The post Top Crypto Analyst Takes a 60% Hit on Altcoins, But He’s Not Backing Down appeared on BitcoinEthereumNews.com.

Altcoins Crypto analyst Michaël van de Poppe recently opened up to his audience in a candid YouTube video, reflecting on a tough chapter in his investment journey. He admitted that his decision to go all-in on altcoins during the summer of 2024 turned out to be ill-timed. What started as a $110,000 portfolio has now dwindled to just $36,500 — a painful 60% drop. This isn’t the first time Van de Poppe has weathered major portfolio declines. Drawing parallels with a previous cycle, he recalled losing 80% of his holdings during a past bear market, only to see his investments multiply by 100x afterward. With that experience in mind, he’s now adjusting his approach rather than retreating from the market. One of his latest moves involved exiting a $20,000 position in ENS and reallocating those funds into other altcoins, as part of a broader effort to rebalance his portfolio. He shared that going forward, he’ll be applying a structured rebalancing model, either monthly or quarterly, to navigate market volatility with more agility. Beyond portfolio adjustments, Van de Poppe pointed to macroeconomic stressors as contributors to the altcoin downturn. He highlighted global currency pressures — particularly the weakening of China’s yuan against the U.S. dollar — as part of the reason riskier assets like crypto have come under pressure. He also noted that overall interest in the crypto market has dried up significantly, now sitting at levels not seen since August 2023 — a clear marker of a prolonged bearish phase. Despite the downturn, Van de Poppe remains optimistic. He believes that periods of low sentiment often set the stage for major opportunities. His plan? Stick to a disciplined strategy and rebuild a more resilient portfolio over the next 6 to 12 months, betting on long-term upside once the storm clears.…

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Filed under: News - @ April 20, 2025 10:19 pm