January 2024 eToro Portfolio Update (vincenzost)
- 2 February 2024
- Posted by: Vincenzo Stefanini
- Categories: Investing & Trading, Money
Table of Contents
Popular Investor 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 240 people are investing in my portfolio.
I am managing a total of around $320,000.
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
January 2024 has been a mixed month for cryptos.
Bitcoin and Ethereum closed in slight profit, but many altcoins have dropped in value.
Also, crypto related stocks have fallen after the approval of the Spot Bitcoin ETFs.
Since my portfolio is exposed mainly to altcoins and crypto mining stocks, the month of January closed with a fall of 5.13%.
Market Forecast
Even though the crypto market has fallen recently, I am not worried.
Instead, I took this opportunity to add more exposure to cryptos in my portfolio.
I remain very bullish on cryptos for this year.
The Bitcoin halving is going to happen in the next 2-3 months, in April. Time is running out.
Also, an Ethereum ETF could be approved by March.
We are currently in a 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.
Asset Allocation
The current asset allocation of my portfolio is as follows:
- 57% Cryptos (increased compared to last month)
- 15% ETFs (increased compared to last month)
- 8% Stocks (increased compared to last month)
- 20% Cash in balance (decreased compared to last month)
Portfolio’s Strategy
I have been optimizing the portfolio recently.
I have closed in profit some positions in stocks and I have opened new positions.
Overall, I am increasing my exposure to altcoins and crypto related 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 to medium
- 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.
I 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