<figure class="wp-block-image size-large"><img decoding="async" src="https://storage.googleapis.com/nordl-prod-storage-bucket/images/blog/Aug_2024_montly_performance_report.jpg" alt=""/></figure>



HODL, norDL Investors!



August was a challenging month for the crypto market, with a global market selloff impacting both traditional and digital assets.



In August 2024, the overall crypto market experienced a decline of 11.11%. This downturn reflects broader market trends, as global financial markets faced significant selling pressure, leading to a ripple effect in the crypto space.



Bitcoin, the leading cryptocurrency, saw a decline of 8.91%, while Ethereum faced a more substantial drop of 21.20%. These movements underscore the interconnectedness of the crypto market with the broader financial landscape.



Let’s explore the detailed performance of the Crypto Index Funds over the past month.



<h2 class="wp-block-heading">Performance of Crypto Index Funds:</h2>



Our Crypto Index Funds experienced varying returns in August, ranging between a decline of 11.85% and 19.21%.



Despite this short-term dip, the 2024 returns still show resilience, with some fund achieving up to +31.08%. This highlights the importance of maintaining a long-term perspective and staying committed to a diversified investment strategy.



Check out the following graph to know each fund’s performance:



<figure class="wp-block-video"><video controls src="https://storage.googleapis.com/nordl-prod-storage-bucket/images/blog/jan_aug_2024_performance_crypto_index_fund.mp4"></video></figure>



There were no significant crypto-specific events driving the market in August; rather, the decline was largely due to a broader selloff in traditional markets. This event serves as a reminder of the inherent volatility in the crypto market, often influenced by global financial trends.



While short-term volatility can be unsettling, it’s crucial to maintain a long-term investment mindset. Here are some strategies to consider:



Tips to Tackle Short-Term Volatility in Crypto Investments:



<ul class="wp-block-list">
<li>Focus on Long-Term Goals: Short-term market fluctuations are part of investing, especially in the crypto space. Keep your eyes on long-term goals and avoid making impulsive decisions based on temporary market movements.</li>



<li>Diversify Your Portfolio: Spreading investments across different cryptocurrencies and asset classes can help mitigate risk. Diversification ensures that downturns in one area don’t overly impact your overall portfolio.</li>



<li>Dollar-Cost Averaging (DCA): Continue using the DCA method, investing a fixed amount regularly. This approach helps smooth out the effects of market volatility and reduces the impact of timing the market.</li>
</ul>



<h2 class="wp-block-heading">norDL Updates:</h2>



The norDL app received minor updates in August, including bug fixes to enhance your experience. We are committed to providing a seamless and user-friendly platform for managing your crypto investments.



Thank you for choosing&nbsp;<a href="https://play.google.com/store/apps/details?id=com.nordl.app">norDL</a>&nbsp;as your trusted partner in you crypto investment journey.



HODL strong, and let’s continue to embrace the future of crypto investments together!



<figure class="wp-block-image"><a href="https://play.google.com/store/apps/details?id=com.nordl.app"><img decoding="async" src="https://storage.googleapis.com/nordl-prod-storage-bucket/images/otherImages/Google_Play_Store_badge_EN_White.png" alt=""/></a></figure>



Disclaimer: Crypto is a volatile and slightly risky asset due to its novel nature. Please Consult your financial advisor to allocate appropriate funds to invest in crypto assets apart from your traditional investing.



Follow us to join the smart Crypto Investor Community on norDL:



<a href="https://play.google.com/store/apps/details?id=com.nordl.app">norDL App</a>&nbsp;|&nbsp;<a href="https://nordl.io/">Website</a>&nbsp;|<a href="https://twitter.com/Nord_Finance?s=09">&nbsp;Twitter</a>&nbsp;|&nbsp;<a href="https://www.instagram.com/nordl.io/">Instagram</a>

August 2024: norDL Monthly Performance Report

<figure class="wp-block-image size-large"><img decoding="async" src="https://storage.googleapis.com/nordl-prod-storage-bucket/images/blog/july_2024_montly_performance_report.jpg" alt=""/></figure>



HODL, norDL Investors!



July brought new developments to the crypto market, including the launch of 8 Ethereum ETFs, which had a notable impact on market dynamics.



In July 2024, the cryptocurrency market experienced a period of stagnation, with little to no change in the value of various digital assets. Despite the launch of an Ethereum ETF, it failed to make any significant impact on the market during the month.



Bitcoin, saw a rise of&nbsp;+5.22%, while&nbsp;Ethereum&nbsp;dropped by&nbsp;4.84%&nbsp;during the month.



Let’s explore the detailed performance of the Crypto Index Funds over the past month.



<h2 class="wp-block-heading">Performance of Crypto Index Funds:</h2>



Our Crypto Index Funds demonstrated varying degrees of performance in July, with monthly returns reaching up to +4.03%. This diversity in returns emphasizes the benefits of a well-rounded investment strategy that includes multiple assets.



<figure class="wp-block-image size-large is-resized"><img decoding="async" src="https://storage.googleapis.com/nordl-prod-storage-bucket/images/blog/july_2024_performance_crypto_index_fund.png" alt="" style="width:652px;height:auto"/></figure>



However, looking at the broader picture, the 7-month returns reached up to +54.32%. This long-term performance highlights the benefits of maintaining a diversified portfolio and staying invested over time.



Check out the following graph to know each fund’s performance:



<figure class="wp-block-video"><video controls src="https://storage.googleapis.com/nordl-prod-storage-bucket/videos/jan-july_2024_performace.mp4"></video></figure>



The launch of Ethereum ETFs was the most significant event of the month, providing a new avenue for institutional and retail investors to gain exposure to Ethereum. This development is a positive indicator for the long-term growth potential of Ethereum.



However, in the short term, the crypto market may experience volatility and correction, influenced by trends in the global financial markets.



Tips to Tackle Short-Term Volatility in Crypto Investments:



<ul class="wp-block-list">
<li>Diversify Your Portfolio: Spread your investments across multiple cryptocurrencies and other asset classes to minimize risk.</li>



<li>Utilize Dollar-Cost Averaging (DCA): Invest a fixed amount regularly, regardless of market conditions, to average out the cost of your investments over time.</li>



<li>Stay Informed: Keep up-to-date with global financial news and trends to anticipate and stay positive during volatile market movements.</li>



<li>Maintain a Long-Term Perspective: Focus on your long-term investment goals rather than short-term market fluctuations.</li>



<li>Secure Your Investments: Use secure platforms like the norDL app and enable two-factor authentication (2FA) to protect your assets.</li>
</ul>



<h2 class="wp-block-heading">norDL Updates:</h2>



We are pleased to announce that we have implemented UI updates and bug fixes to the norDL app, ensuring a smoother and more user-friendly experience for our growing community of investors.



