IOTA

My "What if?" portfolio

Would have, would have, bicycle chain

Do you know this? You're sitting around like this, you're unemployed, you're 6 months behind with the rent, your landlord has given notice and your girlfriend is now with @Testo-Investor because he's a real doer. And while you get up because the bailiff is taking away the last armchair you were sitting on 5 minutes ago, you think to yourself "At least I don't have to organize a move anymore. But if I had invested in $BTC (-0,24 %) then none of this would have happened".

We mourn missed opportunities. Opportunities that we didn't know about ("Bit... what?"), opportunities that we didn't believe in ("Somehow the old job is more comfortable, I don't need that bit more money and promotion opportunities") and opportunities that we screwed up ourselves ("lol, they're actually offering 100 euros for my $NVDA (-2,33 %) shares. Take my stock, you fools"). But is it really that bad?

In 2022, I wrote my post "Why it makes sense to sell bad buys at a loss" https://app.getquin.com/activity/JMQwETSOoS . Back then, there wasn't even formatting for posts on getquin. We had to use shoddy tricks, which is why the umlauts in headlines looked so funny. But I digress. Anyway, I was busy selling positions and was in the middle of finding my strategy, which was still changing or at least concretizing over the last few years. As I continuously pushed ahead with my change in strategy, I sold some positions. Not primarily because I no longer believed in the positions, but because they no longer fitted into my strategy of a leaner and less expensive portfolio.

For example, a few weeks ago I sold $HBAR (-0,63 %) with a loss of over 60%. Since then, the coin has risen by around 180%. I also sold Nvidia in January 2022 for EUR 26.315 (split-adjusted) - at least at a profit. The list goes on and on.

Do I regret the sales? Of course it hurts to see how much return has fallen by the wayside. But I stand behind my overriding goal of adjusting my strategy, so I have absolutely no regrets.

But sometimes I still ask myself: what if? And that's why I created my "What if?" portfolio on getquin. All my sales are listed there as purchases with the selling price at the time and the corresponding quantity. In other words, it tracks the price development since the sale. And with this portfolio feedback I give you an exclusive insight - including absolute values.

What do I learn from it?

• It's amazing that you've made it this far. I really tend to beat around the bush. And you almost seem to be in love with me, the way you're glued to my lips.
• In retrospect, some sales were really annoying, e.g. Nvidia
• Despite high returns recently, I'm not at all annoyed about the sales of $ADA (-1,99 %), $HBAR (-0,63 %) and $IOTA (+1,27 %). Overall, the difference is only a few hundred euros and therefore peanuts in the portfolio. Moreover, the positions would still have been very far from the entry price
• Other positions performed rather mediocre to poorly, for example . $YOU (+0,38 %), $MPW (+0,24 %) or $BAYN (+1,36 %). Here the sale definitely made sense
• Overall, I have sold relatively little of my portfolio. The sales currently only make up a fraction of my overall portfolio
• Of course, it should not be forgotten that I have reallocated the proceeds from my sales to my existing portfolio (crypto to crypto, shares and ETF to ETF) and a return was also generated here
• My "what if" portfolio achieved a TTWROR of under 20%, while my aggregated portfolio generated a TTWROR of over 30% in the same period
• It's damn difficult to time the market. I can't do it. So I don't even try

Looking back, I did everything right. But even if I hadn't, I wouldn't have any regrets. So don't fret about missed opportunities, stay true to yourself and focus on the future.

$MIOTA (+1,27 %)

$IOTA (+1,27 %)

There are probably 2x

In case anyone is wondering about the price increase today.

https://blog.iota.org/iota-rebased-fast-forward/

How I beat the MSCI World by over 25,000% over 13 years

Part 2: How I helped launder the Bitcoin that was stolen from me and lost it all a second time.

You can find the first part of my investment story (incl. background and TL;DR) here: https://getqu.in/JldknL/

Nice to have you back for part 2. Before I resolve the cliffhanger from part 1, let's first take a look at another topic:

Financial development until mid-20s

Of course, there was still a world outside of Bitcoin for me. I was able to increase my salary to a good 36,000 euros gross after 8 years (including training). Simply through growing experience and further training. That gave me room to breathe again. Insurance and savings were now appropriate for my salary. And slowly but surely, with my modest lifestyle, I didn't know what else I could sensibly spend my money on. So I went to my trusted bank advisor and occasionally invested four-figure sums in managed funds with poor returns and nasty initial charges. I also regularly put money into various fixed-term deposit products. My goal, if I had one at all, was to build up equity for a property for my own use. I also took out a private pension insurance policy.

I continued to do this until around 2018. In between, however, a lot happened in my crypto portfolio.

How I lost everything several times

In 2014, my Bitcoin exchange, Mt Gox, unfortunately went bankrupt due to a hack or something similar. I had everything on Mt Gox and never cashed out. My scarce 10 $BTC (-0,24 %) and 1,000 - 2,000 USD were gone.

However, I didn't want to be discouraged by this and shortly afterwards started to build up a new portfolio on BTC-e, another crypto exchange. I also bought altcoins there for the first time. Of course, again without having understood anything. I seriously imagined that any coins worth billions could rise to a unit value like Bitcoin. I had never heard of market capitalization 🤦.

Of course, I hadn't learned anything from Mt. Gox and left all my coins on BTC-e. It came as it had to. The US Justice Department shut down BTC-e in 2017. Reason: BTC-e was involved in the money laundering of Mt Gox coins 😂. You can't make this stuff up. I helped launder my own stolen coins, so to speak 😅 and ended up losing everything twice.

More stupid decisions

Everything? Not quite. BTC-e came back as WEX.nz. Former BTC-e customers had the chance to get some of their former deposits back. So I was able to recover at least some of my coins.

As was to be expected, WEX.nz also disappeared from the scene without a trace a short time later. But in the meantime, I had finally learned my lesson. My coins were already safely stored on my hardware wallet at the time. At the same time, I decided to invest a few thousand euros in Bitcoin and randomly selected altcoins such as $ETH (-0,24 %), $DASH (-0,77 %), $XRP (-1,53 %) and $IOTA (+1,27 %) to invest. Of course, I still didn't understand what I was actually doing. I used Kraken and Binance as crypto exchanges.

This was also the time of ICOs (Initial Coin Offerings). Every fool created their own cryptocurrency and tried to sell it to the people with wild promises. Of course, I was also tempted by the quick money 🤦. I invested around 1,000 euros in the tokens of a crypto AI project (cryptics.tech), which promised to use AI to predict crypto price movements with sufficient accuracy to enable profitable trading. I actually traded for a few months following the AI's recommendations. But this project soon disappeared - along with my 1,000 euros.

As you can see, I'm pretty good at acting first and thinking later. Of course, this doesn't stop in part 3 either. But then it's even more fun, because I've climbed the ladder in the meantime, increased my salary and was able to make stupid decisions with more money. I followed in the footsteps of my bank advisor, so to speak 🚀

You can now find the third part here: https://getqu.in/sfTZ3P/

Shifting the mortal remains of the Shitcoins $IOTA (+1,27 %) (Idiota) and $HBAR (-0,63 %) (weed) into the slightly smaller Shitcoin $ETH (-0,24 %) . As always against the recommendation of the getquin community, which would have considered an investment in $BTC (-0,24 %) would have made more sense 👍

https://getqu.in/HOakoX/

Pictured here: Only half of my new $ETH (-0,24 %) in the depot

Get rid of the rotten eggs!

I have watched the tragedy of $IOTA (+1,27 %) and $HBAR (-0,63 %) long enough now. I reactivated my Binance account yesterday and will sell the two cryptos. Even if they were to increase tenfold (which I don't believe they will), I would just about recoup my investment. Then I'd rather invest in $ETH (-0,24 %) and $BTC (-0,24 %) then.

But where exactly should I reallocate? Normally I would put everything into $BTC (-0,24 %) to shift. But I already have 6 figures in there. In $ETH (-0,24 %) only 4 digits. The effects of $ETH (-0,24 %) would therefore be greater. However, this is only a mini position anyway.

Vote!

😭 Of course in $BTC (-0,24 %)

😂 Naturally in $ETH (-0,24 %)

♥️ Just do 50:50 (and pay the withdrawal fee twice)

🚀 Oh donkey. Don't be so conservative! You're back on Binance? I've written a coin in the comments that will help you recoup your loss in no time. Trust me.

I'm into crypto right now and these 3 are on my watchlist along with Bitcoin and Ethereum. What do you guys think about it? See a lot of potential

IOTA up +45% since the shorts rose by 2,500% overnight.

Things are starting to get interesting 🧐

Let's see when the bears cover their shorts to limit the loss.

What do you think 🤔

Shorts on IOTA have risen ~2,500% overnight out of nowhere and are higher than ever before.

However, the price has risen by 25%.

Perhaps interesting for @monchella

From now on you also have insight into my crypto portfolio! 🙏🏼

I personally got into this asset class rather late in April. Had it on my radar since December, but was not yet familiar with the apps where you can trade them. Now I mainly use Binance and for a small coin KuCoin. The BUX token.

How many of you also hold cryptocurrencies and what are the reasons if you are not yet?

Is Iota a good investment for the long term e.g. 10 years?

$IOTA-USD (+1,27 %)