20X Bull Run Altcoin Portfolio

Sovereign Crypto

Published in

Coinmonks

9 min readMay 31, 2023

Last Bull Run 10X. This bull run goal is 20X. Full Altcoin Portfolio and crypto journey breakdown.

Brief Story of my Background

Recounting the story of the last three years of my crypto journey is bittersweet for me. I got into crypto entirely by accident in 2020 as the pandemic began to take hold. I was always numbers and research guy, but never knew what to do with it. I followed in my father’s footsteps and worked in and eventually owned a construction company from the early age of 14 years old. Like many of you out there, I was not happy with my “career”, it did not suit me, and I struggled with stress and related health issues.

When the pandemic hit, I began working from home, and I took it as an opportunity to look for a way out. I spent all day everyday researching between zoom meetings, and finally came across this tech called blockchain, and its finest iteration: Bitcoin.

I was instantly fascinated, and began researching money and Bitcoin 12+ hours a day nonstop. I couldn’t get enough. I dove into some of the top altcoins at the time with only a basic understanding, researched them non-stop, learned the technology and fundamentals behind all of them. I dove into DeFi an on chain yield farming and micro caps, and finally learned the basics of coding with Solidity.

I have not stopped learning and playing in the on-chain wild west, and I have learned a lot. I built my portfolio from $150K to almost $2M. As you might have guessed, I rode that $2M down about 65% as the bear market slammed the crypto markets. Still, I managed to protect much of it by funneling profits into BTC and ETH, and was accumulating as blood ran in the streets. I thought I was primed and ready for the next run. Then in October of 2022, I had the majority of it frozen on a CeFi platform, and not for the first time faced the reality of working so hard, making so many good decisions, only to have it all taken away by one bad one.

Despite the mistake, I have not stopped working and learning. I have managed to build solid positions with the third of my portfolio I had left on chain, and feel that with some hard work and continued learning, this Bull Run will eclipse the previous one by a country mile.

Enough of the reminiscing. Lets look at my portfolio, and how I plan to set myself up make it all back and much more, and how you can as well.

BULL RUN READY PORTFOLIO:

The following should be considered an outline of one way to construct a portfolio, but certainly not the only way. Think of it as a jumping off point for your research and a way to build perspective from someone who has been though plenty of ups and downs in life and in crypto, and has learned some valuable lessons along the way.

I will break my portfolio into 5 sections, and attribute to each coin a hold or accumulate directive.

Holdovers from previous bull run
Blue Chip Altcoins
Core Speculative Positions
Speculative Small and Micro Cap Altcoins
Anchors (BTC and ETH)

1 — Holdovers from previous bull run:

As the name indicates, these are altcoins I have intentionally held over from the previous bull run, and which I intend to hold well into the next one with the expectation of potential new ATHs.

Polkadot ($DOT): Had a huge run-up midway through the last bull run, but lackluster performance in the early stages of this one. If they address UI problems, the phenomenal tech should propel this higher. Also a darling of the growing Asian markets. (HOLD) Polkadot
Cosmos ($ATOM): Great UI, solid and well adopted tech. Huge number of Layer 1s using tendermint tech, but needs a tokenomics revamp. (HOLD) Cosmos Network
Akash ($AKT): Decentralized GPU computing power built on Cosmos, low inflation, solid tokenomics, massive potential with the new demand for GPU via AI. (ACCUMULATE) Akash Network
Moonbeam ($GLMR): Polkadot based parachain with EVM compatibility. Largest DeFi hub on DOT, but lacks adoption. Needs to bring in more TVL, but still has potential if DOT gains traction. (HOLD) Moonbeam Foundation
Osmosis ($OSMO): Cosmos based layer 1 that acts as a cross chain DEX. Amazing tech, fairly good adoption, needs better value accrual to token. Undervalued, but will consider a hold given an existing mid-size position (HOLD)

2 — Blue Chip Altcoins:

These are blue chip altcoins I have generally been accumulating since mid last year with the intent of longer term holds. Intended holds are 18–24 months on average, with solid multi-X potential and more conservative risk profiles.

Fantom ($FTM): The best EVM tech out there, with a solid core community. Needs to gain traction with TVL and Daily Active Users to really take off. Very high potential. (ACCUMULATE) Fantom Foundation
Polygon ($MATIC): Reasonable tech with an oustanding business development team. New Polygon ZkEVM could be huge in partnership with Immutable X, but needs to stop the TVL bleed. (HOLD) Polygon
Chainlink ($LINK): An infrastructure oracle play that is essentially a mandatory integration for new dApps and Layer 1s/2s/etc. Needs to improve tokenomics for token value accrual. Consider this an accumulate, but I will be holding as I have a large bag already. (ACCUMULATE) ChainLink
Solana ($SOL): Originally a Solana skeptic, consider me converted. They have had plenty of roadblocks, but have held on to impressive DAU and TVL numbers, despite the clubbing from FTX et al. SOL could stand out as the main cheap and fast alternative to ETH. (ACCUMULATE) Solana

3 — Core Speculative Positions:

These are coins that, for the most part, have been accumulated over the past 6–9 months and which I will continue to add to on dips. These are my high conviction spec plays that I believe have strong teams, very good tokenomics, strong leaders and excellent fundamentals.

