Crypto NewsAltcoinProminent Crypto Analyst Reveals 65% Loss in Altcoins: Shares His Portfolio

Prominent Crypto Analyst Reveals 65% Loss in Altcoins: Shares His Portfolio

Cryptocurrency analyst Michaël van de Poppe said in a statement that he remains hopeful despite incurring significant losses in his altcoin portfolio.

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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:

  • Celestia (TIA)
  • Optimism (OP)
  • Sei (SEI)
  • Bittensor (TAO)

Small positions with high volatility include:

  • Wormhole (W)
  • Omni Network (OMNI)
  • Renzo (REZ)
  • Aevo (AEVO)
  • Rocket Pool (RPL)
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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.

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