Here are my currenct crypto investments and prices as of 12/27/2017

Now that I’m writing more and more about Cryptocurrency on my blog, and in tandem investing more into crypto I thought I’d start a new weekly post to track my portfolio. I have been investing in cryptocurrencies since 2015 but really only stepped up my game in the August/September timeframe this year. Since then I’ve seen some incredible growth particularly with Ethereum and Litecoin.

This month I bought back into Bitcoin when it dipped into the $13,000 range and added Bitcoin Cash, Ripple, and Verge to my portfolio. Given how much the cryptocurrency market can change in a week I thought it would be fun to share how my portfolio grows, or shrinks on a weekly basis.

One important thing to point out here is that, like domain names and most other investments that I make, I’m a long-term investor so I’m looking over a 5+ year time horizon, not a week, not a month, not even a year. Another important note, every penny I put into cryptocurrency came from profits from other investments. So if every single cryptocurrency I decide to invest in goes to zero, it’ll be okay since I haven’t put a dime of money in that I didn’t get as profit from previous investments.

I know a lot of people are getting excited about cryptocurrency (for me more than ever!) but it’s important to remember how risky this is. Don’t put your life savings, or any savings for that matter into cryptocurrency. With so much volatility in the market I do think you need to be okay just hanging on and not touching your crypto investments for years. So that means you can’t panic if it drops by 50% overnight and sell…instead you need to HODL, hold on for dear life.

Last but not least, I’m not expert here. Like I said, I’m investing profits, this is play money that I could lose overnight and nothing would change in my life. I also have very limited experience with cryptocurrency so I wouldn’t look at my investments as guidance for anything you should be doing yourself, I’m doing somewhat educated guessing like most people.

Okay, so without further ado, here’s the first of my weekly cryptocurrency portfolio updates:

morgan-crypto-portfolio-12-27-2017

Now I’d love to hear from you. What do you think about the investments I’ve made so far? Comment and let your voice be heard!

{ 17 comments… add one }

  • Todd Boyles December 27, 2017, 1:07 pm

    I made and cashed out 3.8 Million Dollars in BTC, retired enjoying my life with my kids and grandkids. I could of held out and made much more, but I have enough money to set up my kids and grandkids for life and that was the goal. Good luck to you Morgan and the other’s chasing the dream, I wish you well.

    Reply
    • Cate Colgan December 30, 2017, 3:46 pm

      Good for you Todd! I have a few friends who have done the same 🤗 do what’s right for you and your family is what I always say! I’m long on ETH, DNT, PRE, RHOC, BLT and a few others – I’m always about the projects long term and a HODLer 😉

      Reply
  • David Eccles December 27, 2017, 1:13 pm

    Morgan,
    Nice Portfolio. I have bought the following: Verge, Ripple, Tron, IOTA, Ether and Litecoin. Verge is very unstable right now due to some fake news about it showing up on Twitter and other places. Did you get a chance to check out my site http://www.CoinMarketPrice.com yet? What do you think? I have a domain specific Crypto site coming out in the coming days called http://www.DigitalCoinDomains.com the idea is to make a Crypto only domain marketplace to buy and sell domains.
    Dave

    Reply
  • John M December 27, 2017, 1:20 pm

    Morgan could you please share your thoughts on the best exchanges to buy Ripple Verge etc? Thank you and Happy New Year.

    Reply
  • Tristan December 27, 2017, 1:25 pm

    Reply
  • jin December 27, 2017, 1:37 pm

    Morgan,

    you need to stop reporting false news. furthermore, please correct your post of ripple posted yesterday.

    there are comments in that post, and you are just ignoring them?

    Reply
  • page howe December 27, 2017, 2:55 pm

    saw the Ripple guy on Cnbc today, takes some stones to say $60 Billion (now 80 Billion) market cap with a straight face.

    but its not about the money…….

    Page

    Reply
  • John December 27, 2017, 4:46 pm

    I love it. Check of Coinigy out of Milwaukee. I read an article yesterday on them. They are an crypto aggregator platform. They enable one to hook up all their different brokers/exchanges with api keys onto their site.
    I need to look into it and figure out how to use the site.
    https://www.coinigy.com/
    https://www.coinigy.com/bitcoin-exchanges/
    Let me know if you end up using them.

    Reply
  • Jose December 27, 2017, 5:53 pm

    I think that investing in cryptocurrencies is like the game you play with someone else and we do not know what character it is.

    I know that there are people hooked to this investment game, they lose and they earn more or less benefits I would say no, that if they have this money to spend and no one will ask for explanations.

    Reply
  • Daisy K December 27, 2017, 6:41 pm

    its called Cryptocurrency not crypto

    Reply
  • Anunt December 27, 2017, 10:21 pm

    If you can really hold it for 5 years, your crypto portfolio will be worth over $1 million for sure.
    Every time it doubles, i always hit the sell button and take out profit.
    I wish i could hold on…just too greedy.
    Anyways good luck!!!
    Looks like another great buying opportunity right now!!!

    Reply
    • Andrea Paladini January 11, 2018, 6:22 pm

      IMHO this “crypto-currency portfolio” will be worth roughly ZERO in 5 years from now.
      Just wait and see … 🙂
      Good luck!

      Reply
  • Anthony Mitchell December 28, 2017, 2:33 am

    Morgan, the trust you’ve built up over the years by writing honestly about domain investing carries over well to cryptocurrencies, at a time when newbies to crypto may have few other trusted sources of information. It’s great to see your coverage here. Thank you.

    Reply
  • Jeff Schneider December 28, 2017, 3:15 am

    Hello Morgan,
    This just may save you Money and Reputation.
    Bitcoin = ( This Dog Don’t Hunt ) JAS

    Gratefully, Jeff Schneider Former (Rockefeller I.B.E.C. Marketing Intelligence Analyst/Strategist) (Licensed C.B.O.E. Commodity Hedge Strategist.) (UseBiz.com)

    Reply
  • Brand.direct December 29, 2017, 5:08 pm

    Good choices. The problem is all these project are great but you most likely bought in late in the game. You will certainly make okay profits but nothing major. You all need to look into the project and team of mona.co. Their Visa cards will bridge the gap of BTC and spending in the real world. Other projects cant compare (TenX, centra). They are about to go full blast live in January or Feb

    Reply
  • Rafael Castillo January 4, 2018, 8:26 am

    Any recommended sites on where to start?

    Reply
    • Morgan January 4, 2018, 10:14 pm

      I’d recommend reading CoinTelegraph.com and Reddit, each alt coin has its own subreddit so that’s a great place to do a deeper dive.

      Reply

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