IA Portfolio Oct 24 (Patreon)
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My Portfolio Update
Tesla and MicroStrategy Holdings
After consistently accumulating shares throughout 2023 and 2024, I've finally managed to grow my Tesla (TSLA) position to half the size of my MicroStrategy (MSTR) bag.
Solana vs Bitcoin Performance
Last week, Solana (SOL) and Bitcoin (BTC) were equivalent levels. However, SOL has since surged ahead, significantly outperforming BTC. This trend is likely to continue in the near future, given Solana's recent momentum.
Asset Allocation
My current portfolio remains heavily weighted towards cryptocurrencies and crypto-related assets, accounting for approximately 75% of my total investments. This allocation reflects a strong bullish stance on the crypto market thru the latter part of the bull, though it's important to note that such a concentrated position carries increased risk. I continue to rotate and reallocate.
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