The pseudonymous host of a well-liked blockchain YouTube channel is letting subscribers in on his crypto portfolio.
With Ethereum (ETH) set to merge within the coming days, Coin Bureau host Man is updating his crypto assortment.
“Though I’m hedged towards the merge not going totally to plan, I’m nonetheless assured that, properly, it should. ‘Vitalik be upon us.’ As such, over the previous few weeks, I’ve added some LDO [Lido DAO] and a few STETH [Lido Staked Ether] to my holdings.
They now account for simply shy of three % of my portfolio. ETH, after all, stays my largest particular person holding at slightly below 41%. Now, a profitable merge must be excellent news for LDO, STETH, and ETH, although I doubt I’ll really promote a lot until they actually, actually pump.”
The Coin Bureau host then factors out ETH rival Solana (SOL) as the very best layer-1 hedge towards the merge failing.
“My focus has at all times been long-term and, to be trustworthy, I’ve by no means actually been one to commerce. However, as any accountable crypto holder ought to, I’ve at all times saved some dry powder readily available simply in case I spot a shopping for alternative. Now, I hold mine in USDC [US Dollar Coin] and I lately determined to make use of a few of that with a view to purchase some extra SOL.
Principally, Solana is a venture I imagine in regardless of its current struggles and I needed to hedge a bit extra towards any attainable merge points. Even when the merge goes easily, I nonetheless suppose SOL has room to develop.”
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