【Virtual Currency for Beginners】Today’s Investment Summary

 

Nice to meet you!
I'll be posting my investment results for a long time to come, so if you're interested, I hope you'll keep reading!

 

【Summary(105 yen = $1)】
・Total
Current total amount

$2,952
Total investment amount 

$2,714
profit/ loss

+$238
Cash in my account

$2,408

 

【Per Account】

・Account①Coincheck

Current total amount :. $444
Investment amount   :   $333

profit/ loss                  :+$110

Cash in my account  :   $291

f:id:naonaokurokuro:20210207232706j:image

Source: From Coincheck Total Assets

・Account②bitbank

Current total amount :$2,508
Investment amount   :$2,380

profit/ loss                  : +$127

Cash in my account  :$2,075

f:id:naonaokurokuro:20210207233413j:image

Source: From bitbank Assets

 

【The currencies that  I have】

Ripple(XRP)
Investment amount:$190.4

Current price          :$219.6


Bitcoin Cash(BCH)
Investment Amount:$47.6

Current Price           :$47.6

MONAcoin(MONA)
Investment Amount:$190.4

Current Price           :$213.6

 

IOST(IOST)
Investment Amount:$33.3

Current Price          : $99.9

Engine Coin(ENJ)
Investment Amount:$4.76

Current Price           :$4.68

 

【The reason why so much cash in my account】

Recently, the percentage of cash in my virtual currency trading account has been increasing. Even in both my Coincheck and bitbank accounts, about 70% is in cash. The reason why I hold so much cash is because I am concerned about a crash.
Bitcoin is now well over 4 million yen. I have decided that I will sell my holdings if I make a profit of more than 10-20%, so I sold my virtual currency holdings a while ago. I believe that the best way to avoid failing in high volatility products is to "shorten the holding time" and "not to make mistakes in investment timing. Therefore, you can think of it as a time when I'm looking for the right timing. If it goes down, I think I'll invest all at once!


That's all for today's virtual currency speculation results!