Thank you for choosing&nbsp;<a href="https://play.google.com/store/apps/details?id=com.nordl.app">norDL</a>&nbsp;as your trusted partner in you crypto investment journey.



HODL strong, and let’s continue to embrace the future of crypto investments together!



<figure class="wp-block-image"><a href="https://play.google.com/store/apps/details?id=com.nordl.app"><img decoding="async" src="https://storage.googleapis.com/nordl-prod-storage-bucket/images/otherImages/Google_Play_Store_badge_EN_White.png" alt=""/></a></figure>



Disclaimer: Crypto is a volatile and slightly risky asset due to its novel nature. Please Consult your financial advisor to allocate appropriate funds to invest in crypto assets apart from your traditional investing.



Follow us to join the smart Crypto Investor Community on norDL:



<a href="https://play.google.com/store/apps/details?id=com.nordl.app">norDL App</a>&nbsp;|&nbsp;<a href="https://nordl.io/">Website</a>&nbsp;|<a href="https://twitter.com/Nord_Finance?s=09">&nbsp;Twitter</a>&nbsp;|&nbsp;<a href="https://www.instagram.com/nordl.io/">Instagram</a>

July 2024: norDL Monthly Performance Report

<figure class="wp-block-image size-large"><img decoding="async" src="https://storage.googleapis.com/nordl-prod-storage-bucket/images/blog/june_2024_montly_performance_report.jpg" alt=""/></figure>



HODL, norDL Investors!



June brought challenges to the crypto market, highlighting the importance of maintaining a strategic and long-term investment approach.



In June 2024, the crypto market experienced a decline, with an overall correction of 11.11%. This market downturn underscores the inherent volatility of the crypto landscape and the need for diversification.



Bitcoin, dropped by 9.06%, while Ethereum dropped by 10.78% during the month.



Let’s explore the detailed performance of the Crypto Index Funds over the past month.



<h2 class="wp-block-heading">Performance of Crypto Index Funds:</h2>



Our Crypto Index Funds showed different levels of performance in June as outlined below:



<figure class="wp-block-image size-large"><img decoding="async" src="https://storage.googleapis.com/nordl-prod-storage-bucket/images/blog/june_2024_performance_crypto_index_fund.png" alt=""/></figure>



However, looking at the broader picture, the 6-month returns reached up to +45.61%. This long-term performance highlights the benefits of maintaining a diversified portfolio and staying invested over time.



Check out the following graph to know each fund’s performance:



<figure class="wp-block-video"><video controls src="https://storage.googleapis.com/nordl-prod-storage-bucket/videos/jan-june_2024_performace.mp4"></video></figure>



While there were no significant market events in June, the ongoing adoption of the <a href="https://nordl.io/blog/what-is-crypto-dca-dollar-cost-averaging-strategy">Dollar-Cost Averaging (DCA)</a> method remains a prudent strategy for investors. This disciplined approach helps mitigate short-term market fluctuations and positions investors for long-term success. Incorporating Crypto Index Funds into your investment strategy can further enhance diversification and reduce risk.



Before we end the report, here are some quick tips to invest in crypto smartly:



<ul class="wp-block-list">
<li>Review and Rebalance: Regularly review your portfolio and rebalance as necessary to ensure your investments align with your goals and risk tolerance.</li>



<li>Educate Yourself: Continuously educate yourself about the crypto market, new technologies, and emerging trends to make informed decisions.</li>



<li>Secure Your Assets: Use two-factor authentication (2FA) and secure apps like the <a href="https://play.google.com/store/apps/details?id=com.nordl.app">norDL app</a> to protect your investments.</li>



<li>Avoid Emotional Decisions: Stick to your investment plan and avoid making impulsive decisions based on market volatility or short-term trends.</li>



<li>Stay Patient and Consistent: Understand that the crypto market can be highly volatile. Patience and consistency are key to navigating these fluctuations successfully and grow your portfolio in long term.</li>
</ul>



<h2 class="wp-block-heading"><strong style="color: revert; font-size: clamp(2.625rem, 2.625rem + (1vw - 0.48rem) * 8.4135, 3.25rem); background-color: var(--wp--preset--color--base); font-family: var(--wp--preset--font-family--system-font);">norDL Updates:</h2>



We are pleased to inform that we have implemented minor bug fixes and UI improvements to the norDL app, ensuring a smoother and more user-friendly experience for our growing community of investors.



Thank you for choosing <a href="https://play.google.com/store/apps/details?id=com.nordl.app">norDL</a> as your trusted partner in you crypto investment journey.



HODL strong, and let’s continue to embrace the future of crypto investments together!



<figure class="wp-block-image aligncenter size-large"><a href="https://play.google.com/store/apps/details?id=com.nordl.app"><img decoding="async" src="https://storage.googleapis.com/nordl-prod-storage-bucket/images/otherImages/Google_Play_Store_badge_EN_White.png" alt=""/></a></figure>



Disclaimer: Crypto is a volatile and slightly risky asset due to its novel nature. Please Consult your financial advisor to allocate appropriate funds to invest in crypto assets apart from your traditional investing.



Follow us to join the smart Crypto Investor Community on norDL:



<a href="https://play.google.com/store/apps/details?id=com.nordl.app">norDL App</a> | <a href="https://nordl.io/">Website</a> |<a href="https://twitter.com/Nord_Finance?s=09"> Twitter</a> | <a href="https://www.instagram.com/nordl.io/">Instagram</a>

June 2024: norDL Monthly Performance Report

<figure class="wp-block-image size-large is-resized"><img decoding="async" src="https://storage.googleapis.com/nordl-prod-storage-bucket/images/blog/how_to_do_dca_blog.jpg" alt=""/></figure>



Are you eager to boost the efficiency of your cryptocurrency investments but unsure about the starting point? Look no further — Crypto Dollar-Cost Averaging (DCA) might be the key to your success.



<h2 class="wp-block-heading">Demystifying Crypto DCA Strategy</h2>



In this article, we&#8217;ll demystify the Crypto DCA strategy, offering you a powerful approach to navigate the volatile and ever-changing cryptocurrency market confidently.



So, what&#8217;s this Dollar-Cost Averaging (DCA) all about? It&#8217;s an investment strategy that is not about timing the market, but rather spending more time in it. Picture this: consistently grabbing a slice of a rock-solid cryptocurrency like Ether ($ETH) from the Ethereum blockchain, no matter what the current market price is.



Now, here&#8217;s where DCA shakes things up. Instead of dancing to the beat of short-term price swings, it&#8217;s all about the long game. Every month, like clockwork, you grab a chunk of crypto—let&#8217;s say $ETH—regardless of its current mood. Your goal? Building up that $ETH in your portfolio with a clear vision for the long haul, making short-term blips barely a blip on your investment radar.



