 Welcome to the last set of news like a top stories in crypto and bring it on to bite-sized pieces today Just as the thumbnail suggests, it's pretty important to do a little bit of Diversification as far as risk management So we're gonna take a look at things that I found that really helped me as far as like taking a look at the different Categories that are out there one goes up one comes down and kind of balances everything out We're gonna take a look at potentially a little gem. I may have found called wonder fi And lastly we'll take a little Q&A from a friends the show Ian from token metrics to see how they actually Balance out their portfolio for different categories in the crypto digital assets So well overall those things but first just as a quick reminder We are in the big sale season Christmas is right around the corner for everybody So just so you know unstoppable domains you get a bogey you get buy one get one free as far as like the NFT domains You can find that you can go right unstoppable domains and pick it up But there's a link in the description also shopping.io if you use crypto on their platform the very top here It says 50% off that's up to 50% off if you shop at places like Amazon eBay Walmart and Home Depot So check that out and that's in the links in the description So before we get into the categories just take a look at what the heck has been going on lately we've taken quite a tumble and We talked about this in yesterday's video for the three different reasons Why these things are going on and now the three reasons one of the big reasons is this variant coming about and people Freaking out on it. Sure. Okay, and then we had some expiration of futures and people getting liquidated and You know these things happen and also we took a look at the Fed as they kind of kind of scale back things and what that could mean for Traditional markets and you know Because a lot of different institutions and traditional players are now in the crypto space if the stock market tumbles So does the crypto market unfortunately? That's just the nature of the beast as we let these players in so right now We're sitting at a whopping up 1.3 1% Mario cabs are on 2.5 trillion. We were We were above 3 trillion and then for some reason we just happened to misplace that 500 billion dollars Maybe we'll find it sometime, but the sentiment is looking pretty good We're using trade that chain for sentiment analysis and you know almost 60 out of 100 because I think people know This is exactly what happened in April of 2020 we had that black swan event and now Here we go for there was a delta variant now We have an Omicron or Omicron variant that just came out and people are losing their minds So we'll see if it really is the big deal like how the delta may have been and I don't just it just depends and I'm not here to debate if it exists or doesn't exist What really matters is is that the real aspect of what it's done to our market? So that's all we have but I will I have noticed a couple couple of things that has really helped My portfolio out and that is this is that for as time goes on And I see like my blue chicks like the bitcoins and the theorems go down, which is a bummer. I must must say There's other plays that kind of counter balance it like like my metaverse plays I've been buying land To central and in sandbox and even the tokens themselves have gone pretty well even like a phantom here And so if we can kind of take a look at those different aspects as far as like what is Coming up and how to balance our portfolio because in these days now it seems like Crypto was really diversifying. I mean before in 2017. It was all just crypto currencies and now it's about well What we took them up where we're talking about for like for storage type of tokens Or we're talking about as far as like privacy all the privacy was already there NFTs metaverse plays L1 sell zeros and everything in between so we can really diversify to see what is going to actually last because now we have a More thorough approach as to what these cryptos and these and I like to say digital assets can actually do and I always knew That that's why I named my channel digital asset news I knew in the future it wouldn't just be crypto currencies because there wasn't just currencies It was assets and assets are what we all really want to own and move towards and that's why I named my channel this so When I'm taking a look at what is going on as far as the different diversified plays There's this little trick. I like to do This is coin gecko. Let me make this a little bit better to see so Blow it up a little bit more So like here we can see the more cabinet anything else but right up here where Where it says show stats 39.51% there's this thing called categories and I'd love to click on that just to see what's up And what's down and we can see right here Everything that it's it separates them into the different categories that they are and some are kind of loose because sometimes you'll have like Gaming tokens overlap with metaverse tokens and NFT tokens overlap with metaverse and so on and so forth and avalanche Ecosystems and so on and so forth, but you can really drill down into what they are and you can take a look at Like smart contract platforms the last 24 hours. These is a whole or up point four percent binance smart chain up 2.4 percent Stable coins I like to look at those just because I talked about before because I think Once people start to sell off their crypto they go into stable coins because they're gonna get right back into it They don't want to go into the US dollar because that is degrading and then avalanche ecosystems NFTs 1.7 percent down last 24 hours, but then look at this like I mean Cosmos ecosystem. I had no idea last 24 hours up 6.2 percent and it's up 11 percent and the last seven days Gaming is up 20 almost 21 percent last seven days metaverse 16.4 only down 2.2 Dex tokens are actually up 2.2 in the last 24 hours and so on and so forth So and then of course storage tokens like