Episode 42: Current Crypto Portfolio and Market Strategy Update

hello everyone um so welcome to episode 42. um this uh one common question that i've been getting is that share your

current portfolio i have shared it in twitter a few weeks back a few months back and i wanted to give an update on

what my current portfolio is and what my current strategy is especially given the market conditions and how much the

cryptos have gone down by i have shared a few updates on twitter but i wanted to make a consolidated

video on all the tokens that i'm holding and what's my current strategy so starting with a disclaimer first i'm not

a financial advisor i'm not an investment expert and none of my videos are financial advice or investment

advice all i'm doing in these videos is that i'm sharing my learnings and whatever i

have learned through my personal experience i just wanted to share that information provide clarity in an easy

to understand way so you make your own decisions based on your own research and also one of the constant reminders that

i keep posting is that never send your money to people who call themselves professional brokers or investment

advisors because most of them especially in the crypto market most of them are frauds they will never ever give back

your money regardless of whatever promises that they give you and they will target you with emails and comments

they might even use my name do not fall for these people because they are just basically scammers they are after your

money and do not send your money your money you invest it i have an open twitter feed i don't have any telegram

group or closed information groups like whatsapp where misinformation can be spread so i have an open group in open

account twitter where i post public and i post quite frequently so if you are in fintech not just crypto if you need more

information if you need quick information then twitter is a great place so you can easily follow me or

anyone in twitter so today's agenda briefly is that what are the tokens that i'm holding

and what what i'm doing currently in the market so like i said uh in back in january i had shared the full list of

tokens about roughly 40 tokens that i had i chat every token that i was holding at that point of time and i was

constantly updating the list so here is my current list of tokens these are about roughly about 40 tokens that i'm

holding roughly and anything that i have a balance of at least a hundred dollars i've given all those tokens here there

are some tokens which are fallen down below hundred dollars which have not shared in this example so

these are my uh top tokens and is very hard to say which are the the top valued tokens but you can say that the top 10

or 20 tokens are probably where my portfolio is at the moment the major amount of portfolios and the rest of it

is probably making up like the top 20 would probably make up like 70 percent and the rest of it is making up nearly

about 30 percent let's say that's kind of the ratio that i can given again it keeps varying um almost on a daily basis

and the ones that are in green are on top of my huddle it is all holding uh for longer term it is also earning me a

daily income a daily passive income through decentralized finance which i have explained many times i will also

give a an example in this video the ones in blue the pxp aot emotions they are just temporary tokens that have invested

only for passive income again i will show you why i will show you the example and you will better understand why they

are temporary tokens and why i have invested in them only for passive income which means that i haven't done too much

research into them and i'm just keeping them from a daily passive income perspective so

the strategy is that on top of keeping these tokens which are generally i'm keeping it for a longer term from an

investment perspective i haven't had time to trade them enough in the the recent past because of my work and the

time that i have not had and as a result what i wanted to do was i wanted to generate some income out of

it which is what i have done by putting them into decentralized finance what is my current impact now this is

the list of my tokens what's my current impact here's a a tweet uh from from someone um you know explaining the

the fall from all time high so a lot of cryptos have fallen to nearly 85 90 percent

from the all-time high in the last six months in bitcoin for example has gone to about 54 um bitcoin and bnb have

probably done relatively better than most other coins but a lot of good coins link for example

cro for example they've all done like 80 to 85 percent down from the all-time high that they have reached in the last

six months there's a lot of reasons in the financial world the ukraine war is an example the impact on oil prices

general economy is is uh is being affected in the world there's inflation after many many years in europe the the

prices have gone up the big lunar crash that we explained in episode 40 if you did not understand it

in fear and crypto you need to fully understand what has happened before you continue investing in crypto

and the financial impact of post covid is also being felt i mean as an example in in america the feds have done the

quantitative tightening which is only the second time in the financial history that they've done quantitative

tightening so uh this is after the quantitative easing that was done during the covet timeframe in a very short

explanation the u.s fed printed about 4.5 trillion new money into the economy and um they

