Hello Steemit,
ByteCoin BCN gained nearly 800% over the last week. I don't know if ByteCoin is an overpumped Shitcoin, but this coins is traded with high volume and has climbed to rank #7 in CoinMarketCap charts.
In this case the new coin (ByteCoin BCN) replaces the weakest coin in NEMO and FLIPPER portfolios, currently Monero XMR on rank #10. As ByteCoins is not traded on Bittrex, i can and will not replace it in NEMO portfolio (which is traded on Bittrex). But I have replaced it in FLIPPER Portfolio, which is traded on Poloniex.
The state of the FLIPPER portfolio before the replacement.
The current state of the FLIPPER portfolio after the replacement.
With the rise of ByteCoin into the FLIPPER portfolio, Monero is fallen down to ARIELLE portfolio. Since ARIELLE portfolio did not bought ByteCoin in the past, a complete rebalancing of the ARIELLE portfolio was necessary.
The state of the ARIELLE Portfolio before todays rebalancing.
The calculation of the number of coins to be sold (red) or bought (green) can be found in the right column. Coins like SiaCoin SC or ROUND that are not traded on Bittrex are not added to ARIELLE portfolio. Please not also that Factom FCT was replaced by DigiByte DGB.
The state of the ARIELLE Portfolio after todays rebalancing.
Learn more about PermaCryptoFolio
If you are a new reader, please read first the PermaCryptoFolio experiment announcement.
Second follow these links to learn more about the 3 portfolios:
Withdraw all the funds out of the exchanges!
It is strongly recommended to withdraw all funds out of Cryptocurrency exchanges when not needed for trading there.
In the last days I have written a series of pictured tutorials HOWTO withdraw
- STEEM
- SBD STEEM DOLLARS
- XMR Monero
- BTC Bitcoin
- ETH Ether
- ETC Ether Classic
- LTC Litecoin
- DASH
- REP Augur
Thank you for reading!
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