summer holiday. Mainly through the rewards from CITYUPTAKE and the start of CITY Alpha, my investment shows a minor profit at this point (red line).

Passivive income has been steadily increasing:

Passive income 7 day rolling average USD and $TRX per day

It can be said that 2019 was the year of building a foundation for passive income. Mainly CITYUPTAKE and CITY Alpha rewards have been main contributors, with small support from WINk and temporary projects like BOOM. In 2020, $ADA staking and $COTI staking will be adding to the mix, also the amount of dividend paying stocks will be increased and Pynk will be explored for passive income as well.

Hope that 2020 will be a successful investment year for all!