Why does it work like magic? Well, imagine this: Ethereum&#8217;s grappling with scalability hiccups in short-term, causing $ETH prices to take a temporary dip. Surprisingly, that&#8217;s a win for you! Your bucks are suddenly scoring more $ETH units every month. (Assuming the Ethereum builders are tackling scalability like superheroes following their roadmap.)



Flip the coin, and let&#8217;s say $ETH is on a up move. Great! Your entire cryptocurrency portfolio gets a boost—another win.



Now that we&#8217;ve peeked into the magical world of dollar-cost averaging, let&#8217;s roll up our sleeves and get down to the nitty-gritty—how to actually work this DCA magic in the crypto market. Ready? Let&#8217;s do it!



<h2 class="wp-block-heading">How Does Dollar-Cost Averaging (DCA) Work in Crypto?</h2>



Contrary to what many people think, preparation for dollar-cost averaging starts way before any money leaves your pocket. It starts with you,



<h2 class="wp-block-heading">1. Identifying the right Cryptocurrency to Invest</h2>



Alright, let&#8217;s break this down in a way that won&#8217;t have you scrolling through the latest Twitter trends or blindly following your favorite influencer&#8217;s crypto picks. Forget the hype for a second!



Instead of putting your hard-earned cash into the crypto that blew up on social media last week, or the one your favorite influencer can&#8217;t stop talking about, let&#8217;s take a smarter route. Invest in the cryptocurrency whose fundamentals and performance you truly understand and believe in.



Now, before you dive in, let&#8217;s do a little detective work. What problem is this crypto solving? Who&#8217;s the brainpower behind it? What kind of tech is it utilizing? Who are the competitors in the ring? Check out its past moves, its roadmap for the future, and whether any big institutions are giving it a nod. Oh, and don&#8217;t forget to make sure it&#8217;s playing by the rules – we&#8217;re talking regulatory abidance here.



Notice something? Most of these details don&#8217;t live in the world of numbers; they&#8217;re all about the personality and potential of the project. Once you&#8217;ve got your eyes on a crypto that ticks all these boxes, you&#8217;re onto something big.



<h2 class="wp-block-heading">2. Fix an Investment Schedule</h2>



This essentially means you need to decide how frequently you will invest. This can be weekly &#8211; I’ll buy $50 worth of $ETH every Friday. Or monthly, quarterly, or any period that suits you.&nbsp;



The frequency of investing often coincides with the investment amount. Let&#8217;s check how to decide investment amount.



<h2 class="wp-block-heading">3. Decide Investment Amount&nbsp;</h2>



Alright, let&#8217;s talk about the unspoken rules of the crypto investing. There&#8217;s no strict playbook, and your decisions here are as personal as your choice of pizza toppings. But, like any seasoned investors, you&#8217;ll want to stick to some golden guidelines:



First off, steer clear of investing money you don&#8217;t actually own. We&#8217;re talking no borrowed cash or dipping into your friend&#8217;s wallet. 



Next up, figure out an investment amount that won&#8217;t keep you up at night. Think of it as the amount you&#8217;re fine with not seeing for a while – we&#8217;re talking the long haul.



Now, follow these steps, and you&#8217;ve got yourself a solid roadmap for your crypto investment. Whether it&#8217;s weekly, monthly, or quarterly, you&#8217;re investing a specific amount into a crypto you&#8217;ve got your eye on. Then, it&#8217;s the waiting game, watching that volume effect do its thing.



Now, let us understand why Dollar-Cost Averaging (DCA) is an ideal investment strategy for you in the cryptocurrency market.



<h2 class="wp-block-heading">Benefits of DCA for Crypto Investment :</h2>



Here are the Top 5 benefits of DCA strategy in crypto Investing:



<h2 class="wp-block-heading">1. Lowers the Involvement of Emotions in Investments</h2>



Investment is an emotional rollercoaster. Panic during crashes. FOMO (fear of missing out) during booms. And every emotion in between makes investment a tough journey. This is also where most investors and traders lose money as their decisions are influenced by their emotions.&nbsp;



DCA helps you avoid these by predetermining when, where, and how much to invest.



<h2 class="wp-block-heading">2. Time Efficient&nbsp;Crypto Investing</h2>



As mentioned, since every element of investing is predetermined, no extra time is required to research, plan, and track investments. You don’t have to be checking your crypto app, check their prices, and set up buy orders.&nbsp;



This is ideal for investors who want to be as hands-off as possible with their investments.



<h2 class="wp-block-heading">3. Spreads Risk&nbsp;in your Cryptocurrency Investments</h2>



DCA works its magic by smoothing out the bumps in the crypto road. Imagine this: you grab a bit of your chosen crypto, let&#8217;s say $BTC (Bitcoin), like it&#8217;s a monthly ritual. This consistent buying doesn&#8217;t just keep things steady; it&#8217;s like a financial superhero that swoops in to rescue you from the risky business of going all in and playing crypto roulette.



Now, here&#8217;s the real game-changer. While others might be sweating it out during bear markets, you&#8217;re actually giving them a little nod of appreciation. Why? Because for you, bear markets aren&#8217;t a scary rollercoaster; they&#8217;re an opportunity to grab more of your favorite crypto at an even better price. So, while others might be hitting panic mode, you&#8217;re calmly building your crypto empire, one bear market at a time. Now, that&#8217;s what we call strategic crypto hustle!



<h2 class="wp-block-heading">4. Reinforces Discipline&nbsp;</h2>



Navigating the Crypto DCA strategy is like having a well-illuminated path in a dark forest—no confusion, no surprises. Your every move is pre-mapped, leaving no space for those impulsive, emotional decisions that often lead to financial mishaps.



Picture this: the DCA strategy is your financial North Star, consistently shining bright, regardless of the wild market trends. It&#8217;s like having a trustworthy guide that keeps your investment ship steady in stormy seas. With this method, you&#8217;re not just investing; you&#8217;re mastering financial discipline like a pro.



So, in the world of Crypto DCA, there&#8217;s no room for confusion, just a clear, well-defined route that&#8217;s got your back.



<h2 class="wp-block-heading">5. Builds Long-Term Wealth&nbsp;</h2>



DCA isn&#8217;t just about making a quick buck; it&#8217;s the VIP pass to the long-term wealth party. It might seem a bit like watching paint dry, but, that&#8217;s the secret sauce for building serious money.



Getting cozy with DCA isn&#8217;t just about tomorrow&#8217;s gains; it&#8217;s like having a crystal ball for your financial future, regardless of the wild rollercoaster that is the cryptocurrency market. It&#8217;s your guide to seeking out the hidden gems – the fundamentals that make a crypto rock, finding the sweet melody in the midst of all the market noise, and choosing value over the hype circus. DCA isn&#8217;t just a strategy; it&#8217;s effective way of building lasting wealth.



