Polygon Forum

$MATIC (+4,95 %)

A bit of gaming is also important to me

Hello everyone

About me:

I have just turned 19 and am still training to be a design engineer. I started investing at the beginning of the year. As my salary is not particularly high, I have not been able to invest regularly until now. I invested what was left over at the end of the month. However, I would like to change this and invest regularly in my portfolio.

My goal:

My goal is to generate passive income so that I can benefit from monthly dividends.

My selection:

A large part of my portfolio is invested in $BMW (-3,91 %) and $MBG (-3,33 %) because they pay high dividends (unfortunately the market has now plummeted). I am also invested in $VUSA (+1,03 %) and $CHDVD because they also pay good dividends, pay out several times a year and because I have heard a lot of positive things about them. With $NKE (+0,58 %) I got a good entry, but I don't know whether I should keep this position or sell it as soon as I have a 10% profit. Regarding $BTC (+3,7 %) I have been decorating weekly for a while, but not again for a long time. I've done a bit of research and reading and have been convinced that cryptocurrencies and especially $BTC (+3,7 %) will reach a new "high". If this is the case, I would exit the position and invest the entire amount in the S&P500, for example (what do you think of this idea?). I have the same idea with $AUDIO (+1,69 %) and $MATIC (+4,95 %) . With $AUDIO (+1,69 %) I already had a previous experience, which ended positively after 1 month and I exited the position. When it fell again later, I got back in, but unfortunately without success so far. However, I have no time pressure and the money invested in $AUDIO (+1,69 %) and $MATIC (+4,95 %) I don't need it and I'm using it to gain "experience". It's good if it ends positively, but if it ends negatively, at least I've learned something from it.

Next steps:

Next, I want to find a stock that pays me dividends in February, August and November. I already have my eye on $AAPL (+0,65 %) . What do you think?

My wish:

I would be happy if someone could give me tips on what I could adjust in my portfolio, possibly also which stocks I should get in or out of and how I should divide my money between the stocks/cryptocurrencies in the future if I were to invest CHF 100 every month.

Many thanks in advance

What do you think, how does it go with $MATIC (+4,95 %) , $DOT (+9,7 %) and $SOL in the next few weeks?

Hello dear Getquin Community,

I would like to share my portfolio with you.

You are welcome to give your opinion or suggestions for improvement.

Briefly about me:

I am 18 years old, live in Austria, work in an apprenticeship and have a savings quota of 40% per month and 25% I invest, which is a total of 300€ as an investment.

I started investing in mid-January 2024.

Custody accounts:

Etf - Depot (Flatex)

60/20/10/10

should be slightly modified from 70/30.

60% $IWDA (+0,72 %)

20% $FVSJ (-1,69 %)

10% $EQQQ (+0,76 %)

10% $WSML (+0,39 %)

I am aware that $IWDA (+0,72 %) and $EQQQ (+0,76 %) has a lot of overlap.

I deliberately wanted to give more weight to the technology sector.

I would like to continue investing here in the long term.

Savings plans per month

$IWDA (+0,72 %) 100€

$FVSJ (-1,69 %) 50€

$EQQQ (+0,76 %) 25€

$WSML (+0,39 %) 25€

Total 200€

Shares - Depot (Flatex)

I only opened this portfolio in April 2024. This is to get some dividends and to go into a few individual positions.

Crypto - Depot (Bitpanda)

Used more for experimentation.

Not all positions are included here in Qetquin. (Due to staking) they are no longer included in the automatic transfer.

I will list the current values here.

