Yo! Welcome to BitBoy Crypto!
My name is Ben.
Today, we are going to be talking about our portfolio.
Now, we're going to make some moves today.
Now, let me tell you why we're going to make moves
first and foremost,
because this is very important.
A couple of weeks ago, we were at $19,000,
and I wasn't ready to make a move.
And now, Bitcoin's at $20,500.
Now, it's been here for about a couple of days.
And there's a good chance it goes back down still, in my opinion.
However, there's a lot of data coming out,
there's a lot of things pointing to the fact
that maybe June was a capitulation.
Maybe that was the bottom.
I'm still sticking with I think we're still going to bottom by the end of this month.
However, for the very, very, very first time in this entire bear market,
I'm considering that maybe we already bottomed.
Potentially.
This still would fit around the idea of the 4-year cycle.
Now, what happens, basically,
you know, in between, you know, 12-14 months after peak,
you get bottom, okay?
Now, here's what's interesting here.
So, when you look back and you look at November,
okay?
November,
I think it was 11th,
that will put the bottom sometime in between November and January.
This will be November 2022.
This will be January 2023. Okay?
However, if you remember the way things happen,
we had this big spike for Bitcoin,
and then it went down.
It just spiked up slightly above.
This was $69K.
This was $64K.
There was a total of one day
where the price was above this number right here.
One day.
Next day, it shot back down.
And before you knew it, we were back below 60,
back below 50 and heading back towards bear market, okay?
Or towards a bear market.
So here's what I'm trying to tell you.
A lot of people believe the real peak was back here.
Okay. This was the real peak.
This was the real peak.
And this here,
this was what we called,
we came up with a term for this,
the false top theory.
False top theory is that this was not really the top.
This was exit liquidity for institutions.
They used this in order to cash out at higher prices before the bear market.
But this here was the real top.
Now, if this was the real top,
and this was in April,
and we go by our old handy dandy rule here of 12-14 months,
that would put the bottom being sometime between April and June 2022.
So this means we are looking at potentially there could be some causation for this, right?
To where it would still fit within the 4-year cycle.
Now, we talked a lot about this back when we were in this range.
Then June hits, and we shoot down.
And, you know, once again, it's a situation where
potentially that could have been the bottom.
And so if that is true--
now, look, I still--
I'm going to still hold true to what I believe,
which is I still do believe we get another bottom.
However, if you only operate in crypto under a pretense that you are always correct,
then you're going to fail miserably.
You're going to fail miserably.
You have to take into consideration that you could potentially be wrong.
So, what does all this mean for our portfolios?
This means even though we're higher than we have been over the last couple of weeks,
I still think it's a good time to deploy some of our capital on the sidelines
in case we are wrong.
Basically, what we're going to be doing is we're going to be adding to our portfolios.
We're going to be adding to our $1,000, our $10,000 and our $25,000 portfolio,
which, by the way, overall, between all four of our portfolios,
we are almost breakeven.
We're like $1,500 out of $41,000 we put in from breaking even.
So we're very close to breaking even right now,
which is good.
We never went too far below.
We haven't ever had really big losses since we've been doing this portfolio.
It's been pretty fun to watch.
Let's start with 100-- or the $1,000 portfolio.
We're not going to be touching the ISO 20022 portfolio, by the way.
We're going to leave it the same.
We made a move there last week.
With our $1,000 portfolio, basically, what we want to do
is we want to deploy--
we have $650 on the sidelines.
So we're going to deploy $250 of that, I think.
So we're going to take $250.
We're going to take $150.
We're going to do $150 into the coins we already have,
into ETH and into ADA.
Basically what that means is we're going to be doing $75 each into these.
So $75 each.
And then we're going to take the last $100,
and we're going to add our one major coin that we don't have yet in this portfolio,
which is XRP.
We want XRP in this portfolio, for sure.
In all my portfolios except for ISO 20022,
we want ETH, Cardano, XRP, Polygon.
These are the four that are going to be leading our charge
for the next bull run.
Obviously, they may not be the coins that perform the greatest
compared to some other coins.
However, they are coins we want in our portfolio no matter what.
So.
So that's what we're going to be doing with our $1,000 portfolio.
That still leaves us with 40% of our capital on the sidelines.
We still have 40% of our USDC on the sidelines.
So let's move to our $10,000 portfolio.
In this portfolio, we already have XRP.
We already have ETH.
We already have ADA.
We have Optimism,
which I think is going to turn into a really good pick by the way.
We are now up on Optimism.
We bought $500 worth.
