Good morning, everyone,
it's been a while since my last update (it was one month ago) on the crypto experiment, for which I invite you to catch up on previous episodes and updates below:
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
Crypto Portfolio Experiment - Update #24
OK, here we go. At this time, the crypto charts (first CoinMarketCap, but also CoinGecko) are steadily coloured 'red', i.e. they show, for the major currencies and for the currencies under investigation in this experiment, a downward trend.
This may be welcome for money investors (I buy cryptos with Euros/Dollars) but for those who hold their small portfolio of currencies, the moment is not exactly the most comfortable.
But now to the experiment.
Fortunately I am still in the positive zone, i.e. my (virtual) Euro 200 is, at the time of writing, at a value of Euro 352.98 (+152.98 Euro - 76.5%). Always leading the way is Portfolio 1. Now let's see in detail.
Portfolio 1: its current countervalue is 215.55 Euro, + 115.55% since it was created. Well, as always, SOL, which detaches all other currencies. Definitely disappointing XRP, below expectations.
Portfolio 2: in this one, the current value is 137.43 Euros, +37.42%, disappointing compared to Portfolio 1 and, above all, down sharply from a few months ago. It is up to you to assess the individual cryptos listed here.
Honestly, I had a lot of faith in Portfolio 2 as I believed that the more penalised cryptos could be a driving force for a relaunch, but I was clearly wrong.
What I expect for the future. Let's see how it goes and whether the long-awaited bull run will start and then Alt coin season. However, I expect Portfolio 1 to continue to perform better than 2.
Thanks for your attention.
