Sat. Jun 15th, 2024

Shiba Inu. That’s what I have to start off with. I have a small investment in SHIB. I own close to 3.7 million SHIB which is worth about $250.00US right now. The nice thing is I’ve only purchased somewhere between $75US and $90US SHIB and it’s doubled, almost triple in value. I have seen my portfolio for SHIB alone to hit around $325 and for the last couple weeks of October it was a fun ride, aka, nice altcoin to have in the portfolio. It started off by going up to around .00002400 SHIB. I purchased the bulk of my SHIB at .00000700. The a few days later it was around the .00003340 mark. Then a few more days later it had crested the previous record high and sat at over .00004000 for a few days. SHIB just kept going up and up. I think it capped off around the .00008800 mark and is currently sitting around the .00006500 mark. So by looking at the numbers you can see it’s been a wild ride.

I think the start of the uptick in pricing was due to rumors of a whale purchasing a nice chunk of SHIB, somewhere in the 16 million US if I recall correctly. That, plus the news half of all the SHIB supply has already been burned started a rally in the SHIB market for that last part of October. Things have quieted down but I think everyone involved will be happy if SHIB attains the new low of .00006000 and staying there or more for a little while.

The SHIB thing has been the biggest thing in crypto that I’ve been dealing in anyway. It’s nice to see $100 turn into $250 in such a short time frame. The guys who have nice investments in SHIB I’m sure are very happy with the gains as of late. Me personally I just got lucky timing wise and by the last week of October I had moved all my holdings to SHIB. Since then I’ve thinned the investment out a little and bought back some AMP and ACH I had moved into SHIB earlier in the month. I also need to replace some Stellar Lumens however I have a feeling it might get back down to the .32 mark in the next month or two and that’s when I’ll rebuy into that. I had also converted about $15US in Doge to SHIB and I’m going to wait for a few cents to fall of that before I rebuy more of DOGE as well.

This year is slowly coming to a close however I already have my eye on the coming year 2022 and where I’d like to see my crypto/altcoin investing going. I know one goal that will be made is to get the investment into 4 significant figures left of the decimal point. The decent thing right now is I’m about a quarter to a third of the way their already. In December’s update I’ll include further information.

Currently I am holding SHIB, ACH, XYO and AMP with a daily fluctuating average around $300.00US. I’ll be adding DOGE and Stellar Lumens back to the portfolio at some point to be determined. Below is a list of altcoins I’m watching at the moment. The grid outline was created via cut and paste from my watchlist on Coinbase.


NamePriceChangeMarket capWatch
Enjin CoinENJ$2.84+21.66%$2.4BBuy
Stellar LumensXLM$0.38+5.11%$9.3BBuy
Basic Attention TokenBAT$1.15+44.04%$1.7BBuy
Mirror ProtocolMIR$3.24+1.96%$251.5MBuy
Clover FinanceCLV$1.18+2.61%$152.0MBuy
Band ProtocolBAND$9.08+5.84%$319.5MBuy
Internet ComputerICP$46.29+2.26%$8.1BBuy
OMG NetworkOMG$13.34-0.54%$1.9BBuy
Mask NetworkMASK$10.62-4.53%$310.5MBuy
The GraphGRT$0.9348-2.93%$4.4BBuy
Function XFX$1.20-2.60%$488.8MBuy
Axie InfinityAXS$141.98-2.27%$8.6BBuy
Bancor Network TokenBNT$4.26+1.18%$1.0BBuy
Wrapped CentrifugeWCFG$1.76+2.33%Buy
Assemble ProtocolNew$0.18+22.59%$120.0MBuy
ARPA ChainNew$0.15+3.92%$165.1MBuy
Alchemy PayACH$0.0586-4.44%$198.7MBuy
Watchlist 2021.10.21 0117hrs Pacific

Well, so far my foray into the crypto/altcoin world has not come without it’s benefits. One of the bigger benefits is that I treat the altcoin investments like a savings account and don’t touch, spend or play with the money, at least not too much. I occasionally move investments around but that’s usually from one investment to another. If I decide to purchase newer coins I do that through my Coinbase interface. The Coinbase interface is also my primary view into my investments and I enjoy the nice, clean and uncluttered user interface which puts all the important details right where I need to see it, that being at just about eye level đŸ˜‰

I think that will do it for the altcoin/crypto editorial for this month. Will update throughout the month as positions change and the market updates.

Want your own Coinbase account? Click here.

Please visit my Patreon page if you’re so inclined or make a donation. Or you may click the coffee cup in the bottom right corner of the screen and Buy Me A Coffee. Thank you!

By editor

Leave a Reply