My Portfolio Update (Patreon)

Summary

In this video, the creator offers a transparent look into his cryptocurrency portfolio, valued at $287,000, detailing his diversification strategy amidst a downtrend in the altcoin market. He discusses his holdings, including significant investments in CIVIC and AX, and his approach to managing risk by spreading investments across various projects. The creator also shares his experience of living off crypto, the importance of having a cash reserve, and his anticipation for the market's recovery. He candidly discusses his losses from pre-sales and private investments, emphasizing the importance of a balanced portfolio and a long-term perspective.

Takeaways

• 📉 The speaker's portfolio has experienced a significant downturn along with the altcoin market, which has dropped 48% since March.
• 💼 The speaker emphasizes the importance of portfolio diversification to mitigate risks, especially in a down market.
• 🤔 The speaker admits to being heavily invested in one particular coin (cify) and has taken steps to reduce this exposure.
• 💰 The speaker's main portfolio is currently valued at around $287,000, down from a higher amount previously.
• 🚀 The speaker is focusing on a strategy to grow the portfolio by reallocating funds and adding to it over time.
• 🌐 The speaker has a significant portion of their portfolio in various cryptocurrencies, not just the top 125 coins.
• 📉 The speaker discusses the performance of different cryptocurrencies against Ethereum and Bitcoin, noting that some have performed better than others.
• 💸 The speaker has a cash reserve that makes up around 18-20% of their total portfolio, which they see as a buffer against market volatility.
• 📉 The speaker acknowledges making some poor timing decisions with certain low-cap investments, but remains optimistic about their potential.
• 🌱 The speaker is actively looking to reshuffle their portfolio, taking profits from some investments to reinvest in others with better prospects.

Q & A

What is the main focus of the video?

The main focus of the video is to provide a portfolio update, including not only the content of the portfolio but also the strategy behind diversification to mitigate risks.

How has the altcoin market been performing since March according to the speaker?

The altcoin market has been in a heavy downtrend since March, with everything outside of the top 10, including the top 125, being down by 48%.

What is the current value of the speaker's main portfolio?

The speaker's main portfolio is currently valued at around $287,000.

What is the speaker's strategy for managing their crypto investments?

The speaker's strategy involves having money in different places, slowly adding to the main portfolio, and not being overexposed to a single coin to reduce risk.

How many coins in the speaker's portfolio are in the top 125?

The speaker has around 10 coins in their portfolio that are in the top 125.

What is the speaker's stance on CIVIC (CIFY)?

The speaker is very bullish on CIFY, having significantly reduced their holdings to avoid overexposure but still maintaining a large position and believing in the project.

What is the speaker's opinion on Axie Infinity (AXS)?

The speaker views AXS as a very good second place in their portfolio, indicating a positive outlook on the project.

How does the speaker feel about their current portfolio diversification?

The speaker feels that their portfolio is well-diversified, with a significant portion in crypto and a cash reserve for potential market downturns.

What is the speaker's approach to managing their pre-sales and ICO investments?

The speaker is actively managing their pre-sales and ICO investments, aiming to sell when in profit and reinvest in more stable coins to avoid being affected by heavy vesting schedules of new projects.

What is the speaker's overall sentiment towards the current state of the crypto market?

The speaker is optimistic about the crypto market despite the current downturn, expressing belief and commitment to the space.

What is the speaker's target return on investment for the end of the bull market?

The speaker aims for at least a 4X return on their investments by the end of the bull market.

Outlines

00:00

📈 Portfolio Update and Diversification

The speaker discusses a portfolio update, emphasizing the importance of diversification. They mention having a main portfolio displayed on screen with a value of around $287,000, which has decreased from its previous value. The speaker highlights the risks of having all money invested in one place, referencing the altcoin market's downturn since March, with a 48% decrease in value for coins outside the top 125. They also share their strategy of having money in different places, including a cash portfolio, and mention specific coins in their portfolio like CIFY, AVAX, and ETH. The speaker also talks about being overexposed to CIFY and taking steps to mitigate this risk.

