223. Your Altcoins Suck, Ben Just Bought More. Here’s What You Need To Know

Welcome back to another episode of the Ben and Bergs podcast. I'm Ben, your favorite high school dropout and founder of Collective Shift, alongside Ms. Bergs, your favorite MBA and CEO of Collective Shift. We're here to bring you world class crypto research strategies and insights to help you crush this crypto bull market. Plus, get an exclusive behind the scenes look as we scale Australia's leading crypto research company. And if you enjoy the podcast, we'd love for you to share it around with a friend or family member. Subscribe if you're on YouTube. YouTube and yeah, hopefully you're enjoying the content so far today we wanted to do a little bit of an update on mid bull market update because we're probably about halfway through in my opinion, and this bull market is not playing out like previous cycles at all. And if your strategy is the same as 2017 or 2021, where you're just hoping these coins will go up, well then unfortunately this cycle is playing out vastly, vastly different. Now, the first thing I want to really double down on and make it super clear is that the altcoins are down considerably against bitcoin, right? So if you look at the others chart, which is basically the total market cap of altcoins outside of the top 10, they are severely underperforming bitcoin to the point where year to date, bitcoin is outperforming the average of the altcoin sector by 40%. Savage. Savage. A lot of people are down on their altcoins, right? And we have been super, super good this cycle. Probably the best in my opinion. The team and I, in finding outperformers the likes of syrup hype, Sui, Solana, you know, have all outperformed others Syrup just over the last since April. The others average altcoin market cap returns 5%, 5%. You've got on average in the last two months. Sui up 20%. Solana 15%. Hype 200%, syrup 300%. All right, everything else, you're basically flat. Over the last two months, Bitcoin's up 30%. So if your altcoins are not outperforming bitcoin, I would question why are you holding it? All right? And this is not the cycle that, that everything's gonna perform. Couple of reasons. One, there's millions more coins than ever before. Two, there's very little retail interest right now. And three, a lot of the old coins that you hold have quite frankly fucking dreadful tokenomics, which means they print new tokens into circulation, which means that the coins themselves need far more capital to grow than before. So just trying to hold because you're down waiting for it to get back to all time high mathematically is very, very difficult. And it's not going to happen like previous cycles.

And it's the hardest thing. It's just investing. It's not admitting you're wrong and you're a terrible person. It's like, no, this didn't go out the way that I planned. It's not playing out. Get rid of it and get something better. Don't hold onto that trash and go down with the sinking ship.

Totally right. And you know, recently we spoke about the 10x we made on, on Syrup. This was a fundamental play, right? Fundamentals break through in, in areas of the cycle when there's not a lot of sentiment. Okay. And that's where the fundamental, fundamental projects are doing well. And that's why I'm very bullish on the layer ones. But again, still, so many of you are panicking when we see this like, you know, drop in the market like we saw, you know, with the Iran conflict, literally on Monday, the market dumped and I put out a post to our platinum members talking about we, this is a short term correction. Bitcoin is holding up extremely well. The fact that bitcoin was above $100,000 told me that we were in a very, very strong market. Historically, if we had a huge world conflict, bitcoins down 30, 40%. Altcoins are down 70%.

We saw that with the tariffs, like bitcoin absolutely tanked.

Yeah, absolutely bananas, right? But it was a bullish signal. So what I actually did was I deployed and I deployed into some of the assets that we have, high conviction, I share those assets and literally bergs the very next day. Now, I must admit I didn't think we're going to get peace talks overnight.

But you don't have a hotline to Trump, mate, just call him up, be like, mate, look, I've just told everyone I'm buying, you know, you better stop the war, brother.

