Crypto portfolio update

Exposure: 100.0%

Net return: 473.4%

Comments: It's been an insane 2 weeks as Bitcoin broke below the ATH range support, falling -19% in 5 days before ripping +20% over the next 3 days (as Trump announced an Executive Order for a "Strategic Crypto Reserve"), then fully retracing the move and dipping -13% in the subsequent 3 days.

Both bulls and bears took painful hits from the volatile whipsaw and sentiment right now is worse than ever... especially since altcoins have gotten rekt over the past few months.

Notably, calls of a top/major reversal are getting louder and more common.

I have no insight into the immediate market direction and don't really care; In the grand scheme of things I don't think it matters to my portfolio goals.

My view is that the cycle has not topped and certain altcoins will run later this year.

Current allocation:

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🤯 DreamPunk 3.0

These CyberPunk 2077 ultra-realistic mods keep getting better and better. Amazing stuff.

 Quote of the week

Every once in a while, an up- or down-leg goes on for a long time and/or to a great extreme, and people start to say, 'this time it's different'... But then it usually turns out that old rules do still apply, and the cycle resumes.

- Howard Marks

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