Crypto Investment Update – March 2024

This is a performance update to my crypto portfolio posted here:
https://pwlcm.wordpress.com/2024/03/08/crypto-investment-update-february-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 – March 2024

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

Performance Update

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

BTC broke above the 66,000 resistance level and previous All Time High (ATH) at about 69,000. That means it went into a no-man land, so I added Fibonacci Extension (FibExt) to BTC chart to get a feel of how high it can reach. Within March 2024, BTC hit the new ATH at about 73,700, then retraced and rebounded between the 100% and 138.2% FibExt levels.

I also added FibExt to ETH and SOL charts. Unlike BTC, both ETH and SOL haven’t reached previous ATH, potentially more room for them to rally. ETH managed to reach almost the 161.8% FibExt level at about 4100, then retrieved and rebounded to stay above the support level 3,500. SOL didn’t reach 138.2% FibExt level at about 220, but still managed to stay about support level 180.

All these 3 coins performed very well in March 2024. The retracement after hitting recent high was the temporary breather I mentioned in my February 2024 crypto update. I believe the bull is still intact, and I have set up some limit sell orders on BTC, ETH and TKX to capture some partial profits.

My crypto portfolio performance as of 31 March 2024:

The good performance in March 2024 had improved all returns numbers, and the crypto portfolio allocation had moved beyond 8%. SOL is the only coin in the red, but its loss had pared down to under 2%. Good chance that SOL may turn positive in April 2024. We shall see.

Referral Links

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