My Crypto Porftolio ✨
Is my first post here and wanted to share my crypto portfolio with the community to get ideas and feedbacks.
The average purchase prices are correct, the purchase dates are not, as I wanted to unify all my cryptos into one getquin portfolio so I could share it.
About cryptocurrencies, I find important to recognize that many projects have specific functions and try to contribute concretely to solving real problems.
As a result, the price of related tokens could be positively affected by these developments.
I don't not look at all cryptocurrencies as memecoins that grow only because of hype, but want to understand which ones can actually bring innovation and solve real problems (like many of those we have listed).
It is also important to remember that the value of a token depends not only on the number of people who hold it, but also on the amount of actual use of the technology they represents. These are not just speculative assets, but real projects whose deserve to be evaluated, studied and, if potential is seen, even invested in.
About my selection (except for $BTC (-0,3 %) and $ETH) (+0,28 %):
High-performance blockchain designed for speed and scalability, ideal for dApps and DeFi. The SOL token is used to pay transactions, staking, and securing the network.
Its value is based on speed, low transaction costs and growing adoption in areas such as NFT, DeFi. I also strongly believe in its value in this cycle because many Memecoins are built on Solana.
TAO is a cryptocurrency designed to support decentralized infrastructure by combining blockchain and artificial intelligence. It serves as an economic resource to pay for services and participate in project governance. With a limited supply, it aims to provide security, transparency and scalability in areas such as machine learning and big data. Its intrinsic value depends on adoption and possible strategic partnerships, but deployment is still limited, and its success is tied to its ability to establish itself in innovative areas.
Blockchain for smart contracts, dApps, decentralized finance (DeFi) and customizable subnets. AVAX is used to pay transaction fees, staking and governance participation.
It is emerging as a crucial hub for gaming on blockchain because of the ability to create dedicated subnets. These subnets allow developers to build gaming worlds with high speed and low cost, without overloading the main network.
Its value is based on scalability, interoperability, and growing adoption in both the financial and entertainment sectors, including gaming, which is a rapidly expanding market.
Injective is a blockchain designed for high-performance decentralized financial applications (DeFi) with a focus on speed, scalability, and interoperability. It is optimized for creating and managing decentralized markets, derivatives, trading, and other financial applications.
Injective stands out for its approach to interoperability, allowing different blockchains like Ethereum to connect to its ecosystem. It also offers ultra-fast execution and low fees, making it ideal for trading and other DeFi applications.
Injective's intrinsic value comes from its ability to host advanced DeFi applications and its burning mechanism, which supports its price.
Utility token from the Nexo ecosystem, a platform for crypto loans and financial services.
The utility token lies in access to exclusive benefits such as reduced interest rates on loans and higher returns on crypto.
Its value comes from its role in Nexo's incentive system and the growth of the platform.
Native token of the Cronos blockchain and the Crypto.com crypto exchange.
CRO is used to pay transaction fees on the Cronos blockchain, for staking, and for benefits in the Crypto.com ecosystem (cashback on cards, better rates).
Its intrinsic value is based on adoption of the Cronos blockchain and, as with NEXO, exclusive benefits for Crypto.com users, as well as its role as a utility token for various applications.
I chose this utility token as I find the Crypto.com app to be one of the most user friendly for new users in the industry, and I think it will be one of the most widely used during this cycle.
Crypto.com is also developing several fintech services to expand its products and audience.
Render solves the problem of rendering digital content, which requires a lot of computing power. Currently, content creators use expensive hardware or centralized cloud services, both of which are expensive and have long wait times. With the growing demand for advanced graphics in areas such as gaming, metaverse and NFT, cheaper solutions are needed. Render uses a decentralized network of unused GPUs (e.g., from gaming computers) to perform rendering jobs. Users pay with the RENDER token, lowering costs and speeding up rendering times, without the need for expensive hardware. This model democratizes access, providing benefits to all, both for those requiring rendering and those providing computing power.
Kaspa is a blockchain-based cryptocurrency designed to be ultra-fast and scalable, using a consensus mechanism called GHOSTDAG, a different approach than traditional blockchains such as Bitcoin, which uses Proof of Work (PoW). The main feature of Kaspa is its ability to scale without limits, being able to handle thousands of transactions per second. This makes it ideal for applications that require high performance, such as fast payments and real-time financial applications.
The KAS token is used to pay transaction fees and for mining. Kaspa's intrinsic value depends on its ability to solve the scalability problem in blockchain by providing a faster and more efficient network, especially as demand for fast transactions increases. Its unique structure makes it a promising solution for global adoption.
Certainly the riskiest project among those selected, it currently has a market capitalization of 200 million and a potential, in my opinion, to reach 20 billion by 2029.
The risk is very very high, but the growth potential I see in this project and the potential return make it riskier for me not to expose myself to it. Like $KAS (-3,19 %) , Qubic has a promising structure for achieving global use. It stands out as a decentralized computing and finance platform, leveraging a quorum-based computer system.
The platform is powered by computors and employs a Proof-of-Work Useful (UPoW) system, which not only provides security but also improves efficiency. This UPoW system is distinctive because it involves mining that trains the AI, subsequently powering the development of its tier 2 solution, Aigarth. This innovative approach positions Qubic as a pioneer in combining blockchain technology with AI training and validation.
Qubic supports decentralized applications (dApps) and facilitates fee-free transactions. The platform's capabilities extend to smart contracts, micropayments, and decentralized computing, making it a versatile tool for various applications.
Filecoin is a decentralized data storage network that allows users to rent storage space on their devices or purchase it from other network users. The platform leverages miners who offer their storage capacity in exchange for the FIL token.
The main advantage of Filecoin is the decentralization of storage, reducing dependence on centralized providers such as Google Drive. Because of its scalability and security, the network grows as demand for secure and private storage solutions increases. The value of FIL depends on the network's ability to offer a more cost-effective, secure, and accessible solution than traditional centralized cloud services.
I missed my train with $SUI (-1,98 %), another project that is showing high potential.
The current exposure in cryptocurrencies in my total portfolio is about 30 percent. I am young, lead a simple lifestyle, have long-term investment plans, and am comfortable even seeing major fluctuations in my portfolio.
My plan after this cycle is to convert potential profits half into bitcoin, to carry forward my long-term accumulation, and half into cash to reinvest in future projects.
I will remain exposed in a very small percentage on $WTAO (-5,55 %) and $QUBIC (-5,17 %) , the projects in this selection in which I have the most conviction for the next cycle.