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OPINIONS

Crypto Investment Update – December 2023

An update to my crypto portfolio for December 2023.

Tan Choong Hwee

Edited 01 Jan 2024

Solutions Specialist at Providend

This Opinion post first appeared in my blog here:

https://pwlcm.wordpress.com/2024/01/01/crypto-investment-update-december-2023/

This is a performance update to my crypto portfolio posted here:
https://pwlcm.wordpress.com/2023/12/03/crypto-investment-update-november-2023/

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

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LUNA 2.0 Airdrop Update – December 2023

I receive the LUNA 2.0 airdrop on 9 December 2023 as expected.

Performance Update

Here are the charts of the 4 crypto coins in my portfolio as of end December 2023:

In December 2023, the upwards momentum continued:

  • BTC broke and stayed above the resistance-turns-support line at 42000.
  • ETH moved up and tested the resistance line at 2400, retraced a little preparing for the next thrust up.
  • SOL broke above the resistance-turns-support line at 80, rallied quickly to test the next resistance line at 120.
  • Even LUNA2 wasn't too shabby, it went up to above 1.00 before retreating to rest on its Ichimoku Cloud.

Overall the signs seem to be indicating a continuing upwards movement in the new year. I am happy to see how this bullish sentiment has pushed up my crypto portfolio as of 31 December 2023:

My crypto portfolio allocation has reached 6.09%, about +30% up from last month 4.65%. The XIRR since inception has trippled to 24.52% from last month 8.01%. It is in a much better shape to kick start the new year.

May the crypto investors enjoy a bountiful harvest ahead!

Referral Links

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

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ABOUT ME

Tan Choong Hwee

Edited 01 Jan 2024

Solutions Specialist at Providend

Solutions Specialist

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