It's at $521 right now.
And we already have Polygon.
So, what does this mean we do now?
Now, we start looking for coins to add strategically.
Now, a lot of people, they want to add coins at the wrong time.
They just feel like adding something, so they go and they get it.
They don't pay attention to what it's doing right now.
What I've done is,
actually, over here is I have taken--
see this little Easter egg?
It was on the board the entire time.
All three of these,
Aptos, NEAR and Quant,
these are all coins right now that are in the red.
They're all in the red today.
So since they're in the red,
it may be a good time to pick some of these up.
Obviously, some of these have a good run.
Aptos,
this is a little more speculative.
Just to be clear with everybody,
I own zero Aptos personally, or corporately here.
We've never bought Aptos before.
I believe FTX played a big role in dumping it as it launched.
But this is the future of layer 1 protocols.
Aptos--
and there's also a coin SUI.
It hasn't released yet.
But this one also is a layer 1 platform that's going to do very well.
Aptos and SUI are going to both do very well.
So we're going to go ahead-- in my opinion.
So we're going to go ahead,
and we're going to add a combination of these three coins
to both our $10,000 and our $25,000 portfolios.
So in our $10,000 portfolio,
we don't have a ton of coins in there.
I'll read off to you guys the ones we do have.
We have all four of the major ones plus Optimism.
We have $5,800 sitting on the sidelines.
So we're going to go ahead, and we're going to deploy $2,800 of that.
We're going to deploy $2,800.
And that is still going to leave us with once again $4,000 worth of USDC.
So once again, we still have 40% now on the sidelines.
We've now gotten into where we're deploying more than half of our capital.
So what we want to do is we want to look at, what do we have here?
So we have one full ETH,
we have XRP $618 worth,
and then with ADA, we have $570.
Let's take $1,500 of this,
and let's deploy $500 each into Aptos, QNT and NEAR.
Now, all three, these are projects we'd like for the bull run.
So these are not just random coins that were down
and we're getting them in the red.
These are projects that we've already targeted.
We think these are going to be good projects for the bull run.
So we're adding them in right now.
One of them explodes, does really well, we can take some profits.
So that is going to mean that we are going to have $1,300 left.
Let's just start deploying this to the projects that we like here.
So let's say let's do $433 each into XRP, ADA and MATIC.
We aren't going to be adding any more to our ETH
because we have one full ETH there.
So we have the most in that that we have in anything.
This $433 will start catching that up.
I'd like to have all of these,
these plus, you know, plus ETH,
I want to have all of these kind of where they're all about generally the same,
the same amount of allocation,
because I think they're all going to do well.
They're safe picks. These are all safe picks.
Keeping all that in mind, we're going to basically go through
and we're going to do the same kind of process with our $25,000 portfolio here.
$25,000 portfolio, we're going to want to leave at least $10,000.
That gives us actually here, we have about $5,000.
We're just going to say $5,000 to play with.
And we're still, for all three portfolios,
we have 40% of our money still on the sidelines,
waiting for a bottom or a confirmation that we are going up either way.
Let's go ahead and take $1,500 worth of this.
And let's go ahead and basically buy another ETH.
That'll put us at like 2.5 ETH on this portfolio.
So that's pretty good.
Let's go ahead and take $1,000.
Put it into XRP.
Now, I want you guys to keep in mind,
when we're looking strategically to add coins,
you want to add them in the red.
We want to be adding more of these major coins to our portfolio.
I'm not really-- I don't really care if these are up or down today,
if that makes sense.
For the major coins, it doesn't matter as much.
As long as they're not, you know.
If Ethereum was up 60% today,
then, yeah, probably it wouldn't be a good time,
but I think it's up, like, 15% on the week.
But once again,
if the market starts moving in the right direction,
there's going to be an explosion of everything.
So it would continue to go up is my point.
Let's go ahead and do $750 in Cardano,
$800 into MATIC.
We'll go ahead and just make this $5,050.
And we'll go ahead and add $1,000 worth of another project.
We're going to pick two of these and do $500 each.
Quant has already, like, absolutely been ripping for a while.
So we're going to add Aptos and NEAR to this.
So we're going to do $500 each,
Aptos and NEAR.
So there we go.
This is what our portfolios look like.
Of course, at the end of this video, if we haven't already,
we'll be showing you guys all the portfolios on the screen
so you can see what they consist of.
At least before the video next week, of course, these will be added on.
We'll do that today.
Hey, I hope you guys enjoyed.
This was exhausting.
That's all I got.
Be blessed.
BitBoy out.