My Cryptocurrency Portfolio 2018

Cryptocurrency portfolio 2018 - David Hay

I receive many messages via YouTube, Twitter, and Steemit requesting advice on which cryptocurrencies are good investments. Although I appreciate the trust the crypto community has placed with me, I am not a financial adviser. Therefore I can’t give individual financial advice in regards to which cryptos you should buy. I can however share my own personal cryptocurrency portfolio with you here. Below is a comprehensive list of the cryptocurrencies that I personally currently hold.


David Hay cryptocurrency portfolio

My Cryptocurrency Portfolio In Depth


Now let’s take a deeper look into the individual cryptos that I hold. These are the cryptocurrencies that I personally find worthy of holding in my portfolio. It is always important to do your own research when it comes to cryptocurrencies. The crypto market is currently very volatile. Just because a coin is up one day doesn’t mean it won’t be down the next day and vice versa. I’m sharing my portfolio here so that my personal crypto investments are clear and open for the community to see.


49.5% Bitcoin


Bitcoin is the flagship cryptocurrency. Most people learn about Bitcoin before they know anything about Blockchain technology or any other crypto. Bitcoin is primarily used to store and transfer value. BTC is also used to purchase other cryptocurrencies and participate in ICOs.



24.6% Ethereum


Ethereum is considered the first 2nd generation Blockchain. Ethereum is also the first Blockchain to bring Smart Contracts to the public. ETH is the coin which powers smart contracts on the Ethereum Blockchain. ETH is also used to store and transfer value such as purchasing tokens and participating in ICOs



4.7% Litecoin


Litecoin is a fork of Bitcoin. Litecoin was forked from bitcoin with the purpose of being the silver to bitcoin’s gold. The Litecoin Blockchain has advantages over Bitcoin such as expedited new technology deployment. Like Bitcoin, Litecoin is primarily used to store and transfer value.



4.3% IOTA


IOTA is a network focused on connecting the Internet of Things. The IOTA network is a decentralized, but it does not use Blockchain technology. The IOTA network is built on Tangle technology. This sets it a part from many other decentralized ledgers and allows for free transactions across the IOTA network.



3.1% Monero


Monero is a cryptocurrency used to privately store and transfer value. The Monero Blockchain uses technologies such as ring signatures, ring confidential transactions, and stealth addresses to prevent anyone from discovering who is the sender or receiver of any given transaction.



2.1% Binance Coin


Binance Coin is used to pay fees on the Binance cryptocurrency exchange. The Binance Exchange is one of the most popular centralized cryptocurrency exchanges available today. One of the features of the Binance Coin is that a determined amount of Binance Coins will be burned each year. Thereby reducing the amount of Binance Coins in circulation. This process of coin removal should, theoretically, increase scarcity and as a result increase value.



1.9% Cardano


Cardano is considered a 3rd generation Blockchain. Cardano was founded by Charles Hoskinson who has previously worked on many successful Blockchains including the Ethereum Blockchain.



1.9% WaBi


WaBi is an Internet of Things decentralized ledger. WaBi uses RFID Technology to verify product authenticity. WaBi started out verifying the authenticity of baby formula in China. Users use their smartphones to scan the WaBi RFID label on a package before purchasing to ensure the quality of the baby formula they want to purchase.



1.7% KuCoin Shares


KuCoin Shares are distributed by the KuCoin Cryptocurrency Exchange. The KuCoin Exchange rewards holders of KuCoin shares with a percentage of the fees collected from users of the exchange.



1.4% OmiseGO


OmiseGo is a decentralized ledger focused on providing banking services to the un-banked by integrating Blockchain and smart phone technologies. OmiseGo’s parent company, Omise, has a wealth of experience in the mobile banking industry. Vitalik Buterin‏, one of the founders of Ethereum, was also an adviser to OmiseGo.



0.9% EOS


EOS is a Blockchain that focuses on enterprise services. EOS was founded by Daniel Larimer, the visionary programmer that also founded Steemit and BitShares. EOS has an exceptionally strong team with a highly capable leader.



0.9% PotCoin


PotCoin is a cryptocurrency that provides banking services for the legal Cannabis industry. The legalization of Cannabis is out pacing banking regulations which prevent banks from accepting funds generated by the industry. PotCoin is positioning itself as an alternative to traditional banks for the legal Cannabis industry.



0.6% SALT


SALT is a decentralized lending platform. The SALT token is needed to initiate a loan on the platform. SALT tokens are also used to purchase membership which grants access to the lending platfrom.



0.5% COSS


COSS is a coin associated with the cryptocurrency exchange. shares a percentage of the fees the exchange receives from users with holders of the COSS coin.



0.5% Nano


Nano, formally RaiBlocks, is used to store and transfer value. The Nano network uses a Block-lattice structure opposed to a Blockchain. This allows for feeless transactions across the Nano network.



0.5% Steem


Steem is the cryptocurrency earned by participants on the Steemit platform. The Steemit platform is a decentralized social network. On Steemit, user post content and earn Steem when other members of the community up vote their content.



0.4% AirSwap


AirSwap is a peer-to-peer decentralized cryptocurrency exchange. AirSwap allows users to announce there intent to trade a particular crypto and connect to other users wanting to trade in that crypto as well. The AirSwap token is needed for a user to announce their intent to trade.



0.3% ETHLend


ETHLend is a decentralized lending platform. Users of ETHLend can secure loans using ETH. Users can also secure loans using the LEND token, and by doing so reduce the fees associated with the loan.



0.3% INS Ecosystem


INS Ecosystem is positioned to provide consumers with direct access to grocery manufactures. The project seeks to reduce costs to consumers by eliminating unnecessary steps in the supply chain. The INS token is used in the INS Ecosystem as a payment method for products.


I hope you found this look into my personal portfolio informative. I do have to remind you that this is not financial advise regarding which cryptos you should invest in.