My Altcoin Stocks Portfolio (at 21/04/16)
In late 2020, I started buying into ethereum stocks/funds to complement my purchases of bitcoin stocks. What few I bought were the ones that piqued my interest. There was no grand scheme or template like I had with bitcoin stocks using bitcointreasuries.org. Basically, whatever came up on postings on stock-related forums or viewings on Youtube that had an altcoin slant, I would look into and try to do some due diligence. Two stocks purchased in late 2020 - Ether Capital (ETHC) and 3iQ Ether Fund (QETH) have gone up 244% and 270% respectively. So far, so good. Lately in 2021, I have diversified into some altcoin stocks, specifically Graph Blockchain (GBLC), a company that is earning staking rewards for the Polkadot, Cardano and Chainlink blockchains and Intellabridge Technologies (INTL), a company working with the Terra blockchain. This coming week in Canada, there will be three Ether ETFs ready for trading. I hope to buy into one. Over the next few weeks I'm looking to participate in publicly-traded companies involved in decentralized finance (DeFi) and non-fungible tokens (NFTs). https://news.bitcoin.com/canada-approves-three-ethereum-etfs-ether-funds-set-to-launch-on-tsx-next-week/ Below are the rate of returns based on my brokerage summary at the end of each week.
**Ethereum Stocks** Ether Capital (ETHC):**+244.5%** (Apr 16/21) **+198.5%** (Apr 9/21) **+169.7%** (Apr 1/21) **+154.3%** (Mar 26/21) **+159.8%** (Mar 19/21) **+180.5%** (Mar 12/21) **+195.8%** (Mar 5/21) **+193.1%** (Feb 26/21) **+225.6%** (Feb 19/21) **+231.9%** (Feb 12/21) **+249.0%** (Feb 5/21) **+170.6%** (Jan 29/21) **+233.7%** (Jan 22/21) **+238.2%** (Jan 15/21) **+277.0%** (Jan 8/21) **+197.6%** (Dec 31/20) **+57.8%** (Dec 24/20) **+68.7%** (Dec 18/20) **+38.9%** (Dec 11/20) **+38.0%** (Dec 4/20) **-17.0%** (Nov 27/20) 3iQ The Ether Fund (QETH):**+269.8%** (Apr 16/21) **+218.5%** (Apr 9/21) **+207.8%** (Apr 1/21) **+165.6%** (Mar 26/21) **+181.7%** (Mar 19/21) **+167.0%** (Mar 12/21) **+129.2%** (Mar 5/21) **+118.7%** (Feb 26/21) **+190.5%** (Feb 19/21) **+230.0%** (Feb 12/21) **+234.9%** (Feb 5/21) **+139.2%** (Jan 29/21) **+119.5%** (Jan 22/21) **+94.2%** (Jan 15/21) **+117.7%** (Jan 8/21) **+39.0%** (Dec 31/20) **+11.6%** (Dec 24/20) **+10.4%** (Dec 18/20) **-3.9%** (Dec 11/20) DeFi Technologies (DEFI.neo):**+22.3%** (Apr 16/21) **+60.9%** (Apr 9/21) **+65.5%** (Apr 1/21) **+72.9%** (Mar 26/21) **+74.7%** (Mar 19/21) **+99.5%** (Mar 12/21) **+130.8%** (Mar 5/21) **+137.2%** (Feb 26/21) **+175.9%** (Feb 19/21) **+49.0%** (Feb 12/21) **-9.9%** (Feb 5/21) DEFI appointed Crypto influencer Anthony Pompliano as advisor. **https://www.globenewswire.com/news-release/2021/03/02/2185089/0/en/DeFi-Technologies-Appoints-Anthony-Pompliano-as-an-Advisor.html** **Other Altcoin Stocks** Graph Blockchain (GBLC): **-14.1%** (Apr 16/21) **-26.7%** (Apr 9/21) **-34.3%** (Apr 1/21) **-39.4%** (Mar 26/21) **-40.0%** (Mar 19/21) While still in the red, the reason I'm in GBLC is that I would like to stake some Cardano in a Cardano staking pool. Given that I have only just begun buying into Cardano, perhaps a better bet is to buy into a stock that already does staking in Cardano (and Polkadot and Chainlink to boot, which are top 10-12 coins per CoinGecko.com). https://www.youtube.com/watch?v=Bm3eesgsrbU https://www.investing.com/news/cryptocurrency-news/graph-blockchain-to-buy-cardano-polkadot-for-staking-2450597 Intellabridge Technologies (INTL):**+73.9%** (Apr 16/21) **+88.2%** (Apr 9/21) **+78.0%** (Apr 1/21) **+2.3%** (Mar 26/21) **+10.5%** (Mar 19/21) **+12.5%** (Mar 12/21) INTL has been a pleasant surprise. They are developing a Kash app that is using the Terra blockchain. **Conclusion** I believe there will a surge of altcoin stocks coming and I hope to buy into some of them in the near future. This coming week I will look into buying a Ether ETF. There's 3 starting to trade in Canada and I will buy the one with the cheapest fees - likely CI Galaxy Ether ETF.
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