Chase Sommer
@chasesommer.eth
What’s the crypto equivalent of buying S&P500 in terms of longevity and simplicity? Hodl BTC, ETH, & SOL?
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matthewb.eth
@matthewb
something like 70/20/10 or 60/30/10 BTC/ETH/SOL
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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
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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
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BrixBountyFarm 🎩
@brixbounty
It needs to be an index which shifts with the meta… if you only hold the top 3 you don’t get exposure to evolving metas… aka no $virtual exposure in December not ideal. cb50 was mentioned, yet to be crypto native probably needs rebalancing on a monthly basis at least cause of speed of evolution
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matthewb.eth
@matthewb
yes, perhaps worth looking at: https://indexcoop.com/ top 50 is full of garbage though, lots of those tokens will only appreciate significantly in the very last phase of the market cycle after an ETH solo rally (“alt season”) and will be outperformed by BTC until then. if you’re actually shoving a big chunk of your NW, large majority in BTC/ETH/SOL makes the most sense. maybe like 90/10 majors/flavour-of-the-week or similar.
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BrixBountyFarm 🎩
@brixbounty
Agreed
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