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Famous Cryptocurrency Analyst Declares a 65% Loss on Altcoins: Shared His Portfolio!
Famous crypto analyst Michaël van de Poppe made striking statements about his personal altcoin portfolio. Sharing on his social media account, Poppe stated that his portfolio has currently lost about 65% of its value.
Poppe stated that his portfolio consists of large and small positions. He included the following altcoins in his large positions, which he described as less volatile:
The following are included in small positions with high volatility:
Poppe stated that his portfolio is primarily focused on the Ethereum (ETH) ecosystem and DeFi (decentralized finance), while admitting that it has recently experienced a significant loss in value. The analyst claimed that he managed to reduce his losses thanks to monthly rebalancing operations and asserted that if the market returns to its former levels, his portfolio could yield a profit between 100% and 120%.