XBorg ($XBG & Prometheus NFTs): This is a revolutionary GameFi infrastructure project that aims to capitalize on the imbalances in Esports and Gaming by leveraging crypto. They have some huge partnerships, just complete a raise of over $2M from community alone, and are backed by Swissborg. Deep dive here. (ACCUMULATE) X Borg
TrustSwap ($SWAP): A launchpad and crypto services platform that provides real yield via token locks/mints/etc, as well as access to top quality private sales. I have added significantly to my position over the last 6 months, and continue to accumulate. Deep dive here. (ACCUMULATE) TrustSwap
Immutable X ($IMX): This is an ETH layer 2 designed specifically for gaming and NFTs, with big partnerships, lots of funds for development, and a strong roadmap for the next couple years. Highlight includes a new ZkEVM chain powered by the IMX token in partnership with Polygon. Tokenomics are also solid. Deep dive here. (HOLD, would accumulate but for large position already)
Level Finance ($LVL & $LGO): This is a recent addition, and a very promising project. A perp DEX on BSC that will be going multichain shortly. Early adopter of the new OFT token standard, and huge real yields as high as 225%. Goal is to use LVL to accumulate LGO. Deep dive here. (ACCUMULATE) Level Finance
Akash ($AKT): Great play on the AI narrative from an infrastructure perspective (see above). (ACCUMULATE)
Swissborg ($CHSB): I have been accumulating CHSB for the last 3 few months. Amazing UI, great team, and now improved tokenomics and their new and exciting Alpha program giving access to distressed assets and Private/Seed sales. (ACCUMULATE)
Zerion Genesis NFTs (Now Premium Zerion DNA): THE best all-in-one wallet with an incredible and constantly evolving web app and mobile app. These NFTs give lifetime free premium access and all kinds of perks. They also just got significantly more scarce. Update here.(ACCUMULATE) Zerion

4 — Speculative Small and Micro Cap Altcoins:

These are predominantly speculative coins with higher risk but high reward. With the exception of Radix and Near, they are all small and microcap projects.

Near & Radix ($NEAR, $RDX): These are excellent but early plays on the native sharding and high speed low cost Layer 1 networks. Adoption will be key, but could play out very well. (HOLD, mid size positions)
PancakeSwap ($CAKE): 2nd biggest DEX by TVL. This BSC native DEX earns significant fees, and has retained great daily volume and TVL numbers. Inflation is high and needs to be addressed, price has been beat down due to recent unlocks. Very undervalued. (ACCUMULATE) PancakeSwap
SushiSwap ($SUSHI): Hold a small bag, as this is a bit of a wild card. Great multichain DEX aggregator, with some reasonable native TVL numbers. xSushi fee share is a solid tokenomic, but poorly implemented. Team is a question mark as well. (HOLD)
Launchpads: BSCPAD ($BSCPAD) and Duck Dao ($DDIM/$DUCK): Both provided exceptional returns in the last bull run. Although currently only hosting infrequent sales, a return to the bull market will have these coins providing significant returns on private sales. Launchpad overview here. (ACCUMULATE) BSCpad DuckDao
Rocket Exchange ($RVF): Amazing atomic swap protocol that facilitates KYC-free exchange from DEXs and CEXs, cross chain, and reasonable costs. Have a small bag, looking to accumulate on dips (ACCUMULATE) RocketX Exchange
PodFast ($FAST): AI tool allowing for AI generated audio and/or video summaries of youtube videos, podcasts, twitter spaces, and lots more. Run by the CEO of Trustswap, solid marketing and good tokenomics. Highly speculative (ACCUMULATE)
Mummy Finance ($MMY): Perp DEX on Fantom and Optimism. Great tech and solid progress, but needs to attract more users and TVL. (HOLD)
NASDEX ($NSDX): Very early stage real world asset DEX run by big time team with Fintech backgrounds. Do not have a bag yet, looking for dips to accumulate (ACCUMULATE on dips) NASDEX
BlackBox Transfers ($BBTT): Very early stage privacy protocol allowing for anonymous transfers and anonymous prepaid VISA cards with your crypto. Waiting for a bit more progress before grabbing a bag, but looks very promising. (ACCUMULATE on progress) BlackBox Transfers
Neptune Mutual ($NPM): A DeFi insurance protocol with huge backers and partners, but that botched their token launch spectacularly. One to keep an eye on, and which I hold from private sales, but progress needed before accumulating (HOLD) Neptune Mutual
More to come that are on my research list and which I am actively using and investigating, stay tuned! I also hold lots of unvested private and seed sale coins and continue to add to those incrementally via the above mentioned launchpads

5 — Anchors (BTC and ETH):

These are self explanatory, and are the anchor for my investments. They typically make up around 1/3rd of my portfolio, with the goal being to funnel a portion of profits from alts and private sales into ETH and BTC.

I will add that it is also always wise to keep some USDC/USDT on hand for opportunities and dips, and stablecoins could also be considered an anchor as well. (portfolio construction tips here)

Conclusion:

It has been my contrarian opinion that the upcoming bull market in crypto will be far more explosive than the last, and certainly more than most expect. There is a confluence of events, a perfect storm, whereby financial conditions are quickly marching towards new money printing, a decrease in interest rates, and soaring inflation. There will be a lull in the short term, but look for a huge turn towards this perfect storm next year, and a spectacular run-up in crypto prices late 2024 and early 2025.

The real money is made in preparing for this bull run now, responsibly accumulating your positions and finding the future narratives that will lead the space forward.

I hope you enjoyed this dive into my portfolio. Let me know what coins you would add to the list, always open for new research candidates!

Good luck out there, and see you on the next one!