Cointelegraph’s experts reveal their crypto portfolios | The Market Report

Sa. Sam. Foreign. And thanks for hanging out with us on the market report today on Cointelegraph. I'm your host, Benton, and we are joined by our resident experts, Jordan Finis ath, Marcel Peckman and Sam Borgi. Jordan uses his background in psychology and human behavior to spot the emerging trends in the crypto markets. Sam Borgi is a business editor at Cointelegraph, where he brings a decade of experience in economic analysis and financial market writing. Marcel Peckman applies his 17 years of experience trading derivatives options and futures to the crypto derivatives markets. Fellas, what is going on this week? How are we doing?

Bentham? It's so funny. Like a year ago we are dreaming with $40,000 and now it goes down from 47,000 to $40,000 and everybody panics. No, cryptos is the end. The volumes are down, the price Ethereum is back to $3,000. The world is ending. Like, guys, step back for a minute. Look what's happening to commodities. Even gold, which is useless. It's a bar, yellow, shiny, doesn't do anything. But it's a paperweight. It's back to almost the all time high. It's nearing $2,000. Just wait, wait. Our time has come. Inflation is here. It's our time. We're gonna shine.

Yeah, it's nice to see a little green in the market today. I know like we mentioned it before, people are starting to get a little down on the dumps on crypto. And every time that kind of happens, it's like, well, no, look, it's, it's good, it's okay. But I think long term, we are kind of headed up. There's some, some events going on in the wider world that will probably kind of help propel cryptos higher here in the future.

Yeah, well, I like when Marcel talks. It's like a therapy session for me, you know, remind myself that, you know what, things are still fine. I mean, some of this does remind me of the range from hell that we saw back in 2018. Remember that? The range of hell, you know, 6,000 being the break even rate for miners. All of us thumping our chest about how it can go below, below 6. And then what happened? We, we nuked down to 3, 800. So all I'm saying, from a short term perspective, crypto is probably highly still correlated with stocks in the short term. In my opinion, if we don't see a big breakout in the next 30 days, I think that we're probably headed lower in the intermediate term. But that's just my two cents on the matter.

On the upside, we are seeing some higher lows from Bitcoin in the last month. So hopefully this headwind, if we can continue to propel forward would bring great news to the markets. But we shall see. Are we consolidating? Are we ranging? What are we doing? Nobody knows. Today's show we're going to be revealing to you our crypto portfolios and we have some interesting revelations for you all. But I know first Marcel is going to run us through some of the latest, greatest insights when it comes to Bitcoin and Ethereum and some nuggets that you need to pay attention to. We want to appreciate and show our appreciation to everyone that's tuning in from around the globe. I see Vikram is back. We have Radar BTC Luciana, Muhammad, Adrian. Everyone's tuning in. Chime in to chat today because we're going to be giving away a one month subscription of Markets Pro. That is a hundred dollar value and we're going to show you two tokens later on this show that you should have been watching that if you're trading on Markets Float on Markets Pro you would have seen. So today we're going to jump start things with some of the biggest headlines from the Twitter sphere. Feel free to chime in, chat, don't forget to like and subscribe Cointelegraph on YouTube. We are here 12:00 clock Eastern on Tuesdays. So first things first, let's go ahead and jump into our weekly roundup.

I hope you're muted mute.

Benson, sorry about that. Lots of, lots of news in the Twitter space and we are here for every single second of it. Marcel is going to give us some of his greatest nuggets for Bitcoin and Ethereum. So I'm going to let Marcel take it away.

Okay Betton, so let's think for a minute here. If Ethereum doesn't compete with bitcoin, let's just imagine this scenario which I think is going to become true in the future once Ethereum migrate to the proof of stake. So no longer based on mining, cryptocurrency based on mining as it's someday. So the first question is what is Ethereum dominance if excluding bitcoin? So how does it compare to the other altcoins and how has been this indicator, this dominance performance going? So Danilo, I want to share my screen please. So you can see here the green line on tradingview shows the Ethereum dominance excluding Bitcoin. So we all know that bitcoin dominance is between 40 and 50%. But that's the the whole market, we're just comparing Altcoin, so excluding Bitcoin and right now it stands at 34% approximately, which is roughly in line with the 200 day moving average. So yeah, we've seen 27 low to 37% high. But we would say that over the past 12 months Ethereum performance versus the remaining altcoins has been flat. And you might question is this good, Is this bad? Thank you, Danilo. So I would say that considering that the Ethereum network transaction fee shooted up to $53, that's the average transaction people were paying $300, $400 for a single Ethereum transaction back in November. Right now it's at $12. We're going to show the chart, but considering this hell scenario, this worst scenario possible that we never imagined and it did happen, and yet it maintained 34% market share, I think it's positive. Danilo, you can share my screen again please. So I'm gonna show them the average transaction fee. So that's the one week average transaction fee. You can see here that it should up to $53 and it's currently at $12 which is a for normal defi user nft marketplace user gaming $12 transaction is insane. It's impossible to happen. So we can see, we can understand why Ethereum should have lost some market share and yet it didn't. But the story doesn't end here. We can compare a TVL for example, which is the total value locked. So whenever there's money cryptocurrency deposited on a smart contract, we count it as TVL and we can compare Ethereum with remaining chains, Phantom, Avalanche, Solana, and we going to see if there if it is effectively losing dominance or not. So right Now Ethereum has $83 billion which is 50% of what is held on smart contracts on the aggregate. But if we go back in time in April 2021, we're going to see that this indicator was at 74%. So yes, Ethereum is losing dominance on TVL, which is the most important metric of smart contracts. And Ethereum was built for that. It's a network of smart contracts. The blockchain was created to run those decentralized applications. And it's losing ground. And why is it losing ground? Thank you Danil. It is losing ground because competing chains Phantom Avalanche, Solana, which are cheaper and faster, are gaining traction. So my point is, if you go back to the first chart and you ask yourself is 35% market share excluding Bitcoin Fair for Ethereum? I don't know, maybe it's fair, but if we look forward in time, I don't expect that number to go back to 40% unless you think that Ethereum is going to migrate to the proof of Stake network so it's going to gain scalability by faster and cheaper transactions. But I don't see that happening over the next 18 months. But I want to hear from you guys. Do you guys think that Vitalik and France can migrate Ethereum over the next 18 months to the proof of Stake network? What's your call.

