Group L: 9 Sustainable and alternative energy ETF’s

Below my transactions (older than 1 month) from group L: info

SOLD

Date: 09-03-2022
Type sell: Long term sell
ETF: VanEck Ethereum ETN
Purchase date: 02-02-2022
Price: 15,17
Realised profit: 0%
Reason sell:

Completely exited quickly. I had bought this ETF with a view to NFTs. Early this year, those NFTs started to get quite popular. Many of those NFTs have to be paid with Ethereum. Reason enough for me to buy this ETF. But since the invasion of Ukraine, I've seen NFT sales drop. People are now not thinking about picking up a new hype. It could well become a hype. But it is still too early to invest in this ETF based on that. I see cryptos and also stock markets making a bounce back today (temporarily bouncing up after a significant drop). With this ETF, I'll just use that to get out. We have also seen cryptos react negatively to the conflict in Ukraine. Due to the higher energy costs (oil), mining cryptos will also become more expensive or even no longer interesting. That too is a risk.

SOLD

Date: 07-02-2022
Type sell: Short term sell
ETF: VanEck Ethereum ETN
Purchase date: 02-02-2022
Price: 16,08
Realised profit: 7%
Reason sell:

Mission accomplished.

BOUGHT

Date: 02-02-2022
ETF: VanEck Ethereum ETN
Price: 15,03
More info:

Long term: 1 year

Expected profit: 100%

Achievable within 1 year: 80% chance

Short term: 1 month

Expected profit: 7%
Achievable within 1 month: 90% chance

Reason bought:

This ETF or actually ETN (Exchange Traded Note) does not belong to any group. Reason to place this ETN in each group so that all ETF customers can take note of it. Maybe now it looks like I'm going to invest in cryptos. No, I've never done anything with cryptos myself and I'm not going to do it. So why did you buy this Ethereum crypto ETN? I expect NFTs to become very large. Now it is quite difficult to buy exactly that NFT that will generate a lot of money later on. Too big a risk for me. Nevertheless, I want to be able to profit from the great success that these NFTs are likely to become. After research I found out that almost all those NFTs use the Ethereum blockchain and have to be paid with Ethereum. The reason is that the Ethereum blockchain is extremely suitable for NFTs. The Bitcoin blockchain, for example, is not. Ethereum is currently the absolute market leader among NFTs as a means of payment with more than 95%. There will be alternatives. But it is likely that Ethereum will remain the market leader. So almost everyone who buys an NFT has to buy Ethereum first. If those NFTs become a success, Ethereum will rise sharply due to all those purchases. And that's the reason I'm buying this ETN. But there's more. The energy consumption of most cryptos is huge. Ethereum has the solution. With “the Merge” they will switch to a new type of blockchain in the course of this year. The energy consumption can then be about 1000 times lower and the transaction costs can therefore also be significantly reduced. So with investing in this Ethereum ETN I kill 2 birds with 1 stone. This year, Ethereum will become an extremely low-power crypto that will beat Bitcoin. And the main reason for me; I have a nice spot on the just departing NFT train. Two things are important for a significant increase in this ETN: NFTs must become a great success and even better a hype. Ethereum should remain one of the most widely used means of payment for buying an NFT.

SOLD

Date: 03-06-2020
Type sell: Long term sell
ETF: Lyxor New Energy UCITS ETF
Purchase date: 01-04-2020
Price: 29,85
Realised profit: 20%
Reason sell:

The target price was 35% over 1 year. Now sold after 2 months and with a 20% return. It has now become clear that the economic recovery will take longer. As a result, the competitor of alternative energy oil will keep a low price for a long time. An economic crisis also means that there is less budget to make the turn to alternative energy. The EU does intend to invest more money in alternative energy. But given all the economic problems that also require a lot of money, I doubt what will come of that intention.

SOLD

Date: 14-04-2020
Type sell: Short term sell
ETF: Lyxor New Energy UCITS ETF
Purchase date: 01-04-2020
Price: 26,54
Realised profit: 7%
Reason sell:

Mission accomplished.

BOUGHT

Date: 01-04-2020
ETF: Lyxor New Energy UCITS ETF
Price: 24,80
More info:

ETF provider: Lyxor (Societe Generale)

Ticker: NRJ

ISIN: FR0010524777

Currency: Euro

Exchange: Euronext Parijs

Long term: 1 year

Expected profit: 35%

Achievable within 1 year: 80% chance

Short term: 1 month

Expected profit: 7%
Achievable within 1 month: 70% chance

Reason bought:

This ETF is affected by the low oil price. Alternative energy is often somewhat more expensive than energy from oil. However, the demand for alternative energy will continue to increase. If there is an oil deal between the US, Russia and OPEC, the oil price will rise. It takes some patience with this ETF. First the oil price has to go up. After that, the economy will have to recover from the effects of the coronavirus in order to increase the demand for alternative energy solutions again.

SOLD

Date: 30-04-2019
Type sell: Long term sell
ETF: iShares Global Clean Energy UCITS ETF
Purchase date: 10-11-2016
Price: 5,255
Realised profit: 21%
Reason sell:

In total 3 purchases. The last 11/27/2017. Despite the higher demand for clean energy, a higher oil price was needed to increase this ETF. There now appears to be top formation in the graph. We also have to wait and see what the oil price will do. The Americans want to limit Iran's oil supplies. In addition, the Americans want a low oil price. We have to wait and see how that contradiction will turn out. That's why I took the profit.

SOLD

Date: 16-05-2018
Type sell: Long term sell
ETF: Guggenheim Solar ETF
Purchase date: 19-09-2016
Price: 26,83
Realised profit: 42%
Reason sell:

It is about 2 purchases 19-9-2016 and 3-11-2016. The return is the average. It was a while to wait for a rise in the price of oil. Solar energy is a competitor of oil. Solar energy will be used more and more especially now that the oil price has risen. This ETF can eventually increase further. Still sold now. The return is good. If the oil price temporarily decreases again, part of it will be lost.

SOLD

Date: 16-01-2018
Type sell: Short term sell
ETF: First Trust ISE Global Wind Energy Index Fund ETF
Purchase date: 17-07-2017
Price: 13,78
Realised profit: 5%
Reason sell:

Mission accomplished.

SOLD

Date: 03-01-2018
Type sell: Short term sell
ETF: Guggenheim Solar ETF
Purchase date: 28-04-2016
Price: 25,79
Realised profit: 5%
Reason sell:

Mission accomplished.

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