September 2024 eToro Portfolio Update (vincenzost)

Popular Investor Statistics

I am a Champion Popular Investor on eToro, awaiting the required minimum AUC to upgrade to the Elite level.
My username is vincenzost and 171 people are currently investing in my portfolio.
The assets under copy are between $300,000 and $1,000,000 and my portfolio has a risk score of 6 (medium).
Over the past five years, my portfolio has achieved an impressive profit of over 521% (more than 6x the initial capital invested).
You can view my latest Factsheet at https://bullaware.com/factsheet/vincenzost

Portfolio Performance

September 2024 has been a very positive month for cryptocurrencies.
Bitcoin rallied by over 7% and Ethereum rose by over 3%.
Altcoins and crypto-related stocks also increased in value, resulting in a 7.80% profit in my portfolio for September.
My portfolio’s annual performance is again positive at +4.94%.

Market Forecast

In September 2024, the crypto market rallied after the first rate cut from the Federal Reserve’s.
Historically, the last 3 months of the year are positive for cryptos and stocks, so I expect to close this year with a good profit.
I remain very bullish on cryptocurrencies for this year and the next, firmly believing that we are in a bull market that will continue through 2024 and 2025.
Now is still a good time to buy and accumulate for the long term, in my opinion.
So, take advantage of this price drop and start investing now!
This period of accumulation is ending soon.

Asset Allocation

The current asset allocation of my portfolio is as follows:

  • 63% Cryptos (increased compared to last month)
  • 1% ETFs (no change compared to last month)
  • 16% Stocks (increased compared to last month)
  • 20% Cash in balance (decreased compared to last month)

Portfolio Strategy

In recent months, I have optimized my portfolio, increasing exposure to altcoins and crypto-related stocks to maximize profits during this new crypto bull market.
In September, I opened new long positions in $LDO, $SOL, and $HNT.
I have some buy orders already placed on altcoins, in case the prices will drop even more.
I haven’t closed any positions last month.
If you are already a copier, keep your copy open and add new funds monthly.
Remember, this is a long-term investment for at least the next two years.
If you’re not yet copying my portfolio, now is a great time to start.
I recommend investing at least $2,000 and if you have invested less, consider adding more funds to your copy now.

Goals

My goals for 2024 are:

  • Increase assets under management to over $400,000
  • Maintain a medium risk score (max 6)
  • Post regularly on my eToro feed and social media
  • Outperform Bitcoin

Contacts

If you have any questions, feel free to contact me on eToro or through my social media accounts. Follow me for more updates. Have an amazing day!

Get Started

If you want to join, create a new account on eToro via this link and view my eToro profile.

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eToro is a multi-asset platform which offers both investing in stocks and cryptoassets, as well as trading CFDs.

Please note that CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. {etoroCFDrisk}% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work, and whether you can afford to take the high risk of losing your money.

This communication is intended for information and educational purposes only and should not be considered investment advice or investment recommendation. Past performance is not an indication of future results.

Copy Trading does not amount to investment advice. The value of your investments may go up or down. Your capital is at risk.

Cryptoasset investing is highly volatile and unregulated in some EU countries. No consumer protection. Tax on profits may apply.

eToro USA LLC does not offer CFDs and makes no representation and assumes no liability as to the accuracy or completeness of the content of this publication, which has been prepared by our partner utilizing publicly available non-entity specific information about eToro.

Crypto Investing Risk Warning

Crypto assets are highly volatile. Your capital is at risk.
Don’t invest unless you’re prepared to lose all the money you invest.
This is a high-risk investment, and you should not expect to be protected if something goes wrong.

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Author: Vincenzo Stefanini
Founder at Osom One Digital Agency. Personal Finance, Investing, Money and Motivation