Hope you are enjoying that video! Just thought I would update | Coin Bureau Insider

Hope you are enjoying that video!

Just thought I would update you on some portfolio moves...

As we are quite clearly in a bear market, it's worth appreciating that blue chip large market cap assets such as BTC & ETH appear to be holding up better than many of the other altcoins.

Bitcoin dominance appears to be rising while ETH has remained flat. That while most major altcoins have seen their dominance fall.

It also seems that in this recent fall, institutions have been moving back into Bitcoin structured products and funds:

https://www.coindesk.com/markets/2022/05/16/crypto-funds-saw-years-highest-inflows-as-terra-crisis-crashed-markets/

When it comes to ETH, it seems as if August is the most likely timeline for the Merge date and developers are appear keen to push for it.

https://twitter.com/coinbureau/status/1527581730508619776

While I will caution against anyone "buying the dip" (as it could dip lower), it could be an opportunity to slowly DCA into the market. And, if you are going to be doing that, consider those coins that are more likely to maintain their market dominance (Bitcoin / Ethereum).

As such, I have decided to make some adjustments to my portfolio where I will move about 10% of all other altcoins into BTC & ETH in a 50/50 split.

Of course, there will be strategic opportunities to pick up altcoins in the next few weeks, but currently, I think portfolios should be top heavy in BTC & ETH.

I will be updating you with my portfolio position in my newsletter tomorrow.