Letter 116: Portfolio Update

How I have managed to outperform BTC in 2026

So last week I wrote about TCGs and shared some coins I liked, and then the market promptly decided to nosedive off a cliff immediately after. My timing was so terrible it’s almost impressive (almost).

Why is the market crashing? Well aside from it being a general bear market for crypto, the pending implosion of Saylor’s MicroStrategy and the fears around a future pending implosion from quantum computing have got the crypto markets well and spooked.

It’s been a while since I’ve done a portfolio review post, and while I don’t need a market crash as a reason to do one, it’s generally a good time to take stock of your portfolio situation and re-assess whether or not you’re still happy with how you’re allocated. So, that’s what we’re doing today.

Last portfolio update on February 26th, Bitcoin was sitting at 66k. We’ve had a bit of a rollercoaster ride since then, getting back up over 80k, then crashing below 60k, and now sitting at around 62.6k. In other words, BTC is down 5.2% since last update.

My portfolio, on the other hand, is up about 25%. Great success! While not everything has done well for me (REKT and some of the BANKR ecosystem tokens are down pretty bad since then), I significantly outperformed by being heavy in AI/Privacy coins. ZEC, TAO, HYPE, and especially VVV/DIEM have carried my portfolio.

Those tokens unsurprisingly now make up the bulk of my allocations, but I have been slowly allocating some more of the speculative portion of my portfolio over to TCG tokens.

Here’s the full breakdown of every token I hold: