Ethereum

Depot review November 2024 - The depot is growing despite larger withdrawals 🚀

Before I continue with the second part of my investment story, I would first like to share my portfolio review for November.

The second half of November was almost quiet compared to what happened at the beginning of November. Trump was elected, triggering a veritable run on the stock markets. Germany was finally freed from the traffic lights and there were also some exciting topics in the private sphere. I sold a few shares back in October to generate the equity I needed to start building a house. This continued a little further in November.

Overall, my savings rate will also (have to) be lower over the next few months. Less into the portfolio and more into the "buffer account" for building the house. Nevertheless, around €500 per month will continue to be invested and this will be pushed up again as quickly as possible.

After selling 6 shares and an ETF in October, I sold parts of my MSCI World ETF for around €13,000.

But now it's finally time to look at the hard figures:

Monthly view:

In total, November was +6,3%. This corresponds to price gains of ~20.000€.

The MSCI World (benchmark) was +7.3% and the S&P500 +5.1%

Winners & losers:

A look at the winners and losers is particularly exciting this month:

On the winning side with a total of almost €5,000 in price gains, my crypto investments in Bitcoin and Ethereum. This is followed by the long runner NVIDIA with price gains of just under €2,000. 4th and 5th place then goes to the cybersecurity sector with Palo Alto Networks and Crowdstrike.

On the loser side looks very quiet this month. Amgen is still the worst performer with losses of ~€600 due to a weight loss drug that failed to fully meet Wall Street's hopes. This is followed by Sartorius with share price losses of €200. Places 3-5 are then occupied by share price losses of less than €100. All in all, a month with almost no losers.

The performance-neutral movements in October amounted to just under € -6,000. Parts have already been removed here for private topics.

current year:

My performance in the current year is +29,9% and thus above my benchmark, the MSCI World with 26.9%.

In total, my portfolio currently stands at ~345.000€. This corresponds to an absolute growth of ~€93,000 in the current year 2023. ~72.000€ of this comes from price gains, ~3.300€ from dividends / interest and ~16.000€ from additional investments.

Dividend:

• Dividends in November were 21% above the previous year at ~€160
• Procter & Gamble is in the lead with a (gross) dividend of €50 every 3 months.
• In the current year, the dividends after 11 months are +25% over the first 11 months of 2023 at ~2.500€

Buying & selling:

• I bought in November for significantly reduced ~700€
• As always, my savings plans were executed:
• Blue ChipsProcter & Gamble $PG (-0,13%) TSMC $TSM (+1,64%) S&P Global $SPGI (+0,49%) Alphabet $GOOGL (+1,77%) Johnson & Johnson $JNJ (-1,19%) Amgen $AMGN (+0,08%) Herhey $HSY (-0,17%) Alimentation Couche-Tard $ATD (-0,87%) Caterpillar $CAT (-0,39%)
• 
  GrowthBechtle $BC8 (+1,71%)
• 
  ETFsMSCI World $XDWD (+0,48%) Nikkei 225 $XDJP (+0,59%) and the WisdomTree Global Quality Dividend Growth $GGRP (+0,23%)
• 
  CryptoBitcoin $BTC (+0,62%) and Ethereum $ETH (+5,46%)
• 
  Sales as mentioned at the beginning, there was a larger part of my MSCI World holdings in November

Target 2024 & outlook 2025:

My goal for this year is to reach €300,000 in my portfolio. Due to the extremely positive market performance in the current year, my portfolio already stands at ~€345,000 at the end of November.

As is well known, one should not praise the day before the evening, but I am optimistic that my portfolio will not fall so far in December that I will not reach my target.

What will happen in 2025? The logical goal would of course be to reach €400,000. However, due to the upcoming house construction, part of the assets will be invested in the house construction. If I include the property in my statement of assets, the target of €400,000 would of course not change. However, as I am tracking my liquid assets here, I will probably refrain from doing so.

