Crypto with Kash is a cryptocurrency service that utilizes a portfolio of crypto coins in order to earn profit over the long term. It is run by Khashayar Abbasi, known as Kash, who ran the New York Times best-selling author Jim Rickards’ UK crypto recommendations service.
The service focuses on Decentralised Finance (DeFi), the latest sub-sector within crypto that is said to be ‘absolutely booming’, growing from $1 billion to $40 billion in less than a year.
DeFi: Decentralized Finance is a blockchain-based form of finance that does not rely on central financial intermediaries such as brokerages, exchanges, or banks to offer traditional financial instruments, and instead utilizes smart contracts on blockchains, the most common being Ethereum.
There are currently 16 coins in the portfolio and a new one is recommended within a newsletter about every two weeks. Email sell alerts are sent as and when they are needed. There is access to a private Telegram community too.
Each coin in the portfolio has a comprehensive report indicating why they were chosen and who is behind them. There are two additional guides:
1) An introduction to the world of crypto: cryptocurrency in 2021, an introduction to DeFi cryptos, an 8 step crypto selection strategy, and a guide to buying coins on Coinbase.
2) Helping you survive the world of crypto: types of crypto wallets, scams, and other risks.
I will be starting with a portfolio worth $1000 and recording its value over one year with monthly updates.
Currently, you can snag quarterly membership at £199.97 or yearly membership at £599.97.
Update After 1st Month
Of the 16 coins currently in the official portfolio, 11 were under the recommended upper price for purchase. It’s important to note that Crypto with Kash started a few months before I began.
Results So Far: a good start to the service, my portfolio gained $224.08 during this period. One of the 11 coins made a 331% increase during this first month and the service recommended selling 40% of its stock.
Here are the stats for the first month of the review:
Acquisition Cost and Starting Bank for the Review: $1005.31 (September 29th, 2021)
Minimum Bank: $1002.94 (September 30th, 2021)
Maximum Bank: $1259.49 (October 30th, 2021)
Number of Profitable Months: 1/1
Current Bank: $1229.39 (October 31st, 2021)
Return on Bank: 22.3%
The graph below shows the daily value of the portfolio from September 29th through October 31st, 2021
The values each day are Noon amounts.