<h2 class="wp-block-heading">Where is the proof?</h2>



Alright, now that you&#8217;ve understand the DCA and why it&#8217;s your secret sauce in the crypto investing, you might be wondering, &#8220;Where&#8217;s the proof?&#8221;



Guess what? We&#8217;ve got your back! Meet our <a href="https://nordl.io/dca-calculator">Crypto DCA Calculator</a> — your trusty friend in decoding the mysteries of past coin performances. It&#8217;s like a time machine for your investments, showing you how the DCA strategy has worked its magic on the leading coins.



But hey, it&#8217;s not just a show-and-tell. Dive in, play around with it, and witness the DCA strategy in action. It&#8217;s not just about numbers; it&#8217;s about understanding how your crypto investing can be stronger with a dash of strategy. Let the calculator be your guide on this crypto investing!



<a href="https://nordl.io/dca-calculator">Check Here</a>.



<h2 class="wp-block-heading">How to Automate Your Crypto DCA Strategy?</h2>



The cryptocurrency market is not easy. Forget growth, survival itself is a tough ask. But, DCA helps you survive and grow your money in the longer run. It also is less stressful for you in comparison to trading or active investing where you play with numerous variables to try to make money. DCA is a solid strategy and stays alike for both experienced and new investors. However, it is difficult to keep track of the dates and keep investing in the right amount in strong cryptocurrencies. We have a solution to help you diversify and automate DCA with our norDL Crypto SIP Feature. If you want to invest in the best Cryptocurrencies on auto mode and take advantage of DCA then check out the norDL Crypto SIP feature. You can set up Weekly, 15 Days, Monthly and Quarterly SIP in Crypto Index Funds. <a href="https://youtu.be/_pOZPFZWi3c">Click here</a> to learn how to start a Crypto SIP on norDL.



Do you want to do DCA in the best Cryptocurrencies like Bitcoin($BTC) or Ethereum($ETH)? We have a solution for that also. norDL Crypto DCA feature allows you to invest regularly (Daily/Weekly/15 Days/Monthly) in your favorite cryptocurrency on auto mode with Dollar Cost Averaging (DCA) strategy.



<a href="https://youtu.be/y9oWxx3mB-M?feature=shared">Click here</a> to know more about norDL Crypto DCA feature.



Join the growing community of smart investors and utilize the power and convenience of automated Crypto investing now.



If you need any help, You can contact us on our in-app chat support.&nbsp;



HODL on&nbsp;<a href="https://nordl.io/">norDL</a>.



<a href="https://nordl.io/blog/nordl-crypto-sip-feature-is-live-automate-your-crypto-investments-today">Read More about norDL Crypto SIP</a> <a href="https://nordl.io/blog/the-crypto-dca-feature-is-live-invest-regularly-in-the-best-cryptocurrencies-on-auto-mode">Know More about norDL Crypto DCA</a> <a href="https://app.nordl.io/help/faq/nordl-start-invest-program/what-is-nor-dl-start-invest-program/0">Join &amp; Get a $15+ Joining Bonus</a>



Install norDL App Today! 



<figure class="wp-block-image aligncenter size-large"><a href="https://play.google.com/store/apps/details?id=com.nordl.app"><img decoding="async" src="https://storage.googleapis.com/nordl-prod-storage-bucket/images/otherImages/Google_Play_Store_badge_EN_White.png" alt=""/></a></figure>



Disclaimer: Crypto is a volatile and slightly risky asset due to its novel nature. Please Consult your financial advisor to allocate appropriate funds to invest in crypto assets apart from your traditional investing.



Follow us to join the smart Crypto Investor Community on norDL:



<a href="https://play.google.com/store/apps/details?id=com.nordl.app">norDL App</a> | <a href="https://nordl.io/">Website</a> |<a href="https://twitter.com/Nord_Finance?s=09"> Twitter</a> | <a href="https://www.instagram.com/nordl.io/">Instagram</a>

The Ultimate Guide to Crypto DCA (Dollar-Cost Averaging)

<figure class="wp-block-image size-large"><img decoding="async" src="https://storage.googleapis.com/nordl-prod-storage-bucket/images/blog/may_montly_performance_report.jpg" alt=""/></figure>



HODL, norDL Investors!



May brought exciting developments to the crypto market, setting the stage for potential growth and positive sentiment.



In May 2024, the crypto market experienced a strong performance, with an overall increase of +15.60%. This upward momentum underscores the market&#8217;s resilience and potential for long-term growth.



Ethereum saw a remarkable surge, rising by +29.96% during the month, while Bitcoin also performed well, increasing by +18.89%.



The approval of 8 Ethereum spot ETFs was the most significant event of the month, driving a notable increase in Ethereum’s price and contributing to the overall bullish market sentiment.



Let’s explore the detailed performance of the Crypto Index Funds over the past month.



<h2 class="wp-block-heading">Performance of Crypto Index Funds:</h2>



Our Crypto Index Funds demonstrated varying degrees of performance in May, with returns reaching up to +35.49%. Despite market fluctuations, our funds continue to provide opportunities for investors to diversify their portfolios and capitalize on market movements.



<figure class="wp-block-image size-large"><img decoding="async" src="https://storage.googleapis.com/nordl-prod-storage-bucket/images/blog/may_24_montly_performance_crypto_index.jpg" alt=""/></figure>



However, looking at the broader picture, the 5-month returns ranged from +16.88% to +60.06%, demonstrating the importance of a long-term investment horizon and the benefits of diversification.



Check out the following graph to know each fund’s performance:



<figure class="wp-block-video"><video controls src="https://storage.googleapis.com/nordl-prod-storage-bucket/images/blog/may_2024_performance.mp4"></video></figure>



Before we end the report, here are quick investment strategies to help you invest effectively:



<ol class="wp-block-list">
<li>Embrace Dollar-Cost Averaging (DCA): Consistently investing a fixed amount at regular intervals can help you navigate market volatility and achieve long-term growth. This disciplined approach reduces the impact of short-term market fluctuations.</li>



<li>Diversify Your Portfolio: Spread your investments across various cryptocurrencies and index funds to minimize risk and maximize potential returns. Diversification is key to a resilient investment strategy.</li>



<li>Stay Updated on Market Trends: Regularly monitor crypto market news and trends to make informed decisions. Understanding market movements can help you anticipate changes and adjust your strategy accordingly.</li>



<li>Secure Your Investments: Use secure wallets and enable two-factor authentication to protect your assets. Security is crucial in the volatile and often targeted crypto market.</li>



<li>Set Realistic Goals: Define clear, achievable investment goals. Whether it’s long-term growth or short-term gains, having a strategy helps you stay focused and disciplined.</li>



<li>Use Reliable Tools: Utilize investment tools and platforms like the <a href="https://play.google.com/store/apps/details?id=com.nordl.app">norDL app</a> to track your investments, analyze performance, and make data-driven decisions.</li>
</ol>



<h2 class="wp-block-heading"><strong style="color: revert; font-size: clamp(2.625rem, 2.625rem + (1vw - 0.48rem) * 8.4135, 3.25rem); background-color: var(--wp--preset--color--base); font-family: var(--wp--preset--font-family--system-font);">norDL Updates:</h2>



We are thrilled to announce the launch of the <a href="https://nordl.io/blog/introducing-crypto-basket-feature-craft-crypto-funds-for-yourself-and-others">norDL Crypto Basket </a>Feature! Users can now create, compete, and track their crypto funds, providing a more dynamic and engaging investment experience. This new feature reflects our commitment to enhancing user experience and offering innovative tools for effective crypto investment management.



