Update #5 - 16 October 2023
Good morning, everyone.
Update today, Mon, exactly one week after the start of this experiment (Monday, October 9).
To catch up on previous parts, link here:
Crypto Portfolio Experiment - Update #1
Crypto Portfolio Experiment - Update #2
Crypto Portfolio Experiment - Update #3
Crypto Portfolio Experiment - Update #4
At the time of which I am writing to you, both portfolios continue to be in the negative camp, but in sharp recovery from last weekend, where on Friday (at my last update) the downward curve seemed to stop. Today the confirmation, compared to a few days ago the trend continues to be upward, thus limiting the loss.
Portfolio 1: down -1.88% today (Friday -4.31%). DOT continues to perform poorly, the worst performer on the list, while SOL shows a very good recovery.
Portfolio 2: Today's decline is -2.34% from Monday, October 9, while last Friday's decline was more pronounced, as much as -5.31%. From this portfolio IOTA continues to be disappointing, while the other cryptos are averaging stable.
Overall, compared to the initial investment of 200.00 Euros, the entire portfolio loses 3.52 Euros (-1.76%). We are getting back up and back to the values of about a week ago. Hopefully the trend will continue.
Thanks for your attention...see you next update.