Weekly Portfolio Rebalance Nets $8,500 Profit: How We Achieved a 5% Gain in 7 Days.

Silverbacked Gorilla
Coinmonks
3 min readFeb 20, 2024

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My investment strategy is powered by a custom algorithm designed to optimize returns. It operates on a simple principle: sell the underperformers, keep the winners, and hold each investment until the total portfolio reaches at least a 5% profit. For my cryptocurrency holdings, they are securely stored in my personal wallet. To further capitalize on my portfolio’s performance, I convert USD into a stable cryptocurrency pair on Sparkswap.xyz. This allows me to earn consistent returns over a minimum period of 7 days. I am always on the lookout for the most lucrative farming opportunities, ensuring I deposit where the returns are highest (stable coin pairs only).

Below is the current portfolio allocation split that will be held for at least the next 7-days

There will be more assets added when L1DEX.com comes online and the beta test phase is finished with LayerOneX blockchain. ARB, OP & TRX will be added at that stage.

There are exciting updates on the horizon for L1DEX.com! As we conclude our beta testing, we’re gearing up to introduce a wider array of assets to our platform, thanks to the advancements of the LayerOneX blockchain. You can look forward to trading and holding not only the current pairs but also new additions such as Arbitrum, Optimism, and Tron. These assets will be available on their original chains, and for added flexibility, you’ll also have the option to trade them as fully collateralized wrapped L1X versions. This is a strategy I’m considering to efficiently manage assets from various chains in the future. Moreover, our platform will support an impressive 100,000 transactions per second, all at a cost of less than one cent per transaction, making portfolio rebalancing both swift and economical.

Below is an image/breakdown of each allocation of asset by parts:

This may look complex, but look at the summary on the far top right and it is really simple.

I know it can be tough when things don’t work out, especially after putting in so much effort. So let’s talk about how we’re managing our investments in a way that’s mindful of those past challenges. This week, we’ve adjusted our investment mix to include equal parts of MATIC and FTM, using US dollars. We’ve also seen a 5% profit, prompting us to rebalance our portfolio again.

For those of you who are in it for the long haul and are using this strategy, remember that it’s wise to only use half of your earnings when these rebalance moments come up, just like we’ve done twice in the past couple of weeks.

We’re streamlining our investment strategy to focus on the most promising opportunities. By carefully selecting assets that are already showing positive trend and letting go of those that don’t, we aim to secure profits and foster growth. Our approach is flexible, allowing us to shift competely from cryptocurrencies to USD, single altcoins, or a heavy weighting of BTC when market conditions call for it, and evey combination in between. Our strategy is designed to be impartial and effective, focusing solely on performance without being influenced by the very short-term fluctuations of Bitcoin, Ethereum, or any other altcoins. Our goal is to consistently support the investments that are performing well, while withdrawing from those that are not, to ensure that your portfolio is always positioned for success.

Until next week, be good.

SBG.

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[Disclaimer] The opinions expressed are my own, they do not reflect the opinion of any companies mentioned. This is intended as entertainment and education and any advice is general in nature as I do not know your personal circumstances. Seek a professional adviser for personal financial advice and never take investment advice from Gorillas unless they outperform the market!

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Silverbacked Gorilla
Coinmonks

#NoRoundTrips. Get my long-term trend data report to aid your investing or trading decisions. Trusted by Millionares. https://silverbackedgorilla.substack.com/