Good morning, everyone,
it's been a while since my last update on the crypto experiment, for which I invite you to catch up on previous episodes and updates below:
Crypto Portfolio Experiment - Update #15
Crypto Portfolio Experiment - Update #16
Crypto Portfolio Experiment - Update #17
Crypto Portfolio Experiment - Update #18
Crypto Portfolio Experiment - Update #19
Crypto Portfolio Experiment - Update #20
Crypto Portfolio Experiment - Update #21
Crypto Portfolio Experiment - Update #22
Crypto Portfolio Experiment - Update #23
This new update is reflecting the rather gloomy period in crypto, where the last few weeks have seen the colour ‘red’ prevailing at the expense of the more vibrant and friendly ‘green’.
I say this because even the experiment, which began with 200 virtual Euros, now stands at a countervalue of 368.92 Euros (+168.92 Euros / 84.46%), decidedly lower than the ATH of a little more than a couple of months ago... exactly last March 13, in update #22, the maximum reached was 502.52 Euros, with an excellent 2.5x on the initial investment... today, 60 days later, the drop, in absolute value, is 133.60 Euros, decidedly important to be not negligible.
Let us now look in detail at the individual portfolios:
Portfolio 1: the top 15 crypto CMCs are, in fact, still leading, maintaining a good overall performance. They are worth EUR 212.42 and the usual driver is Solana, followed by BNB (unexpected) and DOGE.
The overall growth is 114.42%.
Portfolio 2: Compared to 1, this wallet is definitely down, with several currencies underperforming since the start of the experiment ICP and GALA were good; CSPR, ZEC and CRV were bad, very bad.
Overall, the value of this wallet is up 54.50%.
As mentioned above, the situation is not the most rosy, there are many ups and downs (more downs) and the bull run is not starting and neither is the altcoin season (which, experts say, should be different than 4 years ago).
Now... we just have to wait, patiently, for the next summer developments. Overall, I can't complain too much, the experiment is still in positive territory, so I'm virtually not losing anything.
Until the next update, thanks for reading.
