Nick Mandal pfp
Nick Mandal
@nickmandal
Family friend in tradfi wants me to invest 6-figures of money for him in crypto. How would you allocate it?
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JAKE pfp
JAKE
@jake
60% BTC 30% ETH 2% SOL 1% MATIC + 1% or less per allocation in a long tail of others depending on how long a tail you want to do, ones like ZEC, ATOM, AVAX, NEAR, DOT, HNT, ENS, etc… those 7 at 1% get you to 100% with a relatively short long tail. This is not investment advice.
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JAKE pfp
JAKE
@jake
The underlying strategy here is to make a coin agnostic bet that is generically pro-crypto, making roughly market-weighted allocations within reason so that regardless of who the power law winners are you put enough chips on the table to win regardless of outcome, if crypto wins.
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Nick Mandal pfp
Nick Mandal
@nickmandal
I like the sound of this a lot and it generally mimics my personal crypto portfolio allocation (though have more of a balance of BTC and ETH)
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