Eleven Cryptocurrencies To Watch for 2021

For those who know us, our overarching investment philosophy is to leverage the power of the Capital Cycle Rate (CCR), a term we coined for this metric.

We believe cryptocurrencies are the best way to respect the CCR principle, and have taken positions in several over the last 8 months.

For those interested, here are eleven cryptocurrencies we’ve added to our portfolio, along with some ultra-brief investment thesis:

Cosmos (ATOM)

First tranche position opened: February 1, 2021

Coin entry price: $8.53

Coin present price: $23.56 (as of 5.17.2021 @ 7:32 am)

ROI: +176%

Why we like this crypto: Very promising interoperability play.

Uniswap (UNI)

First tranche position opened: February 1, 2021

Coin entry price: $19.97

Coin present price: $35.36 (as of 5.17.2021 @ 7:37 am)

ROI: +77%

Why we like this crypto: Fundamental DeFi play.

Basic Attention Token (BAT)

First tranche position opened: May 5, 2021

Coin entry price: $1.37

Coin present price: $1.11 (as of 5.17.2021 @ 7:40 am)

ROI: -23%

Why we like this crypto: Privacy influencer play.

Polygon (MATIC)

First tranche position opened: May 5, 2021

Coin entry price: $0.79

Coin present price: $1.65 (as of 5.17.2021 @ 7:44 am)

ROI: +108%

Why we like this crypto: Blockchain interoperability play.

Cardano (ADA)

First tranche position opened: May 5, 2021

Coin entry price: $1.46

Coin present price $2.14 (as of 5.17.2021 @ 7:47 am)

ROI: +46%

Why we like this crypto: Reminds us of T-Mobile’s early days.

Chainlink (LINK)

First tranche position opened: May 5, 2021

Coin entry price: $48.39

Coin present price: $39.34 (as of 5.17.2021 @ 7:50 am)

ROI: -18%

Why we like this crypto: Solves infrastructure issues.

Filecoin (FIL)

First tranche position opened: May 5, 2021

Coin entry price: $150.89

Coin present price: $103.37 (as of 5.17.2021 @ 7:52 am)

ROI: -31%

Why we like this crypto: Really cool democratized storage play.

Decentraland (MANA)

First tranche position opened: May 5, 2021

Coin entry price: $1.39

Coin present price: $1.13 (as of 5.17.2021 @ 7:55 am)

ROI: -18%

Why we like this crypto: Virtual reality gaming play.

Bitcoin (BTC)

First tranche position opened: December 4, 2020

Coin entry price: $18,943

Coin present price: $45,064 (as of 5.17.2021 @ 7:58 am)

ROI: +137%

Why we like this crypto: Flagship/institutional interest play.

New Kind of Network (NKN)

First tranche position opened: April 9, 2021

Coin entry price: $1.43

Coin present price: $0.56 (as of 5.17.2021 @ 8:01 am)

ROI: -60%

Why we like this crypto: Network bandwidth sharing play.

Ethereum (ETH)

First tranche position opened: May 17, 2021

Coin entry price: $3,504

Coin present price: $3,504 (as of 5.17.2021 @ 8:05 am)

ROI: Null (and excluded from final Total Return calculation)

Why we like this crypto: “Flippening”/institutional interest play.

So there you have it. Eleven cryptocurrencies we’re holding in our portfolio, and why.

Our Crypto Portfolio performance since inception is 43%, not bad for 5 months of exposure and P/L calculations performed during a crypto drawdown. We’ll wait until the end of June to look at allocations.

Blessings.