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April 2023 recap - Sideways

erikklok

Published: 02 May 2023 › Updated: 02 May 2023April 2023 recap - Sideways

April 2023 recap - Sideways

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

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Market update

April was a month in which not a lot happened. The total market cap of cryptocurrencies went up from 1.19 tn to 1.16 tn. Bitcoin dominance was up from 45.9% to 46.7%.
Looking at the prices of the individual currencies, Bitcoin went down from $28,275 to $28,000 this month. The price of Ethereum also went down, from $1,875 to $1,835.

Current Portfolio

Again I didn't invest more money in Bitcoin and Ethereum. My overall portfolio value is now about €300 lower than one month ago. My portfolio shifted a bit towards BTC. My personal BTC "dominance" is up slightly from 41.6% to 41.8%.
In total I have invested €2,600 in Ethereum and Bitcoin, so I'm at a €11,400 overall profit.

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I managed to steadily increase my Hive Power holdings from 8,490 to 8,640 HP. The highest amount ever.

Will we see some upward movement again? Or are we going to see more sideways movement in May? We'll find out in the coming recaps.

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Traffic & Transport Consultant with a special interest in EV's and crypto

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