05:00

📉 Market Analysis and Strategy

The speaker provides an analysis of the current market situation, noting that altcoins are performing well against Ethereum. They discuss their strategy of not converting their Ethereum into other altcoins at the moment, preferring to wait for a potential market downturn. The speaker also mentions their holdings in various cryptocurrencies, including Render, Beam, Immutable, Ronin, and Super. They discuss their approach to buying more of a coin when the price drops and selling when it increases, using Paid as an example. The speaker also talks about having a cash portfolio to provide a buffer in case the market goes down further.

10:02

💸 Job Transition and Portfolio Impact

The speaker reflects on their decision to quit their job to focus on cryptocurrency, acknowledging that it was financially risky because they now have to withdraw money from their investments to cover living expenses. They discuss how this has impacted their portfolio, as they would have had a higher value if they weren't selling their crypto assets. The speaker also mentions specific low-cap investments they have made, like Wilder World, and their approach to buying more as the price drops, with a cautionary note about not wanting to 'catch a falling knife'.

15:02

🚀 Upcoming Projects and Investment Strategy

The speaker talks about their investments in various upcoming projects, including IDOs, ICOs, and private sales, which they consider as a form of passive income. They mention that many of these investments are currently at a significant loss but express optimism that some of the projects that haven't launched yet could perform well. The speaker also discusses their strategy of selling tokens from these projects to reinvest in more established cryptocurrencies during a bull market, citing the high vesting schedules and potential for dumping by early investors as reasons for this approach.

20:05

🌐 Personal Finances and Market Belief

The speaker shares personal details about their financial situation, including the need to support their family and the challenges they face without a steady income. They express a strong belief in the potential of the cryptocurrency market and their commitment to investing in it despite the current bear market. The speaker also talks about their content creation, mentioning plans to share more personal and transparent updates about their investment journey.

Keywords

💡Portfolio

A portfolio in the context of the video refers to a collection of different investments, such as stocks, cryptocurrencies, or other assets. The speaker discusses their cryptocurrency portfolio, emphasizing its current value and the strategy behind diversifying it. The portfolio is central to the video's theme as it represents the speaker's financial strategy and investment choices.

💡Diversification

Diversification is the process of spreading investments across various financial instruments, industries, or other categories to reduce risk. The speaker mentions diversification to explain their strategy of not having all their money in one place, which is crucial for managing risk in a volatile market like cryptocurrencies. The concept is exemplified by the speaker's mention of having investments outside of their primary portfolio.

💡Altcoin

An altcoin is a cryptocurrency other than Bitcoin. The script discusses the altcoin market's performance, which is significant as it represents the speaker's area of investment focus. The speaker notes the altcoin market's downturn, illustrating the importance of diversification to mitigate potential losses from such market movements.

💡Downtrend

A downtrend refers to a period of time in a financial market where prices are falling. The speaker discusses the altcoin market being in a 'heavy downtrend' since March, indicating a bearish market condition. This term is crucial for understanding the challenges the speaker faces with their investments and the rationale behind their investment decisions.

💡Transparency

Transparency in the video refers to the speaker's commitment to openly sharing their financial situation and investment strategies with their audience. The speaker emphasizes being transparent about their portfolio's value and the steps they are taking to manage it, which is a key theme of the video as it builds trust with the audience and provides educational content.

💡Crypto

Short for cryptocurrency, 'crypto' is used throughout the script to refer to digital or virtual currencies that use cryptography for security. The speaker's portfolio primarily consists of various cryptocurrencies, making 'crypto' a central concept in the video. The speaker's strategy and updates revolve around movements and investments in the crypto market.

💡Overexposed

Being 'overexposed' in the financial context means having invested too much in a single asset or sector, increasing the risk of loss. The speaker mentions being overexposed to a particular cryptocurrency (cify) and their decision to sell half to reduce this risk. This term is important for understanding the speaker's approach to managing their portfolio and the risks associated with concentration in one asset.

💡Pre-sales

Pre-sales in the context of the video refer to investments made in a project before it is publicly available, often at a discounted rate. The speaker discusses their pre-sale investments, which have seen significant losses. This term is relevant as it highlights another aspect of the speaker's investment strategy and the potential risks associated with early-stage investments.

