So what are we working on, Ben?
We're working on our $1,000, $10,000, $25K portfolio.
Right now, what we've got to do is try to figure out what we want in these.
We're going to stay mostly stablecoins for now because I don't think we bottomed.
But we do need to start getting some exposure in here.
The $1K is hard.
I know that's where a lot of people are.
But when you're looking at keeping money on the sidelines,
like, how much money can you keep on the sidelines in $1K,
you've got to take trading fees into consideration and all that stuff.
And now, all of a sudden, like, let's say we allocated 30% of our portfolio,
and then Bitcoin goes down to $10K, which is less than half of what it is now,
like, now, all of a sudden, we've taken a pretty big hit.
Especially, we don't want to put the whole $1,000 in here and then take a hit,
and now we're to $500 portfolio.
So the $1K is going to definitely be the hardest one to manage,
which makes sense because, obviously, if you don't have a lot of money,
it's hard to make a lot of money.
$10K, $25K, I think is going to be pretty good.
What's the goal like?
Well, we want to get this one as close to a million as we can.
We want to get this one probably at least to $500K or more.
You know, $300K to $500K range.
I would love if I could turn $1,000 into $100,000.
I think that would be fantastic.
That'd be a higher return than any of these.
Like, if we could do that, that would be freaking sweet.
If we get it to $50K or $60K, that's going to be good, too.
But, in all of these, this is the one I had to think the most about, for sure.
So I've got to be very careful with this.
Right now, we're 100% stablecoins.
I think it makes sense right now to start looking at Cardano
because Cardano obviously has a hardfork coming up.
It outperforms Bitcoin at this time.
We're going to probably look at Ethereum during this time.
So we're probably going to--
for our $1K portfolio,
we're probably going to be adding ADA and ETH.
Maybe keeping the rest in stables right now.
And people may say, "Oh, you're so bullish on XRP. Why do you--?"
I mean, XRP is not going to move that much until this case is over.
So, we believe in XRP.
It's a good time to accumulate,
but in terms of allocating a small percentage,
we're not going to want to do that in this $1K portfolio right now
because there could be more downside to XRP.
ETH and ADA, they got two near-term catalysts going on.
So I think those are going to be good for that.
So you're thinking a little more short term with this right now?
Yeah, exactly. Because right now, we're only adding a few positions.
Yeah.
We're not allocating $1,000 today
because we're going to keep probably $750 of that in stablecoins
in case things drop down so we can get more.
That's what we want.
We want to probably allocate, like, 25% of the portfolio.
I don't even know if I want to do that much.
Maybe 20%?
Maybe we put $100 in each right now just so we have some exposure
and keep 80% in stablecoins.
Because I believe we are, by the end of the year, going down to $10K to $14K for Bitcoin.
If we get down below $14K,
you're going to see me start allocating almost everything.
So, you know, this is something I'm taking very serious.
I want to make sure we're making the right moves on.
So I think probably what we're going to do for right now
is we're probably going to do $100 in ADA, $100 in ETH.
And that's probably what we're going to do for that portfolio.
And then we're going to have, you know, $800 in USDC or stables. I'll put USDC.
DCA action going on?
Well, not really.
I mean, dollar-cost averaging, you're going on a schedule.
I'm not going to really do that. I'm not going to go on a schedule.
I'm going to kind of do it based on moves on the market that I want to see
as long as those moves are down.
Right now, Bitcoin's at $23K.
I think things may go up a little bit.
You may see me take profits on some of this stuff.
So, if also Ethereum starts going up,
and Cardano runs up,
and Bitcoin runs up,
but then Bitcoin starts dropping,
it looks like it is going into another down leg,
then we might take profits on this stuff and be able to start over at the bottom
with instead of having $1,000, now, I might have $1,400
to basically start at the bottom.
So, there's a lot of thought going into this for sure right now.
So, obviously, with this $10K,
probably XRP have some exposure there.
We're going to do a small amount of XRP though.
Once again, ETH and ADA.
And the way they're going to kind of work is you're going to see,
the more money you have, the more you can diversify.
So, if you only have $100, you can't really diversify.
You know, if you got $1,000,
you're going to have to keep this in, like, the 4-5 range probably for now
until you start making profits.
And then, if this grows, and then you can diversify more.
So, right now, with the $10K,
like, we're going to be able to add in a couple extra coins.
You're going to see, like, kind of a waterfall.
Like, whatever is in the $1K is going to be in every one.
What's in here is going to be in this one.
But with each one, you're growing your amount you can diversify, so.
And these are no-brainer decisions for me.
Like, these are things I don't have to look at the charts, really,
to know we want exposure to these assets right now.
Because I'm looking for most bang for my buck here,
we're not going to be buying any Bitcoin for these portfolios.
And I will tell you, like, in general, that's--
you want to have 50% of your portfolio in Bitcoin and Ethereum,
but for me, in trying to supercharge this and push these as far as we can go,
I just know Bitcoin's not something I really want in these portfolios.
You know, let's say we get this one up to a million dollars.
Let's say we get it up to $400K or $500K and Bitcoin's at $30K or $40K or $50K at the time.
We'll probably go and add one Bitcoin just to show, like, you need one Bitcoin at least.
I do believe that if you have enough money to buy one Bitcoin,
and that would be 50% of your portfolio,
then you should do it.
So, like, let's say we had $25K in here and Bitcoin's at $12,000.
I'd probably go ahead and put a Bitcoin in here.
But, obviously, it's a little competition against myself.
Like, how much money can we make in this bull market that will be coming?
How far can we push this?
Can we turn this to a million dollars?
I hope that we can.
