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OPINIONS

Crypto Investment Update – August 2022

An update to my crypto portfolio for August 2022.

Tan Choong Hwee

Edited 02 Sep 2022

Solutions Specialist at Providend

This Opinion post first appeared in my blog here: https://pwlcm.wordpress.com/2022/09/01/crypto-investment-update-august-2022/

This is a performance update to my crypto portfolio posted here:
https://seedly.sg/opinions/crypto-investment-update-july-2022/

Disclaimer: This post is just for educational sharing purposes. Please do your own due diligence on any products mentioned in this post.

Tokenize Exchange LUNA 2.0 Airdrop Update

Tokenize Exchange still hasn’t provided an update to my query on the missing airdrop due to my LUNA holdings staked at Crypto Earn in the pre-attack snapshot.

Performance Update

Crypto market was not able to continue its recovery in August 2022:

BTC was trying to break above the Ichimoku Cloud in mid August, but couldn’t make it and since retreated to the $20000 support line. A Bearish Twist had appeared at the right side of the cloud.

ETH managed to break above the $1800 resistance line, but fell back and supported by the cloud.

SOL also failed to maintain above the cloud, and now dropped towards $28 support line with a Bearish Twist appeared at the right side.

Here is the performance update as of end August 2022:

Crypto portfolio allocation dropped slightly to just under 2.8%, and the returns numbers maintained about the same level as last month.

Referral Links

Tokenize Exchange: https://tokenize.exchange/topic/invited/?invite_code=Vn58M

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Tan Choong Hwee

Edited 02 Sep 2022

Solutions Specialist at Providend

Solutions Specialist

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