💡Market Conditions

Market conditions refer to the current state of a market, including factors like trends, volatility, and investor sentiment. The speaker discusses how market conditions affect their investment decisions, such as when to sell or hold certain assets. Understanding market conditions is essential for the speaker's strategy and is a recurring theme in the video as they adjust their portfolio in response to market changes.

💡Vesting

Vesting refers to the process by which investors in a company, project, or asset receive their shares or tokens over a period of time. The speaker mentions vesting in relation to their investments in various projects, which is a key aspect of their strategy for generating passive income. The concept of vesting is important for understanding the timing and potential value of the speaker's investments.

💡Exit Strategy

An exit strategy in investing is a plan for selling or liquidating assets to realize gains or minimize losses. The speaker discusses their exit strategy in the context of preparing for the end of the bull market and securing profits. This term is significant as it reflects the speaker's forward-thinking approach to investing and their efforts to manage risk and maximize returns.

Highlights

The speaker discusses their cryptocurrency portfolio and diversification strategy.

They mention the altcoin market is in a heavy downtrend since March.

The speaker's portfolio has decreased in value but they are focusing on transparency.

They have around $287,000 in their main portfolio.

The speaker is trying to ensure their portfolio is well-balanced and not overly reliant on one coin.

They have reduced their exposure to cify by selling half and investing in other coins.

The speaker has a significant position in ax (Avalanche) and Ethereum.

They discuss the strategy of keeping some Bitcoin and deploying it into altcoins.

The speaker is cautious about converting Ethereum for altcoins due to market conditions.

They have a cash portfolio of around $60,000 to $70,000 for safety.

The speaker is not timing the market but is prepared for a potential downturn.

They have a diverse set of investments including IDOs, ICOs, and private sales.

The speaker is getting vested in several projects which provide passive income.

They discuss the losses from pre-sales and how they manage them.

The speaker has a strategy to sell tokens from projects that have a lot of vesting.

They mention having a 4X return on their investments to reach their financial goals.

The speaker shares their personal situation, including family and financial pressures.

They commit to sharing more personal and transparent updates about their investments.

Transcripts

hey guys this is portfolio update um in

this video I actually also want to show

you not just what I have in my portfolio

although I'm going to um but also how I

am divers secting uh this whole thing is

that a word now it is I think it is I

don't know Dutch whatever um because I

am mainly focused on this portfolio that

you see on screen right here which I'm

going to show you fully um but I try to

make sure that I have my money in all

different kind of places right because

if I would have had all my money in just

this

portfolio I would have gotten wrecked

pretty hard and that's that's normal

because yeah if we look at the market

the altcoin market is in a pretty heavy

downtrend ever since March um there

others everything outside of the top uh

10 including top 125 from the top it is

now down 48% right and look we are not

all in top 125 coins I have my cify back

I have my Oxo back I have like most of

it is probably not even in the top

125 um they've gone down harder and a

lot of people are down very very bad

from their all-time high portfolio and

yeah including me but I want to show you

I want to be really transparent in this

video um for the ones that are

subscribed for this this of course so

let's get over that and also kind of you

know

my my my strategy so when I am now

trying to make it in crypto I am

actually trying to make sure that this

is the portfolio that is going to do

that and I have also money in different

places uh which I'm trying to forget

about and slowly add it to this

portfolio so let me uh show you fully um

also put this in English because it's

always Dutch for some reason so my you

know main portfolio now has around

$287,000 um in it and look this is this

was way more um so yeah I'm I'm down as

well of course as well but if you look

at how many coins I have in the top

125 it's like maybe 10 right um and I

have a lot not not even like I have a

lot in this watch list uh but I have no

near no fat no so one two three four

five six uh seven eight eight so these

are eight in the top 125 so they move

with others the chart that I've just

shown however for the rest I have uh the

coins right here now I don't want to

share that yeah I have a lot uh a lot of

different coins and do I need that no I

don't think so everything is kind of

down 5x 6X from the alltime high some

three maybe um and if most coins move up

like that then they all probably do

right so it's not that you feel like I

have to have this coin like it's more

that the market in general Mo will move

in a certain direction there are always

um coins that out are underperformed but

overall they move similar now um okay

I'll go for the strategy later so what I

have right now I have like

$280,000 in this portfolio right here

I again I I don't even know if I need to

be this transparent but I'm going just

show you whatever um what I have mostly

is cify right now I had way way way more

in cify I have now 25,000 tokens it's St

s um I had more I had ter eight so I had

like 50,000 tokens and they were $5

something at a certain point right so i'

