Chase Sommer
@chasesommer.eth
What’s the crypto equivalent of buying S&P500 in terms of longevity and simplicity? Hodl BTC, ETH, & SOL?
2 replies
0 recast
3 reactions
matthewb.eth
@matthewb
something like 70/20/10 or 60/30/10 BTC/ETH/SOL
1 reply
0 recast
1 reaction
Chase Sommer
@chasesommer.eth
Would it ever make sense to flip those ratios to put a higher % in the lower priced ones? I guess that would be flipping BTC and SOL
2 replies
0 recast
1 reaction
matthewb.eth
@matthewb
I guess it depends on your risk tolerance but imo that would be more like active trading, and less like a “set and forget” S&P style index personally I believe that SOL will perform well in the next 6-12mo but it will also have a greater bear market drawdown vs. BTC or ETH
2 replies
0 recast
1 reaction
Chase Sommer
@chasesommer.eth
Ok ty kind sir
1 reply
0 recast
1 reaction
matthewb.eth
@matthewb
would also say that there is some idiosyncrasy to crypto majors since they’ve so far exhibited strong cyclic behaviour along 4-year liquidity cycles. maybe this volatility will diminish over time with the ETFs, but right now it’s quite striking to see how e.g. ETH only outperforms in a relatively small window near the end of a given cycle. so you really need to take a long-term view if you’re not planning on actively trading. we also only have two majors with approved ETFs, so BTC and ETH are the only assets with potential future flows from tradfi/institutions. obviously not exactly guaranteed, but puts them into a different category of investment vehicle. remains to be seen if other assets in the top 10 like SOL and XRP get ETFs approved under the Trump admin.
0 reply
0 recast
1 reaction
