|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Cryptocurrency News Articles
Cryptocurrency Trader Michaël van de Poppe Shares Insights About His High-Risk, All-Altcoin Portfolio Strategy
Sep 25, 2024 at 07:27 pm
Cryptocurrency trader and analyst Michaël van de Poppe shared insights about his high-risk, all-altcoin portfolio strategy for the current market cycle.
Cryptocurrency trader and analyst Michaёl van de Poppe shared his high-risk, all-altcoin portfolio strategy for the current market cycle.
The Deribit options lead and Bybit affiliate shared his approach during a recent YouTube livestream.
According to van de Poppe, the upcoming period will be favorable for altcoins due to increased global liquidity from China and potentially the U.S. He anticipates Bitcoin (CRYPTO: BTC) to reach $90,000-$100,000 in the final months of the year, which will boost confidence in altcoins.
"I personally believe that the upcoming period is going to be favorable for altcoins. We're seeing a lot of global liquidity coming out of China and potentially the U.S., and I think that's going to be driving a lot of capital into the altcoin market," said van de Poppe.
The analyst's portfolio consists of four larger altcoins and four smaller, higher-risk tokens.
The larger holdings are an Ethereum layer-2 solution Optimism (OP/USD), Celestia (TIA/USD), a Modular blockchain infrastructure, AI-focused blockchain, Bittensor (TAO/USD) and, Ethereum Name Service (ENS/USD), the Domain name service for Ethereum.
Meanwhile, the smaller holdings are a liquid staking protocol Renzo (REN/USD), Omni Protocol (OMNI/USD), one more liquid staking solution, decentralized Ethereum staking, Rocket Pool (RPL/USD), and a decentralized exchange Dydx (DYDX/USD).
Van de Poppe highlighted the high-risk nature of his strategy, adding, "I wouldn't advise doing that but in my portfolio, I've got four large altcoins and four smaller altcoins."
He noted that he plans to actively swing trade these positions, aiming for 100-500% gains before taking profits.
"I'm planning to swing trade these positions actively, aiming for 100-500% gains before taking profits. I'll be looking at technical indicators, market news, and my own experience to decide when to enter and exit trades," said van de Poppe.
Regarding market predictions, he’s optimistic: "My prediction for the upcoming years for the cryptocurrency markets is that we’re going to the Moon."
He anticipates his portfolio could potentially achieve a 10x return in the next six months, although he plans to rotate into newer coins and more risk-averse assets as the cycle progresses.
"I think that my portfolio has the potential to achieve a 10x return in the next six months. However, I'm planning to rotate into newer coins and more risk-averse assets as the cycle progresses," said van de Poppe.
While van de Poppe’s all-in altcoin approach is extremely risky, his insights offer a glimpse into how some experienced traders are positioning themselves for what they believe could be a significant bull run in the crypto markets.
Disclaimer:info@kdj.com
The information provided is not trading advice. kdj.com does not assume any responsibility for any investments made based on the information provided in this article. Cryptocurrencies are highly volatile and it is highly recommended that you invest with caution after thorough research!
If you believe that the content used on this website infringes your copyright, please contact us immediately (info@kdj.com) and we will delete it promptly.
-
- USTC Might Soon Hit $0.081, as the Token Successfully Breaks Out of Multiple Resistive Trends: Javon Marks
- Sep 26, 2024 at 12:20 am
- In a tweet, popular analyst Javon Marks expressed his bullish stance on the USTC coin, forecasting a significant increase.
-
- Fallen Fave Cardano (ADA): A Challenging Year; Gamechanger GEGG: A Shifting The Landscape
- Sep 26, 2024 at 12:20 am
- As Cardano (ADA) struggles to gain significant momentum in 2024, crypto investors are turning their attention to emerging projects such as GoodEgg (GEGG) and BlockDag (BDAG).
-
- Raboo (RBOO) Overshadows XRP and Aptos as the Best Crypto Investment for Explosive Gains in 2024
- Sep 26, 2024 at 12:20 am
- For the next bull run, investors are turning their attention to established players like XRP and newer contenders like Aptos. Both coins present solid investment cases, but which one will deliver the most explosive returns? With experts weighing in on each project's potential, debate across crypto market news sources is intensifying. However, Raboo, an emerging player in the meme coin space, could overshadow them both in terms of growth potential.
-
- GoodEgg Token (GEGG): A Futuristic Play-to-Date Crypto That Has Attracted a Cardano (ADA) Millionaire
- Sep 26, 2024 at 12:20 am
- As Cardano (ADA) prepares for a potential surge, GoodEgg (GEGG) is capturing the imagination of high-profile investors
-
- OKX Wallet Launches 'Avalanche DeFi Season' Campaign Featuring a 15,000 AVAX Reward Pool
- Sep 26, 2024 at 12:20 am
- SINGAPORE, Sept. 25, 2024 (GLOBE NEWSWIRE) -- OKX, global Web3 technology company, has issued updates for September 25, 2024.
-
- Bitcoin Critic Peter Schiff Explains Why He Thinks BTC Is Not as Useful as Gold and Oil
- Sep 26, 2024 at 12:20 am
- In response to a pro-Bitcoin investors' statement, prominent Bitcoin critic and gold advocate Peter Schiff expressed his opinions on the cryptocurrency's lack of usefulness.
-
- Binance Charity Pledges $1.5 Million in BNB to Support Storm Boris Flood Victims in Central Europe
- Sep 26, 2024 at 12:20 am
- Binance Charity is providing up to $1.5 million in Binance Coin (BNB) to support affected users by the catastrophic flooding in Central Europe caused by
-
- Rollblock (RBLK) GambleFi Platform Could Surpass BNB and Solana, Crypto Analysts Agree with ChatGPT
- Sep 26, 2024 at 12:20 am
- Crypto analysts are aligning with ChatGPT’s forecasts, which position Rollblock (RBLK) as the next promising contender to bypass popular cryptocurrencies like
-
- Solana, Sui, and Cutoshi: Which Altcoins Are Primed to Enter a New Mind-Blowing Rally?
- Sep 26, 2024 at 12:20 am
- Crypto fans are all fired up about three hot altcoins ahead of the next big rally: Solana (SOL), Sui (SUI), and the new DeFi meme coin, Cutoshi (CUTO).