file coin things like that up seven percent So when I see these things I can I start to see how the traditional finance world has their categories now to diversify And now we really have that over here, and then there was one. I mean analytics. It's nice, but there's one down here at the very last it's Tokenized stock and you see it just zero across the board 0-0-0 and there's really nothing in there But there was this story that maybe kind of sit up and take notice which was wonder fi and wonder fi I just thought it was interesting because What they're trying to do is? tokenized assets and what we have here is that it was just listed on FTX so real quick just to bring this into play Vancouver British Columbia Wonder fi tech today announced the listing of tokenized shares of wonder fi and FTX and this is from FTX CEO Sam Bankman freed he says look in many countries investors don't have easy access to North American securities markets Or if they do it can be costly. It's not open 24-7 wonder fi's tokenized shares Will commence trading on FTX on November 24th under the ticker WNDR and I was like, okay, and then the the thing about wonder fi is that first of all it's backed by Kevin O'Leary mr. Wonderful there himself And it looks to be just a very emerging type of platform as far as defi and what it can do But also tokenizing shares of stock. So I was thinking to myself. I'm like, well, this is pretty interesting Maybe I can get on in an FTX, but of course when I download FTX global, you're gonna get this If you're in America Usually, you know, you can't download that sorry or North Korea. It's kind of funny if you're in the U.S Cuba Crimea I ran Syria, North Korea or Sudan You can't download everybody else fine, but that's it. I can I can download ftx.pro or dot us But it's not on there and it's just such a new thing Wonder fi tokenized stock if this is what it is. I'm not even for sure It's what it is because it's just so new getting out there. I mean list the website ftx.com There's no volume. There's nothing really going on and We'll see how it works, but I'm going to do a deep dive into this But as far as like the categories I was talking about tokenized stock that could be a pretty interesting play I don't think it's going to be available to the u.s with the sec breathing that are next and all those things so Yeah On this one, I think it's it's a pretty interesting play about what's going on So again, as far as like diversifying it's all about the risk and your risk management So when I'm looking at things I'm going to try to diversify a little bit more And what I want to do right now is uh bringing friends of the show Ian from token metrics And uh, they've got an ai platform and I'm just going to ask him because we were talking a little bit about About the same thing and I said, how do you I go in? How do you do it? How do you? You know diversify your whole portfolio is like well I just do this and this this my great come on the show and tell my people So he's going to talk about how he does it only sorry and before we go into that Just real quick the audio is kind of bad because something glitched out with the microphone That was probably my fault, but the information is still pretty good It's only about 10 or 12 minutes and then that should be do it So everybody as promised what I want to do is bring somebody in who could really help us talk about diversification because I think Right out of put all your eggs in one basket Probably not the best thing to do Especially as the crypto verse really starts to expand in different categories So Ian Bolina from token metrics welcome back to the show Thank you for having me. It's a pleasure to be back Yeah, well, I need you back because I need your help We need to figure out the best way to to really diversify and there's there's so many things going on like I see the blue chip Crypto's you got your bitcoins and your ethereum and things like that. I see the the play to earn I see the metaverse play to see the NFTs I see the the file coins and the storage and the l ones and the zeros So the question I'm I'm trying to get to is Ian, what's your play these days as far as to to save yourself as this market has been, you know Balancing all over the place. How do you guys do it? Over there at token metrics and just teach us some things about how to just be a little bit safer Yeah, I mean so the first rule when it comes to building a portfolio is to diversify Right, you want to make sure the assets you're holding are not highly correlated with each other Right, what does that mean? Right, so let's say your portfolio is nothing but ethereum and you know, I see 20 tokens right built on ethereum That means most of your portfolio is correlated with ethereum with ether at the price of ether goes down Most of your most of your portfolio will go down. You don't have a portfolio where you have assets that Don't follow each other. That means if ethereum goes up You should have some assets that go up and vice versa, right? So the way I view it is is in sectors As so beginning with legacy markets You would have equities basically stocks Then you'd other you'd have other forms of investments. You'd have real estate investing Which is not correlated with stocks. You'd have art Same thing which has no relational stocks and An average investor would have a portfolio that's fully diversified, right? Maybe even adding commodities in there Yeah, now for the first time in crypto, we can replicate this in crypto Crypto is now developing new asset classes That don't really have too much of a correlation with regular crypto Like many bitcoin, ethereum and altcoins, right? So this year for the first time we have an art sector We have nfts non-fungible tokens Non-fungible tokens for me. I view them as digital art As part of my portfolio, right? So I've gone out there and I'll put a lot of money into some nfts For example having a board aid having mutants and other nfts out there moon cats and others and if you notice the correlation between nfts and