Model Cryptocurrency Portfolio for the Long Game! Buy, HODL and Grin!

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·@nomadwire·
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Model Cryptocurrency Portfolio for the Long Game! Buy, HODL and Grin!
<p>As Warren Buffet repeatedly makes clear, markets go up over time. Investing for the long-term is the easiest and most effective way to generate amazing returns. The one caveat is investments must be held for years (think 5 to 10 years, realistically). One missed opportunity I have never forgotten is Netflix. In 2007, I considered investing a few thousand dollars in Netflix, but I never went through with it. Of course, we now know that $1,000 invested in Netlix in 2007 would be worth approximately <a href="https://www.cnbc.com/2017/12/04/if-you-put-1000-in-netfix-10-years-ago-heres-what-youd-have-now.html">$52,000</a> today.&nbsp;</p>
<p style="text-align: left;">https://steemitimages.com/DQmRC7VHi8Win83WMJZ2Dp7xaJZjRV9tkMJfDqaiWcM1Jim/silver.jpg</p>
<p><strong>Innovation and Change Mean Opportunity for Investors!&nbsp;</strong></p>
<p>Today, we are witnessing a major technological revolution. The Internet-of-Things, augmented reality, self-driving cars and Blockchain will soon be commonplace in our society. Many of us cryptocurrency enthusiasts want to make quick gains and cash out early. I do too, but I also beleive that setting aside some funds for the long game is an essential move. I want to avoid repeating the mistake I made in 2007.</p>
<p>Accordingly, I have invested a small amount in cryptocurrencies with the intent to hold the assets for 5 to 10 years. Below is my model portfolio. For those who wish to buy and hold for the long-term, I hope this is helpful to you. The model portfolio uses the $1,000 mentioned above for consistency. This is only an example.&nbsp;</p>
<p><strong>Model Portfolio (prices based on <a href="https://coinmarketcap.com/">CoinMarketCap.com</a>)&nbsp;</strong></p>
<table style="height: 210px;" width="475">
<tbody>
<tr>
<td style="width: 111.559px;"><strong>Coin</strong></td>
<td style="width: 112.373px;"><strong>Price on 12/29/2017</strong></td>
<td style="width: 112.373px;"><strong>Invested Amount</strong></td>
<td style="width: 112.373px;"><strong>Share of Portfolio</strong></td>
</tr>
<tr>
<td style="width: 111.559px;">Bitcoin</td>
<td style="width: 112.373px;">$13,996.30</td>
<td style="width: 112.373px;">$150</td>
<td style="width: 112.373px;">15.00%</td>
</tr>
<tr>
<td style="width: 111.559px;">Ethereum</td>
<td style="width: 112.373px;">$726.36</td>
<td style="width: 112.373px;">$150</td>
<td style="width: 112.373px;">15.00%</td>
</tr>
<tr>
<td style="width: 111.559px;">Litecoin</td>
<td style="width: 112.373px;">$233.19</td>
<td style="width: 112.373px;">$150</td>
<td style="width: 112.373px;">15.00%</td>
</tr>
<tr>
<td style="width: 111.559px;">Ripple</td>
<td style="width: 112.373px;">$2.70</td>
<td style="width: 112.373px;">$120</td>
<td style="width: 112.373px;">12.00%</td>
</tr>
<tr>
<td style="width: 111.559px;">Stellar</td>
<td style="width: 112.373px;">$0.343761</td>
<td style="width: 112.373px;">$120</td>
<td style="width: 112.373px;">12.00%</td>
</tr>
<tr>
<td style="width: 111.559px;">NEO</td>
<td style="width: 112.373px;">$67.53</td>
<td style="width: 112.373px;">$65</td>
<td style="width: 112.373px;">6.50%</td>
</tr>
<tr>
<td style="width: 111.559px;">IOTA</td>
<td style="width: 112.373px;">$3.39</td>
<td style="width: 112.373px;">$65</td>
<td style="width: 112.373px;">6.50%</td>
</tr>
<tr>
<td style="width: 111.559px;">Cardano</td>
<td style="width: 112.373px;">$0.520531</td>
<td style="width: 112.373px;">$60</td>
<td style="width: 112.373px;">6.00%</td>
</tr>
<tr>
<td style="width: 111.559px;">Bitcoin Cash</td>
<td style="width: 112.373px;">$2,624.59</td>
<td style="width: 112.373px;">$60</td>
<td style="width: 112.373px;">6.00%</td>
</tr>
<tr>
<td style="width: 111.559px;">Augur</td>
<td style="width: 112.373px;">$69.88</td>
<td style="width: 112.373px;">$60</td>
<td style="width: 112.373px;">6.00%</td>
</tr>
<tr>
<td style="width: 111.559px;"><strong>Total</strong></td>
<td style="width: 112.373px;">&nbsp;</td>
<td style="width: 112.373px;"><strong>$1,000</strong></td>
<td style="width: 112.373px;"><strong>100%</strong></td>
</tr>
</tbody>
</table>
<p>It is worth pointing out that all but two of the coins mentioned are in the top 10 list by market cap. Augur and NEO are not in the top 10, but I strongly beleive they should be in any long-term portfolio. All the coins above have strong potential for appreicating greatly year-on-year and, in our case, delivering the same value as tech companies in the early 2000s. I wish you all success!&nbsp;</p>
<p><em>This article is for informational purposes only. It should not be considered financial advice. Please be responsible and prudent with your investments.&nbsp;</em></p>
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