Renowned cryptocurrency analyst Michaël van de Poppe made some noteworthy statements about his personal altcoin portfolio. Sharing on social media, Poppe stated that his portfolio has currently lost approximately 65% of its value.
Poppe stated that his portfolio consists of both large and small positions. He included the following altcoins in his larger positions, which he described as less volatile:
Small positions with high volatility include:
Related News: Watch Out: Whales Transfer Massive Amounts of Tokens to Exchanges in 7 Altcoins Today
Poppe stated that his portfolio is heavily focused on the Ethereum (ETH) ecosystem and DeFi (decentralized finance), while admitting to a recent significant loss. He claimed that he has managed to mitigate his losses through monthly rebalancing and that his portfolio could return between 100% and 120% if the market returns to its previous levels.
*This is not investment advice.
Continue Reading: Prominent Crypto Analyst Reveals 65% Loss in Altcoins: Shares His Portfolio
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.