Crypto Investment Update – January 2025

This Opinion post first appeared in my blog here: https://pwlcm.wordpress.com/2025/02/04/crypto-investment-update-january-2025/

This is a performance update to my crypto portfolio posted here:
https://pwlcm.wordpress.com/2025/01/02/crypto-investment-update-december-2024/

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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Transaction Update

As mentioned in my Crypto Investment Update – December 2024 blog post, I cashed out a portion of my TKX holdings and setup Buy Limit Orders on SOL, ADA and XRP. All 3 orders were triggered, with SOL and ADA orders fully executed, and XRP partially fulfilled.

After the 3 buy orders triggered, I set up further Buy Limit Orders on SOL, ADA and XRP. This second set of ADA and SOL buy orders were triggered in January 2025.

Here are the few transactions in January 2025:

• Sold TKX at SGD63 on 2 January 2025
• Bought SOL at SGD275 on 8 January 2025
• Bought XRP at SGD3 on 8 January 2025
• Bought ADA at SGD1.25 on 9 January 2025
• Bought ADA at SGD1.2498 on 27 January 2025

• Bought SOL at SGD300 on 27 January 2025

Market Update

Here are the charts of the 6 crypto coins in my portfolio as of 31 January 2025:

2 significant events happened on 20 January 2025: second term inauguration of Donald Trump as US President and launch of DeepSeek-R1 that triggered a stock market sell-off.

We also saw a sharp decline in crypto market. All the coins in my portfolio punched through the lower boundaries of their Ichimoku Cloud.

For the main coins, BTC held up quite well around the 100% FibExt level, whereas ETH continued its down movement since momentarily set a new ATH in December 2024.

For the alt coins, XRP was the most resilient, rebounded to stay at the upper boundary of its cloud, and the only coin that hasn't experienced a Bearish Twist on the right hand side of the chart. Between SOL and ADA, the former had a upwards slope and the latter a downwards slope since November 2024.

As mentioned in the blog post Crypto Investment Update – December 2024, I didn't think that the spectacular parabolic rally of the utility coin TKX was sustainable. Indeed there was a sharp decline since making an ATH at the beginning of January 2025, and I am glad that I took partial profit at SGD63.

Performance Update

My crypto portfolio performance as of 31 January 2025:

In January 2025, I continued to load up on the 3 alt coins SOL/ADA/XRP. Both SOL and ADA had reached an allocation of about 1% of overall investment portfolio, and XRP is about half way to the target 1% allocation.

Overall crypto portfolio allocation was almost at 9%, contributing mainly from the higher returns in the alt coins. All coins except ADA were above water, and losses in ADA had reduced to about one quarter of that in December 2024.

Referral Links

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