Crypto prices have continued to slide in recent weeks in line with the wider global markets. Inflation fears, potential interest rate hikes, and the Russian-Ukrainian crisis have all played a role in pushing prices lower as uncertainty grips the markets.
My bank fell to its all-time low of $747.28 on February 24th, 2022, but it has since recovered by about $100. Overall the bank is down in February by $101.12.
Here are the all-important stats:
Acquisition Cost and Starting Bank for the Review: $1005.31 (September 29th, 2021)
Minimum Bank: $747.28 (February 24th, 2022)
Maximum Bank: $1428.41 (November 25th, 2021)
Number of Profitable Months: 2/5
Number of Losing Months: 3/5
Number of different crypto coins in the official portfolio: 23
Number of different crypto coins in my portfolio: 19*
Current Bank: $854.42 (February 28th, 2022)
Profit/Loss: – $150.89
Return on Bank: -15.0 %
*This is less than the official portfolio as I joined after the start and some coins had already increased in value above their recommended buy range.
The graph below shows the daily value of my portfolio from September 29th, 2021 through February 28th, 2022:
One new coin has been added to the official portfolio during the month.
Currently, you can snag quarterly membership at £199.97 or yearly membership at £599.97.