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Stocks and Crypto Portfolio Update (August 2021)
By Investing Beanstock  •  August 29, 2021
August have been an amazing month for the stock market and crypto space. It was also the first month for me to process my Axie scholarship payout for the first time at the end of this month and cashed out roughly 38,000 SLP in the process too! Managing the scholars was not easy, and we had to make the tough decision to kick out a few scholars due to poor performance, lack of motivation and dishonesty issues. So far, we have 21 scholars under management, and we have currently stopped breeding more Axies as it is unprofitable to do so and more cost-effective to buy directly from the marketplace instead. Aside from the Axie scholarship, I also realised some profits from my stocks portfolio with a net gain of +31% in realised profit. I have been trimming my stocks portfolio over the month as I become more and more bullish about the crypto space and all the alpha I am missing out on....
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By Investing Beanstock
Investing Beanstock incepted as a platform for me to share my knowledge on investing and personal finance. As investing is a long term process, just like planting a bean, it takes time and effort before it can grow exponentially and be rewarded like Jack (and the beanstalk).
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