April 2025 Portfolio Breakdown

I'm starting this series where I'm going to blog about the progression of my investing portfolio during an interesting time. For the past two to three years, I have invested most of my money into cryptocurrencies, which have seen massive growth over this period of time. However, since Trump has taken office this year to start his second term as US president, markets have been... volatile... to say the least. Crypto has been no exception. As the most speculative asset class on the market, they have been hit with major volatility. As a result, I'm down around €300.000 from the 2024 highs. ouch. The cause of this volatility is the trade war↗ that has broken out between the US and China as a result of the tariffs↗ that president Trump has put on the world. At the time of writing this, it is not clear how that battle will end...

Total Net Worth

I know, I know, I'm way too overleveraged on crypto. My plan has been to diversify out of crypto into cash and eventually a more diversified portfolio in the coming bear market. I was personally expecting a blow off top on the market somewhere in the year that Trump would take office. He has a massive ego and is always bragging about how well the markets perform under his presidency. However, since he took office, markets have taken a nosedive.

Stocks

I used to own a bunch of individual stocks, but I rotated most of them into bitcoin when that was 23k USD. I kept two stocks as long term holds: TSLA and PLTR. As you can see I don't own Palantir shares anymore because I sold them after a 4x after buying them at 7 dollars. Right after that, the stock continued to moon another 5x to 125 dollars.

Feels bad man.

But oh well, hindsight is 20/20 and I did rotate it into crypto which performed very well from there. However, it is hard to quanitify if I got a 4x in crypto during that time, so I'm still a tad bit salty about it.

It did teach me a valuable lesson though. I have now sectioned my portfolio into 'long term holds' which are basically positions which I'm never going to touch. This way I don't get tempted by Mr. Market. Currently only my Bitcoin and Tesla positions are in that section of the portfolio. The rest i'm free to trade.

Tesla

Although a bit questionable in the current environment where libs are literally putting Teslas on fire↗, I'm still continuing to diamond hand my Tesla shares (as it's in my long term portfolio section).

It's questionable since those silicon valley libs were initially the entire customer base of Tesla. How times have changed. Why are they setting Teslas on fire now? It's because Elon has entered politics and has created D.O.G.E; the 'Department Of Government Efficiency'.

On the other hand, Henry Ford was an outspoken antisemite↗ who openly supported and funded Hitler and the nazi party, and bought a newspaper to publish a 91-part series titled "The International Jew: The World's Foremost Problem". Despite this, Ford continued to become the second largest U.S. based automaker. So whether Elon has completely destroyed the image of the company remains to be seen.

Anyway, the thesis behind the investment is simple: 'Don't bet against Elon Musk'. Also, Tesla is well positioned to capitalize on two major S curves AI Transport and AI Labor↗. Although I do have some doubts↗ whether Elon wants to develop these at Tesla where he has a "mere" 12.8% stake in the company, or whether he wants to do it at xAI / SpaceX, where he holds more control and are privately owned.

ASTS

As you've probably noticed my ASTS position is neglitiable. However, it's one of those stocks that has been on my radar for a while now, and I want to do a deep dive on it. I have this concept of 'Tracker Positions'. The stock is interesting enough for me to consider, but I haven't done the research to really initiate a position. I don't want to forget about it, therefore I just buy a small amount so that I see it in my portfolio and it stays in my mindshare.

So why ASTS? Well, I find the sector highly interesting, and i've been looking at companies to capitalize on this sector. However, besides SpaceX i've yet to find low Earth orbit satellite constellation companies worthy to invest in. Sadly, investing in SpaceX is not possible, and likely won't be for a small retail investor. Then you have the companies that build rockets to launch the satellites, but they are all highly risky to invest in.

So largely, i've ignored this sector so far, but have tried to keep an eye on it. Enter 0x7d54 with his thesis on ASTS. He has been bullposting ASTS publicly on his X since the lows of 2 dollar. Currently, the stock is trading at 21 dollars and some change, so a clean 10x so far, and has been ranging since. Sadly, I didn't meet 0x7d54 during the time the stock was trading at those attractive valuations. I met him in the Pepecoin community in 2024, where he is one of the top whales.

So, this is what he tweeted↗ on ASTS in 2022: "This company is launching a constellation of satellites to create a global broadband cellular network: 5G direct from space to devices". I know for a fact that this anon with a few thousand followers has an investing portfolio north of 25m dollars (I track his crypto wallets on chain). So when a smart and wealthy anon on X recommends a stock in an industry I'm interested in, I intent to keep an eye on it.

Cryptocurrencies

So now we get into my mess of a crypto portfolio. For convenience i've left out all my positions under 100 USD. I have 26 more random coins that I hold like 80 USD in. So that's another 2k, but the list would become too cumbersome.

Instead of talking about each and every coin in the portfolio, I'm just going to discuss the three coins that I'm most bullish on. Pepecoin, Peapods Finance, and Empyreal.

Pepecoin

My meme coin pick of this cycle

The thesis is simple. Meme coins are the major asset class within this crypto cycle. Pepe is the OG meme. This is the OG Pepe meme coin from 2016, which launched as it's own PoW blockchain and in 2023 migrated to the Ethereum blockchain. It got frontrun by a fraudulent coin that ran up to the billions. But, the Pepecoin team is trying to reclaim it's throne by building some interesting products, that will hopefully get them the recognition they deserve.

It's currently trading around $0.50, down from the highs of $7 dollar. I diamond handed it all the way from the top. ouch.

But I'm fairly convident this cycle isn't over yet, and Bitcoin has another major run in the tank, trading at $87k at the time of writing this. If that is the case, alts should make a comeback as well.

Peapods Finance

My DeFi pick of this cycle

They have taken a really novel approach to capitalize on the one guaranteed constant within the crypto space.

volatility

Peapods Finance farms volatility by letting bots arbitrage between the synthetic version of a podded asset. The team is big brained and moves fast. About a year ago they stealth launched the first iteration of the protocol. Quickly after that, they launched the Green Arrow update, which innovated on single-side staking. Basically, the each time an arbitrage would take place, part of the synthetic asset would be burned, resulting in the synthetic asset increasing in rarity in relation to the real asset. Big brain stuff. Now, they just released the beta of Leveraged Volatility Farming, which has the potential to completely disrupt the DeFi space.

Do yourself a favour and read about it here↗. It's part one of a three part series, but it's well worth it. Currently the coin is trading at a marketcap of 26 million, with each token being $2.61. The coin is fully diluted and deflationary. I have a good feeling about this bet.

Empyreal

My AI pick of this cycle

This is my AI pick of the cycle because the team is big brained, they are building real solutions, and are at the cutting edge of this cycle's hype "DeFAI". It's the combination of AI and DeFi.

Simply said, Empyreal is an SDK which abstracts a lot of the web3 complexity away so that traditional devs can quickly start building in web3. Empyreal builds on top of their own infrastructure such as their soon to be released EMP Cloud↗.

One example of what they are building using their own SDK is Simulacrum↗, which is already getting adoption by some major accounts↗ on X.

Looking Forward

It has been a crazy ride these past couple of months. Even though I'm down an apartment, I'm sticking to my plan. Wait for the final blow off top, then sit in cash and wait for the inevitable bear market. When the lows of the credit cycle↗ are in, I'm going to be buying highly discounted growth assets with hopefully a big bag of cash which I will have available. Also, i'll be buying some all-world index funds to hedge my wealth.

That, or i'll ride my bags to zero and I have to start accumulating wealth all over again. But that's why I'm starting this series on my blog! To see the change month over month, and reflect on my thoughts and changes on the market. See you next month!