Crypto Portfolio Experiment - Update #10

By lezanch | Lezanch | 27 Oct 2023


Update #10 - 27 October 2023

Good morning everyone

Here I am with a new update regarding the experiment that began on Oct. 9.
At the time at which I am writing, the positive trend of the two portfolios continues, again thanks to a continuous rise and Bitcoin above 32K Euro (about 50% of its ATH). Take a look on previous updates:

Crypto Portfolio Experiment

Crypto Portfolio Experiment - Update #1

Crypto Portfolio Experiment - Update #2

Crypto Portfolio Experiment - Update #3

Crypto Portfolio Experiment - Update #4

Crypto Portfolio Experiment - Update #5

Crypto Portfolio Experiment - Update #6

Crypto Portfolio Experiment - Update #7

Crypto Portfolio Experiment - Update #8

Crypto Portfolio Experiment - Update #9

Now.. today's chart

Update #11

Let us look at the two compositions in detail:
Portfolio 1: the "major" cryptos, i.e., those inside the top 15 of CoinMarketCap's chart. Solana (+41.7%) and BTC (+22.4%) continue to perform well. Overall, the counter value of this portfolio + 112.08 Euro (initial investment 100.00 Euro).
Portfolio 2: This is also (and continues) in positive ground, but with a lower value than Portfolio 1. I honestly believed that the cryptos in it were more volatile than the top 15, so that they might yes be subject to sharp declines, but also to sharp rises. In reality, strong declines have been there, while strong rises have not. Of the cryptos included here, APE and GALA perform well. The others, average.

Overall, at the time in which I am writing to you, this experiment has a counter value of 220.18 Euros, for a total of +10.04%. Not bad thinking about when it started.

Thanks for reading, see you next update.

 

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Lezanch
Lezanch

Hello Publish0x.. I'm Lezanch (real name Leonardo), 41 years old guy from Italy. Since 10 years old I loved computers, my first one was a personal IBM PS/2 with 20 Mb (yes, 20 Megabytes) of hard disk... Now I spend almost of my working time in front of pc monitors.. so sometimes I loves to read some good and interesting news/post.. now it is also my turn. :-)

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