The host and founder of crypto information hub Coin Bureau is revealing the contents of his revamped digital asset portfolio.
In a new video, Coin Bureau’s Guy discloses that his cryptocurrency portfolio consists mostly of digital assets that rank among the top 20 by market capitalization.
[adinserter block="1"]The trader adds that his largest cryptocurrency investment is the top smart contract platform Ethereum (ETH), followed by Bitcoin (BTC).
“The first cryptocurrency I hold is the one and only Bitcoin, which currently makes up about 27% of my crypto portfolio.
ETH currently accounts for just over 30% of my total crypto holdings which makes it the largest slice of my portfolio pie.”
The third-largest allocation in Guy’s portfolio is the interoperability blockchain platform Polkadot (DOT) which is nearly 10% of the portfolio. Polkadot is currently the seventh largest digital asset by market cap and sits at a $42 million evaluation, according to CoinGecko.
“The third cryptocurrency in my portfolio is Polkadot, with DOT currently representing exactly 9.34% of my total crypto holdings.”
Cardano (ADA), another Ethereum competitor, follows DOT closely as the fourth-largest investment in Guy’s portfolio by allocation. Cardano is currently valued higher than Polkadot, with a $47 million market cap at time of writing.
“The fourth crypto project contained in my covers is Cardano, and ADA accounts for just under 8% of my crypto portfolio.”
Guy also holds blockchain oracle Chainlink (LINK), and it comprises less than 5% of his cryptocurrency portfolio.
“Chainlink is the fifth cryptocurrency I hold, and just over 4% of my portfolio is in LINK.”
[adinserter block="1"]Guy points out that his cryptocurrency investing strategy involves booking profits after massive rallies and only taking risks he is comfortable with.
“Even though I consider myself to be more of a hodler, when I see prices pump to what I believe to be unsustainable levels, I take profits. When I see that one of the cryptos I’m holding has cooled off, I add back to my position without trying to fish for the bottom.
Sometimes, I even decide to dabble in some new altcoins that I think have potential. Sometimes this pays off, but sometimes it doesn’t. This is why almost 50% of my portfolio has always been parked in BTC and ETH. Having such a heavy allocation in the two largest cryptocurrencies may reduce my reward, but it leaves me with a level of risk that I’m comfortable with.”
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