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Disclaimer: Nothing in this report constitutes investment advice—I am just reporting on my accounts and its progress on each platform. You should not use this report to make financial decisions. I recommend you seek professional advice from someone who is authorized to provide investment advice.
Hey everyone and welcome to the HODLer’s Den!
Here you will find information on my crypto investment portfolio straight from a HODLer’s perspective.  This section will focus on HODLing cryptos and interest-earning platforms.
Bitrue
Updates
RSR (Reserve Rights) Added To Power Piggy
If you follow C1S, you know this is a Token of the Week in the past. It recently got added to Bitrue’s Power Piggy which allows users to earn 1% APR.
Just be aware the Bitrue has a high withdrawal fee if you decide to deposit some onto the platform
Leverage Tokens Available On Bitrue
Bitrue recently added support for leverage tokens. These are a special asset that are based on an existing coin but which increase the profits you receive by a certain multiple.
On the downside, their value erodes over time when there is volatility on the underlying asset. As such, they are suitable for short term investments and will depreciate to almost 0 if held for a long time.
Unfortunately, US customers are unable to utilize this feature due to laws and regulations.
Adding MDX (Mandala Exchange) to Power Piggy
If you are planning to hold MDX for a long time then you can set and forget it in Bitrue’s Power Piggy and watch it grow.
The initial APR will be a whopping 100% APR.
Quick Power Piggy Review
As Bitrue is approaching its 3rd anniversary, I want to provide a quick review of Power Piggy—one of the best CeFi tools available for earning an interest.
PROs: (1) Does not require you to have/own BTR (Bitrue Coin) to utilize because community caps are generated on a daily basis of first-come-first-serve, (2) Very competitive APRs compared to other CeFi platforms, (3) No lock up required as you can withdraw/remove your position at anytime.
CONs: (1) Community daily caps may fill up quickly when they open, (2) Withdrawing from the Bitrue platform (not Power Piggy) comes with high fees, (3) APRs fluctuate frequently and sometimes without prior notice, (4) Minimum deposit amounts required
Community caps are generated every day with a set amount while the VIP caps are generated daily with the amount dependent on your BTR holdings.
Taking a look at the example above, the community cap for USDC/USDT is 1 million. Since I currently have 37,394 BTR sitting idle in my account, the total cap is 1 million (from the community cap) plus 37,394 (because each BTR generates 1 USD worth of value for the VIP cap), giving the Total Cap to be 1,037,394.
Next to Total Cap, you see Today’s remaining amount is 834,179. This means that anyone—even those that do not own Bitrue (BTR)—can participate and invest into Power Piggy for USDC/USDT because it’s on first-come-first-serve basis.
Looking at the example below, the community cap for XDC has been reached.
However, since I have idle BTR, I have my own VIP cap of 482331 XDC which I can deposit ant any time. If I did not have any BTR, I would not be able to participate in the XDC at this time and will have to wait until the community caps open up the follow day at 10:00 (UTC+8).
Interest Earned
Despite the recent market correction, my Bitrue Power Piggy portfolio continues to accumulate interest. In the last 4 weeks, my Power Piggy portfolio lost value of about 5300 USD—a 13% decrease in value. You can use this Google Spreadsheet to track my earnings on the four major platforms I use.
Below is my earnings from Bitrue’s Lockup. So far, I have accumulated 23,660 USD in interest. In the last 4 weeks, this portfolio lost value of 11% resulting in a reduction of 2800 USD in earnings.  I am taking advantage of the current high APRs on ETH and BTC with Bitrue’s Lockup. ETH is earning a whopping 11% and BTC is earning 8.5%.  Since BTC and ETH make up a large portion of my lockup portfolio, the dip has taken a toll on my portfolio. BTC is at 31.7k USD and ETH is at 1896 USD. Note that the total amount invested is inaccurate.
Overall, my Bitrue interest earnings lost 12% in value, reducing my account value of almost 8200 USD.  No matter which direction the market heads, HODLing and earning interest is the safest bet.  The great thing about HODLing with Bitrue, or any platform that provides interest, is that I am dollar cost averaging (DCA) into these cryptos without regard to market conditions.  Once the market becomes favorable, the gains will be massive.
Conclusion & Prospect
Just when I thought the market had found a bottom it dips even further. I am not worried because I am a long term HODLer. In the long run, my current positions will blossom once again. If you look at my overall portfolio value from the Google spreadsheet, you will notice that my interest earnings over the previous 15 months grew from roughly 2000 USD to almost 60k USD. If you average that out, it becomes nearly 4k USD of earnings each month—not too shabby.
Remember that this only reflects my interest earnings and not my total holdings. Also, during a bull run and/or rally like earlier this year, my portfolio was exploding almost 20-40% every 4 weeks. Every recession usually bounces back stronger, but regardless, I am earning a yield by parking my funds on platforms like Bitrue.
I am amazed that Bitrue is able to quickly add so many tokens/coins to Power Piggy while other platforms are struggling to do the same. At the same time, the APRs are very lucrative. I hold a decent chunk of BTR so I can maximize my earnings on the platform. The new restructured VIP cap generation will result in BTR buy pressure because now the calculation uses idle BTR versus the previous model that used total BTR holdings.
What I like to do is manually compound my earnings on Bitrue every 10 days or so and having BTR greatly helps with the process because of the minimum deposit requirements for Power Piggy. For example, the minimum amount to deposit ADA is 100 but every 10 days I only earn about 10 ADA. So what I do is withdraw 90 ADA and then deposit the 100 ADA total (90 from withdrawal and 10 from interest). You can do this without having to own BTR as long as community caps are still open.
While the market is moving sideway or even downward, CeFi platforms begin to shine because you just deposit your assets to earn interest and walk away—basically set it and forget it. It was how I handled the last 3 years ever since the market peaked in Fall 2017. This time around, there are plenty of DeFi options but CeFi is ultimately the safer play, especially for HODLers.
What I Am Doing
This section is dedicated to paid subscribers as I will go into details of what moves I am making with my interest-earning portfolios.
You are currently reading the Free Version. If you would like more information, please consider switching to a paid subscription.
Each week I will report on a different interest-earning platform that I use—mainly, Celsius Network, Bitrue, Crypto.com, and BlockFi.
If you are new to crypto or have considered joining new platforms, check out the Starter Pack created by CryptoOneStop by clicking here or if you want to earn over 250 USD in referral bonuses then click here.