Sam? Go.

I can't really speak for the technical aspect of that. I don't know. But when I like they're not. There's nothing going to be solved about the fee issue when they first launch this ETH 2.0. Like to me that's the biggest issue. Why do I care about it if it's not going to do anything for fees? And you're showing that the average transaction fee, that's, that's like if you're trying to send Ethereum, if you try to do any kind of smart contract interactions, that fee shoots up like quick and I, I can't. That prices me out of even one Ethereum and I have a decent sized portfolio.

So.

Yeah. And also I don't think it's going to really solve the scalability issue. I mean people are concerned about Layer twos and what's going to happen to layer twos after the merge and this. I think there's always going to be demand for that because I don't really see that being solved either. Can they do it in 18 months? I suppose anything is possible, but knowing the trajectory and the history of the project and I'm invested in Ethereum, everyone just letting everyone know, like I'm not trashing anybody. I just, I could see a lot of hiccups along the way and if you're really basing your investments off of when this merge is going to be finalized, you might have to sit on your hands for a while. Put it that way.

I like.

Sorry, Bentham, go ahead.

No, I was gonna say I like ETH as an asset class, as a user functioning on the network, that's a different story. So when it comes to the scalability, again, we've been talking about this for years. I'll see it when I believe it. Yeah.

So just for the viewers to get it straight, what Jordan was saying is that once the merge steps in, it means the network is no longer dependent on mining. It's a proof of stake network. It doesn't mean that scalability kicks in because that will only happen when sharding kicks in, which is parallel processing. And that's not together with the merge. That will happen like six months or later or a year later. They still don't have a definite time to implement Sharding. So yes, I don't see Ethereum. If you're going to bet on smart contracts and decentralized applications, please choose Fantom, Solana, Avalanche or a basket of those coins. Because I don't see Ethereum neither. None of us four here see Ethereum migrating to the proof of stake and getting scalability over the next 18 months. And in 18 months this market can, I don't know, go increase threefold. And what's going to happen with the market share of Ethereum we have just show you on TVL it went from 74% to 50%. It's gonna go down to 30 to 25% if it doesn't move to proof of stake if it doesn't implement sharding. And that's not gonna happen in 18 months. So I think we're on the same side here.

That's why it's so important to have exposure to a project that does sharding, right? Wink, wink, nudge, nudge. You'll see that later. Well, for me that is at least.

I mean, Marcel, when it comes to big institutions right now, it seems like they immediately look at Bitcoin and Ethereum with that kind of backing. In regards to Ethereum and talking about that as an investment or asset class, how important is that into the narrative, into the growth of that actual asset?

Okay, Bethan, so you got a point. When we considered Ethereum also has futures listed at cme, Ethereum also has a big options market almost comparable to Bitcoin. And volume, when we're talking about institutions, they want liquidity, they want volume, they want it to be traded on regular stocks, exchanges, as ETFs and listed products, which Ethereum has. But when we think about the institutions that are, okay, I want to invest in cryptocurrency, but I think that Bitcoin somehow is old school technology and I want the nft, the gaming stuff, they will turn their heads to Solana, to Avalanche and to the competing networks because they know that Ethereum is not gaining ground, it's losing. Not in number of users and dapps, but those are savvy investors. They know how to enter a defi llama or dbank.com and check out how the network is growing or at least they're going to have research from Messari or whatever, read Cointelegraph and they're going to see, well, Ethereum is. Ethereum is interesting, but maybe it's becoming old technology such as Bitcoin is considered old technology because they don't know about lightning and maybe they don't know that sharding is building up and someday it's going to be implemented. But they want to see what's happening right now. And if they see what's happening right now, they're not going to put their money on Ethereum. I don't think so.

Yeah, if we keep getting grayscale like supporting other chains and stuff, and as soon as they start seeing people actually migrate to one chain institutions, they might not always innovate, but they'll follow the money and the people and they'll start investing in chains that attract more people. So yeah, if Ethereum doesn't get on their game and improve fees and stuff like that, Salana, Avalanche, some of those competitors are really going to start getting some market share, in my opinion.

Correct me if I'm wrong, but I think that institutionals are already backing Solana Labs in over a billion dollars. They're not buying the tokens per se, but they're buying participation on Solana companies. Is that right?

Yeah, the institutions have been flooding Solana. Solana has been able to raise so much money from venture capital and a lot of these other projects are as well. Even Avalanche has as well. You know, a lot of these smart contract competitors. I think what a lot of these venture funds are doing is they're just trying to back as many as they can, as many viable projects as they can, knowing that eventually one will break away from the pack and it might not be Ethereum, it could be someone else.

We are. We will see. The future will determine that. We are going to go into Sam's portfolio reveal next. Marcel, thank you for giving your insights into Bitcoin and Ethereum. And Sam, why don't you jump in and show us what your portfolio is all about. Danilo, go ahead and take it away.

