Crypto currency volatility, lost -54.42% in just two weeks

Updated: 16 July, 2017 seen 140

In the past two weeks, my investments in crypto currencies have lost it's value by -54.42%, that's insane, but here is the thing - I don't care much, as I believe in the long term run they should raise, break even and even grow in value.

My story with crypto currency investment started just about two weeks ago, during a leisure trip to Crete, Greece I decided to allocate a small piece (up to 5%) from my investment portfolio in crypto currencies. Also I decided to use dollar cost averaging approach and constantly buy more coins each month. 

After seeing a drop by more than 50% in just two weeks I've started to think to limit crypto currency part in my portfolio to some 2-3% instead of 5%, as such huge volatility actually impacts my overall portfolio performance.

Cryptocurrency volatility

Cryptocurrency volatility 

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From three crypto coins in my wallet, ether has lost the most, -101,18%, bitcoin - 41.16% and litecoin -35.64%, and that all have happened in just two weeks. Insane!

On the other hand I feel sorry I don't have more funds available this month to buy more coins, and in fact I wouldn't mind seeing price drop to -80% till the end of month and buy more coins for less money in August.

The bigger picture from my investments in crypto currencies is to buy more coins every month until the end of 2020. 

Right now it seems if there is a failing price for one coin, the others will fall as well, and vice verse, if price is raising for one currency it will raise for all. Again, that's pretty insane, as using a well diversified stock portfolio at the end your stock portfolio shouldn't been so volatile as it is with crypto currencies.

It will be interesting to see, will ether or some other currency bypass bitcoin it total market cap and hopefully change the way how crypto market acts as of today. 

The Bottom Line

Investments in crypto currencies are risk, volatile and probably insane, if you still feel you would like to try out of your luck - use average dollar cost approach and never invest money you can't afford to lose. 

Although my investments after first two weeks with crypto are rather small - just EUR 150, at the end, after two weeks I've lost more than EUR 50. Now, most probably I entered crypto market at one of the highest it levels, and, most probably it will continue to fall for the next months. I don't have a strong answer.


Hi! My name is Reinis Fischer (38), a proud dad and devoted husband. CEO and Founder of Terramatris crypto hedge fund, drone enthusiast, world traveler, photographer, and passionate lover of Georgian cuisine (vegetarian).

An ex-pat living in Georgia since 2011, I trade stocks, take photographs, work out at the gym, and many more. Here I write about travel, finance, and other things that might interest me.