The Shot Over the Bow

Risk markets took some damage on Monday due to some generally-ignored economic reports that showed that growth is still there (ISM Services and Factory Orders) and that the Fed has more work to do in order to hit their goals of total economic destruction.

Anything above “50” means expansion. The Fed can’t have that, so it’s unclear what this will mean when the FOMC reconvenes in a week to set rate policy. Good news is Bad News for now.

Something else to be aware of upcoming are the PPI report (Producer Price Index, or Wholesale Inflation) coming up this Friday, as well as the CPI (Consumer Price Index) which hits next Tuesday. These reports will affect all risk assets, including Crypto.

So far today, BTCUSD is down just over 1% which actually compares favorably with the NASDAQ.

Bankman-Fried Will Testify When He’s Ready, Not Before

Maxine Waters has formally requested that Sam Bankman-Fried testify before Congress on the 13th of December. SBF’s response? He’s not sure that he can make it.

Being that he’s the #2 donor to the party in charge, having donated over $39MM during the latest election cycle, I suppose that gives him the power to pull the strings.

Seriously? This guy doesn’t know what happened? The victim card is running out. One by one we have to run these bad players out of Crypto before this asset class can mount a comeback.

The ReadySetCrypto "Three Token Pillars" Community Portfolio (V3)

Add your vote to the V3 Portfolio (Phase 3) by clicking here.

View V3 Portfolio (Phase 2) by clicking here.

View V3 Portfolio (Phase 1) by clicking here.

Read the V3 Portfolio guide by clicking here.

What is the goal of this portfolio?

The “Three Token Pillars” portfolio is democratically proportioned between the Three Pillars of the Token Economy & Interchain:

CryptoCurreny – Security Tokens (STO) – Decentralized Finance (DeFi)

With this portfolio, we will identify and take advantage of the opportunities within the Three
Pillars of ReadySetCrypto. We aim to Capitalise on the collective knowledge and experience of the RSC
community & build model portfolios containing the premier companies and projects
in the industry and manage risk allocation suitable for as many people as
possible.

The Second Phase of the RSC Community Portfolio V3 was to give us a general idea of the weightings people desire in each of the three pillars and also member’s risk tolerance. The Third Phase of the RSC Community Portfolio V3 has us closing in on a finalized portfolio allocation before we consolidated onto the highest quality projects.

Our Current Allocation As Of Phase Three:

Move Your Mouse Over Charts Below For More Information

The ReadySetCrypto "Top Ten Crypto" Community Portfolio (V4)

Add your vote to the V4 Portfolio by clicking here.

Read about building Crypto Portfolio Diversity by clicking here.

What is the goal of this portfolio?

The “Top Ten Crypto” portfolio is a democratically proportioned portfolio balanced based on votes from members of the RSC community as to what they believe are the top 10 projects by potential.

This portfolio should be much more useful given the ever-changing market dynamics. In short, you rank the projects you believe deserve a spot in the top 10. It should represent a portfolio and rank that you believe will stand the test of time. Once we have a good cross-section, we can study and make an assessment as to where we see value and perhaps where some diamonds in the rough opportunities exist. In a perfect world, we will end up with a Pareto-style distribution that describes the largest value capture in the market.

To give an update on the position, each one listed in low to high relative risk:

SoV/money == BTC, DCR

Platforms == ETH, XTZ

Private Money == XMR / ZEC / ZEN

DeFi == MKR / SNX and stablecoins

It is the most realistic way for us to distill the entirety of what we have learned (and that includes the RSC community opinion). We have an array of articles that have gradually picked off one by one different projects, some of which end up being many thousands of words to come to this conclusion. It is not capitulation because we all remain in the market. It is simply a consolidation of quality. We seek the cream of the crop as the milk turns sour on aggregate.

Current Top 10 Rankings:

Move Your Mouse Over Charts Below For More Information

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