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- Popular YouTuber Ben Armstrong holds 30% of his portfolio in Bitcoin as the main asset, followed by Ethereum and Cardano.
- ETH and Aave are the worst-performing altcoins in Armstrong’s portfolio.
Trader Ben Armstrong has posted a disclosure video on his YouTube channel showcasing the contents of his crypo portfolio. His biggest investment is Bitcoin, which makes up about 30% of his crypto assets.
The trader considers the first cryptocurrency by market cap to be the safest bet for people “just getting into crypto.” Therefore, he recommended holding 25% to 50% of a portfolio in BTC.
However, Armstrong clarified that this was not always the case for himself and confessed that he invested more in altcoins for most part of his career. The trader further revealed:
I think altcoins are the easiest and most explosive way to make your portfolio explode (…). If you try to flip thousands of dollars into 6 figures, Bitcoin won’t get you there.
Furthermore, he revealed that his second and third highest investments are Ethereum and Cardano with 22% and 10.92%, respectively. He rated them as the most important projects in the crypto space, and suitable assets for a strong and balanced portfolio. The trader added:
The volatility and risk of top projects is much lower than projects outside the top 20 or top 100. Even if you are looking to invest in small cap currencies, you need exposure to the top currencies. The returns are still great, but the risk is lower. This is the kind of advice I give to my own family.
Ben Armstrong’s most profitable altcoin
The trader confessed that his portfolio can have “a lot of altcoins” and advised investors not to fall into “over-diversification”. In this regard, he explained that the ideal portfolio has between 5 and 20 coins which tolerate an investor’s economic situation. Armstrong said:
For a portfolio with $10,000 or less, I strongly suggest having between 5 and 8 coins maximum. The reason is simple, if you have $1,000 and 100 coins you will not be able to make massive profits.
Calling the crypto market dynamics “cyclical,” the trader explained that investors should take profits during “altcoin seasons.” Otherwise, they may miss the opportunity to take profits.
Furthermore, the trader’s portfolio also includes Polkadot, Aave, Graph, Chainlink, Ethernity Chain, Synthetix, Uniswap, Cosmos, Compound, Elrond, VeChain, Solana, Tezos and Frontier. However, the coin that has brought him the most profits is Cardano (ADA):
Our most profitable coins here are Cardano, it’s our number one most profitable coin we’ve ever had, and ERN. And I think that ERN is going to end up actually being number one here in the near future.
On the other hand, his coins with the biggest losses are Ethereum and Aave.