had like only my cify tokens were worth

just as much as my complete portfolio

right now basically however I was way

Overexposed to cify um I cannot have

like 200 K in cedy and then the rest 80k

in other coins that's too risky although

I believe in cedy you never know right

so sold half of it and put it into other

stuff um but also sold some for dollars

when the price were higher but still my

biggest back and I believe in it um

there was a battle going on in my

portfolio between avac ethereum and Oxo

uh for the second spot currently ax is

there it's fine uh I think ax is a very

very good second place still have some

Eve now why look you also should

understand why do I uh have that well I

often talk about others the altcoin

market right um is this unlock rmck yeah

but I also talk about others on their

Bitcoin pair so this is altcoins on

their Bitcoin pair basically and they're

sitting very low right now so you maybe

see the difference between my Bitcoin

Holdings now and a couple of months ago

it's way lower now right because I

deployed Bitcoin into altcoins right

here um but there's also a thing um

about others under their ethereum pair

so what you can see is that others are

now going up against ethereum right I

had a little more Eve but I converted it

into altcoins but you can see that

altcoins are now doing pretty well

against Eve so I um I don't feel like um

look Eve is becoming worth less against

altcoin so to now convert my Eve against

uh other altcoins I know I should have

done that over here more

maybe um but now I feel like I'mma just

let it right and whenever this goes down

right uh yeah then then we can talk

about maybe reshuffling right there um I

have a decent back of

Oxo pretty good loss on it 20% but as

you can see I I don't have like

significant losses or anything um really

I think the biggest losses that I have

well are actually from pre-sales which I

get to in a second um but most losses

that I have spot like 40% maybe maybe

there's one single 50% in here

55% um but that's kind of it right

so we're trying to not time the bottom

on this channel of course um but so far

it's going pretty well um and I cannot

wait for the market to to pick up right

uh that's going to be fantastic now um I

have decent back of render Beam still

immutable Ronin super um I just bought

more paid uh because I can show the uh

transactions I just think that paid is

great at this level uh I said earlier

like hey you know it's it's sitting at 9

cents right and six I said like it might

go to four or five uh why because I W

show you the chart in a while uh but I

wanted to have exposure anyway so I

bought more at six bought more at five

then it pumped all the way to nine I

sold some had a good profit there and I

bought it back at four um so I'm still

on the loss because it's not really

sitting at the lows but it doesn't take

much for pay to already put me in a

profit and what I'm looking at is if you

look over the last year there you can

see that whenever it was like this low

and it had this run up it struggled here

at around that 4 4 cents level right

four five three four five cents and then

it took off and now we came back to that

level so that's why I just think that

this is a great level right now I

already have way more uh than I should

have compared to like how high cap it is

uh well in this case how low cap it is

therefore I'm not buying more uh at the

moment otherwise the ratio is getting a

kind of out of control but I think that

pay at this moment is a great buy uh

actually so therefore I have um a a

decent bag of paid tokens um yeah other

than that you see like uh it's on like

like kind of four to five4 to 8,000

right my lowest holding is

decimated um

$2,000 I I believe in the project I

think it's good I started buying this a

little too soon to be honest it's now a

scent um but I started to buy this thing

at 1.4 1.3 and 1.3 fre right so it's no

sense it's like not that bad or

anything um but it's also not far enough

from my entry to feel like okay let's do

another DCA especially given how low cap

it actually is and I don't want to have

too big of an exposure to a single game

at the moment um but yeah I mean if if

yeah the chart is just going down hard

right so what I still have as well is a

cash back right I also have my cash

portfolio and it's like 60 70k something

like that at the moment not sure should

make up for around 18 20% of my uh

entire

portfolio um which is decent at this

moment I feel comfortable with that

because 80% exposed to crypto in this

kind of market for me is good if you

look where we are on bitcoin um and and

and let me get a clean chart right right

here if you look where we are very

simple having right let's put it on a

month like if you look where we are

having parabolic having parabolic having

parabolic having we should go parabolic

or at least up maybe not as parabolic as