Excellent. Well, very exciting. I think we all look forward to revealing what we have in store, what we're holding in our crypto portfolios. For me, my portfolio is anchored heavily in Bitcoin. I'm at about 67% of my personal portfolio is in Bitcoin. And that's for obvious reasons. I take profits into Bitcoin. I also look to really participate in the future monetary policy regime globally, which is going to put a lot more emphasis on Bitcoin. So bitcoin is at 67%. I've got ether at 20%. So again we're talking about Ethereum. We're criticizing potentially the rollout of the merge and of the migration but ultimately it still has a solid 20 of my personal portfolio. Zcash at 5%. You know I still think there's a strong value proposition for, for privacy coins and I think zcash is one of the best ones that you can really bet on. Obviously that's controversial, I'm not going to get into that but I've been been a proponent of zcash and their technology for a long time now those of us who want to participate in the gaming revolution, gamefi gaming on Blockchain etc leads me to Enjin Coin. Enjin is at 1.2%. I also have Cardano. Cardano is a hold that I've had for a long time. You know I got into Cardano many years ago at a, you know, a couple of cents and I've held. So Cardano has, has performed very, very well. V Chain, you know, again more centralized. I'm not putting it in the same bucket as Bitcoin. I don't want all the Maxis to come at me with this. I know it's centralized, I know the issues on that respect. But I think as a technology it has a very viable use case on supply chain logistics. Chainlink remains at 1%. This portion of my portfolio outperformed significantly during the defi summer era. Now almost two years ago. Since then it's really come back down to earth. But I still believe in the long term value proposition of Chainlink and I think that it has some room to run. Maybe later. We were talking about charting. Well, Zilliqa is perhaps one of the best known charting protocols on the market. It recently popped 350% I think back up to 20 cents. Has since come back down to earth. But that's one of my plays. I leave about 1% to several other projects including Gala Matic Stacks, Thor Chain Avalanche and steam. The 1% is constantly changing. I take profit into Bitcoin so that's always changing. One other thing that I want to keep everyone, you know, abreast of is what I consider to be the corporate treasury. You know, those of you who run a business, who have run a business in the past, I know I have. And they accept crypto payments. If you do accept crypto payments, my opinion is to hold your crypto in Bitcoin. You know you don't want to mess with your balance sheet. So during the time when my corporation was more active and I was accepting crypto payments, I would hold everything in bitcoin. The non cash or non stable coins that I had were in bitcoin. I think that's probably the more viable option if you are holding corporate treasuries. But that in a nutshell is my portfolio on the personal side and on the corporate side.

Do you ever flip out of Bitcoin into altcoins if you're trying to, even if just for the purpose of increasing your bitcoin amount?

So I'll. There has been times where I funded an account with bitcoin, but I usually fund with fiat or I fund with stables and if I turn profit on those coins, I then funnel them back into bitcoin. I tend to treat Bitcoin as my digital gold and I don't like to spend it unless I absolutely have to. And if I do spend it, for example, I try to find ways to replenish it to make sure that it remains, you know, the mental targets are still there, you know, because bitcoin has turned me into a saver, a long term saver. And that's really the psychological benefit of putting money into BTC in my opinion.

Sam, I think we're missing the most important question here. How do you measure your portfolio.

In terms of success? In terms of how do you. Well, for me, my goal is to accumulate as much Bitcoin as I can. I have a few goals. You know, the goal is to accumulate as much BTC as I can because you know, once the game of musical chair stops, you better have a seat. And that's analogous to the global monetary system. You know, once all this comes to a head, I want to have the hardest money available and that's bitcoin. Also, I also take a look at money that I want to take out in terms of stable coins. You know, we do play four year cycles. I do believe in the cycle theory. So ideally you don't want to be holding all these alts during massive downtrends. I mean you can hodl for five, six years and do very well. But ultimately if your goal is to accumulate as much bitcoin as you can, or if your goal is to actually benefit your real life in a way that you can, you do want to take profits. So for me, being able to take profits in bitcoin but also into stablecoins and then using that money to, you know, for other investments or other purposes is another benchmark for success. For me, this cycle has been very difficult to really glean because we didn't have that blow off top. So it's been very difficult for me to really identify what the top was of the cycle. The top may have already occurred, in which case I'm gonna have to reevaluate what I do moving forward. But all these projects that I mentioned, I got in so long ago that I'm still in profit on everything. And those that I did not.

You're saying that you did not sell part of your bitcoin or crypto stash when we touched like $65,000 or $70,000, you did not sell, Is that, is that right?

I did not. I did not sell my btc. No. I've, I've. I've maintained my BTC holdings. Now, that could be a mistake. It could ultimately turn into a mistake. If you're looking at it from a four year cycle theory. You know, you don't want to be holding necessarily when it goes back down to 30 when you could have sold it at 60, but I had no reliable benchmark at 69 to really know that that was the top. And honestly, this four year cycle theory that I've been following was almost to a T. We're about four months. Four months away from really achieving the timing band that I had. So again, I'm happy to hold because I believe it's an exponential market. And exponential markets will reward you for holding. I'm not just holding for the sake of holding a lot of diamond hands, people. There's a method to my madness. Right. And I'm playing a four year cycle theory may or may not have turned out the way I wanted it.

Did not see enough evidence to, to support the TE as well. This might be a top. I want to sell like 30%.

No. So I, I saw Evan, I took some of the, you know, the froth out of my altcoins back last spring. You know, I took froth out of Zilliqa earlier this. This, you know, last month when it, when it surged. I've taken profits on my alts into btc. But back at. Back last year, I didn't see the writing on the wall of a blow off top. Now you could say there might not be a blow off top the cycle. Okay, fair enough. But if that's the case, the bear market might not be as protracted as we've expected in the past. So I'm still happy with my holdings. Obviously not every decision you make is gonna be the right one, but I'm holding assets in exponential market, whereas I could be holding cash. I still have cash, but my crypto holdings are intact right now. And I, I don't reg.

Muted. Ben, you're on mood.

Still muted, my friend.

So I have.

Do you think that the.

Dude, do you think that holding 1% in some, some coin is gonna help you? Like, shouldn't you be concentrating four or five altcoins instead of diversifying so many?

