EXPERIMENT - Tracking Top 20 Cryptos Of 2022 - Month SIX- DOWN 71%

EXPERIMENT - Tracking Top 20 Cryptos Of 2022 - Month SIX- DOWN 71%

By ionutzu97 | Top 20 Experiment | 27 Jul 2022


Hello and welcome back my dear readers! I am so sorry that I didn`t post anything since the beginning of this month. I was away at work and didn`t get my laptop with me. I know that it is a little bit late, we are almost the end of this month too. I just wanted to keep track of my portfolio and get all the data.
Without further adds, let`s get started. 

June was the worst month in the crypto world so far this year.

Month Six- Down -71%

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Highlights for the June 2022 Top 20 Portfolio: 

  • A big drop down for every coin that I have, from 7% down to 69%. 
  • After the sixth month of starting this experiment, the portfolio is down by 71%.
  • The biggest decrease is represented by LUNA which is down ~97.59%.
  • This month, many of my coins dropped by around 27.07%.

June Ranking and Dropout Report

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Ranking since 1 June->1 July
Downs:
  • ADA- down 2 places (#6->#8)
  • AVAX- down 2 places (#15->#17)
  • MATIC-down 1 place (#17->#18)
  • NEAR-down 4 places (#21->#25)
  • BCH-down 5 places (#25->#30)
UPS :
  • LUNA- up 2588 places (#2807->#219)
  • SHIB- up 2 places (#16->#14)
  • ALGO- up 2 places (#30->#28)
  • LINK- up 5 places (#27->#22)
  • ATOM- up 3 places (#29->#26)
  • UNI- up 3 places (#22->#19)
Trading

Unfortunately, this month was a loss for trading. I will present my results for the period 1June-1July.

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As you can see, I traded 12 coins, but excepting 2 that are on profit and 2 that got nothing, the rest of the 8 trading pairs got me a loss of 10$.

Short recap

The biggest red month of the year until now.

A big -71% affected the coins that I decided to start this experiment.  The biggest loss is represented by LUNA, AVAX, MATIC, and ALGO.

Trading this month was resulting a negative profit, representing a loss of ~1% of the initial investment, so not a big deal. I am sure that the end of July will bring some good returns.

 

Thank you so much for keeping it with me. Sorry, one more time for so late post. Have a great day and see you on 1 August :).

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