Bitcoin ethereum and altcoins is kind of opposite, right? Sometimes when When crypto goes down nfts go up and vice versa. So it's a good hedge to your portfolio and now with metaverse We're essentially getting what I think can become Not just a new asset class, but essentially the digital version of real estate virtual real estate So in the same way you would have a portfolio full of real estate whether residential commercial What if you can go out there buy land in those virtual worlds, whether decentralized Or sandbox and then rent out this land earn yield From gamers Because my my my theory is this if crypto is going down But crypto is going mainstream or metaverse is going mainstream. These gamers will not care these gamers playing these games Um, we'll want to buy land regardless, right because it's finite So that could be a hedge and a way for you to earn yield and to diversify your portfolio So me personally right now one of the things I'm looking into is metaverse and especially how to earn yield Uh despite the market, right? So I'll talk to my tricks now. Let me pull up my my dashboard here if you don't mind Before you do that and it's before you that it's all a good point and then we talk about First of all when you talk about like like artwork and nfts and things like that Like I my look at diversified portfolios, especially like with artwork I never really, you know got it and then when we take a look at like masterworks on on my side because you talk about the nft Which is which is the the virtual uh part of art and then of course masterworks because when you said To go back what you said before which was gamers don't care They're still gonna play the game right and then as far as like uh for artwork Multi multi millionaires don't play by the same rules as us and they don't care about what the mark is doing They want this basquiat. They want this blah blah blah whatever else you you can talk about as far as like a really nice painting So for fractionalized artwork, that's why I diversify into Masterworks and the thing that I've been seeing lately Is that as my other blue chippers go down and I've been talking about this like the last two or three weeks My other metaverse plays like you know Uh, they've been going up the sandbox engine coin the central land or mon on things like that So I think it's like it's like a perfect marriage is to kind of like go Oh, I'm not totally in the red and this is actually buoying my my entire portfolio. So let's take a look Uh, let me help bring up your screen there. Okay Yeah, so this is the token matrix page Yeah, so we go through using our ai and looking at thousands of data points from market pricing data To on chain data centering data And we go through and create a grade that's back tested on products We think we'll go up and we rate them on our scale of zero to 100 percent So right now the way I use this. Yeah, go ahead No, that's what I was going to say just to make sure I see on the very top You've got avalanche ecosystem solana ecosystem non fungible tokens polka.com. Yeah, so you can so right now I'm Yes, right now. I'm looking at this based on sectors and right now. We're looking at the metaverse sector right because So let's say you want to add metaverse coins to your portfolio To diversify, right? How would you do that? And so we just go through here by sector. We have gaming. We have play to earn We have yield farming, right and looking at this right now our ai loves products like avigo chain Luvium yield guild games starlink Vulcan Forge the sandbox which is done very very well. I see Vulcan Forge is up almost 30 percent today Then we also have phantasma Vulcan Forge Yeah, yeah on a bad day Vulcan Forge is up a lot, right? We have render token engine coin So for somebody who wants to build a portfolio This is a good list of coins to go through and curate and maybe do your own research Maybe see which ones you like which ones you think are good long-term Because right now we're looking at this from the daily score, right? We could also switch to weekly and see which other ones they likes For the next week or so, but in essence, this is giving you a guideline in terms of for the next month What coins do we think will do well in this sector? And for the most part These are the coins that I've been doing very very well regardless, right? So we view this as a way to go through and either one trade sectors Reputation or two create different baskets Of portfolios for different sectors to diversify the crypto portfolio, right? So we also mentioned art and NFTs. If we go to that This these are the coins our platform likes right now I will say this as that loads up. I'm looking at avagacchi and it's got a market cap of $219 million And then you look at something like sandbox as a market cap of seven billion So if you're looking at things of like what could pop off that's a pretty good one. All right, so and NFTs plays Let's see. Yeah. So coming to NFTs We pretty much have lots of similar coins So if somebody wants to do a dip and both NFTs are metaverse We have your games again avagacchi Welcome forged render token gala gala has been doing pretty well recently Ultra the sandbox Right. So this is the way I view in terms of building a portfolio You want to make sure that what you have Is diversified and is not correlated with each other right because as I mentioned before you want to make sure When something goes down, you have something else in your portfolio that will go up That's not correlated with that asset going down Makes sense. Hey scroll down real quick. I'm looking at the last one unity 75 million That's it Yeah, I mean so if you're looking for some altcoins you can filter through here Based on all kinds and see if there are any locus that you think will be good Okay, and then real quick Ian tell because how do you guys do that? How do you guys? Sift through that information because it's all AI, right? Yeah, so automated So we're pulling data from different data providers pricing data. We run quantitative