Thank you for choosing <a href="https://play.google.com/store/apps/details?id=com.nordl.app">norDL</a> as your trusted partner in you crypto investment journey.



HODL strong, and let’s continue to embrace the future of crypto investments together!



<figure class="wp-block-image aligncenter size-large"><a href="https://play.google.com/store/apps/details?id=com.nordl.app"><img decoding="async" src="https://storage.googleapis.com/nordl-prod-storage-bucket/images/otherImages/Google_Play_Store_badge_EN_White.png" alt=""/></a></figure>



Disclaimer: Crypto is a volatile and slightly risky asset due to its novel nature. Please Consult your financial advisor to allocate appropriate funds to invest in crypto assets apart from your traditional investing.



Follow us to join the smart Crypto Investor Community on norDL:



<a href="https://play.google.com/store/apps/details?id=com.nordl.app">norDL App</a> | <a href="https://nordl.io/">Website</a> |<a href="https://twitter.com/Nord_Finance?s=09"> Twitter</a> | <a href="https://www.instagram.com/nordl.io/">Instagram</a>

May 2024: norDL Monthly Performance Report

<figure class="wp-block-image size-large"><img decoding="async" src="https://nordl-prod.s3.ap-south-1.amazonaws.com/blog/april_2024_montly_performance_report.jpg" alt=""/></figure>



HODL, norDL Investors!



April brought significant developments to the crypto market, including the much-anticipated Bitcoin halving event. However, the month also saw a market correction, highlighting the inherent volatility of the crypto landscape.



In April 2024, the crypto market experienced a downturn, with a notable decline of 16%. This market correction underscores the importance of a long-term investment perspective and the necessity of a diversified portfolio.



Bitcoin, faced a correction of 13% during the month. Despite the positivity surrounding the halving event, the month concluded with a bitcoin price correction. 



This correction can be attributed to profit-taking by short-term investors who had anticipated the price surge ahead of the event, leading to a temporary downturn in prices.



Let’s check out the detailed performance of the Crypto Index Funds over the last month.



<h2 class="wp-block-heading">Performance of Crypto Index Funds:</h2>



Our Crypto Index Funds saw varying returns in April, reflecting the market&#8217;s volatility. 



Monthly returns ranged from -11.44% to -36.15%. A major downfall in crypto index funds occurred during the last week of April as the crypto market corrected sharply.



Check out the following graph to know each fund’s performance in April.



<figure class="wp-block-image size-large"><img decoding="async" src="https://nordl-prod.s3.ap-south-1.amazonaws.com/blog/april24_montly_performance_index_fund.jpg" alt=""/></figure>



However, looking at the broader picture, the 4-month returns ranged from -7.14% to +42.84%, demonstrating the importance of a long-term investment horizon and the benefits of diversification.



Check out the following graph to know each fund’s performance:



<figure class="wp-block-video"><video controls src="https://nordl-prod.s3.ap-south-1.amazonaws.com/blog/jan_april_2024_performance_crypto_index_fund.mp4"></video></figure>



The <a href="https://nordl.io/Bitcoin-Halving">Bitcoin halving</a> was the most significant event of the month, impacting market dynamics and contributing to the market correction. Despite the short-term downturn, the halving is generally viewed as a positive development for Bitcoin’s long-term value.



norDL Investors continued to embrace the <a href="https://nordl.io/dca-calculator">Dollar-Cost Averaging (DCA)</a> method as a right strategy to navigate market volatility and maintain consistency in their investment approach.



Moreover, incorporating Crypto Index Funds into their investment strategy last month further enhanced portfolio diversification and reduced risk



<h2 class="wp-block-heading"><strong style="color: revert; font-size: clamp(2.625rem, 2.625rem + (1vw - 0.48rem) * 8.4135, 3.25rem); background-color: var(--wp--preset--color--base); font-family: var(--wp--preset--font-family--system-font);">norDL Updates:</h2>



We are pleased to announce new improvement to the norDL app!



Quick login options, including FaceID, Fingerprint ID, and PIN login, have been added to provide you with a faster and more secure login experience. This update reflects our commitment to improving user experience and ensuring the security of your investments.



As we move into May, we&#8217;ll be launching the Crypto Basket feature, designed to help you create, share and invest in your own crypto fund. This new tool will provide a streamlined way to diversify your investments and collaborate with others in the crypto community. Get ready to take your crypto investing to the next level!



Thank you for choosing <a href="https://play.google.com/store/apps/details?id=com.nordl.app">norDL</a> as your trusted partner in you crypto investment journey.



<figure class="wp-block-image aligncenter size-large"><a href="https://play.google.com/store/apps/details?id=com.nordl.app"><img decoding="async" src="https://nordl-prod.s3.ap-south-1.amazonaws.com/otherImages/Google_Play_Store_badge_EN_White.png" alt=""/></a></figure>



Disclaimer: Crypto is a volatile and slightly risky asset due to its novel nature. Please Consult your financial advisor to allocate appropriate funds to invest in crypto assets apart from your traditional investing.



Follow us to join the smart Crypto Investor Community on norDL:



<a href="https://play.google.com/store/apps/details?id=com.nordl.app">norDL App</a> | <a href="https://nordl.io/">Website</a> |<a href="https://twitter.com/Nord_Finance?s=09"> Twitter</a> | <a href="https://www.instagram.com/nordl.io/">Instagram</a>

April 2024: norDL Monthly Performance Report

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We’re thrilled to announce the launch of a groundbreaking feature on norDL App: Crypto Basket. 



Crypto Basket now allows you to create, share, track, and invest in personalized crypto funds tailored to your unique investment goals and preferences.



<h2 class="wp-block-heading">The origin of Crypto Basket</h2>



Driven by the feedback and desires of our dedicated user base, Crypto Basket was born from the aspiration to provide a platform where users can take control of their crypto investments in a simple yet powerful way.



norDL users expressed a desire to craft their own crypto funds, experiment with investment strategies, and learn from each other’s experiences. Crypto Basket is our response to that call.



<h2 class="wp-block-heading">A powerful tool for smart crypto investors</h2>



Crypto Basket isn’t just about creating personalized Fund—it’s about learning and growing as an investor. 



