October 2024 recap - mixed view
Again a month has passed. Let me show you how my portfolio did.
Market update
October was a stable month for the crypto markets overall, but with a mixed view for the different coins. The total market cap of cryptocurrencies went from 2.26 tn to 2.27 tn. Bitcoin dominance went up a lot from 55.9% to 60.3%.
Looking at the prices of the individual currencies, Bitcoin went up from $63,950 to $69,400 this month. The price of Ethereum went down from $2,650 to $2,500.
Current Portfolio
Again I didn't invest more money in Bitcoin and Ethereum. Because of that, my overall portfolio value is now about €1,300 higher than one month ago. My portfolio shifted towards BTC. My personal BTC "dominance" is up from 56.9% to 59.6%.
In total I have invested €2,600 in Ethereum and Bitcoin, so I'm at a €22,100 overall profit.
I managed to steadily increase my Hive Power holdings from 11,661 to 11,889 HP. The highest amount ever!
Will we see (the start of) a Christmas rally? Or will we see downward or even bearish movement towards the end of the year? We'll find out in the coming recaps.
Posted Using InLeo Alpha