But to do that, I'm going to have to really kind of--
I don't want to say risky because I don't think it's risky not to have Bitcoin in your portfolio.
But we're going to have to really make moves within targets in mind
instead of just, you know,
"Hey, let's just throw some money in here."
So.
I'm going to say, here, we're probably going to want to start slowly.
I'm going to go $500, $750, $750.
That's going to be $2,000.
So, here, we're going to have $8K sitting in stables still.
As you can see, we're allocating about the same percentage of the portfolios.
So, obviously, 20% of the portfolio, 20% of the portfolio.
This is going to get things kicked off for us.
I don't know exactly when we're going to start making big moves every single week.
But, yeah, so with this one, I'm going to go XRP.
I'm going to go ETH.
I'm going to go ADA.
Probably going to go BNB.
FTT
I'm not ready to get SAND yet.
Now, the method to this madness is,
why I can do this without having to really think
is because we already talked about these three.
We know it's coming with these.
With these ones, these are exchange coins.
What we're really doing is we're relying on the results of the last bear market.
It showed that exchange tokens would hold their value better than a lot of other coins.
Binance Coin started turning around much faster than any other coin.
By 2019, it was going back up.
It did have a big retracement at some point.
These are going to be based on volume.
So people are still going to be trading.
They're still going to be using Binance Smart Chain.
They're still going to be trading at FTX.
And when you look at a lot of these other exchanges,
like Celsius and Voyager getting shut down basically,
now, that's volume that will be going over the exchanges.
You want exposure to these kinds of assets.
Let me tell you some coins that you won't be seeing in these portfolios.
You won't be seeing Dogecoin
unless we have reason to think it might pump in the short term.
This is not a long-term hold.
You're not going to see freaking Shiba.
If you're looking to find some Shiba,
go to Japan and look for a dog.
That's what you need to do.
We're going to be putting Litecoin in this portfolio.
It seems to be almost a dead project.
When your founder sells all his tokens,
100%,
that's not a good sign, guys, you know?
So these are kind of the coins we're not going to be looking at.
I'm a little nervous about DeFi right now.
I think DeFi is one that I'm not exactly sure how well it's going to do
due to a lot of these hacks that we've just seen.
Your Solana, stuff like that.
I think if I were to pull up CoinMarketCap, actually, though,
and I go to Solana,
this might be a very strategic move for us.
Solana is down 3.4% today.
And if I go to the 7-day,
yeah, I think Solana, actually, I am going to add to this portfolio.
And this might be a short-term play for me
because Solana is down because of the hack that just occurred with the Phantom wallet.
Usually what we see from these is we see these coins bounce back very fast.
Of course, with Terra LUNA, we didn't see it.
But with most coins, with your THORChains and your Compounds,
when you see these drops in the market because of a hack or an exploit or a vulnerability,
people say, "Oh, project's down. Let me pull my money out."
And then people see good buying opportunities,
and prices go up.
So we're probably going to throw some Solana in this one.
And then I would also say that we are going to throw Polygon in this one.
Generally, I'll be honest, I'll be real tempted not to put Polygon in this one over here, too,
now that I'm really sitting here thinking about it.
Let's see. How is Polygon doing right now over the 7-day?
You also don't want to buy stuff when it's up considerably.
I'm going to throw $500 in here as well
because I think it's just got a lot of opportunity right now.
So we're going to--
over here for this,
and we're using this as a range,
we're saying, you know, we're putting in between 20% and 25%.
Perhaps somewhere around $5,000 in this portfolio that we want accounted for.
Well, let's do this.
We'll buy a whole ETH here.
These are opportunities you have when you have a little bit bigger portfolio.
So we're going to call that-- I think it's about $1,600 right now.
Let's call it $1,660 here.
It's what it is.
So that leaves us with $3,340 to play with potentially.
We could do more than that, though.
So let's put $1,000 in ADA.
Let's put $750 in XRP,
$750 in Binance Coin.
Let's do $750 in FTT.
Let's just put $750 in all these.
Let's do that. $750 in all these.
So that'll put us at with USDC, $18,000--
and this will be slightly different depending on the price we get one ETH at.
So we got about $18,600.
So, that still lines up.
We did 25% here.
We did 20% here.
Let's see what that is.
25.64%
So almost exactly 25%.
So 25% here, 25% here.
We've got to be more careful over here,
which is tough
because we actually want this one to be the one that gets the highest return.
But it's all about making the right moves at the beginning
to start compounding some profit to be able to do that.
So, this is where we are right now.
I think these are good starting blocks here.
You don't want to be buying anything that's, you know, massively pumping.
But this really is just to get our portfolio going from this point forward.
Because, obviously, guys, right?
Like, we're doing a $1K, a $10K, a $25,000.
It's not going to be fun if I come on and say,
"Guys, I think we're just going to sit on all USDC for six more months."
It really will defeat the purpose of doing this.
So this is just to get us started to get the ball rolling,
and then from there,
you guys are going to see the decisions that we make from here
are going to be much more strategic.
But I feel really good about these.
You know, one coin that we didn't put here that I would consider is SAND.
I just don't really know where SAND is right now.
It is one I'm very bullish on for the next bull run.
Also ApeCoin,
another one that I think has a lot of high potential.
So APE and SAND, they're not going in right now.
Also, DOT.
You know, DOT is another one that I'm watching.
There was a hack on the Nomad bridge,
which it does have to do with Polkadot a little bit.
It was its own individual hack.
But at the same time, I think it's one of those things where--
I could have added these three.
These are probably three of the next coins that we start throwing in some of these portfolios.
But for now, that's what we're going to go with.
Let's go!