Cloudflare is crushing it right now, PTC Inc has almost recovered to a break-even position, our Vanguard S&P 500 tracker continues to perform well, and Bitcoin is fighting to achieve a new high. 
Portfolio Update
Cloudflare is still continuing to be our best ever pick. The post-pandemic world looks to be favouring tech stocks without a doubt and we’ve got one of the best performers in the market showing more than 27% increase in a little more than two months.Check out the chart below to see the recent history. 
The Vanguard S&P 500 tracker fund is showing a similar record, only not as extreme with close to 7% profit. Everything we discussed in previous blogs still holds as the USA continues to show the world economies how it’s done. 
PTC Inc we decided to sell. After slowly recouping all of the initial loss there didn’t seem to be any obvious upside in hanging onto this stock. The loss was only 2.50%, barely making a dent in our bankroll.
Cryptocurrency Outlook
Our Bitcoin holding has not only pulled back what was a spectacular loss, but is now pushing towards a new record price. Many thought that the $50,000 barrier would not be crossed for many more months after dropping like a stone earlier in the year.With analysts predicting more of the same throughout the rest of 2021 we decided to expand our crypto portfolio and get on the Ethereum bandwagon, too.
What really convinced us to choose an alt-coin over flutter Entertainment, which we were considering, a couple of weeks ago, is new analysis delving into the differences between the world’s two leading cryptocurrencies.
Bitcoin functions as a pure currency, that much is clear, but Ethereum is now being described as a financial market on its own. This is a significant distinction.
British bank Standard Chartered recently published reports on cryptocurrencies, and it was clear they saw a brighter future for Ethereum than the better established Bitcoin. They did, however, make it clear that although the potential returns might be greater, this does come with a corresponding higher risk.
A lot depends on the completion of the Ethereum 2.0 network as a proof-of-stake model. Functionality and scalability promises much if they are successful.
Next week we will be reviewing the possibility of taking on the minimum stock in Flutter Entertainment. There is currently $49.38 uninvested in our bankroll still looking for a home.
