May 2023 recap - Still not much action

in LeoFinance11 months ago

Again a month has passed. Let me show you how my portfolio did.

Market update

May was - just like April - a month in which not a lot happened. The total market cap of cryptocurrencies went down from 1.16 tn to 1.13 tn. Bitcoin dominance was down from 46.7% to 46.1%.
Looking at the prices of the individual currencies, Bitcoin went down from $28,000 to $26,900 this month. The price of Ethereum went slightly up, from $1,835 to $1,855.

Current Portfolio

Again I didn't invest more money in Bitcoin and Ethereum. My overall portfolio value is now about €200 higher than one month ago. My portfolio shifted a bit towards ETH. My personal BTC "dominance" is down slightly from 41.8% to 40.7%.
In total I have invested €2,600 in Ethereum and Bitcoin, so I'm at a €11,600 overall profit.

I managed to steadily increase my Hive Power holdings from 8,640 to 8,751 HP. The highest amount ever.

Will we see more volatile action again? Or are we going to stay in this flat-ish kind of movement? We'll find out in the coming recaps.

Posted Using LeoFinance Alpha

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Hive Power Up Month Challenge - May 2023 Winners List
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Congratulations @erikklok! You received a personal badge!

You powered-up at least 10 HIVE on Hive Power Up Day!
Wait until the end of Power Up Day to find out the size of your Power-Bee.
May the Hive Power be with you!

You can view your badges on your board and compare yourself to others in the Ranking

Check out our last posts:

Hive Power Up Month Challenge - May 2023 Winners List
Be ready for the June edition of the Hive Power Up Month!
Unveiling the Exclusive Web3 Berlin Conference Badge. HiveBuzz Adds a Touch of Excitement!

Nice stack! When did you buy your BTC & ETH? 2020?

Thanks! No, in 2018 already, so at a relatively low average price ;)

Good timing, well done!
Hodl on! ✊🏻

When big upward moves happen as in the past, your in a comfortable position :)

Indeed. Íf they happen ;)