👋 Hi crypto enthusiasts and fellow investors!
Today, I want to tackle a topic that’s close to my heart - the simplicity of my investment portfolio, and why "boring" can actually mean "booming" in the world of investments.
My Public Crypto Portfolio
CryptoExplorer Pro members know, my portfolio consists mainly of Bitcoin and Ethereum. You might have noticed that not a lot changes month to month. That’s intentional. I carefully analyze the market, make informed decisions, and only change course when absolutely necessary. In the current market, staying the course has proven to be the most effective strategy.
For Pro Members who’ve been tracking my public portfolio, you've seen its growth from the start 1.5 years ago. The journey underscores the fact that a simple approach doesn’t mean inadequate gains. In fact, there are individuals who traded five times more frequently and ended up losing 60% of their capital during the same period. Also a lump sum investment of Bitcoin would have resulted in a 40% loss. That’s why we do S-DCA!
So why is boring in investing a goo idea? Here are multiple reasons.
KISS (Keep It Simple, Stupid)
I’ve always believed in the KISS principle, especially in the world of crypto where you use numerous exchanges, multiple wallets, and various platforms. It’s easy to lose track of your assets. You don’t want to lose part of your crypto just because you have no idea where it is (trust me, I’ve been there :D). A simple, organized approach not only aids in effective management but also ensures that your investments are safe and accounted for.
Current Market Phase
Here’s something to chew on - most coins that soared during the last bull market didn’t budge until Bitcoin made a 6x. So, if you’re worried about missing out or being "left behind" by playing it safe now, rest easy. The biggest gains often come later in the game, and being cautious at this stage is far from a losing strategy.
I covered all this in more detail here:
Protect Your Capital
It’s human nature to get excited about the pontial of a 30x return, but the sad reality is that many lose up to 80% of their investment chasing this dream. Even if they hit that 30x, it’s on the remaining 20% of their initial investment, equating to an effective 6x return - not quite the jackpot they were hoping for.
I can't stress this enough – especially now, protecting your capital should be priority number one! Better to be safe now than sorry later. Patience and caution can turn a "boring" portfolio into a winning one.
Let’s Do an AMA (Ask Me Anything)
I value your questions and insights. Please reply to this email with any questions or topics you want me to cover. I will address as many as I can in the next edition of the newsletter and make sure that your questions are the focus.
In closing, a “boring” portfolio isn’t a sign of weakness or lack of opportunity. It’s a shield against market volatility and a vessel for sustainable, long-term gains!
Wishing you a fantastic weekend!
Cheers,
Stefan
Co-Founder of CryptoExplorer
My questions:
- Which tools do you use (exchanges, wallet, apps)
- Will you let us know when you think it's time to go into altcoins?