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Day 20 – Altcoins Struggle With Bitcoin Dominance

It is a hard time for Altcoins. Bitcoin is still dominating the market, the most money goes to Bitcoin. It can be observed that altcoins a losing value relative to Bitcoin. I believe that we should see Bitcoin price consolidation in the upcoming days, and after that Altcoins should start to grow. Read more about Bitcoin Dominance in my previous post.

Stoic.ai

I use Stoic.ai trading bot, to manage my altcoin portfolio, . If you are interested what Stoic.ai is, I highly recommend reading my previous articles: Day 0 – Binance.com & Stoic.ai and Stoic.ai – Binance Crypto Trading Bot Review

Spot Profit & Loss Analysis

PNL 2021 10 13 135207
PNL Analysis – Stoic.ai

Portfolio

The top 5 altcoins of my portfolio are:

  • Bitcoin Cash (BCH) at $109
  • Monero (XMR) at $96
  • Stellar (XLM) at $85
  • Basic Attention Token (BAT) at $80
  • EOS at $78

My whole portfolio of crypto altcoins, after 20days:

Summary

Not much change since the last update, the altcoins are losing market to Bitcoin. The portfolio value dropped slightly but it’s nothing that I should be worried about. Today send more money to my Stoic’s Binance account via AdvCash(How to Deposit Fiat Without Fee to Binance), the additional money will be counted in the next update(it should arrive later today).
I’m also experimenting with Nexo.io, which offers earning up to 12% APR, paid out daily. I’ve deposited ~100USDC to test the platform. I’ll post more about it later this week.

Investment$2 950
Current balance$3 147
Profit/Loss$197
Investment summary

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