Yeah, I think so. I mean, I don't like to spread out too thin. I think my allocation to alts is pretty conservative. You know, outside of the Ethereum and Bitcoin, like 8% maybe of my personal stash is in these, some of these more speculative alts. But I think of the names that you saw on my list, many of them are viable projects that have existed for a while, but you don't want to spread yourself too thin, you know, because putting like 200 bucks on something, you know, isn't really going to, maybe it's not going to make you the gains that you envision in crypto, but you know, I've been fairly conservative on that respect. But I think my, my picks are mostly a viable projects, even in the 1%.

And do you think that there might be an extension of that four year cycle? Maybe it's kind of throwing off your previous projections?

Well, there's, there's, there's two ways to look at it. There's the, there's those who say the, like the cycles are lengthening and they very well might be, but they're also. What we could see is we could actually see the four year cycle end this year as expected. And then the next cycle is going to be a left translated cycle, which means we might see a very early rally in the cycle followed by a longer consolidation. Some of the work of Bob Lucas shows that, and I think that it's a, it's a possibility, especially as adoption continues. But I think right now we're beholden to other risk assets. And I just think that there's some strong correlation right now in the market that is going to be harder to break in the next three months. So we'll see where it goes.

Oh, you're still muted. Benton. Working. How are we gonna go on? You can't even present your, your portfolio. What's up with that?

Can you hear me, guys?

Oh, there we go.

All right.

Whoa.

All right.

The 1% of your portfolio, Sam, how do you like to manage that? Interchanging them, swapping them out, catching the ride. What do you like to do with that 1%.

Always interchanging. I've taken some of the projects out. I mean I was invested in Synthetics. That was probably my worst performer. I took. I cut my losses on that one. Really the only bad performer I've ever had has been Synthetics. Other projects I took profit on a while ago xrp before the. The whole, you know, the lawsuit came into being. Took profit on Ren Kyber Network. All these different projects, flew them into Bitcoin.

Very good network. Excellent insights. Awesome. Thank you for sharing your portfolio reveal today. Sam, always such a studious time listening to Sam and some of the information he has to tell you about why he's doing what he's doing with his portfolio. Love it, respect it, love to see it. All right, so moving on. Next we're gonna get into my portfolio reveal. So Danilo, let's go ahead and jump into this one. All right folks, to a little surprise here. 60 or. I'm sorry, moving on to my portfolio. Just over 35% of my portfolio is allocated towards Bitcoin. Why Sam gave you some reasons. Some of the hardest form of money on the face of the earth. Now looking to where I may differ a little bit from Sam is yes, I am also allocating a lot of eth. But as of recently in the last six months, my Luna position in my portfolio has overtaken the ETH position. What I like to do is dollar cost average my Bitcoin and Ethereum positions. But over time Luna has overtaken the ETH position inside of my portfolio. I see those folks chiming in and chat here. Lots of defi. Yes, of course. I am a big L1 guy because I like to invest in long term projects. So that's where you get that Luna from. I'm a big believer in Luna and I'm able to get 20% returns just from staking. So that's a big, big, big upside of why that's such a big slice of my portfolio. Moving on to the next segment of my portfolio is Velas and Solana. Velis is a hard fork of Solana and is EVM compatible. I am super bullish on Solana. Even despite some of their technical glitches as of recently, they have huge institutional backers. And I believe that this project will compete with the much larger chains in the future. And that's another reason why I'm also doubling down on Velas. Because of the technology behind Solana being hard forked in using for Velas. I think Velas is under the radar and it's Even though it's a bigger portion of my portfolio, I am making a big bet with that particular position. Moving into the last 5% of my portfolio. I am a believer in the layer 2 polygon, Axie Infinity, Atom, Avax and In Cash. For me, Axie Infinity is on the chopping block with the recent hack of the Ronin chain and some of the tokenomics issues we're seeing with Axie Infinity. I did want to have exposure to the play to earn gaming space, but I am constantly kind of reassessing my Axie Infinity position as it has been declining steadily over the last last six months. So for me, I am going to be assessing what other plays I can make inside the play to earn space. I think that's going to be a big theme for 2022 and years ahead. We are super early in the play to earn space, so I may be cutting my losses when it comes to Axio Infinity. I know Jordan was able to show me the Cosmos ecosystem and Avax, which are two ecosystems that I'm super bullish about. In Cash for me is a very nascent project with a lot of upside considering they're trying to compete head to head with Helium. So for me, those are where my portfolio falls in regards to some of my positions.

Is there a reason you like Veil this more than Solana? If they're the same tech, this seems like a lot more money is being put into Solana. It might have a better benefit in the long term than Velas.

Yeah. So for me, I think the EVM compatibility is, is really what kind of separates. Even though there's not the same amount of backing in the Velis ecosystem, Solana is actually supporting the growth of Velis. So for me, I am bigger in that position because I think it has more upside considering that Solana has kind of already had its big pop.

Can they switch? Do you know if Tokens will be able to transfer from Vilas to Solana? Like so if they can go from Ethereum to Vlas and then from Villas to Salon, I can see why Solana might back Vilas in that regard.

That is a good question. I do not know the answer to that.

Seems like Ben, that Luna position is doing really well. I'm. I'm assuming that the, the price, the price growth has allowed Luna. Luna to become a bigger part of your portfolio. Or are you still cost averaging into it? Are you still buying it or it's just been such a massive outperformer for you?

Yeah, Luna was a position I got into about halfway last year. And that has just like outperformed. I think I got in right around like the 50 mark and that one has been just kind of like all upside ever since. And so since I am staking that, I am staking a lot of these assets but with that 20% constant return, I think it's just helped compound extremely considering the price fluctuation as well.

So I see that none of you guys so far have Binance BNB on the wallet and yet it's the third largest coin by market cap and the third largest largest coin by tvl. So any reason for that?