$BTC (+3,7 %) 516€

$SOL (+4,76 %) 124€

$LINK (+5,29 %) 116€

$ADA (+25,62 %) 100€

$MATIC (+4,95 %) 94€

$ETH (+2,31 %) 80€

Monthly savings plans:

$BTC (+3,7 %) 25€

$LINK (+5,29 %) 25€

$MATIC (+4,95 %) 25€

$ADA (+25,62 %) 25€

Total 100€

A few (further) thoughts on the current crypto market:

𝗕𝗶𝘁𝗰𝗼𝗶𝗻 𝗘𝗧𝗙𝘀: Yesterday, for the first time, we saw net inflows of over 1 billion US dollars into $BTC (+3,7 %) ETFs for the first time. The inflows are not only continuing, they are 𝘣𝘦𝘴𝘤𝘩𝘭𝘦𝘶𝘯𝘪𝘨𝘦𝘯 increasing. Rising demand meets limited supply...it doesn't take a genius.

$ETH (+2,31 %): Happy Dencun Day! Ethereum will undergo its next major upgrade later today. TLDR: Transactions on rollups become cheaper. Compared to the merge, there is almost no hype around this upgrade - and wrongly so. The fact that almost all memecoins are currently traded on Solana shows that the Ethereum ecosystem still has a cost problem and needs to remain competitive.

𝗘𝗧𝗛 𝗘𝗧𝗙: The market is increasingly pessimistic about the prospect of approval in May. The reasons given are entirely procedural (silence between SEC and applicants). To me, this seems like a healthy expectation, which would dampen the sell-off in the event of a rejection (because it would be priced in), but would bring corresponding upside potential in the event of approval.

𝗔𝗹𝘁𝗰𝗼𝗶𝗻𝘀: While BTC marked a new ATH a few days ago, most altcoins are still lagging behind.

• $SOL (+4,76 %) -43%
• $MATIC (+4,95 %) -58%
• $AVAX (+8,89 %) -63%

Definitely still a lot of potential, but also a very high risk of burning your fingers with leverage.

Big picture: super bullish.

$MATIC (+4,95 %)

The daily transactions on Polygon seem to be increasing exorbitantly. Let's see what's in store for us in the coming months.

I remain bullish for Matic 🚀🚀🚀

https://polygonscan.com/chart/tx

We have now reached the 10th month of the year. Time for a look back.

The typical disclaimer up front: I am merely sharing my thoughts here, the following is definitely not investment advice or a recommendation.

👉🏼Aktien:

My portfolio is once again seeing an exciting rally at the top. In 1st place is still $WMT (+1,81 %) . I am still surprised at how well the stock has performed recently despite recent problems (full warehouses after the coronavirus order boom...). Since around January we have had a great upward trend in the chart, of course with upward and downward spikes. I'm all the more pleased with this development because I can't see this trend among our competitors. $TGT (-0,48 %) here we have had a long-term downward trend since around May 2022. I am holding on to both retail giants.

Also at the top of the chain, but only in third place is $AVGO (+1,15 %) . I don't think I need to say anything about this top stock. 🚀 And now that they are $VMW are swallowing, they are getting a wide and exciting business area.

Surprising for me is 2nd place with $MSFT (+0,15 %) . This stock is developing well and has now made it into my top 3. Therefore $FDX (+2,24 %) and $FAST (-0,16 %) have slipped to 4th and 5th place but are still hot on the heels of the top 3. Speaking of Microsoft, I've been using M365 Copilot at work. It's amazing what this tool can do, and I only had to generate text based on 3 words, which I practically didn't have to change. I was able to configure exactly whether I wanted formal, informal, long or short text... AI is simply, apart from the general hype, one of the important topics of the future. And the IT company that sleeps through it will suffer greatly later on.

On the lowest floors of the depot tower were the $DHL (+0,1 %) as well as $CVX (+0,94 %) and the $DHR (+0,53 %) spin-off $VLTO WI (+1,99 %) have been added.

I have adjusted the reinvestment of my dividends so that a little more of the dividends are also invested in the $CVX (+0,94 %) and the one at the bottom $O (+2,65 %) flow.

With regard to the $DHL (+0,1 %) I am actually thinking about an exchange into the $UPS (-0,58 %) to DHL. Especially because UPS is domesticating in a business-friendly country, while DHL has to deal with a recession-hit Germany. Or would you prefer another candidate from the banking sector with $JPM (+0,97 %) ?

