Portfolio update – June 2023
How to achieve financial freedom?It’s easy to say. It’s harder to achieve. For the future me is this journal entry. Starting from the year 2021, I describe the long way, point out the successes and the wrong decisions that I have made. I hope it will also motivate you to build your financial independence.
Summary
June is a month of more serious decisions:
- Change of strategy for Bitfinex
- Final write-off of YieldNotes as a loss – there is no point in keeping rotten eggs in the basket, hoping to consume them one day.
I invite you to a detailed analysis. First, here’s a breakdown of the portfolio.
Portfolio summary
| Position | Value | Profit |
| Bitfinex Lending | €9 919 | €0 |
| Mintos (EUR) | €12 403 | €144 |
| Mintos (RUB) | €3 012 | €15 |
| Robocash | €7 664 | €85 |
| ETF | €2 632 | €122 |
| Total | €35 630 | €366 |
Bitfinex Lending*
The last month of the strategy of catching demands above 5%, undertaken a year ago, unfortunately, June was also not a lucky month. ROI is practically zero.
The last month of the strategy, implemented a year ago to capture demands above 5%, unfortunately was also not one of those lucky ones. The ROI practically zeroed out.
Therefore, I made a decision to return to the old dynamic pricing setting. After a year, it’s better to have a bird in hand than two on the roof. I’m curious about the first profits already in July.
Below is a chart of completed offers from the last month:
Mintos (Euro €)*
The first month in almost a year in which outstanding loans dropped below EUR 1,000. For now, everything looks stable.
The deposit is only a conversion of completed ruble items.
Mintos (Rubel rosyjski ₽)*
Portfel w trakcie wypłaty. Aktualnie podzielony na dwie ostatnie firmy. Mniejsza część, należąca do IDF EURASIA kolejny miesiąc spłaca i konwertuje swoje zobowiązania – tym razem sporo – ponad 9k rubli.
Wallet being withdrawn. Currently divided into the last two companies. The smaller part, belonging to IDF EURASIA, repays and converts its liabilities for another month – this time a lot – over 9,000 rubles.
The second one, worse, Kviku, unfortunately still stagnant. Mintos has issued an extensive explanation about the current state of affairs, I recommend that those interested read it on their blog.
Robocash*
Another stable month in the Robocash section. A small increase in latency, but nothing to worry about.
ETF
Eye-pleasing green indicators. No additional deposit.
(*) I play open cards. Links marked with an asterisk are affiliate links. If you use them, I will receive a commission. It won’t cost you anything, and often you will get a bonus too – More information can be found on the pages under the specific links.
(**) Due to the nature of the stock market, income should be understood as potential until the position is realized.