Yeah, so BNB was definitely in the bag. What happened over the last four months was I consolidated a lot of my positions. I used to be exposed to a lot of other tokens, but I think assessing some of the risk in the market, I decided to consolidate and really narrow down what I believe will be the long term performers over the next year or two. So for me I went ahead and took my profits out of BNB and rolled them into other assets such as ETH or Solana. So for me I'm not as bullish on BSC as I am with Avax or Cosmos or Solana. So I went ahead, I think BNB chain has seen its days and so I went ahead and repositioned into other chains that I feel like have higher upside.

Yeah, I've had my own little room journey with Binance, John. Remember by seeing Binance like $2, $10 in 2018 and even missing some of the big rallies at this point I'm like, I'm not buying that for that much but I missed it back then. And my experience with different dapps, like there's a lot more scams on bsc. Like I just don't want to be involved with that. Like I haven't found in too many like solid projects that are like on the Binance chain as opposed to other chains. So if I'm not really using it that much, I'm not going to be holding too much of the token. Even though I do think with the Binance exchange and everything in its ecosystem, it probably do well. It's just not something that's high on my list of priorities.

And something too, I kind of want to reiterate is a lot of these I'm either staking or acting as like a validator. So I'm constantly earning APYs on a lot of these. And so it's not just like I'm sitting these in a, you know, a wallet on an exchange and just hoping for price action for Me, I do truly view these as a long term investment that I'm also earning APYs and yielding returns on that are then compounding on top of that. So despite, you know, price dips, I do believe that in the long term, with a lot of the APYs and some of the protocols that I'm staking these on, I do believe that in the long run they should pay off.

And Bitcoin being at $40,000 or $60,000, does it change your composition of stablecoin or altcoins versus Bitcoin and Ethereum? How does it influence you?

Yeah, so for me, I'm a little bit different than Sam in this respect. I am scaling out a position. So when we're at 60k, I did scale out into stable coins where I sat on a lot stablecoins. As bitcoin reaches like the 50k level, I will start to scale out of my position into stable coins. What happened for me, why you don't see any stable coins in my portfolio is that as we the market has dipped, I have gone ahead and deployed a lot of my stable coins into some of these positions. So I am viewing bitcoin as a long term hold for me. But there will be a certain percentage of my portfolio that will take profits on as prices can, you know, continue to rise in the long run.

Yeah, it's important to keep in mind for people who are watching and it's like, well, you didn't get out at 69,000. What's wrong with you? Well, the capital I have allocated to bitcoin and crypto, I don't need that capital right away. If I needed the money right away, it would be a different story. So you got to keep that in mind when you're allocating into crypto. You don't want to bite off more than you can chew and then be underwater. And then the psychology of trading ends up destroying you afterwards. Right.

Exactly. I, I think it's also important to note, you know, having a little bit of risk inside your portfolio to give you some exposure to, you know, potential 100 x's, 200 x's etc is good. But also managing that risk into the more Stalworth cryptos like the BTC, the, etc. Is kind of like the mainstay for those kind of just jumping in to crypto is start with Bitcoin and Ethereum, but good deal. All right, well, I know Jordan has an exciting portfolio to show us today, so we're going to go ahead and hand it over to Jordan. Why don't you go ahead and reveal to us what is inside your portfolio today.

All right. I'm gonna definitely be a little bit different than my counterparts here. I'm not such a big bitcoin ethereum maxi. And a lot of my portfolios actually comes from, I think. Who is it, Marcel? Somebody mentioned earlier, like, don't just put 200 in a token because you're not going to get much of a gain. So I kind of taken the approach of at least putting a thousand dollars into any project that I want to invest in, sometimes $2,000. And most of these projects, especially ones at the top of my portfolio, are the result of less than $2,000 worth of investment. I think the biggest one actually that I put the most money in was probably litecoin, which was this a mistake? Right? So, yeah, Theta token, my biggest holding. That's theta token plus the T fuel token. It's a gas token. And that the interesting part about the T fuel is I got that for free just based on the theta that I held way back in the day. So that's nice. It's always. I love crypto money and the free money we get. So Theta token and T fool together make up about 12. And again, I have taken profits. I did take some profits on my Theta when it was 14. I still held some and it's still at the top. Dogecoin, again, I've been a dollar cost averaging dogecoin probably since 2018 on Robin Hood, even if it was like 15 a week. And that went from like.001 to.74 when I took profits last year. And thank you, Sam. I do. I took profits and I bought a house. So I'm not all. I don't just shuffle my crypto around to crypto because that's a good way to like lose, lose money. So, yeah, Dogecoin and they are there. And again, those are less than $4,000 total that I put in to make the biggest bulk of my portfolio. And I don't really. I haven't transferred those into something like ethereum or bitcoin. You can see them at 7% because I'm not too hot on those. I think that the potential for these to continue to go up. I do think dogecoin will easily surpass $1 eventually. So I'm just holding those and I eventually will sell them for that. Matic and Cardano. I like matic just as a layer two for Ethereum. Again, I don't think that the ETH 2.0 and all that stuff is really going to do much so we're going to need the layer twos that offer lower fees. I've talked about Matic in the past. It's one of my favorite layer twos. Cardano again I. I accumulated my cardano like $0.03 so people that are complaining about it now I'm like yeah, it's gonna keep going up at least in the future because it's got some hype behind it. There's Cardano fanboys and whatnot. So that's a, that's a solid pick to at least increase over the next few years and you see some projects moving over there. So I think that there's, there's more to Cardano than a lot of people think. I talked about Bitcoin, Ethereum and those are just kind of more stable holds. Those are my conservative plays I guess. Polka Dot and Kusama I I like I got in early before Kusama. I think I picked up my Kusama around $5 so I like to get in early on those ones and kind of wrote up the hype of the. The parachain auctions and sold some of that too but still hold. I've talked about Algorand in the past. I do like that one. That's one of my dollar cost averaging still again a lot of these you can stake which are know Benton mentioned that's one of the big pulls for me I think.

