I got a few hundred USDT just chillin in my wallet... Perfect timing to buy the dip, right? I’m kicking off a public portfolio based on a 'Seeking Alpha' strategy.
Gonna target assets moving into the top 50, top 30, and eventually top 10. That’s where the momentum is! Splitting my funds into three parts, aiming for 2x or 3x returns as the tokens rise. If anything drops outta its tier, I’ll sell it off.
And here’s my twist: I’m hedging by shorting ETH on Bybit futures for every asset I buy. What do you think?
Starting an Alpha-Seeking Portfolio
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Not so sure the top 10 changes that often tbh. Top 30, maybe not either... If I were you, I’d just focus on the highest growing asset in the top ten instead. Given that they kinda move together, it might be more effective to stick with Bitcoin, Ethereum, or Chainlink.
You got a list of top 10, 30, 50 you’re using? How often you updating your picks or just letting it ride while you brainstorm? Also, check out the funding fee on that ETH short. Might wanna look at other ways to short it, just saying.
I just picked up some Ethena (ENA) and made sure to hedge it with an equal dollar amount when I bought.
You nailed it about the Top 10 being stable. Maybe we should broaden the scope to something from the Top 100... could pay off better.
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