November 2024 recap - almost 100k BTC

in #inleo17 days ago

Again a month has passed. Let me show you how my portfolio did.

Market update

As reported earlier, November showed some huge upward price action. Whether it was because of the US election or not, it is nice to see the prices goin up like this! The total market cap of cryptocurrencies went up from 2.27 tn to 3.43 tn. Bitcoin dominance went down from 60.3% to 56.1%.

Looking at the prices of the individual currencies, Bitcoin went up from $69,400 to $97,000 this month. The price of Ethereum went up as well from $2,500 to $3,700.

Current Portfolio

Instead of investing more money in Bitcoin and Ethereum, I chose to sell off a bit of both. As a result, my overall portfolio value is still about €10,000 higher than one month ago and also more into fiat and stablecoins. Hence my portfolio shifted away from BTC. My personal BTC "dominance" is down from 59.6% to 34.2%.

In total I have invested €2,600 in Ethereum and Bitcoin, so I'm at a €32,200 overall profit. €7,400 of that profit is realised e.g. cashed out. Quite happy with both!

I managed to steadily increase my Hive Power holdings from 11,889 to 12,064 HP. The highest amount ever!

Will we see new all time highs before Christmas? Or has the bull market already lost traction and will the bears take over? We'll find out in the coming recaps.

Posted Using InLeo Alpha

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