Yeah.

Maddock, Cardano, Polka Dot, Kusamo, Kasam, Cosmos, Algorand, Salana and and not Chain Link yet that's the. They've been the chain. The sticking is coming for Chain Link. Right. But that's a solid pick. Oracles are going to be needed. Benton mentioned earlier is like why isn't that a bigger thing? Like data is the big thing. I'm like I know right. But it's not sexy. So but just get exposure to things like Chain link or a graph and you can see my 2% club. Those are just all tokens that I hold. I. I've hold for a long time. I like I put in some money and they popped last year. I can get into the deeper if you guys want to but yeah I like I'm an altcoin altcoin trader ever since I got in 2017, 2018, the ICO craze. I would buy bitcoin and transfer it so I could buy something else. So I've kind of stuck with that mode but it works for me.

So Jordan, how do you. How and when do you decide to take profits with like kind of an extensive portfolio like you have.

Well, that's, that's been the more recent evolution of my own strategies. People wait for the blow off top and stuff. And though if your token moves, especially if it goes parabolic, it's. It puts on like 100, 200% gain. Take your profits like I get. Kusama is the best example from last year. Kusama, I think peaked out in March or April of last year. Like 600 bucks and it's never gotten up there. So when you get these exponential moves and in your token I would take profits and either holding a stable coin, rotating the bitcoin or Ethereum if that's your game. And if you really like that token, you could wait for the pullback and buy back later. But yeah, watch for those exponential moves. Big candles up in your token. Take a profit.

I see Vikram training. He says, Jordan, hit and run, take profit, enjoy life, buy goodies. So good on you.

That's why we're here, right? Like the whole holding on your cryptos for 10 years while you watch the roller coaster rides, it's exhausting. I. I used to be a therapist. That shit's stressful. Guys like taking profits.

So how exactly did you end up on. On Teta? I see right now it's your biggest holding. But you explained us that you bought it cheap and the price went up and. And then you also got some theta fool for free. But how was the, the decision process to choose that coin specifically?

Well, that was back. So we're again, this is 2018 when Theta really came out, where all the ICOs we're talking about actual use cases, streaming video, things like YouTube were one of. Is one of the biggest, most popular things in our world right now. So I kind of went like that about people from YouTube and there's even you throwing a little woo woo and there psychics are saying that this is going to go up over the years. Like multiple psychics, remote viewers, that's one of the side of it. But I like the tech part of it. I actually started getting involved with the Theta community back then it was more sliver TV which focused on gaming. They had live streaming and stuff like that. And gaming, esports and stuff like that is a big sector of our global economy as well. So that kind of gave it a base value to me. So I, I thought that yeah, fortnite and those types of games are not going to go away. So this whole ecosystem built around streaming and video gaming is what you what interested me in the beginning. And now they're going into NFTs and stuff. So go ahead Sam.

You know, we're at eight and a half percent inflation. You know, U. S debt is 30 trillion. We're seeing monetary phenomenon that is really kicking the can down the road to the point where, you know, the global economy is heading into some very, very dangerous waters. Fiat money is probably not going to last over the long term. You know, we were talking offline about my opinion that stable coins could be the only way to save the dollar dominance. Separate subject. But in this environment, are you at least thinking maybe that I should allocate more to bitcoin in the sense that it's a sound money alternative, maybe a hedge against all that's going on in the world? Or are you still keen on doing what you're doing now and maybe using the, the fiat to turn it into more property for example, or outside assets, not including bitcoin or crypto. What are your thoughts on that?

I have started moving more towards this. Like if they, if I do get a big pop in some of my tokens, I will probably put it more into bitcoin and ethereum, just more because of the institutional and just the, the large level backing and paying attention that those, those tokens are getting paid attention to. But at the same time I'm more focused actually on paying off any kind of real world debts. I bought most. I have a little bit left on the house to pay. Stuff like that. I, I don't, I'm not too sure what's going to happen in the future. Like I don't, I'm not certain that this is the right thing or that's the right thing. So I just kind of make sure that the life I'm living now is comfortable. I do put a little bit into the bitcoin and ethereum but I think some of the altcoins are still going to continue to pop and even in the future, every cycle of new altcoins are going to come up and really just see exponential gains and lose a lot of them. But I want to be able to make sure I can play that game by paying attention to the altcoins. But yeah, I'm getting as I get older, a little bit more conservative and putting some, some, some profits into bitcoin, not so much ethereum.

But what you're saying is you have a life outside of crypto. How dare you.

Yeah, I know, right?

Well, well. So Jordan, I, I guess like how do you like to view getting involved with stablecoins? Like are you flipping profits in the stable Coins? Or you're saying I like to flip my profits into, you know, the BTCs and ETH.

No, mostly it's been into stable coins lately. Like, just, like, similar to you, I had quite a good stack of stablecoins saved up, and then like, this market dip, and I'm like, oh, there's new projects to get. I think I got in on some Moonbeam or Glimmer Glmr for Polkadot. So there's nice projects out there I'm starting to enter into, and I think it's a good place to be. And again, I haven't put too much money into Bitcoin or Ethereum. I don't know, it's just not my flavor.

It's too sound. It's too sound. Give me. Give me all the Degen stuff, Jordan.

That's right.

Good deal. Well, thank you for sharing and revealing your portfolio today. Pretty fascinating to see how everyone's approaching and assessing how they want to get involved with the market. I know. Marcel, you're probably 100 Bitcoin, right?

Yeah, I would say, like more 150.

But.

Hey, man, gotta love it. All right, well, are there any.

Arguments against what?

Are there any altcoins that you do like?

