Bridger Pennington runs an eight-figure hedge fund and avoids putting all his money in Bitcoin alone. He holds Bitcoin as a store of value but also owns Ethereum, XRP, and Solana because different blockchains might win for payments, bank wires, or digital assets.
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I like the spread bet trade. That's what I did personally for years. Now we run an 8-figure hedge fund. We do different things, but the spread bet trade is decent. A lot of times when one goes up, the other one goes down and it moves and it helps in your portfolio, I think can do decently well over multiple cycles. Now, people will disagree with me. Bitcoin maximalists will say Bitcoin's the best asset ever. It's the only one. But the Bitcoin blockchain isn't that useful for a lot of blockchain needs. It's a great store. It's like gold. It's a store of value, but The Ethereum blockchain is much more useful for other needs, or XRP's blockchain, or Solana's blockchain. And what happens if countries start using those blockchains for certain needs, for bank wires, transfers, digital assets, that kind of thing? I like having exposure to a good mix.