Therefore, my year-end target for 2025 will probably be closer to the final balance for 2024. So around €350,000 at the end of 2025.

How are things looking for you? Have you already thought about your plans for 2025?

#dividends

#dividende

#rückblick

#depotupdate

#aktie

#stocks

#etfs

#crypto

#personalstrategy

Hong Kong plans to offer tax exemptions on crypto income to hedge funds and family offices to make the financial center more attractive for digital assets. This initiative aims to encourage investment in crypto-assets and the presence of large funds in the region, while other markets are introducing stricter regulations.

You can find more information in the article on MarketScreener.

The news is based on what I personally consider to be reputable sources. No investment advice. Follow me for more updates!

$BTC (+0,62%)
$ETH (+5,46%)
$XRP (-6,98%)

Service post for all Shitcoiners among you and anyone still looking for a wallet

Bitbox has arrived in Black Week and is offering up to 21% discount until 02.12.2024:

BitBox02 Multi edition (134,10€)

• https://shop.bitbox.swiss/en/products/bitbox02-multi-2/

BitBox02 Bitcoin-only edition (134,10€)

• https://shop.bitbox.swiss/en/products/bitbox02-bitcoin-only-4/

Black Friday Bundle (197,5€) with the following content:

• 1x BitBox02 hardware wallet - to keep your coins safe (edition freely selectable)
• 1x Steelwallet - to make your wallet backup almost indestructible
• 5x tamper-proof security bags - to ensure that no one can view your backup unnoticed
• 3x backup cards - for additional backup security copies
• https://shop.bitbox.swiss/de/products/black-friday-bundle-41/

I will get the Bitbox02 Bitcoin-only edition, as I would like to do without the ledger.

Are you also getting a wallet?

If so, which one is your favorite?

$BTC (+0,62%)
$LTC (-3,3%)
$ADA (-2,55%)
$ETH (+5,46%)
$MATIC (+1,99%)
$FTM (-2,16%)
$SHIB (+4,94%)

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

Part 5: Today (end of 2024) and conclusion

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

The second part here: https://getqu.in/Ptei6g/

The third part here: https://getqu.in/sfTZ3P/

The fourth part here: https://getqu.in/d4GUta/

Welcome to the last part of my far too long investment story. But before that: Perhaps you've noticed that I've secretly switched the numbers? Originally, I was only able to beat the MSCI World by a paltry 21,000% and I was still imagining things. Due to the bull run since the publication of the first post in this series, I have now reached an impressive and absolutely sustainable 25,000% 🚀

Restructuring the portfolio thanks to Kellogg's

The Kellogg's experience from part 4 got me thinking. I came to the conclusion that I would never trust individual companies enough to invest a significant amount of money. I also shied away from the effort involved in analyzing companies. But I trusted the global economy. I therefore decided to sell all my individual shares and move the proceeds into my ETF.

At the end of 2021, my ETF portfolio still contained a few niche ETFs, for example on AI or environmental protection. I also sold these at the start of 2022 and reallocated them to my global portfolio. Fun fact: You might think that I sold the AI ETF much too early as a result. However, the performance from the beginning of 2022 to the end of 2024 was so awful that it was pulverized by a simple world ETF - despite the AI hype. Another indicator that such ETFs are generally not recommendable.

In addition to my world portfolio, I made a conscious decision to keep two sector ETFs on IT and healthcare in my portfolio. I know, sector ETFs are evil. I really expect IT and health care to outperform in the long term. So far, 50% of them have worked out 😁. Only time will tell whether I will be right. At least the two ETFs are not so heavily weighted.

I continued with crypto. Here, too, I mucked out and sold just a few weeks ago with $HBAR (-11,2%) and $IOTA (-6,15%) my last two Shitcoins. My crypto portfolio now only consists of $BTC (+0,62%) and a small share $ETH (+5,46%). The rule still applies here: I keep hodling until it becomes life-changing or goes to 0.

