EXPERIMENT - Tracking Top 20 Cryptos Of 2022 - Month EIGHT- DOWN 67%

EXPERIMENT - Tracking Top 20 Cryptos Of 2022 - Month EIGHT- DOWN 67%

By ionutzu97 | Top 20 Experiment | 1 Sep 2022


Hello and welcome back my dear readers! I am back with the update for the month of August and the stats at the start of September.
Without further adds, let`s get started. 

Month Eight- Down -67%

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Highlights for the June 2022 Top 20 Portfolio: 

  • The crypto prices are going down,again. 
  • Interesting is that 3 of the coins are on green: SHIB,ATOM and NEAR.
  • Biggest raise change is represented by ATOM,with ~17%.
  • Biggest loss is represented by UNI, with 25.4%

August Ranking and Dropout Report

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Ranking since 1 August->1 September
Downs:
  • XRP- down 1 place (#6->#7)
  • AVAX- down 3 places (#14->#17)
  • ALGO- down 1 place (#30->#31)
  • LINK- down 2 places (#23->#25)
  • UNI- down 2 places (#17->#19)
UPS :
  • SHIB- up 1 place (#15->#14)
  • MATIC - up 1 place (#13->#12)
  • ATOM- up 4 place (#27->#23)
  • NEAR- up 1 place (#25->#24)
  • TRX- up 1 place (#16->#15)
Trading

Last month I got 130$ in profit,but what happened this month?

0d1dd20af160deca363acf72776d2ea2ba4b9da01fcf774115a0cdf8f8ebc9bd.png

As you can see, I traded,like last month,14 coins, 3 of them are on loss,1 of them did not changed,and the last 10,are all on profit.

The total profit is $35. The biggest gainer is represented by BNX - $22.

It was not the best month for trading,but as long as I ended up with more coins then I begin the month,that`s a profit.

What happened if we exclude LUNA?

We can agree that what happened with LUNA was something unic. So let`s calculate the portfolio loss without LUNA.

If we invested 950$ in the rest of the coins from 1 Jan until now, the result will be : 325.02$

So,with 950$ invested it will be a -65.78% loss.

Short recap

The prices dropped down,again,but 3 of the coins got a higher price than the last month.

The trading was fine,with a profit of 35$. I will focus more on trading for this month,and hope to get better results.

 

Thank you so much for keeping it with me. I appreciate your time reading my articles.Have a great month,and see you on October.

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