On-chain port going into 2026 in size order: 1. $MET 2. $KLED 3. $DUPE 4. $BELIEVE Everything else is stabled. I have sold all my majors and will look to re-enter mid 2026. Expect a brief bear market as Powell stays hawkish going into the end of his term + US macro deteriorating. Not saying we can’t make a new ATH in the near future but I’d rather lock in a 5x on $BTC and be patient.

2025 has been an interesting year. I’ve been in crypto for 8 years now, and 2025 has been by far the hardest year I have had. I went from a couple thousand in 2017 which I saved up from working at Pizza Hut, to $200K in 2018. I was instantly hooked. Even before I made money I was obsessed with crypto and knew I wanted to dedicate my life to it. Soon-after I quit my job and decided to focus on crypto full time I ran my portfolio back down to $10k. I realised very quickly I wasn’t special and that the market has a unique way of humbling those that get over confident. Nevertheless, I’d fallen in love with trading. Over the next few years I committed every waking moment to finding an edge and learning as much as I could. By Dec 2024, I’d turned my portfolio into $5M (initials of around $500k - I was very fortunate to get a job in crypto in 2018 which funded my trading). 2024 was my big year, I made a considerable amount of money in both my on-chain port and on majors. It felt like all the sacrifice (especially my social life) had been worth it. Friends and family soon started to notice and asked me to trade with some of their money. At the start of 2025, I ended up running a fund with a chunk of capital from friends, family, investors (in total around $2M). A mistake I regret massively to this day. Never take money for friends and family, no matter how certain they are of the risks, it’s not worth it. One of the biggest trades the fund took was $BELIEVE. While I’m okay with loosing money, I realised very quickly I couldn’t deal with the stress of loosing money for others. By mid November, they were down circa $500k unrealised. The stress was eating me alive. I couldn’t eat, I couldn’t sleep, I stopped going to the gym. I became a shell of my former self. Early Dec I made the decision to close down the fund and give everyone their initial investment back. In total, I ended up losing over $2M in 2025. But more importantly I was completely fucked mentally. I say this because a lot of CT just show the wins. But in reality, 90% of the accounts you see on X are in a much darker place than you would think. You’re not alone. That being said I’m not going anywhere, lots of lessons have been learned this year both in my personal life and in trading. One thing I can promise, is no matter what I will never give up and I will win. I know many people can relate to the feeling of being mentally drained from trading this year. My advice is touch some grass. Opportunities are limited at the moment and there will always be more in the future. Spend time with your close ones (these relationships are far more important than any amount of money) and enjoy the holidays.

$MET is now the biggest position in my portfolio and by far the best risk/return on-chain at $214M FDV. If you are bullish on on-chain adoption, $MET is an obvious play. Not only are they the LP of choice for numerous launchpads but their DLMM pools are incredibly powerful. Current TVL sits at $430M with $220M 24 hour volume. In their first year focusing on revenue, Meteora generated $100M and have become the backbone of the Solana ecosystem. In less than 2 months, $MET have spent $12.2M on buybacks, accumulating 28,955,175 tokens (2.9% of total supply). FDV is currently 2X annualized revenue. So far, 62% of revenue has gone into token buybacks. An easy longterm hold, all you need with $MET is patience.