December 2023 eToro Portfolio Update – vincenzost
- 3 January 2024
- Posted by: Vincenzo Stefanini
- Categories: Investing & Trading, Money
Table of Contents
Happy 2024
Happy New Year everyone.
2023 has been a great year for me financially and I’m thankful for all the new opportunities and experiences that I had.
I wish you all an amazing 2024!
PI Statistics
I am a Champion Popular Investor at eToro, waiting to be upgraded again to Elite, once I reach the minimum amount of AUC.
My username is vincenzost.
Currently, about 255 people are investing in my portfolio.
I am managing a total of around $350,000.
The risk score of my portfolio is 5.
In the past 2 years, my portfolio has made about 120% profit, which is great!
Portfolio’s Performance
December has been a very positive month for stocks and cryptos.
My portfolio closed the month with a profit of 9.18%.
This has been my third best month this year!
The total return for 2023 of my portfolio is almost 17%.
Market Forecast
I remain very bullish on cryptos.
The Bitcoin halving is going to happen in the next 4 months, in April. Time is running out.
Multiple Bitcoin Spot ETFs are going to be approved soon in the US, before the halving.
Also, an Ethereum ETF should be approved.
This will allow also institutions to invest in Bitcoin and increase its adoption.
That is great news.
More regulations are coming, which is positive and big companies like Microstrategy are continuing to invest in Bitcoin.
We are already in the new bull market which will continue in 2024 and 2025.
So, NOW is the time to buy and accumulate for the long term, don’t wait. I have been telling you for months.
We can expect a pullback in cryptos, after the run, but that to me is just a buying opportunity for the long term.
Asset Allocation
The current asset allocation of my portfolio is as follows:
- 51% Cryptos (increased compared to last month)
- 11% ETFs (no change compared to last month)
- 4% Stocks (no change compared to last month)
- 34% Cash in balance (decreased compared to last month)
Portfolio’s Strategy
I am optimizing the portfolio.
I have closed in profit some positions in stocks and ETFs and I have opened new positions.
I am increasing my exposure to cryptos and altcoins.
I am also adding some positions on crypto mining stocks.
This rebalance will make sure that we will profit in the best way in this new crypto bull market.
If you are already a copier, keep the copy open and add new funds to the copy every month.
Remember that this is an investment for the long term, for at least the next 2 years.
If you are not copying my portfolio, now is a great time to start investing.
I recommend investing at least $2,000. If you have invested less, consider adding more funds to the copy now.
Goals
My goals for 2024 are:
- increase the assets under management to over $500,000
- to keep the risk score low
- post regularly on my eToro feed and my social media
- outperform Bitcoin
Contacts
If you have any questions, you can contact me on eToro or my social media accounts.
Follow me for more updates like this.
Hope you have an amazing day.
Copy my portfolio
If you want to invest in my portfolio, please follow these steps:
1. Create a new account on eToro, via the following link https://www.vincenzostefanini.it/goto/etoro/
2. Go to my eToro profile: https://vincenzostefanini.it/goto/etoro-vincenzost/
3. Click on COPY