Dear fellow investors, friends, family and future self.
April was the month where I started to look more seriously into the world of crypto currencies. I’ve been following the sector on the sidelines since 2015 but I’ve always seen crypto as pure speculation. I see myself as an investor, not a speculator. For this reason, I’ve held a small amount of coins to test the technology but never invested larger amounts.
However, some things have improved during the last year, which has changed my view a bit:
- Wider adoption / acceptance
Large institutions, big companies, hedge funds etc. buy, trade and hold crypto to a degree not seen earlier.
- Interest on crypto
Like any other currency, borrowing and lending is an essential part of the economy. Getting access to funds without the need of a bank is quite neat.
Interest can be earned by lending out your crypto, but it can also be earned by staking it on exchanges like Kraken or Coinbase* or simply holding it in your FreeBitco.in* account.
- More use cases
The uses cases for crypto is rising rapidly. Here’s 16 applications, just to give you an overview.
FreeBitco.in* has also launched a Premium program, where holding FUN tokens gives you certain benefits. There’s a clear roadmap for FUN token, where the coin will be used in online casinos, sports and e-sports betting, poker, social games like Mahjong and Big Two, financial games etc. For this reason, I’m holding 50 000 FUN tokens on my FreeBitco.in account.
Remember the BitTorrent filesharing app? Soon, BitTorrent tokens will allow users to earn a profit from seeding files, by unlocking faster download speed.
So to wrap up…. Even though I’m more interested in crypto than earlier, I’m still somewhat hesitant when it comes to putting serious money into it until we see a decent pullback. Crypto has been on an insane bull-run in the past 6 months and while it seems like it’ll never end – it will! A pullback is guaranteed to happen at some point. This is where I plan to accumulate up 10% of my portfolio in crypto.
The euphoria we’re currently seeing reminds me a lot about what happened in the end of 2017 (need I say BitConnect or USI Tech)? If you were following crypto in back then, you’ll probably remember the crazy amount of YouTube channels sharing their thoughts on various coins. 99% of these channels don’t exist today! Crypto has always been volatile and this time will be no different.
Net worth: April 2021
| Crowdlending | Income | Invested | Value |
| Bondora* | -119.60€ | 6 944€ | 5 399€ |
| Bulkestate* | 2.52€ | – 2 567€ | 218€ |
| Crowdestate* | 3.34€ | 5 012€ | 6 027€ |
| Crowdestor* | 2.27€ | 68 972€ | 86 358€ |
| Mintos* | 124.21€ | 7 309€ | 16 076€ |
| PeerBerry* | 81.52€ | 6 000€ | 7 529€ |
| ReInvest24* | 36.94€ | 1 000€ | 1 150€ |
| Robocash* | 45.68€ | – 3 402€ | 774€ |
| Swaper* | 91.62€ | 1 585€ | 7 427€ |
| Viventor* | 0.59€ | 4 083€ | 5 707€ |
| 269.39€ | 94 938€ | 136 670€ | |
| Real Estate | Income | Invested | Value |
| Property #1 | 545€ | 18 080€ | 45 493€ |
| Property #2 | 1 167€ | 61 200€ | 67 067€ |
| Property #3 | 464€ | 54 793€ | 48 277€ |
| 2 176€ | 134 073€ | 160 839€ | |
| Stocks (DEGIRO*) | 84 961€ | 156 441€ | |
| Crypto | 2 000€ | 5 136€ | |
| Cash | 10 250€ | ||
| Total | 2 445.39€ | 315 972€ | 469 336€ |
Comparing to last month
My Net Worth dropped 2 531€ from 471 870€ last month. This was mainly due to falling stock prices.
Crowdlending updates
I continue withdrawing from most crowdlending platforms as loans are paid back. This is not because I have lost trust in platforms like Robocash*, Swaper*, Crowdestor*, Bulkestate* or Mintos*. It’s only because I want to see if I can earn higher returns on the stock market.
Compared to current prices, I think most of my stocks will see a 20-30% increase in value before this year ends. At least, that’s my expectation and the reason for the withdrawals.
April was the first month in a while where I received next to nothing from Crowdestor. Several of the projects I’ve invested in are in the final stage and I expect to see some repayments in the coming months.
Real Estate
If you’re a regular follower, you’ll know that we currently live in our 3rd investment property while it’s being renovated.
The kitchen renovation is 90% done. Just some paint work and other small finishes remains. The bathroom renovation has not been started yet, it’s really hard to find available craftsmen. They’re all booked up until the end of August.
Living without a shower is tough. Fortunately, fitness centers and public swimming pools are opening again soon. We’re looking very much forward to that.
Stocks
Most of my stocks have tanked recently. There’s been a clear sector rotation going on, where capital is moved from growth stocks to value stocks and crypto. I expect the money will flow back into growth stocks later this year.
Maybe we need to see correction in crypto (Dogecoin crash?) for people to be incentivized to invest in growth stocks again?
Gains in solid conservative plays, like Regeneron, Kirkland Lake Gold and Nokia made the month less disastrous than it could have been.
Remember, you can see my stock portfolio here and follow me on Twitter to get live updates when I make a trade.
I buy my stocks and trade on DEGIRO*, which I consider the best and cheapest no-bullshit broker in Europe. If you use this link* to sign up we will both receive a 20€ in transaction reimbursement (fee deduction).
Crypto
I bought 26 FLOW tokens and staked them on Kraken. They pay 4.6% interest and the tokens can be unstaked at any time. Interest payments are paid out every week. This was my first purchase at Kraken and I must say; I’m not impressed with their user interface! Maybe it needs some getting used to.
I’ve transferred 3 500€ to my Coinbase pro account. I’m not sure what to buy yet. I’ve been thinking about getting some HEX but, as any other coin, the price has been parabolic the last week, so I’m waiting for a pullback.
Speaking of HEX does any of you know Richart Heart? I’ve been following him for a while and seen lots of his videos. He seems to be an intelligent, genuine down-to-earth guy. Question is, can he be trusted, or would he use his IQ for wrongdoings? I’d love to hear from you if you have any insights.
Free EUR bank account with no fees
Do you live in Denmark, Poland or Sweden? Having an N26* bank account will save you from currency exchange fees when dealing with euros!
I use N26 to transfer to and from my investments. It even comes with a free debit MasterCard. N26 is by far my favorite banking provider!
That’s it for this month!
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