September 2023 eToro Portfolio Update – vincenzost

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This is the September 2023 eToro Portfolio Update.

PI Statistics

I am an Elite Popular Investor at eToro.
My username is vincenzost.
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, which is good.
In the past 2 years, my portfolio has made about 80% profit.

Portfolio’s Performance

September has been a positive month for cryptos, but negative for the US stock market.
Bitcoin gained about 4% and the US stock market dropped between 5% and 6%.
My portfolio closed with a profit of 1.31%.

Market Forecast

I remain bullish for cryptos.
The next 3 months are historically bullish for both cryptos and stocks.
The Bitcoin halving will happen in the next 6 months.
More regulations are coming, which is positive and big companies like Microstrategy are continuing to invest in Bitcoin.

My opinion

Also, multiple Bitcoin spot ETFs might be approved in the US by the beginning of next year.
Also, an Ethereum ETF should be approved.
This will allow also institutions to invest in Bitcoin and increase its adoption.
That is really great news.
So 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.

Asset Allocation

The current asset allocation of my portfolio is as follows:

  • 38% Cryptos
  • 34% ETFs 
  • 3% Stocks
  • 25% Cash

Portfolio’s Strategy

In September I used some of the cash in balance to open new positions in cryptos and stocks.
I will continue using the cash available to increase the exposure to cryptos, gold, silver and stock ETFs.
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.
I recommend investing at least $2,000. If you have invested less, consider adding more funds to the copy now.

Goals

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

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

eToro Disclaimer

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