I also dissolved nonsensical "forms of saving" such as pension insurance, endowment insurance, bonus savings from the branch bank, ... ... I originally wanted to use the money freed up as equity for my own property. But before that, I had to take another critical look at this potential investment.

A property for own use? No thanks!

If you remember the first part, you may remember that I actually wanted to buy a property for my own use and saved up a lot of equity for it. When interest rates rose in 2022, I started doing the math. You can find the results in my series of articles entitled "Own home or rent": https://app.getquin.com/activity/FoLdCxttXY .

For my region and the properties we are considering, buying is currently not worthwhile at all. We also don't necessarily want to live the homeowner lifestyle. We don't want to tie ourselves down to such a big lump, have to bear a greater risk and then have even more work. A home must therefore be financially worthwhile for us, otherwise it doesn't make sense for us.

As the home was written off for the time being, I started to shift the equity I had saved into my ETF. The theory is that it's better to invest everything at once. Looking back, it would definitely have been a much better option to put everything into Welt AG at once in 2022 - the $VWRL (+0,43%) was between 90 and 100 euros at the time. But you're always smarter afterwards, so instead of a one-off reallocation, I decided to increase my monthly savings plan first to EUR 5,000 and later to EUR 7,500 and gradually reduce my home equity. I started in 2022 and will probably need another 1-2 years until the equity is completely in my ETF.

As soon as the equity in my own home is at 0, the money I currently have in managed funds and P2P will also be reallocated. However, I will keep my Riester pension. It's also going well.

Today and in the future, I will only save in my ETFs. Crypto + ETF is currently enough diversification for me. But I'm not ruling out the possibility of adding a property or gold to my portfolio at some point. But then in an appropriate ratio to the rest of my portfolio.

And how does this gigantic return come about?

Through an unexpected Bitcoin rain. 10 years after the Mt Gox hack and the first total loss of my crypto assets, I was able to close the chapter in a reasonably conciliatory way. Shortly after the hack in 2014, some of the stolen Bitcoin was recovered. After a 10-year process, airmail from Japan, many ups and downs, ... the time had finally come in 2024: I got a fraction of my deposits back. Despite the gigantic price performance since 2014, it wasn't a life-changing sum. So I kept on hodling.

And that, together with my crypto investments in 2017, is what made this gigantic return, which is nothing but luck. I was early, in the right place at the right time and idealistic/stupid enough. This also becomes clear if you just run my crypto portfolio in the getquin benchmark against common indices. And that despite all the shitcoins and the associated losses:

Finanzen aktuell

I was able to significantly increase my salary again by changing jobs. Over the years, I learned to sell myself well, to assess my value correctly and to negotiate hard. I also applied for jobs without need and was able to be selective. That was helpful. I was also always hard-working and had good references. And of course, I now live in a much more expensive city than I did a few years ago and have switched to an industry that pays much better (no, I'm not at $VOW (+2,32%) 😂). My gross annual salary is now around 150k, with all the trimmings. When I signed the contract, this gigantic sum humbled me. Especially since I started a good 15 years earlier with just 26k after my apprenticeship (see first part). But I tell it like it is: you get used to such sums very quickly.

But I still can't afford a higher savings rate. Now that I'm a dad, there are expenses for the child, financial compensation for mom, who is cutting back on her career, and soon costs for a larger apartment.

Conclusion

What advice can I give you? Get to grips with finances early on. Try something out. Treat yourself to something without throwing money out the window with both hands. Be crazy sometimes. Not everything always has to be rational. And most importantly: work on yourself, on your salary. Make yourself valuable. Perfect your craft and pay attention to what the job market is looking for. This is a much bigger lever than cashback, cheap food or a part-time job. And it increases your quality of life. I was able to increase my salary by around 12% per year on average. The $IWDA (+0,37%) can pack their bags.

Oh yes, of course you shouldn't blindly trust donkeys on the Internet or other dubious figures.

Kiss on the depot

Your donkey 💋

Hello everyone,

after my extra post on the topic #krypto there is a continuation today.

The text is long. But I only exist in long.

First a short summary.

In the current bull market, I will gradually sell all my crypto holdings according to plan and invest the proceeds in dividend-paying stocks (or perhaps even ETFs) in a separate portfolio in order to gradually accumulate new holdings again in the coming bear market with the help of the distributions.

The reason why I am taking this approach is that, with the exception of $SOL (-2,51%) all my holdings are tax-free, as the holding periods have expired and I can let the entire profit work for me. Reparking in stable coins is out of the question for me. I play this strategy because I see a connection between the debt cycle and the crypto cycle, which in my opinion are related as in the article below. You are welcome to read my reasons and assumptions again.

Please note that this is not investment advice or recommendation. All I did this Sunday afternoon was get the crystal ball out of the cupboard and try my hand at fortune telling. I will almost certainly be wrong somewhere.

In today's second part, I will discuss the price exit targets for altcoins and other thoughts. I divide my cryptos into four groups.

Group 1: "The big ones"

Price exit line for ETH

$ETH (+5,46%) is for me one of the few coins that can still achieve a higher ATH than the big leader $BTC (+0,62%) . However, we can clearly see that ETH has underperformed against BTC so far, with a downward trend. That's why I don't trust it to reach the target of $10K. With BTC I have seen a multiplier of 7-8x from the last bear market to the current bull market, here with ETH I see less as it is underperforming. From the last ATL to the top in February we have roughly a 3.8x increase. Now we are still below the February high. That's why I think that 4x (to 5x at the very most) is the end. As a result, I have set exit levels of 3.8K, 4K, 4.2K and 4.4K. This puts us below the last ATH, but as I said, I simply don't trust the coin anymore, as it seems to be constantly losing against BTC. What speaks against my thesis is ETH's dominance in what it is intended for and a possible future through staking.

Price exit line for SOL

$SOL (-2,51%) has already proven brilliantly that it seems to be winning over the crypto investor. In this coin, I've put the remnants of my seemingly infinite loss from the $DFI (+4,41%) / DUSD debacle in the hope that Solana's performance will somehow enable me to recoup some of it. Certainly not everything, but a little. And that has worked out quite well so far. I'm up 40% and expect even more here. Solana is the only coin I have that has already exceeded the old ATH, which is why I believe it can reach a higher level in the bull market. However, my calculation method (as with the following coins) does not work for this one. I therefore have to choose levels based on gut feeling and have set them at $350/400/450 and 500. The coin can certainly rise even further, but I simply lack the ability to calculate a level somehow.

Group 2: "The remains of liquidity mining"

Price exit line for BCH

Yes, my portfolio also contains $BCH (+2,31%) again. This was one of the two coins with which I gained experience in liquidity mining at CakeDefi. With little money, which then became even less due to the exit from the LM pool (but there were even more worthless DFIs). I was very impressed in the spring when this coin fought its way to $700. Looking at the overall chart, we can see that the ATHs have become smaller and smaller. That will also be the case this time. First just under 3.9K, then 1.5K. In other words, less than half of the rise. And I expect something similar again. Half would then only be just above the March high. That's why I'm positioning myself here at 650, 700 and 750. Maybe I'll be happy to get rid of the crap and throw them all out of the portfolio at once. Back then I was more convinced of LM than I was of the DFI ecosystem. Today, for me it's just worthless junk that will definitely be thrown out. The good thing is that I bought the coin in several tranches during the bear market and added it to the LM; my performance is now already at +280% (since "retrieving Cake").

Price exit line for LTC

And what is the name of the other coin that is no longer any good and suffers from the same disease as BCH? Of course the $LTC (-3,3%) . Both used to be hard forks. But in contrast to BCH, this one has not performed at all for me. Only +4% (measured since the retrieval of Cake, it's too complicated for me to determine that with the previous one because of the daily rewards at the time). LTC has made another higher top, but that won't happen again now. I'm sure of that. I don't even see the 200 USD. I'll be out at 150 at the latest and I'll throw everything on the market right away. After all, the coin has already doubled this year since the August low and there's certainly not that much air left in the balloon.

