Update #3 - 12 October 2023
Good morning everyone
here we are at the third update of this experiment on 2 different crypto portfolios.
Let's make it clear right away: this is a virtual experiment with virtual money (initial investment of 200.00 Euro) and this is not any financial advice, as it is not my field. What I am doing is a kind of diary, for now daily, on the performance of 2 portfolios I have created.
To catch up on previous parts, link here:
Crypto Portfolio Experiment - Update #1
Crypto Portfolio Experiment - Update #2
Today the trend is still negative. We are on the just completed third day of the experiment, and the counter value of the two portfolios continues to be in the reductive range.
Portfolio 1: At the time I am writing, its value is down -4.66 percent, with a marked reduction in DOT, SOL and XRP. This makes me wonder, as I personally believe very much in the SOLANA project.
Portfolio 2, the more aggressive of the two, as well as the riskier: deflection of -6.05%, recovering slightly from yesterday's update, where it stood at -6.62%.
Prominent among these cryptos, in a negative sense, are GALA and IOTA.
Overall, the 2 portfolios are losing about 10.70 Euro (which out of a total of 200.00 Euro, leads to an average percentage of -5.35%.
To repeat. This is just an experiment done with virtual money. I could also have put 10,000 Euro into the day instead of 200, but the math did not change.
Thanks for your attention and see you next update.