here but at least up right I think

having an exposure of around 80% I don't

know it fits fits for me um but also 20%

in case we go down because there's a

very good chance that we go down look

the altcoin market is still in the

downtrend uh what you like it or not um

and you probably don't but it's still in

the downtrend right and it's trying to

form a lower high maybe right or it

breaks out right here but so far it's

been lower highs for half year right so

then it's also very possible that it

makes yet another low low or it finds a

bottom right here also fine but in that

case I want to buy there right and with

just like maybe 5% or or something like

that in cash it doesn't feel good enough

for me then I'm not happy enough like if

there if the market now Tanks A lot of

people they feel bad right um I don't

want to feel bad I I want to feel like

okay it sucks but I can take this this

is an opportunity right I have money to

to to to do something with that um so

that's kind of what I'm doing right

now now look I I tweeted like hey

quitting my job for crypto was

financially stupid because when I had a

job I had an income right I didn't need

to take anything out of crypto to live

now I have to put out like $3,000 per

month to to just come around right here

maybe four right I don't know and if if

it wasn't for that I my my crypto back

was way higher because I'm constantly

taking money out even in this period

right here I have to right that sucks it

really

sucks um but that's just what it is uh

but I won't recommend it

necessarily um so that yeah that that

that's kind of my portfolio uh right now

um I have some low caps again like

Wilder world for example I love that

project I think that this is one of the

best looking metaverses in the world um

58 million doll market cap yeah I just

started to buy it again too soon

actually if if I look at my transactions

it's now 20 cents 21 cents I started

buying this thing at 60 right wrecked

not a lot luckily

so but at 50 I felt like okay let me do

a little more 37 was a big step as well

do a little more 29 23 were small steps

do a little more then

25 I F I don't know why why why did I do

that but now it's 20 now I feel like

okay might do a little more but I also

don't want to constantly you know catch

that fing knife so at a certain point

especially with low caps at least I want

to be like okay

you know it's fine for now let me let

first see if it can actually go up in

the first

place um look if this was Bitcoin I

would have no problem with it because I

know Bitcoin is going higher than

wherever I bought it right but with wild

world for example although believe in

the project I don't know because it's an

altcoin right and that's dangerous um

also have some upack it's not in the

portfolio right there because they're

going to migrate um so but that's what

it is right here so this I have some

cash I have a little

dust right there but it's nothing really

um overall not in a big loss total loss

2% that's fine right I don't know how

accurate this is actually but that's

fine uh but also I have some other stuff

and that's what I've been preaching

about on the channel a long time already

and that's idos icos uh K Investments

whatever Private Sales that kind of

stuff this all is what I am the the

green and yellow is what I'm getting

vested currently right so these are a

lot of projects right now I'm all

getting them vested so that makes sure

that I'm guessing somewhat get getting

somewhat of a passive income right um I

invested in this months ago years maybe

and now I'm getting it most however are

in an extreme loss extreme loss right

and I'm not talking about like 50%

correction or anything like that um I'm

talking about

like [ __ ] like um what's a good example

I don't know BRC starter or anything

like that right I invested right

here and it's now this is actually

60%

um what's a good example I don't know

they're all good examples they are all

far down uh anyway

some are like down 90% it's terrible

athic games like beautiful and now right

it sucks um but that depends so much on

the market conditions right if this how

the market looks like right now then um

then the new projects they suck luckily

I have some projects which are still

coming out um here we go dark times Soul

storm not living death plan of Finance

reformed out just came out I think Omnia

estate dodging limpid mria other layer

mol shutdown Gip notes Rumble Kongs

everage run line AI GM from cify seed

world not AI m8x

one these make up for another $770,000

or something like that right with the

initial investment so if they do it 10x

then hey nice um so I'm happy that these

projects didn't came out yet so this

whole page makes up for I don't know

200k something maybe right so that's

basically a separate portfolio that I

have right there and what I'm doing is

every now and then um I'm going sell my