Group 3: "Convincing use cases for me"

Price exit line for LINK

$LINK (+2,28%) was a project that convinced me of its use case at the time. In times when I still believed in use cases for crypto and before I learned and understood the crypto cycle and before I realized that crypto (despite its advantages) is a zero-sum game. I bought Link with the next coin I'm about to list at around USD 10. Later, things continued to go downhill and I added more. This one is in the green zone for me at +95%. So today I am pleased. If we look at the maximum chart, we have a cycle ATH so far. So my method is not working here either. But I'm sure that we won't get to the old one, or is anyone still talking about this coin? At USD 20, 22 and 24 it's out for me.

Price exit line for UNI

In $UNI (+11,56%) I went in at the same time as $LINK (+2,28%) in spring 2022 and also topped up at the same intervals. I also liked the use case here at the time. A decentralized exchange. I found it very interesting back then how the whole thing works with liquidity pools and I still find it somewhere today. Nevertheless, this coin will also be removed from my portfolio. My performance here is slightly worse than with Chainlink, only +40%. And looking at the overall chart only gives me the opportunity to estimate I'm taking my cue from the previous one and scaling down. I liquidate at USD 16, 18 and 20.

Group 4: "For whatever reason..."

Price exit line for DOT

I just can't remember why I bought $DOT (+13,42%) bought. Same goes for the one time top up. Again, I plan to exit at $20. I've invested even less here, so I'll get everything out at once. Performance to date +40%.

Price exit line for MATIC/POL

$MATIC (+1,99%) I bought and added together with Polkadot and don't remember my intention to enter here either, but I think I promised myself a ride on the wave here. Want to get out at $1 here. All at once. My performance here is still negative at -50%.

Further thoughts and additions

Anyone who has read this far will have realized that I have undergone a transformation in my crypto journey. At the beginning, I only bet on the two big ones, then the DeFi world came along for me, at the same time two use cases convinced me and finally I simply bought two in the hope that they would rise (fortunately only with small play money).

When I was involved in CakeDefi back then and tried my hand at staking and liquidity mining, I simply wanted cash flow. The thought still lives in me, but I'd rather have it in FIAT currency. It just makes it a lot easier with tax. Withholding tax and that's it, it couldn't be simpler. I also got to know leverage at Cake with the borrow. It was a great story when you could immediately exchange mined DUSD for DFI and then leverage it again or put it into LM with BCH and LTC. But I didn't see the warning sign when the possibility of immediate exchange disappeared and then came the stabilization fee. I should have been out of the game by this point, I'd more or less paid the penalty. I won't do that again. What remains, however, is that I want to reinvest cash flow for free and try my hand at a small securities loan in times of even lower interest rates.

You can also see that I used to believe in use cases, but today I no longer believe in them at all. Even better, I exploit these use cases to make a profit. That's why I made my last investment in Solana with the Cake-Restern (and also with deposit money from found returnable bottles). I believe that there are others who see a future in Solana and am therefore getting in to take the exit liquidity that the newcomers bring with them.

For me, the only thing that matters now is the belief in the crypto cycle, coupled with the debt cycle. Please read the first post again, where I set out my assumptions.

Ultimately, my journey with equities and ETFs is much more exciting and even more complex. That is my main focus. For me, BTC is an admixture, and the rest of crypto is just crap. Of course, this looks very different through the eyes of someone who lives in Africa and can't get a bank account.

And now I wish us all good prices so that you too can take profits.

Crypto is just gambling?!

After two days 50% in the red?

Meal,

As you may have noticed, I have decided to take up crypto trading.

It's been a week now and I'm going to tell you what happened.

Which broker?

When it came to the question of which broker I should use, I decided on Binance based on all the recommendations.

