Last saturday we decided to decrease the risk and exposure to the cryptomarket, moving a total of 75% to $USDC and 25% to $BTC .
This proved to be a fortunate move, since $BTC dipped over 20% in the past days and remains looking quite risky. Altcoins consequently took an even harder beating, some dropping over 40%.
We still believe the risk is high, however if $BTC keeps coming down rapidly in the next days this might open up opportunities to slowly start buying back into the market.
Looking at the macro scale of the market, we think the next months will be tough but history tells us these are the times to steadily increase our portfolio by dca’ing in the coins that will survive the bearmarket.