Monthly Update - Celsius pumps while Bitcoin, Ethereum and Binance go backwards for the month.

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I run a self manged superannuation fund and have invested it all in cryptocurrency. I started the fund with $134,000 Australian Dollars in April 2020.

The current AUD value of the fund at the end of June was $187,000 AUD, it has increased $53,000 in 3 months, that's a 3 month return of around 39%.

The best performer has been the Celsius token which has tripled in price and I converted an extra Bitcoin into Celsius in June as I believe Celsius will continue to outperform the market and even if Bitcoin goes into a bull run, Celsius price will also follow it as they will have to buy back a lot more Celsius token to pay for the increase in price of Bitcoin. So my holding at the end of June are

Bitcoin, BNB and ETH all dropped for the month but expect the to go up in value this year. BNB was the worse performer dropping back nearly 15% but I expect it to bounce back in July as they will be have a quarterly burn of tokens.

Pretty sure my self managed fund has outperformed any industry managed fund in Australia this year.

I have set up a Celsius Superannuation Account now so I will be earning 6% interest on all of these assets (excluding BNB) and get 11% interest on any stablecoin I buy.

I expect Celsius to continue to rise this month, not sure about the rest of the market but long term I am bullish on Bitcoin, Ethereum and Binance. With Ethereum 2.0 coming soon and DEFI booming, Ethereum could see some decent gains in the next few months and Bitcoin is getting increasing institutional investment and is bullish long term with it's limited supply, with 60% of that supply being HODLed over the past 6 months.

Regulation and Society adoption

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