Apropos: Is Germany becoming the sick man of Europe again?

The development of Reality Income share price is a cause for concern for some investors, but I am continuing to hold on to the stock and am selectively adding to it, as I explained in a post a few days ago.

With the Veralto I am just waiting for a suitable price and will then sell it in order to buy Danaher shares in return. An exception to my strict buy & hold strategy.

The fact that Chevron is currently at the back end of my portfolio doesn't worry me, the figures are right and the Hess takeover is imminent. I'm sure you've heard that too ☺️. Without a doubt, I am still certain: oil has a future! 🛢️Wenn we think of everything in our everyday lives that contains just a drop of crude oil, then a lot of things will disappear from our lives.

All savings plans were fully automated as usual.

👉🏼ETFs:

ETFs are boring, but they are the key vehicle for independent retirement provision for everyone. Here the savings plans do what they are supposed to do.

I love savings plans, everything runs all by itself, like clockwork. If only the masses in Germany would open their eyes and understand how easy individual private pension provision is. Just set up savings plans for broadly diversified ETFs that invest worldwide, including standing orders, and you're done. Add bonuses or increase the savings plan amount as your salary rises and you're done.

👉🏼Crypto:

$BTC (+3,7 %) had decided to leave its previous price zone around USD 26K and climb into a new zone around USD 34K due to the events surrounding the spot ETF. This has the nice side effect that I am now finally in the black with my BTC savings plan. I still remember my very first tranche at the time of the last ATH. The feeling when it went downhill.

For $ETH (+2,31 %) the whole thing doesn't apply yet, but I'm on a very good path, it won't be long now.

$LINK (+5,29 %) and $XRP (+5,15 %) are finally in the black for me too, $DOT (+9,7 %) , $MATIC (+4,95 %) and $UNI (+3,96 %) on the other hand are not. In general, I'm really pleased with this development.

The strategy of accumulating via DCA in a bear market and then cashing out DCA-like in a bull market could really work out. I can honestly recommend this strategy to everyone, as there are no hard assets behind crypto. The motto here is: your losses are my profits and vice versa. I neglect staking and other earnings opportunities in this analysis.

So, as already mentioned in previous posts, I am waiting for the bull market here and then getting out of crypto as far as possible in order to possibly accumulate again in the coming bear market after research. As my altcoin accumulation was already completed this spring, the sell-off will be tax-free next year or early 2025. I will probably only keep BTC and ETH holdings that are not yet tax-free when I sell them.

It's actually a shame that my crypto exposure is still very low compared to the rest, the strategy will hardly be noticeable if successful, but the ETF portfolio will still be happy about the upcoming addition.

👉🏼P2P:

Well, if crypto is doing well, stocks and ETFs are doing well or at least satisfactory, then there must be something that is once again a shot in the arm, right?

That's roughly how it is with P2P for me, with one small exception.

Mintos, Peerberry and EstateGuru are suffering from considerable defaults and withdrawals, which is why I am still predominantly exiting this asset class.

And this exit is becoming an increasingly slow process, which is due to the fact that hardly any money is coming back and the "easy" part has long since been withdrawn.

Mintos only has a volume for me that comes close to a movie night for 3 people with food for everyone. And of this sum, everything is delayed. I find the fractional bond innovation exciting, but I don't think I'll be getting involved here anymore. I'm now a burnt child when it comes to this platform.

Peerberry has long had the problem that there are never any loans available that I like. Here, the defaults are loans from Russia and Ukraine, now only Ukrainian loans are still outstanding and the pending amount is absolutely negligible. I still remember that it was loans from these two countries that ran like clockwork until the beginning of 2022. How the world can change overnight. If short-term loans with a maximum term of 90 days were available here, I could imagine a future with the platform. But the end of my relationship with the platform is approaching.

EstateGuru impressed me back then. No failures, super transparent, for me it was like a kind of "replacement" for the property I never had. Now I see 50% of my remaining investment in recovery. At least the collection process itself is working here, even if it is very slow. Will better times come again?