had nearly doubled uh their economy from 4.5 trillion to 9 trillion dollars and they're trying to take it out of the

economy right now by tightening the the finances and that is what is called as quantitative writing you can read about

it as a lot to explain about it but these are some of the problems that we are facing right now

but um this is from a crypto perspective this is no different to the 2017-2018 scenario where

bitcoin had reached about uh 20 thousand dollars in the beginning of in the in the beginning of 2018 and had fallen off

nearly 80 to nearly 20 2000 from its all-time high in a span of few months in 2018 so this is nothing new

from crypto's perspective where coins have fallen off 80 85 percent in the past from its all-time high and even

at that point of time people had written many of these cryptos off that it's never going to again i have a run

but we all saw what happened after that in 2019 2020 when these coins had been virtually

written off and things are quite different from that point till today so compared to that

position that i was in about two months back even my portfolio is down about 60 65 percent i mean i'm no exception in

this market i'm no exception um to the general crypto fall but this is despite my aggressive profit

taking and yield mining that i have explained multiple times that i keep taking profits and i realize profits and

so far at the moment with all of this 65 percent it's only a paper loss till i sold any of my assets

till i sell any of my assets and i'm not going to sell any of my assets and there are a few exceptions like ago wx

thought token for example the these were projects that got closed down or were mismanaged by the teams and as a result

we had to sell some of these tokens off and accept these exceptions i haven't sold any of the other ones uh not at a

loss at least so as long as we don't sell it it's a paper loss

and uh what is my impact i mean i'm still earning every day from a decentralized finance passive income

perspective and sometimes it could vary ten dollars in one in one form sometimes could where you go up to 100 in one form

and it it changes on a day-to-day basis currently i'm mainly forming on binance smart chain which is bnb chain right now

chronos uh mainly by bnb and chronos but uh i'm also uh doing a small amount of forming on avalanche and polygon which

all of this i have explained from my episode 24 if you have been seeing i have explained it with detailed demo of

how this can be done and why this needs to be done i will also explain with a simple demo of what i am doing on a

daily basis and i have also converted some of my ah tokens into in especially in chronos

into yield generating nfd assets you know utility nft tokens which are generating a daily yield for me um

using that nft i am just holding that nft and it's generating a daily yield for me

so in uh slide 40 for example one month back i explained my strategy and it will

make more sense now when i explained it in episode 40 people did not probably fully understand it but

it looks little make much more sense where i've said that this is a slide that i had shared where i said that i

strongly realize and i mean strongly believe in realizing profits especially with mmf where i was saying that i was

converting my yield on a daily basis where it was showing about 300 400 dollars i was converting it as stable

coin into usdc or converting it as real money fiat and getting it back and why was i doing it on a daily basis because

mmf had fallen at that point of time from one dollar to about eight cents or less than ten cents now so it's a ninety

percent fall that it has had and had i not converted all of that would have been falling down so

let me show you an example from april 2022 i took this snapshot this is from night finance dep is one of my assets

that i've been holding and i intend to hold it as an asset but i'm

i'm just showing you an example of in 10 to 15 days how much i was able to accrue from an investment uh and from the the

percentage of return that i am getting in about 10 days time frame by just holding the asset in a liquidity pool so

for example this is a dep bnb farm i have about 2300 i had about 2 300 and in about 10 or 15 days i was able to

get about 400 dollars worth of it that's nearly 20 of the money that i am able to get back

in about 10 days time and i can harvest it convert this money into usdc and keep it

for future investments or for any other purpose for that matter so i'm going to show you what is the value

of this form from what two months back this was taken and i'll show you the same snapshot again now

but before that i once also want to show like you know single assets taking where there's no liquidity pool there's no

liquidity mining or impermanent loss bls is one of the forms that i had shared before in twitter and you can see it's

making me nearly about uh 0.1 to bnb in about 10 12 days which is more than sufficient for all the gas

fees that i need to fail one of the common questions that i keep asked is i keep getting asked is what about the gas

