Good morning, everyone.
I am returning to writing after a short hiatus (about 2 1/2 months since my last update post) as, in mid-July, I was fortunate enough to become a dad, so my time management has definitely changed (for the better).
I'll post below the latest update on the crypto experiment, before going into detail about what's going on these days:
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
Crypto Portfolio Experiment - Update #25
Crypto Portfolio Experiment - Update #26
Basically things are not going well, like the whole crypto landscape in fact. The two portfolios, which months ago were performing really well, are down, one of the dure even in the negative range (could this be a warning to replicate it with real money?).
Let's see in detail:
Portfolio 1: At the time of which I am writing to you, Portfolio 1, that is, the 10 coins I chose from the top 15 in CoinMarketCap's ranking, has a counter value of 182.17 Euros, or +82.17 Euros compared to the 100.00 initial investment. Trailing, as always, is SOL, which remains at respectable high values. Badly, on the other hand, is LiteCoin.
Portfolio 2: Here the surprise. For the past few days P2 has been performing below threshold, that is, in the negative range. The 100.00 Euro initial investment right now is 95.16 (-4.84%). apart from ICP, all other coins are in the decidedly negative range.
As I anticipated above... considering the TOP reached by this portfolio a few months ago, perhaps with these values it might be a good time to invest and turn it into real money, hoping for a similar trend as last spring.
What to expect now? Never before have I been more confused than at this time. Between blogs, videos, etc., one reads any prediction, both optimistic and pessimistic, about the near future of cryptos.
What will I do? Well, the experiment with virtual money will continue, just to have a bench of what and how it is performing, while for real money I think I will wait (I have different priorities at the moment). How about you?
Thanks for reading.
Translated with DeepL.com (free version)
