Blog 4 – October 2023 – Financial Summary – Month 1

This sets out the financial summary for the first month of the portfolio, ending October 2023.

Starting Balance (Amount Invested)

Starting balance as at 1st October 2023 is $5,000 USD

Funds Added

As per Ground Rules, $500 USD was added to the investable balance for October 2023.

Total Invested

$5,500 USD

Transactions

Transaction 1 – 25th October 2023 – Buy – Rollbit (rlb)

Transaction 2 – 31st October 2023 – Buy/Stake USDC – Radiant (rdnt)

Monthly Income / Yield

I took a snapshot on the 1st of November – surprisingly I had already received 2.468 rdnt tokens worth $0.64 USD.

Income – rdnt – 2.468 tokens – $0.64 USD (price as at 1st Nov 2023 $0.259 per rdnt)

Total Monthly Income $0.64 USD / 0.15% Yield (annualised over total invested)

Portfolio Value

This is going to be something that I need to figure out how best to track. I am currently trialling DeBank – although yet to sign up to it, along with CoinGecko and Coinmarketcap free portfolio trackers. Does anything beat excel though. Yet to be determined.

In the interest of time, see below snapshots of the portfolio balance using DeBank as at 1st November 2023:

The above notes a portfolio value of $5,278 USD for the Happy Crypto Wanderer Wallet as at 1st November. If we include the monthly $500 USD contributed in October, this is a total portfolio value of $5778 USD. This represents a total increase in portfolio value of +$278 USD, or a return on investment (ROI) of 5.05% .


MONTH 1 SUMMARY | OCTOBER 2023 | $5,500 USD Invested | $0.64 USD Income | 0.15% Yield (annualised) | $5,778 USD Portfolio Value | +$278 / 5.05% ROI


Disclaimer

It goes without saying nothing on this site or anything associated with Happy Crypto Wanderer is or should be taken as financial advice. This site tracks the hopeful journey of one everyday punter just trying to live out a dream. Come back here every month so you can track the journey. Any and all feedback is much appreciated. If you feel so strongly that you’d like me to stop at any time, a large enough donation to this wallet  so I can reach my goal could make all this disappear.

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