Crypto Investment Update – May 2024

This Opinion post first appeared in my blog here: https://pwlcm.wordpress.com/2024/06/01/crypto-investment-update-may-2024/

This is a performance update to my crypto portfolio posted here:
https://pwlcm.wordpress.com/2024/05/01/crypto-investment-update-april-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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LUNA 2.0 Airdrop Update – May 2024

Tokenize Exchange continued to credit the LUNA 2.0 airdrop on 9 May 2024 as scheduled.

Performance Update

Here are the charts of the 4 crypto coins in my portfolio as of end May 2024:

After a correction in April 2024, we saw a recovery in crypto market in May 2024. Is the old market adage "Sell in May and Go Away" not applicable to the crypto market?

All 3 coins (BTC/ETH/SOL) reclaimed their positions above Ichimoku Clouds and showing Bullish Twist at the right hand side. BTC, ETH and SOL might in their Elliott Wave 5, getting ready to break above the recent highs in March 2024.

My crypto portfolio performance as of 31 May 2024:

With the recovery in May 2024, my crypto portfolio allocation, monthly return and XIRR all went up above the levels in April 2024.

Referral Links

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