I texted him, he didn't reply. Maybe, sorry, I don't know. But, but it pumped overnight and now we were able to scoop up undervalued assets, double down on our high conviction plays, and the market corrected and bounced and we're, we're, we're back up and running again. And that is the difference between a logical invest investment strategy where you know your assets, you know what you're in and you're doubling down during corrections, versus an emotional investor that gets worried, panicked and continues to buy crappy coins or sells when they see the fear in the market. And I think that's a big difference that I want all of you guys as listeners to take home. And just remember that very few altcoins. Altcoin dominance against bitcoin is at four year lows. Bitcoin has outperformed the majority of altcoins for four years. So if you don't have a proper portfolio allocation, we spoke about this in length in the masterclass yesterday. That portfolio allocation is so, so important because if you don't have that right, that is what's going to hold you behind.

And I think even just what you said before, like knowing your different projects, knowing what's happening in the macro environment and things like, you know, the war, tariffs, printing money, interest rates, combining all of those things and then thinking long term as well. But the key thing you said was seeing the market's reaction to the war in Iran because that is like one of the biggest drivers right now between Israel and Iran. Horrible thing happening. And we're monitoring it, but the market's response is bitcoin is still quite strong and things are popping off. Missiles were going everywhere. So you saw that. And then thinking long term, you're like, well, if this is the market's response and these events are happening, this is something I'm going to buy because it's going to lead to strength when this conflict comes down.

Yeah. Versus in the past where we've seen conflict crypto tanks. You buy the dip and it probably would tank even further because it doesn't have a strong, you know, sort of that strength behind it. And that's, that's the sort of difference. And it's really, for me showing huge signs of maturity and strength. Bitcoin is. And bitcoin is starting to behave like a flight to safety asset, you know, and that's super good.

Is that like gold always is. Like people will put money in gold or cash and now they're starting to put it into bitcoin when these types of events happen. And if you look at bitcoin, I think it was almost touching 100k. It's now back up at 106 where it was. And this was just from a tweet from Trump saying, I've ended the war. After that, we've seen that's not really the case. There's still missiles going everywhere. But the bitcoin price is holding and that information is available to everyone. News sites, every news site is reporting on it, which is quite a strong signal for Bitcoin in this global conflict.

Totally agree. Altcoins on the other hand, as a reminder, they will fall harder in times of uncertainty. Retail interest on top of that is largely absent right now. Search interest is at levels. Sorry, Google search interest for crypto is at the same level as where we were back in 2022 when Bitcoin was at $16,000.

Oh, if only we could go back, bro. Yeah, buy some of that.

Buy some more. Retail are not here, guys. All right, so your altcoins are gonna most likely underperform. Like I just shared the data. The average is that you're completely underperforming unless you're in select assets that are doing obviously really well. All right. And that for me is why to be honest, Matt and the team burgs have been crushing it. Like the calls on Sui hype, mine on syrup like these. If you haven't been in these assets, you're down.

And this is the thing we don't monitor. Like we don't have write ups on 600 projects and six of them become good. It's like six or seven out of 10.

Yeah.

And those other three, the second they turn, we just cut them. We don't hold them to the bottom and we redeploy to the other ones. Like it's, it's pretty bang on. It's pretty amazing to see, man.

Yeah, totally agree. Hopefully that's been helpful and insightful folks. That's where I'm buying. Focusing on those, those biggest sectors layer ones primarily we spoke about Defi. There's a few other sectors I'm looking at if you're interested in following exactly what we're doing with our portfolio, all of our research and insights. You can check out our Collectorship Platinum offer. We do have an end of financial year little bonus from our master class yesterday. So click the link below. Check out the Collectorship Platinum landing page that goes up right to the end of June. But as always it's by application only. You do need to have more than a quarter of a million in assets and we will see if it's a good fit. And we are relaunching the pro membership soon. It's just a little teaser so we'll have something out for you guys soon as well for that don't qualify. Have something nice out for you guys as well very soon. Bergs, back to work.

That's it, mate. And you're spot on. Like we want to help people at all levels, right. We don't do this just for a certain subset of people and you know, we want everyone to be able to benefit from this asset class and be accessible. It's why we do a lot of free content. It's why we're relaunching Pro and why we have our platinum tier as well.

Totally. Thank you so much, folks. Hope you enjoy the episode. Please share around with a friend or family member if you enjoyed the podcast and we'll see you on the next episode.

Thanks, champions.