fees but if i am able to put it into something like this it then translates into a whole month of gas

fees that i need to pay in especially in finance marching where the fees is really really low at this point it's

like you know almost uh five six pence at times or about 10 pence maximum which is like 10 rupees 20 rupees maximum is

what i would say i'll show you the exact same form in night swap the dep bnb farm after two

months and right now this is only like a couple of days of yield which is about 30 roughly

but you can see the farm this is on on 2nd of june that i had taken this uh this recording

on this 30 i mean the original two thousand three hundred dollars it has fallen down

definitely the dep has fallen down in the last couple of months it's gone down to about two thousand dollars but still

it is still um about you know ninety percent of the value is still there but i am still able

to get a daily income out of it about twenty thirty dollars which is what is the the reason why we are investing in

farms like this obviously not everybody can put in uh two thousand three thousand dollars into a liquidity pool

and earn this much so a common question that i keep getting asked is and you can see how easily you can convert it from

the the harvesting and you can convert it into a stable coin like busd or usdc a reliable stable coin like usdc or bust

for example and the fees for example is 0.0006 which is literally about you know like i said about 10 20 rupees roughly

and the common question that like i said i keep getting asked is we can't put three thousand four thousand dollars you

don't need to like these are two forms that i've put in especially just to show this uh the power of the decent class

finance i'm getting about eight to ten dollars with an investment of about two hundred dollars half of which is hundred

dollars in pxp and half of which is in bust and this is a liquidity pool so even if i'm able to sustain this these

rewards for about uh 10 days or 20 days i would have got my investment back and anything that is

left even if it drops in value it's not going to have a material impact for me because i have gotten back my

investment just by the the daily liquidity mining rewards itself and i can harvest even these eight to ten

dollars i don't need to let it accumulate to hundreds of dollars i can harvest ten dollars and i can convert it

into um a daily uh busd or daily stable coin so

that i'm not impacted by the fall of these kind of tokens where like i said i purely

invested in it just for the liquidity mining perspective so again these are some of the strategies that i have been

using one to get liquidity in the form of usdc or busd that i can use to then reinvest when the market is falling down

rapidly and also to sustain this kind of a market and this is something that i've

been sharing quite often but i wanted to share it with an example of a low value farm

where you can just put like hundred dollars into the asset 100 into an equivalent

asset for the liquidity pool and you can get about you know 10 to 8 to 10 dollars on a daily basis and if you like i said

it takes only about you know 15 days roughly to break even and from that point onwards is either you can sell the

farm or you can um keep it and and keep getting more and more liquidity towards out of it seek is another one of my top

investments which is in the virtual reality space and again just by holding seek and vnb both of the

assets that i want and i intend to hold i am just putting it into a form the the apr is very low about 40 percent of 49

percent but still it gives me a substantial amount of daily returns that i am able to convert it into you know 25

30 on a daily basis is it might look small but it is quite

substantial in terms of the liquidity that it is able to generate for me so again i like i said i keep saying this

converting it into stable coins means that we will sustain the fall or we will not be impacted by the fall i also post

information regarding the timed profits of swing trades i don't do that much of spring trading as i used to do because

of lack of time but when i do some major swing trades i do post it in twitter for example on on 26 may i had posted about

buying back using my liquidity and there is a bit of risk involved because i don't believe in charts on and

that point on 26 the charts were all saying all the experts were saying that it was going to go down further but on

26 i had posted saying that i had bought using my liquidity on 31st of may again i posted saying that i have sold the

assets with a 15 profit or 12 to 15 profit again at that point the predictions faster it could go up

further but like i said uh you know you should not be greedy beyond

a certain point when you are doing swing trades do not expect like you know 20 30 in terms of swing trades if you get

about 10 percent of profit and swing trades it's definitely profitable and do not always i do not always believe in

charts and analytics by by all these experts so i it was just a timed call it could

have gone anyway but the strategy is that even if it did not go my way then i was going to hold it i was going to