Bondora Go&Grow is the saving anchor of the asset class here. I will invest all the money I get from the other platforms here instead. There's nothing else to say about this platform. It just works and does what it's supposed to. 🙃

👉🏼General information:

An increase in my basic rent has been announced for the start of the new year. Fortunately, the amount is very small, so I won't have to make any cuts to my investment.

I'm also hoping for an upward salary adjustment as part of the annual review. Maybe then I'll be able to put €1,000 into my beloved savings plans every month for the first time without having to reinvest the dividends from my fixed net salary.

The current sum of € 920 per month from the fixed net salary is already a dimension that I would never have dared to take on when I started on the stock market after the end of the first coronavirus lockdown.

Of course, as my name suggests, I owe this to my frugal lifestyle. I consume consciously, spend money on things that give me subjective added value and quality of life (e.g. hiking) and leave out other crap. It's a real shame that I wasn't aware of this realization and lifestyle in my twenties in addition to the split-planning strategy. Maybe then I would already be financially free. Having such an opportunity is a real luxury.

Thank you for reading. I'll try to be more concise next time. I look forward to constructive criticism and your thoughts.😉

p.s. see also: https://twitter.com/frugalfreisein/status/1720623355772981331?s=61&t=0p1TbMLyB-LBMWK0gIsGjw

Tell 3 of the additional purchases today - for the Crypto Depot!

What is Polygon and what is Polygon 2.0?

Polygon

Polygon enables faster and cheaper Ethereum transactions by using Layer 2 sidechains.

What are layer 2 sidechains?

Sidechains are blockchains that enable the exchange of assets between Ethereum and other blockchains. Sidechains run in parallel with Ethereum and interact with Ethereum via bridges, but their security and data availability is independent of Ethereum.

Simply put, a is Layer 2 sidechain is an additional blockchain connected to a Layer 1 blockchain to improve the scalability and performance of the Layer 1 blockchain.

Polygon 2.0

"Polygon 2.0 is a network of ZK-powered L2 chains, unified via a novel cross-chain coordination protocol. For a user, the entire network will feel like using a single chain.

The network can support a virtually unlimited number of chains and cross-chain interactions can happen safely and instantly, without additional security or trust assumptions. Unlimited scalability and unified liquidity."

In a nutshell:

The most important changes compared to the current version are:

• All Polygon protocols will be converted to ZK technology.
• A unified block space will be created to unify liquidity between the different protocols.
• The tokenomics system will be revamped to improve the security and stability of the protocol.
• Governance will be decentralized to put control of the protocol in the hands of users.

"Data provenance on the secure Ethereum blockchain" results in Polygon becoming more secure while still keeping transaction costs very low and even making them faster.

Polygon 2.0 is still under development, but the goal is to release it in 2024.

I particularly like the introduction of governance to make Polygon more decentralized.

When I try stuff on Web3 or when I buy cryptocurrencies, it's almost always through Polygon because the user interface is just top notch and the transaction fees are very low.

On November 2, you can buy the first NFT stamp from Deutsche Post: https://www.deinebriefmarke.de/kryptomarke

These are the companies that use Polygon

• German Post https://www.deutschepost.de/de/k/kryptomarke.html#:~:text=Tor%22%20wird%20auf-,Polygon,-erstellt.%20Hierbei%20handelt
• Nike https://www.swoosh.nike/
• Adidas
• Starbucks https://stories.starbucks.com/press/2022/starbucks-brewing-revolutionary-web3-experience-for-its-starbucks-rewards-members/
• Reddit
• Meta
• Robinhood
• eBay https://www.oneof.com/
• Disney https://thewaltdisneycompany.com/2022-disney-accelerator-participants-announced/
• Stripe
• Adobe https://www.behance.net/

https://polygon.technology/roadmap (2023)

https://ethereum.org/de/layer-2/#:~:text=Sidechains%20und%20Validiums%20sind%20Blockchains,Ethereum%20und%20anderen%20Blockchains%20erm%C3%B6glichen. (2023)