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OPINIONS
An update to my crypto portfolio for September 2022.
Tan Choong Hwee
Edited 01 Oct 2022
Investor/Trader at Home
This Opinion post first appeared in my blog here: https://pwlcm.wordpress.com/2022/10/01/crypto-investment-update-september-2022/
This is a performance update to my crypto portfolio posted here:
https://seedly.sg/opinions/crypto-investment-update-august-2022/
Disclaimer: This post is just for educational sharing purposes. Please do your own due diligence on any products mentioned in this post.
There were 2 events happened during the month of September 2022 for my crypto portfolio in Tokenize Exchange:
As of today (30 September 2022), there isn't any new PoW ETH fork created, mentioned as a possibility in Tokenize Exchange's announcement on the Ethereum Merge.
Crypto market remained in the doldrums in September 2022:
BTC, ETH and SOL stayed below the Ichimoku Cloud and near the support levels. They are probably going to stay at support levels for a little longer.
After LUNA2 airdrop was released in May 2022 (my airdrop was delayed to September 2022 because of processing time by Tokenize Exchange), there were 2 price spikes in June and September 2022, but most of the time it was hovering around $1.50 ~ $2.50 region. It is probably going to stay that way until a new catalyst comes along.
Here is the performance update as of 30 September 2022:
Overall the crypto portfolio allocation had increased to 3.5%. The LUNA performance has included the LUNA 2.0 airdrop. Interesting to see that TKX had turned into positive territory, and it represents the highest allocation within the crypto portfolio. This is probably because it is an utility tokens used in Tokenize Exchange platform. As long as people continue to trade in Tokenize Exchange, there would be demand for TKX.
Tokenize Exchange: https://tokenize.exchange/topic/invited/?invite_code=Vn58M
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Tan Choong Hwee
Edited 01 Oct 2022
Investor/Trader at Home
Blogger, Investor
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