Cryptic Trades Portfolio - Q1 2026 - One-Pager

Changes in exposure:
Most of the changes you’re seeing come from portfolio performance developments that naturally shifted the percentage weight of certain positions, even without me making active adjustments. The changes I did make are:
Increased exposure in: USD, TLT, LULU, UPS, AMD, BABA, IREN, CIFR
Decreased exposure in: MARA, CLSK, MSTR, OSCR, COIN
Added: N/A
The reason I reduced my exposure to MARA, CLSK, and MSTR is because I rebalanced into other Bitcoin miners, such as IREN and CIFR, or used part of the capital to rotate entirely into defensive sectors, such as TLT, which now sits as my third-largest holding after Tesla and IBIT.
Moving forward, my strategy remains simple. I increased my exposure to defensive sectors over the last couple of weeks and months to mitigate downside risk, as I’ve said in many prior updates, and with the help of the hedges I used, I managed to offset a significant part of that downside.
Going forward, my plan is to gradually reduce exposure to defensive sectors and cash and begin re-accumulating once clear signs of strength emerge confirming that the bottom is durably in.
Until then, I’m sitting comfortably in cash, defensive sectors, and hedges, waiting for strength to appear.
If you’d like to see my full strategy going forward, along with detailed reports, daily PAT Updates and actionable data, you’re welcome to join us here: