Cryptocurrency world’s closely followed analyst Michaël van de Poppe made a critical share for both new and self-considered experienced investors in the crypto industry. He gave several examples of what a $1,000 optimum altcoin portfolio should consist of, which drew great interest. So, which cryptocurrencies is van de Poppe focusing on?
What Should You Buy According to Poppe?
Van de Poppe mentioned in his statement that a decision should be made for up to two cryptocurrency segments. He continued to explain that there should be eight to ten altcoins or ideally a maximum of four altcoins per segment. Two of these four altcoins should be high volume, and the other two should be small volume.
Specifically, the two major purchases should be from the top five altcoins in a particular segment. The two smaller altcoins should come from cryptocurrencies outside of the top five.
Michael van de Poppe said the following:
My suggestion for a portfolio would be to have between 15% to 20% in large cryptocurrencies and 5% to 10% in small cryptocurrencies per cryptocurrency, which means you will reach 100%, and if you want to allocate 1% to 3% to micro caps, you can do that.
Comments from Poppe
For example, van de Poppe sets two different scenarios during this process, and he has shaped the selection of specific categories and altcoins for the initial $1,000 altcoin portfolio differently depending on the scenario.
In the first scenario, he preferred DePIN (decentralized physical infrastructure networks) for the primary category and layer-2 altcoins for the second category.
The expert chose the two best volume altcoins from the DePIN category, namely Filecoin (FIL) and Akash Network (AKT), allocating 15% of his portfolio to each. He also added two smaller projects, choosing between Ocean Protocol (OCEAN) or IOTA (MIOTA) and Golem (GLM) or IoTeX (IOTX), limiting his choice to 10%.
For layer-2, van de Poppe chose Polygon (MATIC) and Arbitrum (ARB) from the top five and allocated a 15% share to them. He then selected SKALE (SKL) and Cartesi (CTSI) as the altcoins to be included in the list from outside the top five, assigning each a 10% share.
In the second scenario, the choices included different areas such as NFT and Gaming based tokens.
On the Metaverse side, he preferred to buy Sandbox (SAND) and Axie Infinity (AXS) with a 20% share each, while allocating 5% each for the native token of his own game studio, Vulcan Forged (PYR), and the auxiliary token of Treasure Metaverse, Magic (MAGIC).
At the same time, for the NFT category, the expert allocated 20% each for Internet Computer (ICP) and ImmutableX (IMX), highlighting Decentraland (MANA) and ApeCoin (APE) as the best altcoins outside the top five with a 5% share each.