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.

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Recent Buy – BAT

BuySell

I have bought another token 🙂 A recent purchase in the digital asset space increases my exposure and diversifies my investments. In this particular case, instead of a cryptocurrency, I have bought a utility token.

Regular readers are aware that I have been exploring and learning more about the blockchain/crypto/digital asset space over the course of last few months. In October, I participated in my first ICO/token sale and bought Aion-1 (AION) as I believe that the project has a lot of promise. You can read the details here. As I continue to explore the space, I am coming across some fantastic ideas that have limitless potential — and it excites me as this now opens up the startup space not only to the elite VCs in Silicon Valley or an investment fund in NY, but to anyone and everyone who wants to join and fund the project and bet on the space.

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