HODL, norDL Investors!
What a roller coaster month that was for the crypto market!
norDL is completing the second month with a slightly positive result across the board. 90% of Investors on norDL have kept building their portfolio with different funds of their choice.
We observed a continued uptrend in the crypto market during the early part of the month. However, the market gave up some of those gains by the end of the month. If you check the charts, you can see the volatile nature of the crypto market, which sometimes appears to be a one-way journey upwards, but the pullbacks can be equally large. The volatility of the crypto market can only be managed by holding the right assets for the long term and slowly and steadily building a portfolio without succumbing to the FOMO and FUD sentiments of other investors around you.
Let’s explore more about the Crypto Index Funds and the Crypto Market performance over the last month.
In February, the crypto market posted a gain of 3.70%. In the same period, Our Crypto Index Funds gained up to 9.89% in February and up to 70.20% from the launch of funds.
Check out the following graph to understand each fund’s performance in February month.
If you would have simply invested $20 every week since the last week of December using the norDL SIP feature, then your portfolio would have been up by up to 39.49 % compared to the 31% performance of the Crypto Market.
Investors on our platform are slowly understanding the power of safe, simple, and effective investing. We are confident that if the market continues the uptrend then our Crypto Index Funds would perform in line with the market.
As always, it is important to keep a long-term view of your Crypto Investment portfolio to ensure it aligns with your investment objectives and risk tolerance.
We have received much thoughtful feedback from current investors on our platform and have improved many investment experiences over the last month.
We introduced the following improvements and new features on norDL:
- norDL Crypto SIP Feature:
Investors can auto-invest in their favourite Crypto Index Funds.
- norDL Mobile Experience:
norDL can be used on any device seamlessly by just visiting app.nordl.io on your device browser.
- norDL Fiat Deposit Option for the Indian User:
Now, Indian users can easily deposit INR as USDT for investment on norDL.
Keep HODLing on norDL, and Keep Giving us your valuable feedback to help us make norDL a better platform for Crypto Investing.
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.