FES thingss for a lot of these projects

because if I don't other people do

apparently right and then it all goes

down and then I'mma just buying to the

market whenever it's low right I am not

planning on holding most of these tokens

during the bull

market why could they not go up yeah

definitely they can go up and if the

festing is through the bull market then

it's fine you automatically DCA out

right however if I now uh can sell uh

all my meados for

example would

I a big part of it

yes why because these projects are new

they have crazy vesting they also

private investors team

advisory they have so much resting they

will dump on me right so I rather than

take that money if if I'm in a profit

and put it in an avac or whatever with

not a lot of

investing right that's kind of how I'm

reshuffling all the time that's how I'm

playing it um now I have like notes uh

running as well I have uh delium agent

layer sonaris oxm Lumia vision mirria

notes gilm carf ather games or ather

ather notes not not from ather games but

ather um and Kip noes which is still to

come out so also passive income right

there right so I just try to make sure

that I get money from there there there

and have a stable portfolio so I can

invest it in there right and apply the

strategy that I'm trying to share on

this channel for years now uh to my own

portfolio as well that's kind of what

I'm doing right now um because again if

I would have had all my money in this

portfolio yeah then it wouldn't look

that great right because although I

bought a lot of these projects quite

low it's still a big loss for some of

these uh project I mean if if you look

at focal for for example right over the

year went from 10 10 10 1030 to $2 right

240 it got wrecked like 4 and

a2x like really bad really bad um and I

just don't want to have all my money

there right now I'm playing even on this

thing basically right but I just don't

want to have all my money right there um

so it's good that I had some cash uh

which I invested in some projects uh

over here right uh with these ones that

I at least had like for example with

seed World $10,000

I invested in there um you know I could

have also invested that $10,000

in whatever pick one of these coins in a

portfolio and went down how many percent

I don't know my 10K is now at least

steady being 10K right and hopefully

most of these projects they release once

the market conditions uh get better that

also applies to the patreon deals I

don't know which ones you guys uh

participated in but we have a lot of

good ones coming my hopes are really

high for all of them though but

especially for

uh Paradise Tycoon I think that could do

really well

C uh meta exceed especially in play

Ember also things like Providence and

ever like I love all of them though but

you

know they they like um they wait for the

right time and I think that's the right

thing otherwise we get the these things

like ha scass had right where where H

scass they they [ __ ] everything up

that they could [ __ ] up so you know I

just now and that's also going to be

part of my exit strategy so if I count

this plus the notes and the the

pre-sales ETC I should be sitting at I

don't know 600k maybe or so something

like that and I just feel like man if I

buy the end of this bull market have

like 2 million I'm fine right I'm really

good uh I can work from there so I need

a

4X so therefore I can apply uh or adjust

my plans based on that right A lot of

people that in this market be like ah

20x or nothing usually nothing right and

I feel like okay I need a 4X at least

right that seems pretty

doable right so let me at least get that

and then lock that in and whatever is

left fine let's see how far that goes

that's that's also fine

That's my kind of strategy and this is

these are the portfolios that I'm

playing it with now of course I have a

little AdSense money Etc but that's not

like you have to also pay taxes and

that's nothing left from that so this is

really I believe in this market guys I

just want you to know that and therefore

I'm making these videos like so many

times I have two kids right I need to

feed my family my uh wife has a burnout

can't work um it's really tough I have

my own office right now uh ever since I

started this thing full-time basically

Al coins are in the bare market right so

it's really battling right now as well

and I have nothing really to fall back

on yet I am fully going into this I I

maybe sound a little immature I don't

know but it's also that I really believe

in this and um I am just I I don't know

I just try to share

any move I make uh here as well and I'm

going to from now also do more

personalized like this this was more

maybe um more transparent more personal

right um so I'm going to do that a lot

not not so that you can do the same just

so you know and follow my progress maybe

interesting so yeah that's it for today

bye by the way