Dear fellow investors, friends, family and future self.
In May I finally pulled the trigger on a “larger” crypto investment. I invested 8650€ into ETH and swapped it to 232 160 HEX on 1inch.io*. Then I staked (locked up) everything for 10 years on go.hex.com. Now I can track my portfolio on my phone using the Staker App*, which looks like this:
HEX is currently the 8th biggest crypto currency according to nomics.com and it’s the first crypto currency to offer a true Certificate of Deposit savings option.
I learned about HEX last year but I wasn’t too keen on crypto at that time. It came to my attention again in early March, where I decided to learn more about it. While learning and doing research the price made a 5x from 0.008$ to 0.04$ in 2 months. I guess that’s the price I had to pay for my due diligence. Today the price is 0.07$ and it’s not looking to stop going up any time soon.
The interest I earn from staking depends on how many other people stake their HEX coins. There’s a built-in inflation function of 3.69% per year. The inflation goes to stakers (instead of miners). Currently only about 10% of HEX coins are staked, which gives stakers ~36% extra HEX per year.
VERY SOON a new crypto network called PulseChain will be released. It’s a fork of ETH and I’m planning to invest 10-20k EUR into PulseChain during the sacrifice phase.
Here’s the overview of my finances from last month:
Net worth: May 2021
| Crowdlending | Income | Invested | Value |
| Bondora* | -138.60€ | 6 602€ | 4 948€ |
| Bulkestate* | 2.52€ | – 2 567€ | 218€ |
| Crowdestate* | 0€ | 4 851€ | 5 866€ |
| Crowdestor* | 328.87€ | 67 067€ | 86 687€ |
| Mintos* | 82.85€ | 2 858€ | 11 716€ |
| PeerBerry* | 84.68€ | 6 000€ | 7 617€ |
| ReInvest24* | 4.94€ | 1 000€ | 1 182€ |
| Robocash* | 0€ | – 4 176€ | 0€ |
| Swaper* | 76.11€ | – 5 886€ | 38€ |
| Viventor* | 0.59€ | 4 083€ | 5 730€ |
| 441.96€ | 79 833€ | 124 009€ | |
| Real Estate | Income | Invested | Value |
| Property #1 | 710€ | 18 080€ | 46 505€ |
| Property #2 | 1 167€ | 61 200€ | 68 487€ |
| Property #3 | 464€ | 54 793€ | 49 693€ |
| 2 341€ | 134 073€ | 164 686€ | |
| Stocks (DEGIRO*) | 84 961€ | 152 624€ | |
| Crypto | 10 650€ | 15 210€ | |
| Cash | 10 646€ | ||
| Total | 2 782.96€ | 309 517€ | 467 177€ |
Comparing to last month
My Net Worth dropped 2 161€ from 469 338€ last month. This was mainly due to falling stock prices. *Spoiler alert*, I can almost certainly tell that June will be much better.
Crowdlending updates
Robocash* and Swaper* turned out to work exactly as I expected; Being liquid platforms where I can get my money out relatively quickly if I need them. I cashed out from both of them to be able to get into PulseChain.
Selling my loans on Swaper was instant and all the money was returned to my bank account in 2 days. On Robocash I only had short-term loans (less than 60 days) and I simply let them mature and withdrew as they were paid back.
If I’m not able to earn more than 15% per year on the stock market, I’ll definitely return to Swaper* and Robocash*. To be honest, I miss having investments with them already, they’re prime examples of how crowdlending should be. Both platforms have been very reliable and profitable for 4 full years.
The Crowdestor* Equity Campaign matured and I turned my 12k principal + 3k interest from the project into 15 shares, which means I now own 0.45% of Crowdestor Holding.
I listed all my Mintos loans for sale on the secondary market at a 2% premium. 2.2k EUR worth of loans have been sold so far.
Real Estate
Not much new in the Real Estate portfolio. All units are rented out.
A tenant called and said they had mice. Another tenant called because the WC was running. I called a pest controller and a plumber and both issues were quickly solved.d
Stocks
Most of my stocks fell a bit further in May. I didn’t make any trades during the month.
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
Crypto currencies are extremely speculative, in fact, most coins in existence now will not be around in 10 years. But it’s also the fastest way to earn a lot of money if you invest in the right coins. All I know is, I want some kind of exposure, which is why I have invested a small percentage of my portfolio into the projects I believe have a bright future.
Like stated in the introduction, I bought 232k HEX. I also bought 48 Polkadot and 74 FLOW, which brings my total FLOW holdings to 100.
I’ll also invest 10-20k EUR into PulseChain during the upcoming sacrifice phase.
You can see my crypto portfolio here.
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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