While this trend has been going on for the past few months, I think an allocation to several DeFi tokens will continue to outperform ETH and BTC over the next few months to a year. I’ve posted a few specific names already, but to recap, I think the best opportunities are:
Yearn.Finance (YFI), Meta (MTA), Aave (LEND), Synthetix (SNX), and Kyber Network (KNC). Other interesting projects include Compound (COMP) and Curve (CRV) which has not been released yet.
My strategy right now is overweight ETH. I’ve been looking to make more ETH through these investments, while also betting that ETH will outperform BTC over the same timeframe. While I’m currently underweight BTC in my crypto portfolio, I’ve been buying GBTC in my IRA to make up for a decrease in my spot holdings and to capture what I anticipate will be a greater premium than spot BTC as investors look to buy the easiest way to gain exposure to Bitcoin which for now is still through Grayscale’s Bitcoin Investment Trust.
theDCal 