I will continue to update the state of this experiment every month :)
Another red month for the crypto space... After a good start in March, the month of April got us just reds.
Let`s see the results for April:
Month Four - Down -38%
Highlights for the April 2022 Top 20 Portfolio:
- Every coin is red. The prices went down for all my assets.
- After the fourth month of starting this experiment, the portfolio is down by 38%.
- The biggest decrease is represented by ALGO which is down ~66%.
April Ranking and Dropout Report
Ranking since 1 April ->1 May
Downs:
- ADA- down 1 place (#8->#9)
- DOT- down 3 places (#11->#14)
- AVAX- down 3 places (#10->#13)
- MATIC- down 3 places (#16->#19)
- ALGO- down 4 places (#28->#32)
- LTC - down 1 place (#21->#22)
- LINK- down 4 places (#23->#27)
- ATOM- down 3 places (#22->#25)
- NEAR- down 1 place (#19->#20)
- UNI- down 5 places (#24->#29)
UPS :
- LUNA- up 1 place (#9->#8)
- BCH- up 2 places (#26->#24)
- TRX - up 4 places (#25->#21)
Staking / Trading
I continued to stake some of the coins, but, in the last week of the month of April, I started to do daily trading. In this way, I hope to get some profits.
I want to start tracking the coins I have on the first day of the month and the coins I got at the end of the month, to see the progress or regress.
Short recap
April was a tough month, my all portfolio is down 38%, but I don`t fear, I know that the prices will go back up.
After a little bit of thinking, I got to the conclusion that I can get a little bit extra from trading, so I decided to start to do day trading. I plan to track all the coins that I will trade, and the profit from them, and then compare them with the initials coins to see the difference.
