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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.
Celsius Network
Update
Looking back, 2020 was a great year for cryptos—especially, Celsius Network. A year ago, CEL was ranked over 2000 on Coin Market Cap and as of writing this article it sits at 32nd place. According to Mashinsky, the goal is to be in the top 20 to 30 coins so that hedge funds will have to buy it in the same way that stocks in the S&P 500 form the majority of most portfolios.
During one of the AMAs (Ask Me Anything), Celsius Network (CN) announced that CEL will be listed on a major exchange in February 2021. The mystery exchange has agreed to pay CN to be listed on said exchange and it goes to prove that if you act in the best interest of customers then everything will take care of itself. This is a major paradigm shift since most tokens/coins pay the exchanges to be listed.
Regulations coming from the SEC (Securities & Exchange Commission) may hinder decentralized finance (DeFi) and cause users to migrate over to centralized finance (CeFi) platforms like Celsius Network. Currently, the SEC is taking regulatory action against platforms and companies that do not have KYC (Know Your Customer). The good news is that CN is well prepared and has been compliant since the very beginning.
Other Announcements
So far, CN has paid out over 146 million USD in interest to the community.
Cardano (ADA) will be added to Celsius Network in the second quarter of 2021.
Per Mashinsky, cryptos are doing well because money is being printed and diluted.
The main goal for 2021 is to stay the course and continue to HODL as much as possible. With the current price of CEL, it is tempting to go on a spending spree but you should continue to improve your finance by saving money and putting that money to work on Celsius Network.
Interest Earned
It has been 4 weeks since my last report on Celsius Network earnings and during that time my account has earned an additional 19214 USD. This is a record-breaking amount in just 4 weeks across all the platforms I use to earn interest. You can monitor this Google Sheet where I track all my earnings from a variety of platforms and it gives percent changes. According to the spreadsheet, my total earnings grew 125% in 4 weeks and I could not be happier with my investment portfolio!
The recent bull run is just a fraction of what crypto has to offer. I am being rewarded for HODLing and accumulating interest in through the bear cycle.
BTC is currently at 40.3k USD and ETH is at 1283 USD as of writing this report.
Conclusion & Prospect
Holding CEL in 2020 yielded a greater return than holding BTC which is insane. As reflected in my Celsius Network portfolio, CEL definitely contributed a major chunk in the massive gains in the last 4 weeks. As usual, hindsight is 20/20 and I wish I bought more CEL when it was below 1 USD.
Even with regulations from the SEC, I feel confident keeping my funds on Celsius Network because they remain compliant across the board and have not had any issues with regulators—at least none that I am aware of.
Hopefully the listing on a major exchange in February 2021 will help boost CEL price to new highs just like it did in the previous 4 weeks. As usual, all we have to do is HODL and continue saving to reach our goal of financial freedom.
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 this referral sheet which organizes everything into a simple chart—you can earn over 250 USD in bonuses!
This is part of the FREE subscription package that goes out to hundreds of investors. I also have a paid subscription package which includes exclusive content and insights. To really get the most bang for you buck, check out my bundle packages through Patreon.
For a limited time I’ll also be offering an option to pay in DAI. Using this method you’ll get an annual subscription for only 50 DAI.