Again a month has passed and it was a very disappointing one. Let me show you how my portfolio did.
The total market cap of cryptocurrencies went down from 270 bn to 219 bn. Bitcoin dominance went down, from 71.1% to 67.7%.
Looking at the prices of the individual currencies, Bitcoin went down from $10,700 to $8,250 this month. The price of Ethereum performed a lot better and showed a slight increase from $175 to $176.
Again I didn't invest more money in Bitcoin and Ethereum. My overall portfolio value is now about €520 lower than one month ago. My portfolio shifted quite a bit more towards ETH. My personal BTC "dominance" is now at 72% (from 77%).
In total I have invested €2,600 in Ethereum and Bitcoin, so I'm at an overall loss now.
I did manage to increase my Steem Power holdings the last month from 1,979 to 2,040 SP.
Will we see more downward price action this month? Or are we going to go up again? We'll see it in the coming recaps.