Project 2018 – Update week #9

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Project 2018 – Update week #9

As you know we’re running a project to hold $2,500 of cryptocurrencies for an entire year. Welcome to our ninth update! If you are new, check out our first post on the project.

Week 9 Introduction

A mixed week in the cryptocurrency world – our portfolio gained very little, but at least held last week’s gains. Bitcoin was on a tear this week with double-digit growth – usually altcoins follow Bitcoin’s lead – maybe we’ll see some big movements next week?

Three of our cryptocurrencies are now ahead in profit since we started.

Week 9 Data

Project 2018 - week 9

CryptocurrencyFeb 26th ValueMar 5th ValueGain / Loss %
Bitcoin$76.95$87.12+13.22%
Bitcoin Cash$53.42$54.82+2.62%
Cardano$49.09$45.76-6.78%
Civic$41.33$41.27-0.15%
Digibyte$51.71$50.71-1.93%
DigitalCash$62.28$61.51-1.24%
Ethereum$115.07$114.40-0.58%
FunFair$57.63$66.01+14.54%
Golem$42.79$52.70+23.16%
Komodo$41.48$46.00+10.90%
Lisk$103.58$90.97-12.17%
Litecoin$96.22$94.17-2.13%
Monaco$47.77$64.32+34.65%
Monero$88.66$112.16+26.51%
Navcoin$48.34$53.20+10.05%
NEM$40.25$36.16-10.16%
NEO$178.85$160.39-10.32%
OmiseGO$94.29$92.96-1.41%
Power Ledger$59.66$58.89-1.29%
Qtum$53.63$52.30-2.48%
Ripple$48.52$54.21+11.73%
Siacoin$74.08$67.67-8.65%
Stellar$87.12$90.71+4.12%
TenX$46.21$54.30+17.51%
Waves$60.80$61.30+0.82%

Week 9 Charting

Click the images to view in detail.

Portfolio overall balance – week 9

Portfolio overall balance – week 9

Cryptocurrency – gain/loss by percentage 26th Feb - 5th Mar 2018

Cryptocurrency – gain/loss by percentage 26th Feb – 5th Mar 2018

Cryptocurrency – gain/loss by dollar 26th Feb - 5th Mar 2018

Cryptocurrency – gain/loss by dollar 26th Feb – 5th Mar 2018


Week 9 Summary

In total, our portfolio just about increased from $1,719 to $1,764 – which was a tiny $45 (+2.62%) increase.

If we had invested $2,500 in just Bitcoin it would be now worth: $2,178

Best performer: Monaco (MCO) +$16.55 (+34.65%)

Worst performer: Lisk (LSK) -$12.61 (-12.17%)

Coin Profile – Monaco (MCO)

Why we picked it? Well, Monaco is one of the cryptocurrencies that if it manages to execute its roadmap will see big adoption of the coin. Monaco wants to become the link between cryptocurrencies and fiat currencies. How is it going to do this? Well, so far they have released an iOS and Android app which acts as your cryptocurrency wallet and by partnering with VISA/Mastercard eventually they hope to offer a debit card that will let you spend your Bitcoin and other cryptocurrencies anywhere around the world. Thus fixing the old-age problem of how to spend your hard earned crypto!

We’ll be back next week – keep following! (Sign up to our weekly newsletter in the header!)

Don’t forget you can catch up with all of our posts in this series by bookmarking: https://coinguide.tv/project2018

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