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Portfolio Objective: Boost the portfolio's value long-term and generate a steady income.
Portfolio Snapshot as of December 1st
New positions
Sold tokens
Increased positions
Heat Map for November
In November, passive income from farming/staking accounted for 2.8% of the total capital, which is approximately equivalent to an annual return of 33.75%. Total capital growth in November is +22%.
I'm starting to have concerns about the micro cap portion of my portfolio, which ideally should not exceed 20% of the entire portfolio.
This segment is growing too aggressively.
While I am not a fan of selling assets that are experiencing growth, it may be necessary for the purpose of rebalancing.
So far:
My thoughts on the positions $LINK - I sold the remainder of my $PYTH airdrop and bought @chainlink with this money.
It's not because I don't like @PythNetwork. On the contrary, I believe Pyth has a lot of potential for growth, and I definitely plan to buy it in the future. The thing is that one of my old wallets somehow got Early Access to Chainlink staking 0.2, which will open soon, and I decided to take advantage of the situation and try to stake in time.
Lately, I've been drawn to infrastructure projects. Celestia, Chainlink, Pyth, Akash, Render are constantly in the news. I'm even thinking about putting together a small portfolio of such projects. Obviously, these projects will play an important role in the development of the entire crypto industry. You just have to choose a token with good utility and tokenomics. However, I currently don't have much time for in-depth research on these projects.
$PENDLE - I started selling what is farmed on @Penpiexyz_io. The position is too large and I will transfer the passive income to other tokens.
$ALPACA - in a week there will be an opportunity to finally unlock the tokens and then I will sell them. This was my first serious investment but the project has only been disappointing for almost the last couple of years.
$GRAIL - I'm trying to buy more while it hasn't skyrocketed, the token is very undervalued.
$PLX - I sell as soon as I receive tokens from vesting.
$BTRFLY - need to buy more but the crazy cost of gas is off-putting, so here if you buy, then a lot and with one transaction but so far there is not so much cash on hand. The token is very undervalued even after +100% in a month.
Radiant $DLP - all the earnings I get from Radiant, I reinvest back into DLP.
$BIFI - I am gradually building up a position, but so far it is very small.
I've moved stablecoins from @RDNTCapital to @SiloFinance & @digitxyz_ (about which you will soon be able to read an article).
Currently, I don't have any new tokens in mind for purchasing. The portfolio has been established, and the only task remaining is to adjust the proportions of the tokens within the portfolio.
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