Meme Portfolio Week 34 | Deploying More Funds!

in #hive-1679228 days ago

I managed to flip a switch after being someone who cared a lot about fundamentals in crypto and started to get into Meme Coins with a small % of my overall portfolio trying to play this game and see how it goes. These are weekly update posts keeping track of what's happening in the space while keeping track of my Portfolio...

10% of the post Payout will go to people commenting so feel free to let me know which ones are your favorite memecoins I should look into!

Buying More!

While the original plan was to get this portfolio to just 10k dollars and let it ride from there on out only rotating capital while taking some profit along the way if things go as planned. However, I'm getting more and more comfortable with memes and just see the odds as favorable for them to outperform everything else in the crypto space. So for now, I just to continue to buy more rotating a small part of my older 2017 bags which did crazy well (Chainlink & ETH) int othem while also using the increasing earnings from my GambleFi Portfolio (Link).


Binance Listings !

From the looks of it, Binance understands how important memes are to users and they started listing certain coins out of their own initiative at zero cost which creates massive pumps.

$ACT went to 665 Million after being only 25 days old and $PNUT even went to a whopping 1.5 Billion after just 12 days. It does feel like it will dump again and likely Binance themselves hold big position allowing them to manipulate the price an liquidate leverage traders.

At the same time this perfectly sells the crypto dream of getting riches overnight. The manager at Binance who makes the call on these coins also has such a massive edge to the point where it's almost impossible for it not to be abused.


New Week Buys !

I did 3 initial buys of coins that were not in my portfolio yet.

$SCF or Smoking Chicken Fish is one I've seen tossed around on Youtube similar to many coins who turn out to be total pump & dumps. I'm thinking of $billy (5 Months old & -80% vs ATH) / $mad (4 Months old & -73% vs ATH) / $pox (2.5 Months old & -82% vs ATH) / $wolf (5 Months old & -95% vs ATH) / $tooker (8 months old and -82% vs ATH) / $danny (5 months old & -77% vs ATH). All of them with similar looking charts which look all the supply was likely held by a handful of people who let it run to multiple millions before they slowly started dumping.

However, $SFC is now almost 4 months old and it's only down around -50% since the initial pump while the chart shows a series of higher lows and 1 recent higher high. Also it is a coin that Raul Pal is shilling which is something that should help as he has a lot of rich friends he likely would mention it to. It also for as far as I know is an original coin and not a copy of something else in the idea. So even though I can't say I relate to it in any way. At currently 60-70M and a nice level in the chart I feel there is enough upside to get an initial bag of 2000 SFC


$AUTISM was in my watchlist as potential coins to buy a couple of weeks ago as it's one of the coins I relate to as someone who is on the spectrum. Autists tend to like crypto and numbers while many of them are crazy rich. All this while they tend to lack connection which they might find in a coin names autism which creates some sense of community around it.

Chart 2 Weeks Ago (5.7M Market Cap)

Chart Now (9.4M Market Cap-

It did bounce on the 0.786 fib retracement and overall looks quite nice with an initial pump & dump followed by a flat line below 1 Million to see it spike up to a higher high. I don't think it's unlikely for it to come down again before possibly the next leg up and I will try to accumulate some more along the way. For now I only bought 10000 AUTISM as an initial position.


$LFGO or Let's Fucking Go is one that I have been watching for some time as it seems to have a strong community and I like the combined narrative af appealing to Lego fans while sticking to a crypto theme of positive 'we are all going to the moon' vibes. The chart also doesn't look bad in that the initial pump took quite some time to take place which made it feel organic. I see a chance that this continues to grow over time picking up more holders and also got an initial bag of 20000 LFGO


BRETT Real Yield on Just.Bet !

Brett is my biggest Meme coin Position mainly because it ran up a lot since I first bought it in week 2 of my journey. It also is one of the few meme coins where it's possible to get a real yield in which made me buy 4k more some weeks ago so that I have 20k Brett just in my wallet without risk and 10k in the liquidity pool on Just.Bet where it is expected to grow and earn some good yield unless gamblers really get lucky or an exploit drains all the coins which is unlikely.

I will be keeping track of the earnings which went down a bit compared to last week, the 10k BRETT I put in however bu now is 11604 BRETT so quite crazy returns in a very short period of time which doesn't come without risk as the liquidity pool is very small still at 174k. Seeing that some gamblers take 500$ bets it can still very quickly go up or down. As more people buy into the liquidity pool the ups and downs will get a lot lower along with the yield.


Week Coin Preformances!

$USUG saw another one of it's big pumps out of nowhere but it didn't seem to have any legs and the peak of 0.0031$ by now went back to 0.00125$ which still is a lot higher compared to where it used to be. It's one of those coins where I already made some solid profit off from selling and buying back lower and it did get to the point where I was starting to be willing to let part of my 750k USUG bag go but I failed to pulled the trigger.

$HAPPI which by now is an 8-month old cois that originally got traction by a video of a grandma in Afrika showing her memecoin portfolio where this pumped. However it didn't seem to really have the community to build and keep going.

This week someone seems to have created another Happicat coin which after 5 days went to 100M but I do expect it to be another pump & dump. so far all I know the $HAPPI that I hold is now dead and one of the many I lost money on which is part of this space.


New Week Watchlists!

