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MR PRO | My 2024 Crypto Portfolio
An Update 75 Days In
GM PRO DOers! 😎
2024 has been a massive year for crypto and we’re only 75 days in!
Bitcoin has surpassed all-time highs, Ethereum hit $4,000, AI Tokens are skyrocketing and memecoins are completely nuts. As a result, I’ve been getting many questions regarding what my portfolio looks like and what I recommend people should be investing in.
On January 4th, 2024, I shared a complete breakdown of my portfolio, which you can view here.
But of course, things have changed significantly since then…
Today, I'm diving into all the assets I've got, how much of my total investments they make up, and my thoughts on investing in them right now. Plus, I'll let you know if I'm thinking about selling any of them soon.
FYI I think 2024 is going to continue to be a great year and I’m continuing to dollar cost average (DCA) into my crypto portfolio (though only in a certain sector which I will explain below).
I believe we're heading into another classic crypto cycle similar to what we've seen in previous years. This cycle usually starts with a boom, leading to sky-high valuations, and then takes a sharp turn with a major correction, where we could see a drop of 50% across the board, with many assets plunging by 90% or even more.
My plan is to take profits at certain points throughout this cycle with part of my portfolio (for lifestyle chips) as well as HODL a large sum of my portfolio through the dip (to earn passive income via staking and just in case the dip never comes). Below I will share my gameplan.
At the bottom of this report I share my key takeaways and best/worst trades so far this cycle.
Before you review my portfolio and thoughts below, here’s some reading material that might help provide context and strategy around my portfolio and how to structure your own:
Remember, the key is to develop your own unique strategy that fits your own unique situation. My lifestyle, risk tolerance, goals and more are likely very different from yours, which means our investment portfolio and strategy should be too.
Use this to help you build a portfolio and strategy, do not copy and paste it.
Ok, let’s get into it!
FYI the #% in each asset title was my % of allocation on Jan 4th, the clear #% is what it is now.
Ethereum
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