Alright, guys.
Welcome to BitBoy Crypto!
My name is Ben.
Today, we're going to be updating our portfolios.
We're going to be adding a few things to our portfolios today.
Just--
we got these new digital whiteboards.
They're pretty sweet.
Alright. So we've got our $25,000 portfolio.
Right now, it's worth $21.7K.
We got our $10K portfolio.
It's worth $8,500.
You got our KuCoin ISO 20022 coins $5,000 portfolio coming in at $4,600.
And our $1,000 portfolio down to $837 right now.
Now, look.
They're down about 15% on average.
If you will.
Not too terribly bad,
considering the contagion and whatnot.
I now have been saying I actually beli--
I'm leaning more towards the fact that we've hit the bottom now.
I believe that.
It's not guaranteed.
And, you know, one thing you're going to want to do
is you're always going to want to have some stables,
so we're going to keep about 10% in stables.
We're going to go ahead. We're going to put some more in right now.
I think this is the right move for me.
I think the risk versus reward here is very good.
If we go into a spot where the market tanks,
we go to these crazy low numbers like $5,000 Bitcoin,
we're screwed anyways.
We don't have enough capital left to really be able to apply at the bottom.
We're just going to have to sit through and be patient.
I don't mind being patient.
So, okay, so what we're going to do here,
we're going to break down each of these portfolios.
So here's what we got in this puppy.
We got $7,800 USDC.
So we're going to be allocating all but $2,500 of this.
So we're going to be putting about $5,000 into some different coins.
And you can look here and you can see what we have.
We've got ETH, ICP---
the ICP we bought has been crushing it--
XRP, MATIC, ADA, Optimism, BNB, HBAR, ALGO, SAND, Aptos, NEAR and Filecoin.
So what we're going to start doing here,
especially because, you know, like I mentioned earlier,
there's a chance we couldn't end up going much lower,
we're going to put most of our capital in right now.
We want to look for opportunities.
I think this is very important.
So what we're going to do here is
actually we're going to take a look at CoinMarketCap.
And we're going to start looking for some opportunities
and maybe make some trades with some of these coins.
Okay. So what we're going to do is we're going to come over here,
and we're going to look at the 24--
or we're going to go to the 7-day actually.
We're going to go to the 7-day.
We're going to look for solid coins that are down in the red
that we could move over to these portfolios.
1INCH, Chiliz, down 11%
OSMO
Now, those really are hitting me hard.
But look here. We got Algorand. We got Chainlink.
These are two coins that are both down between 7% and 8.5% for the week.
Not a lot of moves.
Or sorry, 8%, about 8.3% on average.
And over the last 24 hours, not a huge move either way.
So we're going to actually take advantage of these two coins.
And we're going to put them in the portfolio.
We're going to split this.
So we're going to put $2,800 in ALGO,
and we're going to put $2,500 into Chainlink.
And we're going to see what happens.
We're going to see if we can ride this dip,
where these coins are down this week,
see if the next seven days, they can get a pop back up.
And then we can take some profits.
And we can start actually making some moves in these portfolios.
We've been patient.
We've been in waiting mode.
I feel like, right now, it feels a little bit like go time.
So that's what we're going to be doing to that portfolio.
Let's take a look at our $10,000 portfolio.
You guys can see.
It's down about $1,500.
We have $2,500 in stables.
So we're going to be applying $1,500 of this here.
Let's see if there's another coin that might hit different
or something like that if we look at it.
Chainlink, ALGO, ImmutableX--
I like ImmutableX pretty well.
You know, those are the only two, ALGO and Chainlink,
that would really fit what I'm looking for right now.
But I don't want to put all my eggs in one basket for all my portfolios.
So let's go ahead and let's choose two different coins
that maybe not down as much,
but coins that I like,
could potentially be long-term holds,
and they're at least down about,
you know, look at Cosmos right here.
It's down 5%.
It's dead even right now for the last 24 hours.
Down 5% for the week.
Let's run it out.
Let's put all $1,500 in Cosmos.
Let's see if we can get a big pump from that
maybe over the next week
and see if we can take some profits.
If it stays about the same,
we might actually, you know, split that up next week into something else.
We're just going to, you know.
We're going to be daredevils.
We're going to be daredevils right now.
Cosmos is a good project.
If you had to hold it in portfolio, it's not going to kill you.
So let's go and put $1,500 in Cosmos.
It leaves us 10% still in stables for next week if we had to have it.
Let's go to our KuCoin portfolio here with our $1K portfolio.
This one here,
I would say this is a great opportunity to add Algorand into this portfolio.
And let's go ahead and just only add Algorand.
I think Algorand has got a lot of upside because it's a great project,
but it's been down for this week,
and with this portfolio, we can't add a ton of diversity, right?
You don't want to diversify so much here because we've only got $1,000 to work with.
You don't want to have more than seven or eight coins at the most.
So, in this portfolio, what we're going to do is we're going to go and take $199,
and we're going to put that in Algorand in this portfolio.
We'll see maybe next week, we can take some profits on that.
A quick look at our ISO 20022 portfolio,
we're not going to be doing too much with this one this week
because, you know, this one is almost a set-and-forget kind of portfolio.
We do have some stables in here actually.
You know what?
Actually, we're going to add some more ALGO in here as well.
I mean, why would we not? Right?
Let's add $800 of ALGO to this portfolio as well.
So, look.
When we got coins that we like, and they're down big,
that's a good opportunity to load up.
That's what buying the dip is about.
It's not about the overall market going down and you, you know, buying this and that.
It's when you are buying in the red and selling in the green.
That's what you want to be doing.
So we're going to see if we can make some moves with this this week.
We'll go ahead and add that here.
We're going to see if we can make a pop off ALGO over a lot of these portfolios
and see, if next week, we can come to the table
with, you know, some positive trades and stuff like that.
So let me know what you guys think.
I do have a dollar-cost average portfolio as well
on this combination of Crypto.com and Trust Wallet and Coinbase Wallet.
I'll keep you guys updated on that.
It's going pretty well.
Sometimes the transactions aren't going through on the dollar-cost averaging.
Not sure why.
But that stack is growing as well.
I did remove those from Crypto.com and moved them over to those other wallets,
those hot wallets.
That way, if Crypto.com went down or was insolvent, which I don't think it is,
but if it did, that we are protected.
Always make sure, not your keys, not your crypto.
So alright, guys. That's all I got.
Drop your comments down below.
Let me know what you guys think about our new digital whiteboard.
That's all I got.
Be blessed.
BitBoy out.