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MN Trading founder: The decline in altcoin investment has narrowed from over 50% to 15-25%, and good days are ahead
2024-09-30 04:12:51
Odaily News Michaël van de Poppe, founder of MN Trading, said in a post on X: "People have been laughing at my moves in the altcoin portfolio, yes, I have fallen by more than 50%. However, if my basic theory is correct, I can accept a drop of more than 50%, and if this happens within 12-18 months, my portfolio will have at least a 10-fold return. In this case, anonymous people on social media are always laughing at you when you make a decision. I am sharing my personal decision, which is risky. Yes, I will change this behavior in the next few years because I have different priorities on the list, which makes me decide to take less risk. The last round, that is, the third cycle, has a larger AUM before making more and safer bets, which naturally produces a lower return on investment. How is my portfolio performing today? Although it is still down 15-25%, it is close to returning to the starting point. Better times are yet to come."