Edition #156

Premium Portfolio Update

Investors,

In this premium report, we’ll be diving into my personal portfolio, my holdings, and allocations. In Q4 2021, I announced that I was officially going to reduce my equity positions and rotate my entire portfolio into crypto. At the time, I thought crypto was offering the best risk/reward in the market, and I wanted more exposure outside of my Bitcoin and Ethereum positions. Because I had no intention of selling my Bitcoin, which was (and is) the largest position in my portfolio, I needed other investments to produce gains. Therefore the reduction of my equity portfolio has given me ample cash in order to dollar-cost average into these other crypto investments.

Considering that the entire market capitalization of crypto fell from $3Tn to $1.5Tn from November 2021 through January 2022, this has provided an excellent opportunity for me to build-out my positions. Because I didn’t know how deep this correction would be, I stayed patient in December, January and February to start buying again after my initial purchases in November 2021. Regrettably, my initial purchases were right at the 2021 peak so I’ve had to sit through considerable drawdowns from those early purchases. Nonetheless, I’m remaining extremely calm in this market volatility.

How have I remained so calm? Let’s look at the total market capitalization of all cryptocurrencies since 2014, specifically in logarithmic scale instead of linear: