Membership in the Telegram group with real-time updates is now closed. If you'd like to join, send me an email at kashyapsriram286@gmail.com
We are getting a very buyable dip in crypto along with a spike in gold. The liquidity taps will be turned on in response to the escalation in the Middle East. Commodities are the real beneficiary but crypto will catch a bid - a rising tide lifts all boats. Now is the time to be buying the more speculative names which are down hard, but still have a good narrative/ story behind them. It's also a great time to shore up Ethereum and Solana positions.
Here's a list of my favorites among the alts, in alphabetical order:
Aave (AAVE)
Arbitrum (ARB)
Avalanche (AVAX)
Chainlink (LINK)
Injective (INJ)
Kaspa (KAS)
Ordinal (ORDI)
Polygon (MATIC)
Pyth Network (PYTH)
Quant (QNT)
Stacks (STX)
Sei (SEI)
Tron (TRX)
I'd target roughly 70% in eth/sol and the remaining spread among the alts. Diversify, over-diversify, underallocate - that's fine. But don't concentrate on any one crypto because you like the story.
I will share my allocation % at the end of the month. I cashed out in Feb/March and plonked a lot of my "cash" position in Paxgold - a good move, as it turned out - so I am mentally in a good position to handle this correction. Fading sentiment works well in crypto because crypto because crypto is purely sentiment.
Good Trading!
Kashyap