If you're new to what I am trying to do, you are invited to check my story: The Real Life
During the last bullish period #WLD🚀🚀 performed really nicely and so I arrived at the point to take some strategic decisions concerning diversity in my portfolio. As you might already know, my portfolio is quite tiny and I am spending exactly zero money, which is part of the concept.
The overall distribution of my coins is around
75% #BTC and 25% #WLD🚀🚀 , which I re-invest via "Earn Flex" on Binance.
My two aims 2024 are:
1. to increase my amount of BTC before halving and
2. diversification in my portfolio
Current Strategy:
With the drop of 3 WLD every two weeks I always do the same - I send 1 WLD to Binace and invest it into Earn Flex, I convert another 1 WLD into BTC and invest it into Earn Flex as well - and 1 WLD is sent to my cold wallet. (Why the f*** is she not investing everything!? Because I have something called "German Angst" and you will think of me when they hack your Binance account!🤪)
With the financial excess I get from the WLD Earn Flex I increase my amount of BTC every few weeks, and this is how I slowly work towards aim no. 1.
Now diversification: I do not only pay attention to the market, I also background check the coins - the project as well as the technological aspects behind a coin must somehow convince me.
Since I invest in BTC as a solid layer-1 solution that has been around forever and WLD as an ETH based layer-2 alternative (wouldn't be here without it!) I wanted something technologically different but also relatively "stable" in value. Classic ETH or third generation crypto maybe?
Six months ago I would have been sure to invest into Ethereum or Cardano, but the more I learn I tend towards #Solana and #Zilliqa . Why? Both of them are concerned with problems of the Ethereum Blockchain, they provide technologically superior solutions and they don't seem to follow the development of the Bitcoin-value as much as other coins.
Solana has proof-of-history, high scalability which I think is quite convincing as well as an active community for several years now (the value of something, no matter what, can only exist through people believing in it and working with it)
And Zilliqa, a coin with a quite low value at present, actually has the potential to grow not only because of the blockchains' great functional solutions (e.g.sharding and more), but also because of some interesting side aspects: they are around since 2017 and they managed to be listed in a number of crypto-custodian assets who are licensed by the BaFin in Germany (note: custodians, not trading platforms. See full list of BaFin-licensed crypto custodians here, it's only a hand full in germany so far: https://portal.mvp.bafin.de/database/InstInfo/sucheForm.do?institutName=&institutId=&institutBakNr=&institutRegNr=&kategorieId=28&sucheButtonInstitut=Suche) Since Europe and Germany are quite conservative in licensing crypto traders and especially custodians, I think it's remarkable that a coin like Zilliqa is among their restricted assets. (E.g. Finoa, BitGo Europe...)
It's always good to check if a coin is supported by officially licensed traders and custodians in your country, it means that a project is accepted and stable in legal and political terms. (WLD is not btw 🤣) And of course: Zilliqa launches a major compatibility upgrade "Zilliqa 2.0" next month, which might catapult the project fast forward.
The price was low and I decided it was a good moment to convert some of my crypto into #ZIL (pls relax dear people, its only 1,2% of my portfolio!)
About Solana: I don't own any #SOL right now, because the bullish rally did not seem to end and I think Feb/March was not the best moment to enter Solana at such a high price. I will probably have to wait for the next dip (maybe after halving?) to enter Solana, we will see.
I will slowly grow my Zilliqa and Solana holdings during this year by converting my Earn Flex excess.12 Months from now, I will decide if I continue to hold both, hold only one and convert the other, or if I change my mind and convert both into something more promising.
Outcome so far:
Starting Aug 23: 0,00€ (0 WLD /0 BTC)
-> Jan 24: ~300,00€ (55 WLD /0,002 BTC)
->March 24: ~550,00€ (25 WLD /0.0049 BTC /200 ZIL)
Only with WLD Airdrops, zero money investment.
And yes, there was a moment during the rally last month when I thought: sh*t, I could have made more money if I didn't convert WLD to BTC, because WLD grew way more! 🤣 but this is not what my strategy is about. I don't want to make a lot of money in a short period of time, I want to build a stable portfolio and investing strategy from nothing.
Let's see how this turns out, follow for updates :)
Disclaimers: I am not sponsored and this is no financial advice, I am just sharing what I do, how and why I do it.