Crypto Investment Update – May 2023

This is a performance update to my crypto portfolio posted here:
https://pwlcm.wordpress.com/2023/05/01/crypto-investment-update-april-2023/

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


LUNA 2.0 Airdrop Update – May 2023

I received the very first LUNA 2.0 airdrop in September 2022 (as reported in my blog post Crypto Investment Update – LUNA 2.0 Airdrop Received). After a 6-month cliff, I expected another airdrop in April 2023, but it didn’t happen. Again I emailed Tokenize Exchange for an answer, and was informed that the 6-month worth of airdrop had been credited on 10 May 2023. I checked the amount against my calculation, and the amount tallies.

After the 6-month cliff, I am supposed to receive monthly airdrops from now on until the rest of 24 months. Hopefully Tokenize Exchange can continue with the airdrops without me prompting them. We shall see in next month update.

Performance Update

Here are the charts of the 4 crypto coins in my portfolio as of end May 2023:


The charts stayed pretty much similar to last month charts, both BTC and ETH maintained their recovery and stayed within their respective support and resistance levels, SOL stayed flat, and LUNA2 remained in the doldrums. However, both BTC and ETH went under their Ichimoku Clouds, and the clouds at the far right had just experience the Bearish Twists. The recovery might fizzle out in the near future.

Next is the performance update as of 31 May 2023:


With the weakness in May 2023, both BTC and XIRR since inception had turned from positive to negative. Overall allocation dropped slightly.

Referral Links

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

Author: Tan Choong Hwee

My name is Tan Choong Hwee, a Singapore Citizen with education and career background in engineering. Over the years I have developed strong interests in personal wealth management and now working in Providend, a Wealth Advisory firm.

2 thoughts on “Crypto Investment Update – May 2023”

Leave a comment

Design a site like this with WordPress.com
Get started