But I like the shitcoin perp from FTX with is a basket of 50 altcoins. So if I would use altcoins to gain additional exposure to crypto, which I don't think it's worth because it's already too volatile, I'll use the Shitcoin perp. It's a basket 50 coins.

Good deal. All right, well, we were gonna.

As I said, I do believe in the decentralized applications ecosystem. I think it's going to grow like 220 times in the next five years. I just don't know which is going to be the winner. Ethereum, Avalanche Phantom. I have no capacity to tell you that. So by buying a basket, I get safer.

Renee Montenegro is saying, colossal crash is imminent. Guys, fake out pumps. Sorry. I don't know. We're gonna see.

Like Sam said, we're in that 6,000 to 3,000 range. Like, oh, we could get that gut punch Boom boom range from hell.

Yeah. Well, we're going to give you two tokens. You should have been watching this week with our Market Pro platform tracker. We're going to be tracking Vortex scores and news quakes. So let's go ahead and get into near protocol this week and why you should have been watching in this one for those. Let's go ahead, I guess. Danilo, run it Back Markets Pro Time. Well, newsquakes are those automated alerts that instantly notify users when market moving events happen. This week we're watching Near Protocol because this news quake was an announcement of an upcoming listing of a near spot market on crypto exchange FTX. This happened on April 18th. What happened? Well, when the alert dropped, near traded at 1525. In the next 11 hours it reached 1690. That's adding a 10.8% gain. That little automated alert will save you sometimes and be able to get you into the action early, fast and quick. That's what happened here with Near Protocol this week with our next token that was on the radar tracking on the Markets Pro platform. This was Ren. This token's been around for a minute. And for those familiar with the Vortex score is comparison between its current market conditions and social conditions of that in the past. And scores around 80 are considered confidently bullish. Scores around 30 historically bearish. And so what happened with Ren? Well, Vortex score hit the green zone for most of the day on the 15th and it reached 83. However, it wasn't until two and a half days later that this bullish trading conditions materialized in a significant upside. On April 18, Ren's price began to pick up steam starting from weekly low at about 30 cents and shooting up to about 36 cents within 24 hours. 20% gains, we will take those. We'll take that to the bank all day long. And when you're trading on Markets Pro, that's all we do is gains. So all aboard the gains train. Thank you Markets Pro. We love your platform. We hope you all are using it. And guess what, we're giving away a one month subscription to Markets Pro to you. That's right. Tuning in today. So make sure you drop in your Twitter handle to chat. That's a hundred dollar value that you don't want to miss out on. We're going to be giving away that at the end of the show, so make sure you stay tuned. And and if you haven't liked and subscribed to Cointelegraph YouTube, go ahead and do so now. We're here on Tuesdays. We're giving you those insights. Some of that info you can't find anywhere else. And if you haven't gotten swag from the store, the Cointelegraph store. I see Sam's rocking his Cointelegraph shirt today. Jordan's got his ETH shirt on today. We got the swag in the cointelegraph shop. Folks at store Cointelegraph, go ahead and visit that because we got the swag, the co crypto swag. You want to stay up to date, you want to show up to the parties with all the crypto swag. We got you store.cointelegraph.com so Adrian, I think we're going to do a poll right now. We're going to see what folks thought about folks portfolios and I don't know if we can include Marcel as well for all the bitcoin maxis out there and the FTX derivatives. Adrian, let's include Marcel in that today. Let's have some fun with it. And folks, I got a question for you though. What are we buying during this dip right now? I'm going to kick this off to Jordan. Tell us what are you buying during this dip? What do you got?

Oh man, I'm g. Have to go look at the chart right now.

I think I.

Like I said I did pick up some. Was it Moonbeam, the glmr a week or two ago? It seems like a. Yeah, like I think that polka dot ecosystem is going to start rising. It's a good one to get on now. It's been kind of lagging for the last year, but.

You heard it here first. Sam, you got your eyes on anything in particular during this kind of consolidation phase we're seeing in the markets?

I'm. I'm fully allocated my bros. I have some more cost averaging I'm doing, but I am starting to look at the gamefi sector more closely and then later maybe the social sector as well. The social token stuff. Those are the two that I'm kind of angling toward right now. But I haven't made any definitive splashes. A side of what you saw earlier.

I see Elijah tuning in today. Love the L1 tokens. That's right. That's been my bread and butter. Huge fan of the L1s. Like Sam said, I've been hawking the game 5 space recently, looking to make a few moves, maybe cut my losses with Axie Infinity. We will see what happens in that. I think we're very, very early in regards to Metaverse and, and gamefi this year. I think one of the big trends, like I said earlier, is gamefi. So I'm going to continue to do a little bit more research and hopefully bring you all some of my nuggets that I find during this dip consolidation phase, whatever you want to call it. People are looking around right now and trying to see what's, what's the next trend. What's going to pop off Next? Is it L1S. Is it L2S? What do we got? Who knows? Any other, any other projects or anything that we should. Themes that we should be tuning into for, for 2022.

I just want to see what you guys think about Bridge. What about that Stefan Stepn project? I keep seeing it pop up like in the front page of Corn Market Cap. It's like a play to earn, where you get paid for work, exercising and stuff. Have you guys looked into that at all?

Oh, is that the one that Blondish was, was sponsoring? Maybe.

I don't know. It's st.

It's like attached like a accelerometer and you earn tokens by moving.

I'm not. That might be it, I'm not sure. But I don't know, I just see that one popping up. I don't know. We'll see. This might be one of those fads that come every like little cycle, a little recent fad.

Well, we didn't talk about those NFTs guys. How much of that is in your portfolio? That's what I want to know.

They don't, they don't hold their value.

Or how much is it worth right now? Because.

