Cryptoasset Portfolio

I’d like to provide an update/overview of my blockchain/cryptocurrency/digital asset portfolio. As most regular readers are aware, I have been reading, and sharing a lot of info about my interest in blockchain and cryptocurrency space. I have not been lucky enough to ride this wave early enough to get rich with the immense rise in Bitcoin and other crypto prices, but I am still interested in getting exposure into this space and get some decent returns.

Digital assets/cryptocurrencies provide an extremely unique diversification aspect to a portfolio, in that: they have absolutely no correlation to other asset classes — which is what we desire when we diversify. In this crazy world, where investors fall over themselves to buy negative yielding government bonds; or cheer when companies raise debt in order to pay out dividends; or correlations out-of-whack based on traditional models; there is a gap that is filled by digital assets. This has been a major draw for me to the space and should be on every investor’s radar.


I started with very small amounts of investment in Aug/Sep of this year. As I mentioned in that post, I opened up positions in Ether (ETH) and Litecoin (LTC). Over the following months, I have also opened a small position in Bitcoin (BTC). These three currencies are part of the core of my cryptoasset portfolio and I have continued to add a small amount on a monthly basis into them.

In addition that, I also have mining contracts with Genesis Mining, where I am part of the pool to mine cryptos. See this post for details. With Genesis Mining, I mine Ether (ETH), Zcash (ZEC) and Monero (XMR). Being a miner is a great way to generate and earn the cryptos and also provide a source of passive income. I recommend this option and if you do decide to use Genesis Mining (the best of the breed available), please consider using my referral code: 7rCM6o. Using this code, both you and I will receive extra hash power on the servers allowing us to grow faster.

Utility Tokens

The other aspect of my cryptoassets potfolio are utility tokens. I am accumulating assets in some projects and the associated utility tokens that I believe in. These projects may or may not succeed, but if they do succeed, I believe the rewards will be amazing.

With Aion-1 (AION), I participated in my first ever ICO/token pre-sale, which is touted by the company (Nuco) as the next generation of blockchain evolution — where Aion would allow various different types of blockchains to inter-communicate automagically.

Second utility token I bought was Basic Attention Token (BAT), a token that monetizes attention using the Brave browser as a platform. I believe that if Brave is able to disrupt advertising revenue from megacaps like Google and Facebook and capture even a minuscule part of the market, the rewards are extremely lucrative.

The last token I bought was IOTA (IOTA) — which is a token for Internet of Things. This one is unique in that the system does not use a blockchain and gone with a completely different architecture, where it uses directed acyclic graphs. The transactions have no fees and is seeing some immense interest from various megacap companies as well as some central bankers.

Stocks (Special Mention)

While, I do not consider this to be a cryptoasset portfolio composition, there is one company that deserves a special mention as it relies heavily on the crypto space. I own shares in Hive Blockchain Technologies (HIVE.V), which is a company formed between the partnership of Fiore Group and Genesis Mining. I bought this stock in September right after IPO and sold half my position in October after a 200% runup. I have decided to sit back and watch where this company goes as I have taken all the risk out of this investment.


Overall, the various cryptoassets described above are distributed as shown below. I have been lucky to pick up utility tokens at good prices, which have had better returns than the currency tokens and as a result form a bigger part of my overall cryptoasset portfolio.

This is not a large portfolio by any measure and I am looking forward to growing these investments in the coming months and years and benefit from the move to next round of technological development.

You can read all my blockchain/cryptoasset related posts here.

Full Disclosure: Long all cryptos, tokens & HIVE.V mentioned above.


17 thoughts on “Cryptoasset Portfolio

  1. Wow, you really got going on this thing, haven’t you?
    Personally bought some combicoin (tokens) which are backed by the top 30 crypto currencies and follow their values in $. Pretty much like an crypto currency ETF. Only problem, I currently cannot sell yet as they are planning to go to a stock market to be able to trade them. Curious to see where this is going, but I like the idea of the product.

    • Thats an interesting one (combicoin)…I think I heard about it a while ago, but forgot to check up on it. Will do that this wknd.

      Its a fairly small portfolio and gives me some exposure as I have some skin in the game now and read and learn more.


    • Hi TITM,
      Ive used Coinbase for converting from fiat to crypto even though the transaction fees are high (need to find local alternatives, but pickings are thin). But once you have crypto, you can move funds and trade on other exchanges. So far, I have done Bittrex and Bitfinex.


    • Haha i dont know…I read a bit about XRP, but wasnt crazy about the fact that they were giving them away for free to the big financial institutions in order to entice them to use the coin. Its the last thing in the world I want to — subsidize and support major banks with my hard earned money.


  2. Have you tried buying any ICO’s ? It’s crazy how much money you can make if you manage to actually get in the ICO before the coin launches. Usually at least 5X your money unless it’s a scam.

    • Hi CD, Yes I did participate in an ICO — for AION. It was an unnerving and interesting experience, but the initial investment has paid off pretty well as I am currently sitting at close to 140% return. I think theres still plenty of room to run on that one though, so looking for better returns as the company executes and launches the product.


  3. Always appreciate these updates as I’m in the crypto space too and am interested to see how/why/what others are buying or considering. I’m still “trapped” in the Coinbase world with BTC, LTC and ETH and my only holdings though I am more and more tempted to try another currency. The truth is that I don’t want to get sucked into a rabbit hole of never ending “next new thing” and feel compelled to keep buying new coins to diversify. The reality is that we are investing in tech and tech always changes and has a new version coming out. Now I’m reading about Cardano as the next big new thing. It never ends which is why I am mostly a BTC holder with a sprinkle of ETH and LTC. Thanks for sharing.

    • I just started reading a bit about Cardano too…hard to really find the differentiating factor just reading the headlines and need to deep dive to find what makes it interesting. Looks like its catching the eye of lots of ppl lately.

      I hear you on holding the top 3 currency coins instead of constantly looking for the next big thing. There are however lots of interesting project that have immense potential, so just because something is undiscovered shouldnt stop you from investing, atleast imho.


  4. I can’t get myself to invest in crypto currencies. Frankly I don’t understand it at all. Now there is future trading too. Is it a commodity or a form of money? I really don’t know why it shot up to 16000$.

    • I guess its good to stay in your circle of competence if you arent familiar and do not want to take any risk with your money, DG. The learning curve is pretty steep in the crypto world.


    • BAT has been climbing a lot lately, and current pullback is welcome. I have a small position and want to buy more. Aion-1 got a nice shot in the arm last week after getting listed on Binance. I love the game plan put forward by the company and so far things are going pretty well…hopefully they can execute and provide the value.

      I didnt build anything myself for the mining. I just pay online and join the pool with the company to mine cryptocurrencies. I have been trying Genesis Mining for the last few months with a small investment. So far its ok, but I am not crazy about the customer service. Another one that came recommended was Hashflare…I am thinking about buying a mining contract there to see if thats any better.


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