September 2024 eToro Portfolio Update (vincenzost)
- 2 October 2024
- Posted by: Vincenzo Stefanini
- Categories: Investing & Trading, Money
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.