I'm mainly looking at some of the coins that I already own and started to accumulate recently to increase my holdings. $SPX / $BITCOIN / $SFC / $AUTISM / $LFGO without anything new on my radar at this point.


Current Holdings (Solana)

Week 33Week 34

Meme Coin Portfolio


CoinChainPriceChangeHoldingValue
BRETTBASE0.1096$+22%31600 (Variable)3463$
WIFSOLANA3.02$+28%5001510$
JASONSOLANA0.001150$-10%1M1150$
KEYCATBASE0.007922$+101%120k950$
USUGSOLANA0.001250$+136%750k937$
PONKESOLANA0.4563$-12%2000912$
MOGBASE0.000001709$-18%500M854$
REDOTON0.3715+75%2000743$
BENJISOLANA0.0005864$+60%1.2M703$
MANEKISOLANA0.007738$+24%75k580$
VCATSOLANA1.89$+2%250472$
BENJIBASE0.03861$+83%10k386$
MOODENGSOLANA0.2874$+52%1250359$
LOABASE0.006920$+23%50k346$
SPX6900SOLANA0.6114$-30%400 (+100)244$
SLERFSOLANA0.2277$+34%1000227$
PENGSOLANA0.1751$+15%1000175$
BITCOINBASE0.1965$-18%750147$
SFCSOLANA0.06963$New2000k139$
MOCHIBASE0.00001246$+34%10M124$
AUTISMSOLANA0.01114$NEW10k111$
LFGOSOLANA0.005352$NEW20k107$
ROOSTBASE0.002003$-5%50000100$
❤️SOLANA0.00009217$-34%1M (+500k)92$
LOA on SolanaSOLANA0.001667$+59%50k83$
BONKSOLANA0.00003587$+60%2M72$
DOHSOLANA0.00005652$-15%1.25M70$
MAMBABASE0.0001765$+50%320k56$
HAPPISOLANA0.000211$-63%160k33$
Buy Funds-----
SOLSOLANA208$-0.04910$
----Total15155$

Previous Weeks

Posted Using InLeo Alpha

WeekPortfolio ValueWeekPortfolio ValueWeekPortfolio Value
Week 011680$Week 1117894$Week 217385$
Week 024091$Week 1213771$Week 228204$
Week 034256$Week 1312849$Week 238835$
Week 044574$Week 1412998$Week 248310$
Week 054631$Week 1510177$Week 259651$
Week 066511$Week 1610207$Week 269416$
Week 076461$Week 1711846$Week 2712083$
Week 088536$Week 1811678$Week 2810080$
Week 099829$Week 1910889$Week 2910676$
Week 1014262$Week 208856$Week 3011882$
------
Week 3111352$----
Week 3210812$----
Week 3312244$----
Week 3415155$----
Sort:  

PIZZA!

$PIZZA slices delivered:
@ekavieka(5/5) tipped @costanza

Looks like meme ride to moon is about to begain

Let's hope so, I still feel I could use some time to accumulate first but wouldn't mind if things really took off. In the end it only takes 1 major winner.

!BEER

!LOL

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PLAY & EARN $DOOM

Great growth.

!BEER
!BBH

man, that is such a wonderful growth, from 2K into 15K USD. so awesome man.
!PIZZA !LUV

Well ,it involved cost-averaging buying each week. It's not that the 2k organically grew to 15k unfortunately :-)

ah I see, but are you still in the profit area. would be interesting to do it as well. Some of the mem trader, can get so much profit overnight, but I got burned during the me coin back in BSC era. !LOLZ

It doesn't matter if my wife tells me I'm not mature
I'm not going to let her enter my tree house without the right password

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@costanza, I sent you an $LOLZ on behalf of ekavieka

(2/8)
Farm LOLZ tokens when you Delegate Hive or Hive Tokens.
Click to delegate: 10 - 20 - 50 - 100 HP

The issue with the internet is that 99.9% of people only share their winners which gives a warped view. One would think getting the 100x coins and making a fortune from nothing is the norm and the easiest thing to do but those really are the lottery winner exceptions.

Most of the time there are a ton of losing trades along with a winning one. Just name me 1 crypto guy online who shares his positions fully transparant at the time when taking them and keeps a record of them. It's almost impossible to find.

At the same time, the illusion of this dream also is what sells crypto and causes a ton of retail money to come in.

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I was looking at BRETT but failed to pull the trigger :( Looks like you almost 10x your money image if you had started with 100k ...

It's always hard to determine when it's too late, so many times in crypto I felt that way and it turned out that the pump had not even started yet. I didn't 10x my money (yet) as I used each week so far to kind of cost-average my way in more an more. I told myself that I was done once the portfolio reached 10k but I kind of want to keep going.

That looks like pretty an amazing week! I was looking forward to your update after seeing the market pump! I am surprised you didn't have DOGE in your bag, it seems there is life in the old Dog yet!


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Doge is one of those I felt I missed out and I wasn't going to chase an already high market cap. Also because it does have quite some inflation daily. I kind of feel similar about pepe.

At the same time, I do kind of feel the best strategy for success is to back the winners who are already big instead of trying to chase the super speculative stuff in the hope to catch a 100x. By now I have so many different coins that the portfolio never is going to go absolutely crazy. That is done by going all in on 1 specific coin that happens to go totally bonkers like the pnut one.

The entire process though remains extremely fun (especially in weeks like this)


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