Crypto analyst Miles Deutscher is in the spotlight due to his strategic moves during the bull market. Deutscher is selling off certain altcoins and reallocating funds to projects with greater potential. Through these actions, he is restructuring his portfolio with the aim of achieving high returns.
What Criteria Determine Altcoin Changes?
Miles Deutscher adopts a specific approach to his altcoin sales by closely monitoring market movements. He suggests selling cryptocurrencies like Ondo, basing this recommendation on concerns that an upcoming token release may decrease the coin’s price.
Deutscher is also converting SOL coins to Ethereum (ETH) $3,889 to diversify his portfolio. Despite ETH’s recent challenges, he predicts better long-term performance. “Looking at the SOL/ETH chart, I believe a shift in favor of ETH has begun,” he states, advising others to consider similar actions.
Focusing on AI and Innovative Projects
Deutscher continues to express interest in artificial intelligence (AI) projects. However, he has put FET coin up for sale, explaining that “FET does not generate enough excitement.” Instead, he is directing his efforts toward new AI-based projects like Virtuals Protocol.
He is also making bold moves in the tokenization of real-world assets (RWA). By investing in innovative projects such as CHEX, he demonstrates confidence in this sector’s future. Additionally, while selling assets like Render in DePIN (Decentralized Physical Infrastructure Networks) projects, he prioritizes projects like PinLink and AIOZ.
Deutscher adopts a flexible strategy by closely observing market trends in his investments. By reshaping his portfolio, he aims to minimize opportunity costs. “Responding quickly to changes in the market is fundamental to a successful strategy,” he remarks, continuing to guide others in the investment landscape.