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2022 Merry Market Recap: Claus for concern

Many Happy Returns

CHAPTER

Is There a New Narrative Around Cryptocurrency?

Eight cryptos crashed on the eighth day of Christmas. I've tried to construct a diversified crypto portfolio just to see what would happen if you combine different cryptocurrencies, which have minimum correlation with each other. And it certainly would have sold off a bit less than going for some of the really dodgy, small cap cryptos. But how much less? Not that much less, I reckon because they're all highly correlated and they will fall together.

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