RE: AskLeo: What Does Your Crypto Portfolio Allocation Look Like?

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Really bad. A major portion of it is Hive(and Hive Engine tokens). Diversity is important and while I do hold some of other coins, the direction that my entire portfolio goes is practically determined by Hive. I've wanted to get more into ETH but fees are preventative there. And EOS has turned out to be a disappointment with just gambling on the entire platform. BTC is just a hodl type coin so nothing to look at there but the price. Same with LTC and DOGE. And honestly I think that covers my entire portfolio.



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Yeah definitely sounds like you've got a need for speed diversification. There are a lot of opportunities out there in crypto right now and while I also love Hive and spend a lot of time BUIDLing here, it's important to spread the allocation a bit (which may actually play to your benefit if your goal is to stack more HIVE - i.e. holding BTC versus HIVE the past few months and then going back into HIVE).

EOS has always been disappointing to me. I have a few friends that work closely with EOS and I've never been a fan of what that "blockchain" looks like. Kudos to people who use it - I'm not a hater, just not an investor.

ETH was on my radar right after BTC when I first got involved in the space. It will always be my second love.

LTC is something I've used as a payment gateway. I never HODL LTC, but the lower fees and usability make it useful in certain scenarios.

"BTC is just a hodl type coin so nothing to look at there but the price"

I do think this has changed. Right now, you'd have to wrap BTC to provide liquidity and earn APY, but you can earn. I'm in a BTC pool on Curve and earning about 27% APY on my Bitcoin.

Soon, Thorchain is set to launch native BTC pooling which means no custodian risk on Wrapped Bitcoin. I plan on going heavy into BTC-RUNE pools when that is live :)

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Thorchain's not on ETH right? If the fees aren't like ETH I'll check it out.

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Thorchain is a cross-chain liquidity platform. Right now, they are in their early stages so there are pools on Sushiswap/uniswap (ethereum) but the point of the protocol is to build bridges to all blockchains/assets.

Fees on thorchain mainnet will be far cheaper than ETH.

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Wait, you are earning 27% APY pooling BTC (against what?) on Curve? That is a lot. Any idea when that BTC-RUNE pool is coming? It feels like forever. Right now I am rather looking at selling some of my RUNE after all the massive gains recently.

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Yep that's on Curve and the APY is nice on a lot of the pools right now. I'm getting over 70% in the USDn pool.

BTC-RUNE should be coming within Q1 or Q2 of this year. They are a bit behind schedule but it's all in testnet at the moment.

When that launches, my rough plan is to swap half of my RUNE into BTC and pool the lot. We'll see when the time comes, but I imagine RUNE will be $6+ at that point and time for me to take a little profit

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