huddle it that's my trading strategy that i've been sharing from the last uh you know 20 or 30 episodes

that is how i was able to take back my profits and again retain liquidity so when after 31st of may when it had

fallen down the very next day i'm able to use my liquidity and buy again so to be able to buy back when the markets are

falling we need to do the short-term trades where you're able to realize profits

even if it goes up by about you know seven to eight percent it's still a significant profit in this kind of a

market to get back your liquidity so you're prepared for the next fall and keeping liquidity is the most important

thing that you can do in a market like this to be able to survive and from a longer term perspective these are

some of the tricks that i have been using to be able to survive again um

one thing that is is to notice that when i started making my videos when i started uh

posting videos back in 2020 not many people had been talking about it one of the reasons i wanted to post about the

videos is because not many people were talking about it that point of time and educate people about what is crypto and

how safely you can do trading in crypto because there was no concept of safety in crypto trading at that point of time

a lot of people who had started watching my video or my channels from 2020 will know that from 2020 to 2021

um a lot of tokens that we had shared had made profits 20 times 30 times and in the last few months it has been a

downturn where most of the cryptos are down 75 percent of the of their uh all-time high so we haven't had that

kind of profits that we had seen during the 2020 to 2021 run so today what has happened is a wave of

new traders have come into crypto with not much knowledge on crypto and they're just following like quick uh videos they

were just one like five minute ten minute videos that somebody is posting or social media influences and they are

incurring huge losses without even understanding what they are doing and that's what needs to change if you are

going to be staying in crypto what is my confidence in crypto a lot of people had asked this question am i

still confident i am still greatly confident in the utility value

of the top tokens that i'm holding and the confidence has only increased significantly from the time that i

started posting about two years back one of the there are two reasons mainly one is obviously the the amount of

crypto entrepreneurs and industry leaders have grown in numbers and there are several great

leaders you know especially from india like sandeep naival national city and the global leaders like champagne cesar

from binance chris and technology leaders like virtually button there's so many technology leaders right now

and these people are like the beacons in uh in crypto right now and uh they are they are leading us in the right

direction adoption is at the highest point ever for crypto you know it is increased

significantly from the time that we had started posting the videos about even two years back adoption has increased

significantly i mean there are crypto atms in several countries in u.s when we had a meeting in chennai i was even

showing pictures of when i had gone to the bitcoin atm and i was able to buy bitcoin and sell bitcoin on a crypto edm

just like withdrawing cash and supermarkets malls restaurants are all starting to accept crypto as a native

payment in many countries including dubai for example one of the most conservative countries

last year nobody was speaking about web 3.0 um you know web 3.0 was still more like a concept but today the whole

fintech industry not just the crypto industry the general fintech industry is talking about web 3.0 which needs to

separate episodes on its own but just to give you a flavor of it right it's basically like um

the adoption is going to be almost like internet you know people 20 years back if people had said that everybody in

this world will be using internet and will not be able to live without internet it would have been dismissed as

a fantasy like in 2000 for example because accessing internet itself was difficult

and today everybody is using internet without even realizing that they're using internet that's what's going to

happen in crypto that's what is going to happen in blockchain in my understanding and finally

um you know we said this in episode 40 that after the ust fall for example the the

resilience shown by crypto uh following the lunar crash it has only increased my faith in

blockchain and crypto as a whole in the fintech industry and i just want to reiterate those words again but at the

same time you have to be really really careful with your crypto investments only invest what you can afford to risk

and do not want this money for at least a year or a few months if that's an essential money that you need for the

next month or in the next few months do not put those kind of money into crypto crypto is very volatile it's a volatile

investment i've said this from the beginning that you need to be really really safe in crypto investment do not

invest more than you can afford to take a risk and that is true for any investment so if you have an amount of

money allocated for investment only take a small portion of that and invest in crypto do not go all in and do

not put your essential money into crypto and again learn on a daily basis not just

from me i am learning almost on a daily basis so learning is key and knowledge is key

especially when it comes to crypto so hopefully you found this episode useful and until next time thank you bye