Invested $16,000 in altcoins during 2021. Here's my current status

The present value of my portfolio stands at $5,300, which is an increase from $3,000 just a week ago. Below is the list of my coins along with the purchase details:

  • TokenA - 5/5/21 - $25.00 each - $2,000 total spent
  • TokenB - 2/12/21 - $6.16 each - $4,472 total spent
  • CryptoC - 11/14/21 - $4,690 each - $558 total spent
  • TokenD - 5/7/21 - $16.60 each - $1,975 total spent
  • TokenE - 5/7/21 - $1,380 each - $1,975 total spent
  • TokenF - 2/21/21 - $0.49 each - $2,112 total spent
  • MemecoinG - 11/10/21 - $0.0000545 each - $436 total spent
  • TokenH - 5/7/21 - $0.16 each - $2,546 total spent

I believe my calculations are accurate. After the integration of my Coinbase Pro account with Coinbase, it disrupted my cost basis and I had to manually review my transaction history.

Reflecting on my past choices, I might have made some questionable investments, and I acknowledge the potential for making more in the future. Cheers!

hey there, StrummingMelody! it seems like you’ve been riding the crypto rollercoaster! i’m curious, which of your current holdings do you feel most optimistic about, in terms of long-term potential? and about that big jump from $3k to $5.3k, do you think it’s due to any recent market events or updates on any specific project? it’d be really cool to know how you’re gauging the industry vibe these days. sometimes, discussing these things leads to some great insights! :smiley: looking forward to your reply!

Diversifying your investments across various altcoins shows you’re open to exploring different opportunities in the crypto space. Even though the market is quite volatile, which can be nerve-racking, sometimes these price jumps can be a sign of potential future upward trends or recoveries. It’s crucial to keep updated with the latest developments in each project you’re invested in, as crypto markets react swiftly to news and innovations. Personally, I find following community updates and technical advisories, and attending webinars from credible sources helps me stay informed and make more calculated decisions. Keep learning, it’s an ever-evolving space!