The last time I did a portfolio update it was December 9th. BTC was down 23% to $90k, and my portfolio had seen a drop of 44% over the previous five months. I had underperformed BTC.
Today, BTC is $66k (a drop of 27%), and my crypto portfolio is down around 20%. Great success!
We gotta take all the wins we can in a bear market, and outperforming holding Bitcoin is certainly something I am happy about.
In today’s post I will talk through my portfolio and the changes I have made on a macro and micro level.
In addition, I will talk through portfolio allocation outside of crypto. This is something a lot of people have asked me about. I’ll share my overall thoughts and what I think some good and best practices are, and then share my exact breakdown (spoiler alert: it is not exactly what I recommend to most people).
The largest change I have made is a clear distinction in how I look at my portfolio. I had previously ranked all tokens by my level of conviction (high/medium/moonbag), but I considered everything part of the same portfolio.
Now I have effectively separated my crypto portfolio into two buckets: long term holds, and speculative. I actually created my own portfolio tracker (thanks to the beauty of claude code) and also added tags so I can see how many tokens I have from each sector and what my exposure to various sectors looks like.
Man, AI is awesome. This took like.. an hour? to make. Maybe less.
Anyway, here’s what it looks like, I’ll share the unredacted version below and walk through some of my key holdings and any changes I have made since the last portfolio review (plus a quick update on the Yoshi token at the end too).
