Alright you greedy bastards, we've had our fun with the risky coins now lets get serious and fill up the treasury.
Is a major bull run coming with legitimate institutional interest? Why will the institutions stop at BTC & ETH spot ETFs? I'd bet that's just the start.
I have been watching "safe" (tried and true - not going anywhere) coins all year and they're mostly all 2-3x or more already. I was thinking they could only really 2-3x, but if you look at ETH for example pre-2021-bull-run and then peak-2021-bull-run you can clearly see 2-3x is mediocre. I wasn't following crypto as closely back then, but I believe ETH was still #2 market cap, and was able to 20x. And that was before ETFs were on the table (as far as I know), which will certainly entice some major institutions to dip their toes.
I've been told the treasury is 54 ETH. My proposal is keep it safe and keep it simple, these are all top 15 coins:
AVAX - Buy 1 ETH worth @ market ASAP
SOL - Buy 1 ETH worth @ market ASAP
LINK - Buy 1 ETH worth @ market ASAP
DOT - Buy 1 ETH worth @ market ASAP
MATIC - Buy 1 ETH worth @ market ASAP
For each one, let's sell half at 5x the buy price, then HODL the rest.
This is a diversification measure with these coins having higher upside potential than ETH. May the Chads prosper.