CryptoMichNL: Sells REZ for W in Altcoin Portfolio
CryptoMichNL sells $1,000 in REZ at $0.0071 and buys $3,000 in W amid altcoin portfolio update, with $160K invested now at $78K, down 50%.
SourceAnalysis
Crypto trader Michaël van de Poppe just trimmed his altcoin portfolio by selling $1,000 worth of REZ at $0.0071 for 140,845 pieces, channeling funds into $3,000 of W at $0.0159, including an extra $1,000 add-on, as markets show fresh momentum in this potential crypto market bottoming out phase. His portfolio, with $160,000 invested, sits at $78,000 after recovering from a 75% drawdown to just 50% down, and he plans four more $10,000 injections through September before halting to maximize ROI amid expected Bitcoin and BTC stabilization. Van de Poppe eyes compounding returns by rotating into breakout altcoins like W, despite unchanged fundamentals on REZ which surged 2.5x from lows but hit overextended sigma levels on daily charts, signaling smart risk management in this volatile altcoin market momentum uptick. This move underscores active portfolio tweaks as crypto market recovery builds, with more updates promised soon.
Michaël van de Poppe
@CryptoMichNLMacro-Economics, Value Based Investing & Trading || Crypto & Bitcoin Enthusiast