Crypto portfolio update

Exposure: 100.0%

Net return: 607.7%

Comments: After 7 months of sideways chop, BTC suddenly shot up over the past week and tested the ATH.

We've now seen the second highest monthly close ever... a welcome development indeed!

And although the ATH has not yet been broken, there are good reasons to be optimistic:

There is however a major risk event coming up: The US presidential election.

As you probably know, a Trump win is bullish for crypto whereas a Kamala win is the opposite (over the short term at least).

Trump is leading in the polls currently but the margin is likely smaller than what most in CT would like to think.

So while it might not be a bad idea to start dialling up on risk, some manner of caution/balance is warranted until BTC breaks to new ATHs.

Good times are coming so be sure to survive until then.

Current allocation:

🤖 A.I. memecoin meta

A.I. memecoins are the latest, hottest sub-sector in crypto.

It all began with the GOAT token which was chosen by the large language model (a type of A.I.) behind @truth_terminal that preaches a new religion called the Goatse gospel. 🤯

The backstory is rather interesting. You can get the TLDR here:

Admin update

• If you missed the previous newsletter, you can read it here.
• New here? Join this newsletter for free.
• Want to join the private group? Click here

💭 Thought of the week

Thanks for reading, and have a great weekend.

Cheers,
Slowmad

P.S. If you have any questions or feedback, let me know at: chris[at]digitalslowmad[dot]com

Get future newsletter issues in your inbox: