According to @CryptoMichNL, his altcoin portfolio is currently down about 60% after previously hitting a 70% drawdown, underscoring elevated volatility in high-beta crypto assets (source: @CryptoMichNL on X, Oct 26, 2025). He states he remains all-in on altcoins with his thesis unchanged, indicating no portfolio adjustments despite the drawdown (source: @CryptoMichNL on X, Oct 26, 2025). He adds that market sentiment can reverse quickly, which could move the portfolio back to profit in a short window if a risk-on phase returns (source: @CryptoMichNL on X, Oct 26, 2025). He frames the risk-reward as tolerating 50-60% drawdowns to target a potential 10x portfolio outcome and cites possible 20-50x returns in select altcoins, highlighting an asymmetric-upside strategy (source: @CryptoMichNL on X, Oct 26, 2025). For traders, his stance signals a high-volatility, long-only approach focused on sentiment-driven regime shifts in altcoins, where timing and conviction are critical given large interim drawdowns (source: @CryptoMichNL on X, Oct 26, 2025).