Dear Steemians,

**It has been a long time that I wanted to launch a Collaborative #SteemFund to help new CryptoInvestors to make good choices.**

https://steemitimages.com/0x0/https://www.policybazaar.com/images/Life/Mutual-Fund.jpg
[Image Credit](https://steemitimages.com/0x0/https://www.policybazaar.com/images/Life/Mutual-Fund.jpg)

### How does it work ?
**I started by making a quite diversified Crypto Investment Fund with cryptos I like and think have great underlying projects.**

Every week, depending on the comments I receive on this post or on my [Twitter account](https://twitter.com/VinnieLemon), I will make a survey asking if we should integrate a new "Crypto".

**The one receiving the most votes will then be integrated in the Portfolio.**

We will track the Portfolio Performance on a Weekly Basis.

### This initiative can ONLY work if Steemians gather to discuss Crypto Projects and come together

## Portfolio as of May, 9th

https://s9.postimg.cc/fbi8v32u7/20180509.png

## Performance of #SteemFund

https://s9.postimg.cc/mrhigwlen/Perf12.png

**Our Portfolio Value is currently standing at $12,211 (+22.21% since February, 9th).**

**SteemFund was launched almost during the ATH of the CryptoMarket and was losing ground the first weeks.**

We lost some % of Performance this week even with Augur's strong run.

Our diversification and collective thoughts paid off ! It is always great to have so good advice from the Steem community. 

### List of Holdings
* Steem: If you read this, you know why. I am still mad that I did not buy more at <1$
* Eosio (EOS): I believe in Dan Larimer; he already developped 2 great projects (Steem and Bitshares) and as the Co-founder of Steemit on @SGTReport said about Dan larimer and its EOS ICO: “The people who say that there is no product yet, Dan has built 2 of them if they think he’s not gonna build the 3rd one, they’re crazy. This is the one he always wanted. The other 2 were just helping him get there”. EOS Meet-up in NY taking place today, AirDrop in 2 weeks of their first partner.
* Ethereum (ETH): In my opinion, it has been the most exciting project in cryptos so far. This project has been copied or inspire many other hot cryptos (NEO, EOS...). Devon3 gathering brought a lot of visibility on Ethereum's next improvements especially on the scalability issue.
* Siacoin (SC): Siacoin is a solution that allow companies to use storage in a decentralize on Siacoin network. “Miners” are renting their storage capacity. It is 5-10x less expensive than with traditional companies as Amazon Web Services, Google, etc…
* Golem (GNT): It is a cryptocurrency allowing you to use the calculating power of the computers connected to its blockchain network. This is useful for companies looking to rent some calculating power for a project, etc…
* Augur (REP): I just like the prediction market project. They have a good team of developers and seem to work very hard on this project. And last but not least but they keep you updated on a weekly basis.

### Transaction Prices
* 1.175 Ethereum at 852 USD
* 220 EOS at 9.1 USD
* 18.5 Augur at 54.9 USD
* 235 Steem at 4.25 USD
* 42000 Siacoin at 0.02387
* 1450 Golem at 0.342
* 4000 BitShares 0.25 USD
* 625 WABI at 1,61 USD
* On March, 31st; We sold 500 STORJ at 0.6658 USD & replaced it with 0.047BTC at 7077 USD 
* On April, 25th; We sold36 EOS at 14.4$ & Bought 7.25 NEO at 71.69$

### What should we do?

#### **I made a 4 choices Survey on Twitter than you can find [here](https://twitter.com/VinnieLemon/status/994249073002778626) concerning the Cryptos we should sell at the moment.**

1. Not Sell anything and stick with this Portfolio
2. Sell 5% of EOS and Buy something else
3. Sell 5% of Siacoin and Buy something else
4. Sell 5% of Bitshares and Buy something else

### In which Cryptos Should we invest the previous sell (if any)?
#### Please find the other survey [here](https://twitter.com/VinnieLemon/status/994249073002778626)
1. Cardano
2. Monero
3. 0x (ZRX)
4. Syscoin (SYS)

### Portfolio as of May, 3rd

https://s18.postimg.cc/44dibsndl/20180503.png

### What do you think of this initiative? I am so excited to read your comments!

### Please share the SteemFund's love by either reposting or voting on Twitter. Thank you in advance

**Related Articles:**
* [💰Update on the Collaborative SteemFund (+27,8% this week!) - 12th Week💰](https://steemit.com/steemfund/@vlemon/update-on-the-collaborative-steemfund-27-8-this-week-12th-week)
* [💰Update on the Collaborative SteemFund (+24,8% this week!) - Back to Positive territory ! - 11th Week💰](https://steemit.com/steemfund/@vlemon/update-on-the-collaborative-steemfund-24-8-this-week-back-to-positive-territory-11th-week)
* [💰Update on the Collaborative SteemFund - 10th Week💰](https://steemit.com/steemfund/@vlemon/update-on-the-collaborative-steemfund-10th-week)
* [💰Update on the Collaborative SteemFund - 9th Week💰](https://steemit.com/steemfund/@vlemon/update-on-the-collaborative-steemfund-9th-week)
* [💰Update on the Collaborative SteemFund - 8th Week💰](https://steemit.com/steemfund/@vlemon/update-on-the-collaborative-steemfund-8th-week)

### You don't want to miss a Crypto news? 
### Follow me on [Twitter](https://twitter.com/VinnieLemon) and [Facebook](https://www.facebook.com/DailyCryptoNewss/)
https://s20.postimg.org/fifks1na5/Comment_Upvote_Follow_Resteem.jpgSell