Let&#8217;s dive into the exciting features and benefits of Crypto Basket:



<h3 class="wp-block-heading">Create Crypto Fund:</h3>



Craft your&nbsp;own&nbsp;personalized crypto fund, or &#8220;basket,&#8221; by selecting from a wide range of cryptocurrencies available on the norDL platform. Allocate percentages to each cryptocurrency to reflect your investment strategy and risk tolerance.



<h3 class="wp-block-heading">Track Performance:</h3>



Track the performance of your Crypto Basket over time and make informed decisions to optimize your investment strategy. Explore the Leaderboard to see how your basket stacks up against others and gain valuable insights into top-performing portfolios.



<h3 class="wp-block-heading">Share Your Investment Strategy:</h3>



Share your Crypto Basket with friends, followers, and fellow crypto enthusiasts using the app&#8217;s built-in sharing functionality. Showcase your investment strategy and invite others to explore the exciting world of crypto investing with you.



<h3 class="wp-block-heading">Watchlist Crypto Baskets:</h3>



Keep an eye on other users&#8217; public crypto baskets by adding them to your watchlist. Monitor their performance, learn from their composition and strategy, and potentially invest in them at a later time. The watchlist feature provides valuable insights and opportunities for collaboration within the crypto community.



<h3 class="wp-block-heading">Crypto Basket Leaderboard: A Hub of Inspiration</h3>



Central to the Crypto Basket feature is the Leaderboard—a dynamic leaderboard that tracks the performance of all published crypto baskets. Users can explore rankings of Crypto Baskets based on various timeframes, from daily to quarterly, and discover top-performing crypto portfolios.



It’s not just about competition; it’s about inspiration and education. Seeing what strategies are working for others can spark new ideas and insights for your own investment journey.



Whether you’re a seasoned investor or just starting out, Crypto Basket provides a safe and intuitive space to explore the intricacies of the market.



<h2 class="wp-block-heading">What&#8217;s Next?</h2>



While Crypto Basket is launching in beta, this is just the beginning. Shortly, users can look forward to the ability to invest in their own crypto baskets, as well as earn when others invest in theirs. 



We’re committed to continually evolving and enhancing the Crypto Basket experience based on user feedback and needs.



<h2 class="wp-block-heading">Get Started Today!</h2>



At its core, Crypto Basket embodies our app’s mission to provide safe, simple, and effective crypto investment options for smart crypto investors.



Whether you’re looking to build your own crypto portfolio, learn from others, or simply explore the possibilities, We invite you to try the Crypto Basket.



<hr class="wp-block-separator has-alpha-channel-opacity"/>



<a href="https://app.nordl.io/help/faq/crypto-basket-help" style="color: #172683;">Click here for Crypto Basket Guide</a>



Click on the following button to Download the norDL App and Start creating your Crypto Basket!



<figure class="wp-block-image aligncenter size-large"><a href="https://play.google.com/store/apps/details?id=com.nordl.app"><img decoding="async" src="https://nordl-prod.s3.ap-south-1.amazonaws.com/otherImages/Google_Play_Store_badge_EN_White.png" alt=""/></a></figure>



Disclaimer: Crypto is a volatile and slightly risky asset due to its novel nature. Please Consult your financial advisor to allocate appropriate funds to invest in crypto assets apart from your traditional investing.



Follow us to join the smart Crypto Investor Community on norDL:



<a href="https://play.google.com/store/apps/details?id=com.nordl.app">norDL App</a> | <a href="https://nordl.io/">Website</a> |<a href="https://twitter.com/Nord_Finance?s=09"> Twitter</a> | <a href="https://www.instagram.com/nordl.io/">Instagram</a>

Introducing Crypto Basket Feature: Craft Crypto Funds for Yourself and Others

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HODL, norDL Investors!



In March, the crypto market experienced a surge of positive momentum due to several promising factors.



One of the major reasons for this optimism was the upcoming <a href="https://nordl.io/Bitcoin-Halving">Bitcoin halving</a> event scheduled for April, which investors are eagerly anticipating. 



As the halving date approaches, investors have become increasingly bullish, expecting it to result in a supply shock that has historically led to significant price appreciation. 



This anticipation has fueled confidence and excitement among market participants, contributing to the overall positive sentiment in the crypto space during the month.



Moreover, throughout the month, we observed a series of positive developments across the cryptocurrency landscape. Institutional adoption continued to gain traction, with notable companies and financial institutions making strategic investments in Bitcoin and other digital assets. 



Additionally, regulatory clarity in several jurisdictions provided further reassurance to market participants, fostering a conducive environment for innovation and investment.



Against this backdrop, market sentiments remained predominantly bullish, with optimism prevailing among both retail and institutional investors.



In March 2024, the crypto market experienced a solid performance, with a significant increase of +15.57%. Bitcoin, saw a commendable performance, rising by +14.10% during the month.



This positive momentum reflects the market&#8217;s resilience and potential for long-term growth. 



Let’s check out the detailed performance of the Crypto Index Funds over the last month.



<h2 class="wp-block-heading">Performance of Crypto Index Funds:</h2>



Our Crypto Index Funds demonstrated varying degrees of performance in March, with returns reaching up to +17.31%.



Despite market fluctuations, our funds continue to provide opportunities for investors to diversify their portfolios and capitalize on market movements.



Check out the following graph to know each fund’s performance in March.



<figure class="wp-block-image size-large"><img decoding="async" src="https://nordl-prod.s3.ap-south-1.amazonaws.com/blog/March_2024_Monthly_Performance_Crypto_Index_Funds.jpg" alt=""/></figure>



However, If we look at the overall performance for 2024, Crypto Index Funds have given positive returns of up to +63.20% in the last 3 months.



Check out the following graph to know each fund’s performance:



<figure class="wp-block-video"><video controls src="https://nordl-prod.s3.ap-south-1.amazonaws.com/blog/MARCH_2024_Performance.mp4"></video></figure>



Investors on norDL continued to embrace the Dollar-Cost Averaging (DCA) method as an effective strategy to navigate market volatility and maintain consistency in their investment approach.



<h2 class="wp-block-heading"><strong style="color: revert; font-size: clamp(2.625rem, 2.625rem + (1vw - 0.48rem) * 8.4135, 3.25rem); background-color: var(--wp--preset--color--base); font-family: var(--wp--preset--font-family--system-font);">norDL Updates:</h2>



We&#8217;re happy to share that the <a href="https://play.google.com/store/apps/details?id=com.nordl.app">norDL app</a> is growing fast, and users are loving it too! We&#8217;re continually improving the app based on user feedback to make it even better.



Thank you for choosing norDL as your trusted partner in the world of crypto investments. We are dedicated to empowering you with the knowledge and tools you need to succeed.



HODL strong, and let&#8217;s embrace the future of crypto investments together!



Disclaimer: Crypto is a volatile and slightly risky asset due to its novel nature. Please Consult your financial advisor to allocate appropriate funds to invest in crypto assets apart from your traditional investing.



