Hi,
two days ago, I've asked how your portfolio is set up. The post can be read in here.
After looking at mine deeper, I've seen that some stuff needs to be sold. At least on projects that are not going anywhere, or the value has dropped so hard, that the team will probably no longer invest time in it.
A few days ago, for example, another project on Hive closed, the announcement of closure of Rabona, can be found in here. It is sad to see such projects go. The main thing is the funding, where a project can't sustain itself due to the low value of the asset.
This happens with firms also. We can compare the crypto projects with business, and when funding and motivation is gone, bankruptcy and liquidation follow.
So, after looking at the portfolio, I decided to drop more than 50% of the projects, basically keep a very small portion of each.
Sell the rest of the stake.
Buy something that makes sense.
Do more research on each, it is your money.
This is what I wrote myself as a reminder.
The times are for cleaning, consolidating and building a bigger amount of liquidity for opportunities.
How do you see it?