Popular trader Ben Armstrong shared the content of his crypto portfolio on his YouTube channel. The trader’s biggest investment is Bitcoin, which accounts for about 30% of crypto assets.
The trader said in his video that he sees the largest cryptocurrency by market cap as the safest bet for people “new to crypto”. Therefore, he suggested holding 25% to 50% of a portfolio in BTC.
However, Armstrong explained that this wasn’t always the case with him and admitted that he invested more in altcoins for most of his career:
“I think altcoins are the easiest and most powerful way to fly your portfolio.”
He also explained that his second and third highest investments were Ethereum and Cardano, with 22% and 10.92% respectively. He considered them the most important projects in the crypto space and as viable assets for a balanced portfolio.
“The volatility and risk of the best projects are much lower than those outside the top 20 or top 100 projects. […] The returns are still great, but the risk is lower. This is the kind of advice I give to my family. ”
The trader acknowledged that there might be “too many altcoins” in his portfolio and advised investors not to fall into “over-diversity”. In this context, he explained that the ideal portfolio is between 5 and 20 coins with positions that an investor’s economic situation can tolerate:
“For a portfolio of $ 10,000 or less, I highly recommend holding a maximum of 5 to 8 tokens. The reason is simple, if you have 1000 dollars and 100 tokens, you cannot make big profits. ”
Describing the crypto market dynamics as “cyclical”, the trader explained that investors should take profits in “altcoin seasons”.
Trader’s portfolio also includes Polkadot, Aave, Graph, Chainlink, Ethernity Chain, Synthetix, Uniswap, Cosmos, Compound, Elrond, VeChain, Solana, Tezos and Frontier. He told him that the most profitable coin is Cardano (ADA).
On the other hand, the coins that cause the biggest losses are Ethereum and Aave.