Follow us to join the smart Crypto Investor Community on norDL:



<a href="https://play.google.com/store/apps/details?id=com.nordl.app">norDL App</a> | <a href="https://nordl.io/">Website</a> |<a href="https://twitter.com/Nord_Finance?s=09"> Twitter</a> | <a href="https://www.instagram.com/nordl.io/">Instagram</a>

March 2024: norDL Monthly Performance Report

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Web3, often referred to as the decentralized web, is the next evolution of the internet. It&#8217;s a vision for a more open, transparent, and secure internet that empowers users to take control of their data and digital assets. At its core, Web3 is built on blockchain technology, which enables peer-to-peer transactions and eliminates the need for intermediaries.



As Web3 gains traction and becomes more popular, it&#8217;s important to stay in the loop and understand the terminology and slang used in the space. This will not only help you navigate the Web3 ecosystem more effectively but also set the foundation for deeper learning and exploration.



In this article, we&#8217;ll be diving into the world of Web3, exploring its key concepts, and decoding some of the most commonly used terms. Whether you&#8217;re new to the space or looking to deepen your understanding, this guide is designed to provide you with a solid foundation in Web3 technology. We&#8217;ll cover everything from blockchain basics to decentralized finance (DeFi), non-fungible tokens (NFTs), and more. So, let&#8217;s dive in!



Here are 28 common web3 terms and their meanings:



<h2 class="wp-block-heading">1. Wallet</h2>



A digital wallet is a software program that stores private and public keys and interacts with various blockchain networks to enable users to send, receive, and manage their cryptocurrencies.



<h2 class="wp-block-heading">2. DeFi (Decentralized Finance)</h2>



DeFi refers to a set of financial services and applications built on blockchain technology that aims to disrupt traditional financial intermediaries and enable peer-to-peer transactions without the need for centralized authorities.



<h2 class="wp-block-heading">3. NFT (Non-Fungible Token)</h2>



An NFT is a unique digital asset that represents ownership or proof of authenticity of a specific item or piece of content, such as artwork, music, or collectibles, on a blockchain network.



<h2 class="wp-block-heading">4. DAO (Decentralized Autonomous Organization)</h2>



A DAO is an organization that operates autonomously without centralized control or management. It is governed by smart contracts and the consensus of its members, allowing for decentralized decision-making and governance.



<h2 class="wp-block-heading">5. DID (Decentralized Identity)</h2>



A DID is a unique identifier that is cryptographically verifiable and controlled by the individual. It enables users to have full control over their digital identity and personal data, enhancing privacy and security.



<h2 class="wp-block-heading">6. PoW (Proof of Work)</h2>



PoW is a consensus mechanism used in blockchain networks, such as Bitcoin, to validate and secure transactions. It involves miners solving complex mathematical puzzles to add new blocks to the blockchain.



<h2 class="wp-block-heading">7. PoS (Proof of Stake)</h2>



PoS is an alternative consensus mechanism to PoW, where validators are chosen to create new blocks based on the number of coins they hold and are willing to &#8220;stake&#8221; as collateral. It aims to reduce energy consumption and increase scalability compared to PoW.



<h2 class="wp-block-heading">8. Smart Contract</h2>



A smart contract is a self-executing contract with the terms of the agreement directly written into code. It automatically executes and enforces the terms of the contract when predefined conditions are met, without the need for intermediaries.



<h2 class="wp-block-heading">9. Bridge</h2>



A bridge in Web3 refers to a decentralized connection or interoperability protocol that facilitates seamless and secure asset transfers and communication between different blockchain networks. It acts as a link, enabling the movement of assets, data, or functionality across diverse blockchain ecosystems.



<h2 class="wp-block-heading">10. GWEI</h2>



A unit of measurement in the Ethereum network representing one billion Wei. Named after Wei Dai, a cryptographer, it is used to quantify gas fees and transaction costs on the Ethereum blockchain.



<h2 class="wp-block-heading">11. Gas Price</h2>



Gas price in the crypto world refers to the fee required to perform operations or execute transactions on a blockchain network. It&#8217;s a crucial component of decentralized systems, preventing abuse by assigning a cost to various actions.



<h2 class="wp-block-heading">12. Layer 1 Blockchain</h2>



Layer 1 is the foundation of a blockchain network, like Bitcoin or Ethereum. It&#8217;s the primary layer where transactions are processed and recorded. Layer 2 solutions and sidechains can be built on top of this base, allowing for additional functionalities and scalability.



<h2 class="wp-block-heading">13. Layer 2 Blockchain</h2>



Layer 2 Blockchain refers to a secondary blockchain that operates on top of a primary blockchain, enhancing scalability and functionality. It includes sidechains, state channels, and other protocols that enable faster transactions and additional features like smart contracts and DApps.



<h2 class="wp-block-heading">14. Swap</h2>



Swapping in the crypto world involves exchanging one cryptocurrency for another. It allows users to trade their existing digital assets for different ones, often without the need for a centralized intermediary. This process is facilitated by smart contracts on blockchain networks, called automated market maker (AMM)



<h2 class="wp-block-heading">15. Satoshi</h2>



The smallest unit of Bitcoin, named after its mysterious creator, Satoshi Nakamoto. One Bitcoin is divisible into 100 million Satoshis, providing precision in cryptocurrency transactions.



<h2 class="wp-block-heading">16. Bitcoin Ordinals</h2>



Bitcoin ordinals refer to a novel category of NFTs (Non-Fungible Tokens) that can be embedded onto the Bitcoin blockchain. These unique tokens provide a distinctive method for representing and transferring ownership of digital or physical assets, enhancing the utility and interoperability of the Bitcoin network.



<h2 class="wp-block-heading">17. Bitcoin Mining</h2>



The process by which new transactions are added to the blockchain. Miners use powerful computers to solve complex mathematical problems, validating and securing the network in return for newly minted bitcoins.



<h2 class="wp-block-heading">18. Bitcoin Hashrate</h2>



The computational power and efficiency of miners within the Bitcoin network, ensuring transaction security and network robustness. It quantifies the number of hash operations a miner can perform per second, contributing to the security and decentralization of the Bitcoin blockchain.



<h2 class="wp-block-heading">19. Bitcoin Halving</h2>



Bitcoin Halving is a scheduled event in Bitcoin&#8217;s protocol occurring every four years, which reduces miners&#8217; rewards by half. This process controls new bitcoin creation, aiming to cap the total supply at 21 million bitcoins.



<h2 class="wp-block-heading">20. BRC 20</h2>



BRC-20 is a token standard on the Bitcoin blockchain, enabling the creation and transfer of fungible tokens via the Ordinals protocol. It allows users to mint, transfer, and manage tokens, similar to Ethereum&#8217;s ERC-20 standard. BRC-20 tokens utilize Ordinals inscriptions of JSON data, enabling various functionalities such as deploying contracts and minting tokens.



