Continue firmly buying the dip in BTC and crypto assets I’m bullish on
I’m gradually increasing the share of my personal portfolio allocated to crypto, for three main reasons worth considering.
First, the market may have entered a new cycle.
Historically, Bitcoin bear markets have typically lasted about a year. The previous cycle peaked at around $120,000, while the low in the current cycle was $57,000. The correction has already lasted more than a year, and about 15 months have passed since the bear market began. From a cyclical perspective, the market may be nearing the end of the bear market and gradually transitioning into a new bull market.
Second, BTC itself has limited upside, but related assets offer greater leverage.
The gains in each Bitcoin bull market have been diminishing—from several hundred times in the early days to less than 8 times at the peak of the previous cycle. If BTC rises only 3–4 times this cycle, simply holding BTC may no longer meet some investors’ expectations for returns.
As a result, assets such as MSTR and ASST, which are highly correlated with BTC and more volatile, may offer a way to amplify returns in a bull market. Of course, they also entail greater downside risk, and their performance is not simply a fixed multiple of BTC’s.
Third, it’s currently difficult to find investment opportunities more attractive than BTC.
In recent times, global capital has been concentrated mainly in AI and semiconductor stocks. But valuations for these assets are already high, making it increasingly difficult for ordinary investors to keep participating.
By contrast, BTC has just undergone a deep correction, allowing valuations and market sentiment to reset. Even if its future gains may not match those of some AI stocks, I believe BTC remains an asset worth paying close attention to, given its position in the current cycle and its role in a long-term portfolio.
My core thesis is this: the cycle may be turning, BTC offers a relatively clear direction, while related high-leverage assets offer the potential for greater returns.
I’m gradually increasing the share of my personal portfolio allocated to crypto, for three main reasons worth considering.
First, the market may have entered a new cycle.
Historically, Bitcoin bear markets have typically lasted about a year. The previous cycle peaked at around $120,000, while the low in the current cycle was $57,000. The correction has already lasted more than a year, and about 15 months have passed since the bear market began. From a cyclical perspective, the market may be nearing the end of the bear market and gradually transitioning into a new bull market.
Second, BTC itself has limited upside, but related assets offer greater leverage.
The gains in each Bitcoin bull market have been diminishing—from several hundred times in the early days to less than 8 times at the peak of the previous cycle. If BTC rises only 3–4 times this cycle, simply holding BTC may no longer meet some investors’ expectations for returns.
As a result, assets such as MSTR and ASST, which are highly correlated with BTC and more volatile, may offer a way to amplify returns in a bull market. Of course, they also entail greater downside risk, and their performance is not simply a fixed multiple of BTC’s.
Third, it’s currently difficult to find investment opportunities more attractive than BTC.
In recent times, global capital has been concentrated mainly in AI and semiconductor stocks. But valuations for these assets are already high, making it increasingly difficult for ordinary investors to keep participating.
By contrast, BTC has just undergone a deep correction, allowing valuations and market sentiment to reset. Even if its future gains may not match those of some AI stocks, I believe BTC remains an asset worth paying close attention to, given its position in the current cycle and its role in a long-term portfolio.
My core thesis is this: the cycle may be turning, BTC offers a relatively clear direction, while related high-leverage assets offer the potential for greater returns.
