Exited all my crypto holdings gradually over the past month or two. I was lucky enough to be able to sell quite big chunks in early January. Some of these are up over 10X but they were only ever a very small portfolio weight.
There is too much froth / junk / fraud in the market and I dont see downwards trend reversing any time soon. I think there needs to be a big clear out before we can get decent rises.
Continue reading “More Crypto – sold KR1 / direct holdings, shorting Tether”
Selling half of my PVCS at a c7% loss.
Their strategic review is taking too long. In addition I was over optimistic / didnt put enough thought/work into my estimate of closure costs which I now believe could be a lot more than the €2m I guessed.
This might reduce my upside quite a bit and the delay on the strategic review is making my nervous so I am lightening this up substantially.