It'S true, it's true, it's true. All right, we got the poll. It's up live. Let's see. Oh, we got the all the above option today. So make sure you're casting your vote in the poll today. Let us know what you think about, about these portfolios and some of the logic behind what we're doing, the method behind the madness for what we got inside of the bags and we are the bag holders. So guys, I want to hear when it comes to other themes inside of 2022, where do you think we're heading next and what do you think is going to be kind of coming out of left field? What, what is kind of the dark horse that you think could, could happen during this year?

So I can start here by remembering folks what is happening to real estate, commodities, oil and gold right now? It's at all time high and soaring. There's non stopping for those prices. So when you think for a minute, where the hell is gold, where the hell is oil? What the hell is real estate rising? It's because people are afraid of the money in their bank accounts either getting taxed or getting devalued by government printing more money. So scarce items are getting costier. And someday, I don't know if it's one day, one week, one year, five years, people are going to realize that Bitcoin and Some other cryptos are effectively scarce and they're going to understand that, okay, okay, maybe I need some insurance, Even if it's 10% of my money out of the government's hands. Because when you have real estate and you don't pay taxes, the government can take it back. When you have gold stored in a vault somewhere, the government can go there and confiscate it. They say, well, you didn't pay tax here, so I'm getting your gold from the bank vault. And the only thing they cannot take from you is cryptocurrencies, especially the decentralized ones. So I think we're starting to get governments agitated and we're starting to get higher inflation pressure. So, yeah, it could be maybe not the year, but the decade of cryptocurrencies. I'm saying moving from $1 trillion, $2 trillion to $100 trillion, $200 trillion, like doing 100x in five years. I think it's possible.

Yeah. Inflation has really probably been the biggest seller of cryptocurrencies, at least for the people that I know. Like, people for years kind of just ignored me on talking about Chris Brown. Like, their gas starts going up, their eggs and milk start going up, and they're like, hey, Jordan, can you tell me some more about that crypto stuff? Because I'm like, yeah, I just cash out my cryptos and I put my USDC on my Coinbase card. And that's made my life so much easier over the last six months compared to, ha. Most of the people I think talk to. I haven't had to worry about it because I have this nice little stack of cryptos that I can just use if I need to. So we're, we're like, we're headed up and there's like, I've seen that the, the video at the beginning just showing all the announcements. Could you imagine some of those announcements back in 2018, what that would have done to the market? Like, we just kind of poo poo it now and don't even pay attention. But some of those announcements are the biggest announcements of the year in 2018. And that the fact that it's become so normal, normal now in crypto is just, it's telling me how, how bullish we are actually moving forward.

I think the biggest theme is going to be outside of crypto this year. I think it's on the monetary front. I think it's inflation, I think is what's all that's happening, creating more of a use case for decentralized currencies. Decentralized, essentially separating the money from the state. And that's why I think we're in an exponential market. I think in the short term, the inflation pressures, the correlation with stocks, you know, the bots trading crypto like they trade stocks will probably lead to some downside. But I think that overall, this is the decade of crypto, as Marcel mentioned, and having a 10x isn't out of the, out of the question. Probably a lot shorter than people think in terms of time, time, time horizon.

Every 10 years there's a new revolution. We saw it with the Internet, saw it with cell phones. Now I think we're seeing it with crypto. Don't forget, folks, we are very early. If you're watching this, you're early. We're all early right now. So is this very young, young industry, technology. It's being nurtured, it's being flourished. We're going to grow this baby together. So happy to have you all tune in to the show today. It looks like our vote is just about to wrap up. I'm going to go ahead and give this to Sam today with 42% of the votes. Congratulations, Sam, with your portfolio. A lot of the folks watching today really liked your portfolio. So that's great news for Sam. For those dropping in their Twitter handles, go ahead and do so. First person to do it's going to get a month free of Markets Pro. If nobody drops it, then we'll just give it to, we'll give it to Jordan or we'll give it to Sam or Marcel. So go ahead and drop in your, go ahead and drop your Twitter handle in the chat. First person to do it's going to win the Markets Pro subscription. Great to have everyone tuning in today. Any closing thoughts for today's show?

As I mentioned earlier, exponential market, you know, it's easy to on what I've done and not sell a lot of my positions. But again, you don't want to invest more than you can actually stomach in terms of volatility. Don't be investing money that you actually need to use to fund your lifestyle. If you have that separation intact and you have good cash flow, you should be fine. Exponential markets require a little bit of patience. But I think the theme that I'm investing in, that we're all investing in, I think is heading in the right direction. We're investing in a major theme. It's a monetary theme. It's an extra economic theme. Web three, all of that. We're right in that right spot. So I think it's going to be a very bright future regardless of the next volatility. We're going to see the next three to six months.

There is life outside of crypto. Don't make it all of your life about crypto. There's enough stressful events in the world outside of just the cryptocurrency market for us to be like, let's not, let's not add stress. Like go sit at a beach or in the sun or just somewhere nice and listen to some nature for a while. And don't look at your crypto portfolio.

I want to highlight something that Benton said. I want to stress it out because it's way important for our viewers. You're not 10 years late into crypto. You're 10 years early. Believe us, we've been here for four or five years or longer and we can see that adoption is still doing baby steps. Once government starts being more aggressive in terms of printing money or seizing control of people's assets, you're gonna see Those cryptos skyrocketing 100x in a single year. So yes, you're really earlier, Benton was 100% correct.

That's right. We're all early. We're all happy to have you here. One little thing, though. This is the express personal opinion of each panelist. This is not sponsored content or this or these, the opinions of cointelegraph. This is also not financial advice. So please do your own research and look into the projects that you are potentially investing in. We appreciate everyone for tuning in today. Looks like nobody wanted that one month subscription today, but that is okay. We will come back next week to be able to drop that knowledge on you for Markets Pro. We appreciate everyone tuning in. Until next time, over and out. We'll see you next Tuesday, 12pm Eastern. Like and subscribe Coin Telegraph. We're here on Tuesdays. Later.

Bitcoin baby.