Search
  • KaChinging

Monthly Portfolio Update: Mar 2021

A quick update of what I've been up to:


Screenshot from TradingView

Haven't been doing much other than prudently buying the dip during the recent correction, mostly on RUNE since multi-chain will be released soon.


I still have a good amount of cash sitting around doing nothing, decided to "abuse" my cash putting them up for some hard yield farming. Now I'm earning at least $150/day which would definitely be great in the long run if market continues to go sideways. Though the farm is unlikely to last forever, cool to know that I can theoretically quit my job haha.


The tricky part about yield farming is finding a good farm with okay tokens to farm with while yielding at high APR. Countless of money were lost because participants aped into newly propped up farms, particularly in BSC network, without checking for rugs. Then again, farming on BSC network is probably your best bet since Binance had demonstrated to have control over the network and was able to get stolen funds returned.


Witness the power of "CeDeFi"!


Screenshot from CT

We might see more of such instances like Meerkat Finance in future LOL.


At least come up with some better name man like wtf is meerkat farm.


Talking about twitter, so many people on CT are shilling some weird coins claiming it will be the "futur of france". If it wasn't for the 1.9 trillion funny helicopter money stimmy checks, I call top signal.


On the bright side, there have been more news lately of institutions coming out of their rabbit hole, announcing their intentions to buy BTC. Combine that with the large amount money US is gonna print, it further reinforced the bitcoin narrative. Looks like Mr Su Zhu, co-founder of Three Arrows Capital, might be right about a bitcoin super cycle coming soon.



Some new additions to my holdings, ALPHA and FANTOM.


ALPHA seems promising after seeing the team portraying a level of transparency detailing the exploit and unveiling their plan moving forward. They are after all the first to release leverage farming hence I believe there is some potential in that.


As for FANTOM, it was just me respecting the Cronje pump lol.


BNT worked out really well, peaked at $9 prior the correction. Market really liked the idea of impermanent loss insurance.


AAVE, RUNE, SNX, SUSHI still remains to be my 4 largest bags which I will look to add more.


By the way, I'm still holding onto SQQQ, Genting and had sold away everything else for my trad stocks portfolio.


Disclaimer: The information listed here is accurate at the point of writing. I am not endorsed by any of the platforms mentioned here. It is strictly my personal opinion and should not be regarded as investment advice. Please do your own due diligence.


If you like what you're reading, do like my Facebook page to receive the latest blog updates!

133 views0 comments

About Me

Engineer, 90s Baby, Newbie Investor, INTP, Sandwich Generation, Live to Work not Work to Live, Singaporean

KaChinging is about a young working adult venturing into the unfamiliar world of investing to alleviate the burdens of living expenses, reduce reliance on monthly salary and hopefully achieve financial independence.

Contact Me

Blogs I follow

  • YouTube - White Circle