June 2023 eToro Portfolio Update – vincenzost

Dear copiers and followers, this is my monthly portfolio update.


Hi, welcome to the June 2023 eToro Portfolio Update.
My name is Vincenzo Stefanini and my eToro username is vincenzost.

Portfolio’s Performance

In June my portfolio closed negative at -1.45%.
If your copy is still negative, please be patient and keep the copy open for the long term.
I’m expecting to close this year in profit.
Now is a good time to add more funds to the copy or start investing.

Portfolio’s Strategy

June has been a positive month for both US stock indices and cryptos, however, the portfolio didn’t increase much due to some short positions on the stock market.
Anyway, I am changing slightly the asset allocation. This process will take a while to be completed because it’s gradual.
I have already opened new positions and placed new buy orders. I am using the cash available in my balance for this.
Now is the best time to invest, in my opinion.
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.
If you are not copying my portfolio, now is a great time to start investing.

Market Forecast

The US economy remains very strong which is actually negative for the stock market as this means that inflation will remain high and central banks will need to raise more interest rates and keep a restrictive monetary policy.
For this reason, I remain neutral on the US stock market, as I am expecting a drop, however, that would be a buying opportunity for the long term.
The next FED meeting is on 26 July 2023 and 91% of investors expect a 0.25% rate increase.
On the technical side, stock indices and many cryptos are still trading above their 200-day moving average, which is a bullish sign.

My opinion

I am now very bullish on Bitcoin, after the news that a spot ETF might soon be approved.
That will allow also institutions to invest in Bitcoin and increase its adoption.
That is really great news.
Also, the next Bitcoin halving is less than 1 year away, which means that now is the time to buy and accumulate for the long term, as in the next 2 years we could finally expect a new bull run on Bitcoin.
I have also noticed that Bitcoin is not correlated anymore to the stock market, which is positive, because if there will be a stock market crash, bitcoin should hold its value.
As mentioned, I am improving the asset allocation of my portfolio to benefit from this.
I am planning to increase my exposure to gold, silver and bitcoin for the long term.
As usual, I monitor the market daily and do my best to take advantage of the market movement, in any direction.

PI Statistics

I am an Elite Popular Investor on eToro.
Currently, about 300 people are investing in my portfolio.
I am managing a total of around $300,000.
The risk score of my portfolio is 4, so very low.
In the past 2 years, my portfolio has made more than 83% profit.

Asset Allocation

The current asset allocation of my portfolio is as follows:

  • ETFs: 22%
  • Cryptos: 22%
  • Stocks: 2%
  • Cash: 54%


My goals for this year are:

  • to keep the risk score low
  • post regularly on my eToro feed and my social media
  • to close the year in profit
  • increase the assets under management to over $500,000


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.

Vincenzo Stefanini
eToro Popular Investor

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

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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.

Past performance is not an indication of future results. Trading history presented is less than 5 complete years and may not suffice as basis for investment decision.

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.

Read the full disclaimer

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