metrics such as the ROI the shop ratio the volatility And then we basically compare that versus other Versus all crypto assets. We also add other data points. So for example If you go here to analytics, we have on-chain data. We have sentiment analysis So all these are metrics that we leverage, right? So if you drill down here, you get even more more data might say for example Let's say you're just truly trading this and you don't really care so much for all the other data points I will go through here and kind of tell you when we think is Barrage and bullish, right? But in terms of data points, so all these metrics I think this one is actually too new for people to To get data on because it just began listing But if we go to ethereum, for example, and we go to the performance metrics, right? It looks like it's taken a while to load But basically would have data points that traders use Right and these data points are what we use to come up with the actual grade But the grade comes from awesome back testing. So let's say we have one kind of data points We back test all those data points And we're trying to see which ones actually matter For getting a great ROI a great return on your investment All right, so we look at thousands of data points This are including quantitative data points such as the cumulative return The compounded annual growth rate the sharp ratio satinio ratio If you go to details, we have even more data points we look at And then we also have even other data points, right? All these are data points that are used by quads And we have these for over 8,000 crypto assets Plus other data points such as on-chain data, sentiment analysis And we put all this into a machine learning model And we have it back to us to see which data points actually matter For predicting which coins will go up Right, so this model is constantly evolving every single day every week every quarter To basically fine-tune yourself as the market changes To try to find the best coins we think have the best likelihood to go up Now, obviously it's not perfect, but it's been doing pretty pretty well Right, it's been early in lots of projects and we used this to then Project which coins were bullish on Throughout the whole market as a whole Perfect. Yeah, and I think that's that's one of the big things It's kind of hard to take all these data points and put them all together for ourselves. So Okay, that's a pretty good play. So I like this. So Ian real quick. Tell us again like just for for you guys If you had a like like a pie chart as far as diversification You'd have your blue chips, you know in one little sliver and then metaverse would be another sliver And then what else? Yeah, so I would be basically I'd have layer ones So me personally I have Ethereum as a layer one then I'll have a hedge to Ethereum, which is I have avalanche network. I also have One other layer one that's not really tied to either of those kill your network, which is done pretty well That's done over a 400 x in the last few years Um, then I have nfts. So I have board apes. I have apes I have moon cats and other nfts have some metaverse nft projects such as treeverse, which is about a launch That one i'm very bullish on I have creature world, which is a nft smash metaverse play And then i'm looking into metaverse Real estate basically virtual real estate lending out land Right and only yield on that and so that's something i'm looking to dive into in the future Right, uh, then you could also add other sectors, right? So essentially if you view your portfolio as different baskets and making sure those baskets Aren't really correlated with each other so that when one goes down the other should still boost your portfolio up as a whole And I think that's how somebody could survive a bear market Awesome. Yeah, and we certainly that that's for sure, especially right now. All right So I and I also brought you on because it is a kind of a special day for you guys Yes, yeah, it's our two-year anniversary two years of token metrics Thank you to people like you and your community for the support And it's also black friday. All right, so to celebrate we're doing something we rarely do We're giving away 40 discount to token metrics for anybody who joins the annual plan All you have to do is just uh using rob's link down below Doing the checkout put in the code happy bday 40 That's h a w p y b d a y 40 All caps and I'll get you 40 off of token metrics for on any annual plans So thank you to your community Yeah, well great. Well, thanks. I think we learned some things and we also got a great deal. We'll take it. All right Uh, that's it for that one e and any last words of uh sage wisdom for everybody Especially with this bear bull market who knows what it is right now. It is always changing. What do you got? Yeah, I mean, uh, do a deep audit on your portfolio and make sure whatever you're holding Our assets you believe will be around in the next five years Because we don't know when the music will stop even though I'm bullish on crypto long-term and also bullish on the bear market Continuing uh, we always have to make sure what we're holding is one diversified and two is a hedge Versus other assets and in crypto and then three we like it and we know why we like it that way we can weather the storm Perfect. All right, and you've said it all you said it all man. Thanks. Thanks again for coming on. We appreciate it All right, buddy. Thanks for your welcome. Thanks in the description. Let's jump back All right, look so I hope you got some some value out of that again links are in the description You can do however you want to do it I thought it was interesting how To balance out your portfolio by doing different things and it kind of makes a lot of sense as far as like Making yourself a server de-risk what you're doing and that's it So look if you found some value give it a thumbs up if you like what you see consider subscribing That's it for today. So thanks so much for watching. I appreciate it and I'll see you on the next one