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February 2024: norDL Monthly Performance Report

norDL Monthly Performance Report

🗓️ 08-Mar-2024

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.

Performance of Crypto Index Funds:

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.

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:

February witnessed a month of steady progress in the crypto market, as it prepares for the next Bitcoin halving. 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.

norDL Updates:

We are excited to announce important updates to the norDL app! Now, users can deposit USDT on the Tron network, 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 norDL as your trusted partner for your crypto investments.

HODL strong, and let’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.

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