IA ALLOCATIONS - Crypto, Equities and Proxies (Patreon)

Disclaimer: The information provided in this trade alert is for educational and entertainment purposes only and should not be considered as financial advice. The author is not a financial advisor and is only sharing their personal trading activities in full transparency. The opinions expressed in this alert are the author's own and do not reflect the views of any other individual or organization. Investing in cryptocurrencies and other financial instruments involves a high degree of risk, and you should not invest money that you cannot afford to lose. Always do your own research and consult with a licensed financial advisor before making any investment decisions. The author is not responsible for any losses or damages resulting from the use of the information provided in this alert.

HOW MY PORTFOLIO IS SHIFTING IN 2024!

In a stunning turn of events, my MicroStrategy bag has overtaken my Tesla bag, despite adding to Tesla, illustrating the dynamic nature of this market and my diversified investment strategy. 

The current bull run has significantly boosted my MSTR and CLSK allocations due to value increases (MSTR $700 in after hours and CLSK at $16).

My portfolio is designed to self-adjust, reflecting my principle that not every investment will outperform simultaneously, especially in the current Bitcoin/Crypto season. Consequently, I would not be surprised if my Tesla holdings would shrink to 15 to 20% of my portfolio as the Crypto and BTC bull markets run and drive other assets far higher.  When the time comes, I will layer out of Crypto and into Tesla. You will see every trade and ever move. 

My pure form Bitcoin now constitutes 16.9% of my portfolio, a deliberate choice I made in 2023 by favoring leveraged options on MicroStrategy instead of BTC when it was around the $190 to $200 mark. I leveraged options and synthetic longs to magnify returns on this position, showcasing that this approach has yielded extraordinary gains. 

Collectively, Bitcoin and Proxies (CLSK, MSTR, BITF, RIOT) now represent 53% of my assets, excluding real estate and cash, highlighting a significant exposure to the cryptocurrency sector. CleanSpark (CLSK) has notably increased to 7.5% of my portfolio, underscoring the impact of individual asset performance shifts. 

Meanwhile, positions in Alibaba (BABA), Bitfarms (BITF), and Sea Limited (SE) are super small, all comprising less than 0.35% of my investments. 

I still hold my stake in NVDA while I sold over 80% already and I sold all my META and GOOG.  Less is more in my mind. 

Solana (SOL) stands out at nearly 19%, totally outperforming Bitcoin in terms of portfolio impact. Including SOL and its alternatives (SOLALTS now includes RNDR) brings their combined weight to 22%, emphasizing the importance of diversification across both traditional and crypto assets to mitigate risk and capitalize on growth opportunities.

FINAL NOTE: In my portfolio, I have a low cost basis for many assets, and nearly all is held in NON tax-free accounts. This limits my ability to freely trade and swap between assets without incurring significant tax obligations. However, when the time is right, I will exit these positions and embrace the taxes that come with it. I have always believed in having access to my money for trading and investing as I see fit, rather than locking it away in retirement accounts that restrict my financial freedom. I never felt I would need money at 65!