Crypto Investment Update – May 2022

This Opinion post first appeared in my blog here: https://pwlcm.wordpress.com/2022/06/01/crypto-investment-update-may-2022/

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

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

Performance Update

May 2022 saw the UST Depeg Saga crashing LUNA to practically zero value, and dragged the whole crypto market down. The 4 coins in my crypto portfolio suffered varying degrees of drops:

Tokenize Exchange originally declared not supporting the LUNA 2.0 airdrop, but later changed their stance to support the airdrop. I have checked my Tokenize Exchange account, and confirmed that my LUNA holding had been renamed as LUNA Classic (LUNC) in Tokenize Exchange, but pending information on the details on receiving the new LUNA airdrop.

All the other 3 coins remained in the bearish territory (below the Ichimoku Cloud).

Here is the performance update as of end May 2022:

BTC had regained some ground to positive territory since the last update after the UST Depeg Saga, but ETH/SOL/TKX stay around the same level of losses.

Referral Links

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