<h2 class="wp-block-heading">21. Altcoin</h2>



An abbreviation for &#8220;alternative coin,&#8221; altcoin refers to any cryptocurrency other than Bitcoin. These coins aim to offer unique features or improvements compared to Bitcoin, contributing to the diverse ecosystem of digital currencies.



<h2 class="wp-block-heading">22. Zero-Knowledge Proof (ZK Proof)</h2>



A cryptographic method that allows one party to prove to another party that a statement is true without revealing any information about the statement itself. In simpler terms, it demonstrates knowledge of a fact without disclosing the specifics, ensuring privacy and security in transactions.



<h2 class="wp-block-heading">23. HODL</h2>



A term in crypto slang meaning to &#8220;Hold On for Dear Life.&#8221; It describes the act of holding and keeping cryptocurrency investments rather than selling, typically for the long term. It emphasizes riding out market fluctuations and allowing the cryptocurrency to grow over time.



<h2 class="wp-block-heading">24. DCA (Dollar-Cost Averaging)</h2>



DCA is an investment strategy where an investor divides the total amount to be invested across periodic purchases of a target asset to reduce the impact of volatility on the overall purchase price.



<h2 class="wp-block-heading">25. FOMO (Fear of Missing Out)</h2>



FOMO is a psychological phenomenon where individuals experience anxiety or fear of missing out on potential gains or opportunities, leading them to make impulsive investment decisions.



<h2 class="wp-block-heading">26. FUD (Fear, Uncertainty, and Doubt)</h2>



FUD refers to the spread of negative or misleading information about a particular asset or market to create fear, uncertainty, and doubt among investors.



<h2 class="wp-block-heading">27. Stablecoins</h2>



Stablecoins are cryptocurrencies that are pegged to a stable asset, such as fiat currency or a commodity, to minimize price volatility. They are often used as a medium of exchange or store of value in the crypto ecosystem.



<h2 class="wp-block-heading">28. Bitcoin ETF (Exchange-Traded Fund)</h2>



A Bitcoin Exchange-Traded Fund (ETF) is a financial investment product designed to mirror the performance of Bitcoin, the world&#8217;s leading cryptocurrency. It operates on traditional stock exchanges, allowing investors to buy and sell shares representing ownership in Bitcoin without the need to directly purchase and securely store the cryptocurrency.



As the Web3 ecosystem continues to evolve, we encourage you to stay curious, keep learning, and explore the many exciting opportunities it has to offer. Whether you&#8217;re a developer, investor, or simply curious about the future of the internet, there&#8217;s never been a better time to get involved in Web3!



Follow us to join the smart Crypto Investor Community on norDL:



<a href="https://play.google.com/store/apps/details?id=com.nordl.app">norDL App</a> | <a href="https://nordl.io/">Website</a> |<a href="https://twitter.com/Nord_Finance?s=09"> Twitter</a> | <a href="https://www.instagram.com/nordl.io/">Instagram</a>

Web3 Simplified: A Beginner’s Guide to Understanding Key Concepts and Terms

<figure class="wp-block-image size-large is-resized"><img decoding="async" src="https://nordl-prod.s3.ap-south-1.amazonaws.com/blog/Feb2024MonthlyPerformanceReport.jpg" alt="" style="width:650px;height:auto"/></figure>



HODL, norDL Investors!



February was a month of significant growth for the crypto market, marked by remarkable positive movements across various digital assets.



The performance of Bitcoin, a bellwether for the market, surged impressively by 42% during February 2024. This surge contributed to the overall market performance, which saw an impressive increase of +39.69%.



In contrast to the market correction witnessed in January, February presented a strong bullish sentiment, reflecting the dynamic nature of the crypto landscape.



Let’s check out the detailed performance of the Crypto Index Funds over the last month.



<h2 class="wp-block-heading">Performance of Crypto Index Funds:</h2>



Our Crypto Index Funds experienced robust growth during February, with returns reaching up to +53.59%. 



This remarkable performance underscores the effectiveness of our diversified investment strategies in capturing market opportunities and delivering value to our investors.



Check out the following graph to know each fund’s performance in February.



<figure class="wp-block-image size-large"><img decoding="async" src="https://nordl-prod.s3.ap-south-1.amazonaws.com/blog/Feb_2024_Monthly_Performance_Of_Crypto_Index_Funds.jpg" alt=""/></figure>



However, If we look at the overall performance for 2024, Crypto Index Funds have given positive returns of up to +48.45% in the last 2 months.



Check out the following graph to know each fund’s performance:



<figure class="wp-block-video"><video controls src="https://nordl-prod.s3.ap-south-1.amazonaws.com/blog/FEB+2024+Performance+of+Crypto+Index.mp4"></video></figure>



February witnessed a month of steady progress in the crypto market, as it prepares for the next <a href="https://nordl.io/Bitcoin-Halving">Bitcoin halving</a>. The market displayed impressive resilience, showcasing its capacity for sustained growth over time.



As investors saw positive results in February, it highlights the need for right investment plans. Using Dollar-Cost Averaging (DCA) is a smart way to handle ups and downs, especially with the upcoming Bitcoin halving on the horizon. It means investing fixed amounts at regular intervals, helping to smooth out short-term bumps and set up for long-term gains. 



Plus, investors can boost their portfolios by adding crypto index funds for safer and more effective investments.



<h2 class="wp-block-heading"><strong style="color: revert; font-size: clamp(2.625rem, 2.625rem + (1vw - 0.48rem) * 8.4135, 3.25rem); background-color: var(--wp--preset--color--base); font-family: var(--wp--preset--font-family--system-font);">norDL Updates:</h2>



We are excited to announce important updates to the <a href="https://play.google.com/store/apps/details?id=com.nordl.app">norDL app</a>! Now, users can deposit <a href="https://nordl.io/blog/update-usdt-deposit-is-now-live-for-tron-on-nordl">USDT on the Tron network</a>, expanding the range of options for managing their portfolios. 



Additionally, we have implemented new UI updates on the app to improve user experience.



Thank you for choosing <a href="https://nordl.io/">norDL</a> as your trusted partner for your crypto investments.



HODL strong, and let&#8217;s embrace the future of crypto investments together!



Disclaimer: Crypto is a volatile and slightly risky asset due to its novel nature. Please Consult your financial advisor to allocate appropriate funds to invest in crypto assets apart from your traditional investing.



Follow us to join the smart Crypto Investor Community on norDL:



<a href="https://play.google.com/store/apps/details?id=com.nordl.app">norDL App</a> | <a href="https://nordl.io/">Website</a> |<a href="https://twitter.com/Nord_Finance?s=09"> Twitter</a> | <a href="https://www.instagram.com/nordl.io/">Instagram</a>

norDL Blog

Stay updated with latest happenings at norDL and the crypto world