hinting to the point that GCO is generally not holding $BTC as it (1) aims to outperform btc and (2) everbody should in our view hold majority of his (crypto-wealth) anyway in BTC and best in personal cold storage anyway anytime. We are only going into BTC if risk reward is unmatched in very special situations e.g. when BTC runs.
In this stage of this very strong bull market the goal of GCO can only be to even outperform BTC. And in addition to constantly detect the market if a cycle top is in, then massive derisking. So far outperformance🚀 based on defi, infrastructure, and momentum working well, with not too much risk involved....😎
Using weakness in market to add new $REN and $BAL
Aug 2020 Strategy ChangeAs we approach interesting bull market times in current cycle - till e.g. end of 2021 - GCO now (using current pulback) wants to also position in HIGH BETA Altcoins (with focus platform, defi etc) and reduce BTC.As a BTC ‚Softmaximalist‘ I still strongly recommend everyones biggest longterm position in crypto should always be BTC!