Crypto Keeps Going!

Short Portfolio Update, new coins and keepers!

Hello everyone,

Last post was about a potential wave 1 ending on Bitcoin. Put very simply, I was wrong. There’s a new force in the market: institutions. They are buying heavily and they’re winning from market makers and option dealers. Didn’t expect them to get the best hand so fast, but they did. It’s also hard to track as most of them are not in the order books but buy OTC.

Now, is that a problem? No. Because I didn’t sell a single holding, actually I did a lot of digging and I share a short update on the 10x Club Portfolio here:

(Remember just my opinion, not financial advice)

Ticker - Position - State of the coin - P&L

QNT │ HOLD │ Fundamentals stronger than ever │ +57%
HBAR │ HOLD │ Growing ecosystem, technical updates │ +41%
ETH │ HOLD │ Institutional adoption and ETF │ +83%
LINK │ HOLD │ Growing ecosystem and institutional adoption │ +140%
EWT │ Potential BUY │ Good fundamentals, choice for DOT is questionable │ -25%
LCX │ SOLD │ No strong leadership or vision
AR │ Potential BUY │ Good fundamentals, waiting for PMF │ -17%
ALGO │ BUY │ Good fundamentals, undervalued, waiting for PMF │ -31%
DOT │ SOLD │ Loser of the layer 1 space
IOTX │ HOLD │ Need to monitor adoption, waiting for PMF │ +45%
MNW │ HOLD │ Good partners, waiting for real world integration │ -19%
DAG │ HOLD │ Good fundamentals, waiting for PMF │ 0%
XDC │ HOLD │ Good fundamentals, waiting for PMF │ +100%
MOVR │ SOLD │ In DOT ecosystem: loser of the layer 1 space
NXRA (ALBT) │ HOLD │ New token, good fundamentals, waiting for PMF │ +200%
ATOM │ SOLD │ Too much inflation, infinite supply but good project
AZERO │ HOLD │ Need to monitor adoption, chart looks good │ +5%
ADS │ HOLD │ Need to monitor adoption, could add more potentially │ -44%

New AI additions in the last 6 months:

TAO │ BUY (maybe wait for a retrace) │ Hype coin, good fundamentals │ +25%
INJ │ HOLD │ Hype coin, lets see if PMF can happen also │ +220%
RNDR │ HOLD │ Hype coin, lets see if PMF can happen also │ +100%
FETCH │ HOLD │ Hype coin, lets see if PMF can happen also │ +220%

Current new Solana ecosystem additions:

I wasn’t a fan of Solana and yes we did miss the pump. Maybe that’s a mistake from my side, so let’s hedge and fix it. We don’t buy chase the Solana pump, instead we go look for low cap gems in their ecosystem which will pump 10x of what Solana does from here.

ORCA │ Dex on Solana, works great, I like it │ (70% allocation)
RAY (Raydium) │ Dex on Solana, works like shit but high TVL │ (20% allocation)
SOL │ To pay transaction fees on wallet │ (10% allocation)
Might add more, still researching some gems, there are a few others!

As you can see, most of our positions are wel in profit and I’m sure all of them will get into profit. As said, some projects make it and some don’t - that’s why we rotate and correct where needed. We’re doing well, patience pays off!

Last thing on Bitcoin, will we see a local top at the 2022 year open, like in 2019? Seems no one found this yet, but I did! The rest of this month is still very interesting towards the yearly options expiration and ofcourse January always is a pivot month. I wouldn’t mind a good dump because I would just buy more, not touching my HODL portfolio.

We’re in a postion of strength!

Good job to all who had patience,

BlowOffTopic