Coin Bureau Portfolio: TOP Holdings & Investing Strategy!!

Apr 10, 2021

🥇Portfolio Pick #1🥇

The first cryptocurrency I hold is the one and only Bitcoin, which currently makes up about 27% of my crypto portfolio. I wholeheartedly believe that Bitcoin is the best hedge against the current monetary system and I unironically consider BTC to be digital gold. This is because BTC has a limited supply, this supply is quite equitably distributed and BTC has stood the test of time as a currency.

🥈Portfolio Pick #2 🥈

ETH currently accounts for just over 30% of my total crypto holdings, which makes it the largest slice of my portfolio pie. While Bitcoin functions as a store of value, Ethereum intends to be the world computer of the new decentralized internet. Ethereum’s 3000 plus dapps have millions of monthly users, which is magnitudes more than any other cryptocurrency blockchain. Ethereum continues to have thousands of users despite high gas fees.

🥉Portfolio Pick #3 🥉

The third cryptocurrency in my portfolio is Polkadot, with DOT currently representing exactly 9.34% of my total crypto holdings. As far as I can tell, Polkadot’s ecosystem is the largest after Ethereum’s, with at least 400 projects building on Polkadot. Although Polkadot has not yet plugged in the parachains required to power the dozens of dApps waiting to deploy, this is expected to begin within the next few weeks which is much sooner than Ethereum 2.0.

🍀Portfolio Pick #4🍀

The fourth crypto project contained in my coffers is Cardano, and ADA accounts for just under 8% of my crypto account. Like Polkadot, I see Cardano as a hedge to anything going wrong with Ethereum. I am a huge fan of Cardano’s peer review approach to research and development even though it has really drawn out the rollout of its blockchain. Still, I have a feeling that Cardano will be running smart contracts much sooner than Polkadot, which would theoretically make it the next runner up to Ethereum. While Cardano seems to have a larger community than Polkadot, it does not have nearly the same amount of projects building on it for the time being, hence the smaller allocation.

🔗Portfolio Pick #5🔗

Speaking of links, Chainlink is the fifth cryptocurrency I hold, and just over 4% of my portfolio is in LINK. This is because oracles are required to feed real world data into cryptocurrency blockchains. My personal preference is Chainlink because it has the largest ecosystem of any oracle. It has 500 partnerships and over 80 of these partnerships are with smart contract blockchains. LINK is required to pay for data feeds from Chainlink, so it’s logical to assume that the price of LINK will go up as the cryptocurrency ecosystem continues to grow along with its demand for real world data.

👨‍🏫Portfolio Strategy👨‍🏫

Ever since I started investing back in 2016, I’ve been gradually tilting my portfolio between Bitcoin, Ethereum, and a selection of other altcoins. This is because the cryptocurrency market tends to ebb and flow – from Bitcoin, to Ethereum, and then to altcoins. I haven’t always made the right calls, but regularly taking profits has offset any major losses. Long term, I am looking to stack sats and am using every other altcoin in my portfolio to do this. Cash is trash, remember that!

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📜 Disclaimer 📜

The information contained herein is for informational purposes only. Nothing herein shall be construed to be financial legal or tax advice. The content of this video is solely the opinions of the speaker who is not a licensed financial advisor or registered investment advisor. Trading cryptocurrencies poses considerable risk of loss. The speaker does not guarantee any particular outcome.