I verified myself there via video call, which is super quick and easy, and then deposited money. As I wanted to start with "smaller" sums, I started with €250.

After finding out more, I realized that the "Bitget" platform would be more suitable for me.

There it is possible to conclude future trades and then leverage them.

In short, future trades are contracts that are offered at the same price as the currency = you don't buy a spot, i.e. not a "real" Bitcoin.

After I registered on Bitget, I bought €250 worth of Bitcoins on Binance on the recommendation of Hoss - don't ask me what the advantage is, but it's really quick - transferred them to Bitget and then transferred my Bitcoins to USD-T futures in Bitget.

This is, so to speak, the currency that is needed to conclude these futures trades.

However, USD-T futures are identical to the US dollar, i.e. the same conversion rate.

My trades

Full of euphoria, I naturally wanted to start trading straight away.

That's why I looked at the $BTC (+0,62%) price and had invested with 100% conviction that Bitcoin would crack the 100k mark today, with all my capital and a 50x leverage :(.

Yes, you're right to think, WTF is he stupid.

I quickly felt it and my stop loss was triggered overnight.

Long story short, 60€ minus with the first trade.

With the realization that this was pure gambling and that it simply doesn't work that way, I sat down early on Saturday and tried out a bit.

I quickly realized a strategy, which I then implemented using $ETH (+5,46%)
$XRP (-6,98%) and $SOL (-2,51%) practiced.

I invested €50 with a 10x leverage at what I considered to be a realistic point in time for a positive price reversal, i.e. the price was moving sideways or had just broken through a previous resistance level. I set a stop loss at -5% in each case so as not to be liquidated in the event of a price drop.

In all three cases, be it luck or not, the entry is pure prediction anyway, the price rose.

When a previous resistance level was breached, i.e. the price had bounced off it several times previously, I then pulled my stop loss above my entry price and thus ensured that my position could only close in positive territory. In addition, I increased my leverage to 100x and reduced my margin by 95%. In other words, instead of 50x10 it was then 5x100, less money but the same position size.

I had then practiced this with all three and in the end I went out with approx. 20€+. A great experience.

I realized that the crypto market is anything but gambling and that you really can make profits with proper risk management and without greed.

Yesterday evening was the next day for me.

I had opened a $SOL (-2,51%) position, which unfortunately backfired badly and the position closed €20 in the red.

Findings:

The main finding is that trading at the weekend really makes little sense. Because the big investors do their spot buying during the week, the volume growth only comes from the future trades. I could imagine that many open short positions at the weekend, which seems to make more sense to me than going long.

Another insight is that crypto trading only makes sense if you are very unemotional about it. I definitely want to get into that habit in the near future, because if I don't look at it rationally at €250, how will it be with larger sums?

Next week I'm going to look into new strategies, trade a bit and also deal with the subject of taxes, because you shouldn't neglect that under any circumstances.

What were your first experiences with crypto trading, what is your favorite altcoin? How do you see it, will Bitcoin still break 100?

Have a nice Sunday. See you next week📈

My summary of week 1:

Milestone 2024🎉

Not only did I successfully complete my training this year, but it may also be the first time I have sustainably exceeded the €50,000 mark. The actual portfolio target for 2024 was 45,000, but this was accelerated somewhat by Nvidia.

I am planning my target for 2025 at around 90 - cautious 120,000 and a long-term expansion with gold, other top tech stocks or a reassuring $IWDA (+0,37%) although the crypto train has left the station for me for the time being.

This year, I've mainly invested through $IGLN (+0,29%) , $ETH (+5,46%) and $MSTR (+0,85%) purchases that I might have to become a lot calmer after all and, as with my $NVDA (+3,59%) I should just leave something lying around and not take the first green numbers straight away.

In doing so, I have $MSTR (+0,85%) for example, I lost 240% after only 2 months

PS: Getquin chart got mixed up somewhere during maintenance, actually the portfolio is currently at a new ATH