There are over 10,000 cryptocurrency tokens listed on Coinbase. This doesn’t include the memecoins created every day on pump (dot) fun. With so many options, how do you know what to buy?
I would follow the OSF and Mando’s advice in choosing a long-term crypto allocation.
OSF and Mando are two of the best traders in crypto. They have a background in investment banking and have a solid understanding of macroeconomics. They host a weekly show, REKT Vision, that reviews the biggest crypto headlines.
On last week's show, Mando recommended holding JLP as the answer on how to allocate between the majors (BTC, ETH, and SOL).
JLP consists of 45% SOL, 10% ETH, 10% BTC, and 35% stable coins. The token will automatically rebalance the allocation. This makes it truly a set it and forget it strategy.
For who care about the technical details: JLP is the liquidity token for Jupiter’s perp DEX. Whenever someone wants to open a long or short, they use the funds in this pool. Holders of JLP get a portion of the trading and liquidation fees for providing these funds.