Alternative investment including Crypto did well this month however traditional markets were mostly rangebound as industrial production numbers from China were disappointing .Delta variant has also put market in a jeopardy . Fed QE tapering plan is adding to the woes of market.
The broader crypto market continued its bullish price action over the past month with layer-1 solutions Solana and Terra ($LUNA) leading the pack after breaking all-time highs followed by Cardano, which is due to release smart contracts on September 12 . In contrast to traditional markets, crypto seems to be thriving .
Midcaps and Small Caps suffered back home. Investors have moved capital into large caps. it’s now to be seen that large caps will correct or midcaps will pullback
My Alternative Investment Portfolio Performance
This month I have introduced a new platform – Legalpay(Use Promo code FV48G4 to get gift) which focus on litigation funding. It will take few months before results show up. Overall all alternative platforms have performed well .Cryptocurrency has surpassed all other returns.
Yield Generation Alternative Investment Platform Performance (Annualized)
Capital Gain Alternative Investment Performance (Quarter Performance)
Crypto is again back with impressive returns. This time altcoins have outperformed Bitcoin. Finally posting some positive returns after 2 months of dismal performance
Bitcoin is back on the ascendency, rising in price by more than 50 per cent over the last month to pour cold water on fears that the market was heading towards a “crypto winter”. However people are still divided on the trajectory of crypto from here
My Returns in Iconomi have again crossed magical 1000% Number