Again $TDIV (+0,05%)

Also €250 to $BTC (-0,77%) Side-bought.

The latest US economic data points to a clear slowdown in the economy, but without signaling a recession. Employment growth and consumption are losing momentum, while inflation continues to fall. Crucially, monetary policy remains restrictive despite initial interest rate cuts, which increases the Federal Reserve's room for maneuver for further easing. Historically, Bitcoin has reacted particularly sensitively to such phases, as falling real interest rates and an improving liquidity situation increase the attractiveness of scarce digital assets.

In the short term, however, the environment remains characterized by uncertainty. On-chain data shows renewed selling by large #bitcoin-investors, while capital flows into $BTC (-0,77%) -ETPs have recently been mixed. This combination suggests that the markets remain susceptible to volatility. At the same time, the macroeconomic fundamentals are gradually improving: If the trend towards more moderate growth and falling inflation continues, this could have a stabilizing effect on the bitcoin price in the medium term, as developments are increasingly determined by liquidity and real interest rates.

(Text: James Butterfill, CoinShares' Head of Research)

$BITC (-0,81%)

Hello lovelies,

This year I'm going to restructure my portfolio, which is currently still quite defensive. I'm using my savings installment of €1,000 to go on the offensive over the next few months.

I'm currently incredibly well on track with my goal of € 100,000 by 2030. Certainly also because the target no longer seems so ambitious with my current savings rate and additional deposits. But let's be honest: I started in 2024 and my savings rate back then was €300. It's crazy what changes when you crack a few goals and how the focus shifts. I think the real driver was the first €10,000 in my TradeRepublic account - that had a big psychological impact.

Of course, a plan is always important when it comes to goals. I would like to briefly share the next step for my portfolio and its implementation with you.

Next Step:

Expand crypto to 10 % (currently 2 %)

Weighting $BTC (-0,77%) 80%, $ETH (-0,04%) 10%, $SOL (-2,54%) 10%

Implementation:

I am using the current market phase to massively ignite the turbo for the following years in an anti-cyclical manner. In my current savings plan, everything except for the $CSNDX (+0,43%) -position, everything is being canceled/paused. This is the plan for the next 4 months or so:

$BTC (-0,77%) 600,- €

$CSNDX (+0,43%) 200,- €

$ETH (-0,04%) 100,- €

$SOL (-2,54%) 100,- €

I will use this to make the € 1,000 offensive until around May. In addition, there will be a one-off payment of around €5,000 in April. This will also flow exclusively into offensive positions before I return to my standard mix of tech, dividend stocks and crypto.

Why now?

I'm a fan of dividend stocks & turnaround stories - I currently have around 70% of my portfolio in them. Simply because this 'you'll get something back here' psychology motivates me massively and keeps me happy.

These stocks have recently shown relative strength, while tech and software have corrected (sector rotation). As I like to trade anti-cyclically, I am now going into these punished stocks. Crypto in particular is currently offering such attractive buy prices. And let's be honest: with a long-term position, it almost doesn't matter whether the Bitcoin is collected at USD 60k or USD 45k - the savings plan over the years takes care of that.

Quick context (before you warn me): I am deliberately taking a risk with this savings plan for 3-4 months. My aim is to use the current correction ('crypto winter') to push down my entry price and quickly reach my desired 10% crypto weighting in the overall portfolio.

I can cope well with the volatility, as my existing portfolio (Unilever, dividend ETFs, etc.) is around 70% defensive and serves as a stable anchor.

What do you think of the sprint? What does your weighting look like - get out there!

I am actually very satisfied with the performance of 8.90 % in January. In fact, I had been working very intensively on setting up a VV GmbH, as almost € 200,000 in unrealized profits had accumulated in the meantime, mainly thanks to the precious metal run in silver, platinum and the corresponding miners.

Now, as is well known, there was a massive sell-off and the problem was solved or at least postponed. Around 40 % of the income was realized through stop losses. 30 % are in the eternal hunting grounds (the money is not gone, someone else has it now) and 30 % are still unrealized.

I am more than happy that I have repeatedly taken partial profits and consistently hedged the majority.

Which also leads me to $BTC (-0,77%) leads me to Since the 1st highs in June, I have repeatedly taken profits in tranches. Part of the profits were consistently taken by SL and cash was built up. Since the sell-off in December, I had virtually no Bitcoin in my portfolio. Due to the last sell-off, I bought in 3 tranches. And so I've been holding one Bitcoin since this week. I'm personally expecting new AZHs in the next 18 months. That would be a nice return.

I also firmly believe in commodities. Silver, gold, but also rare earths and uranium.

Many of my AI positions have been sold due to the correction. I took advantage of the current market weakness to get back in at a good price with savings plans.

Let's see what 2026 brings. I wish you all a lucky hand.

On offer again...is slowly taking on the features of Ben&Jerry's advertising at Kaufland. $BTC (-0,77%)

no matter... accumulation takes place despite hurdles

$BTC (-0,77%) further topped up. I have another €1000 to buy more if the share price falls further🚀

Can conclusions be drawn from the gold rally about $BTC (-0,77%)
draw?

The recent rise in the price of gold is best interpreted as a signal of falling confidence in real yields, fiscal discipline and the credibility of monetary policy, rather than as a direct forecast for the price trend of $BTC (-0,77%). It was an important component of the "devaluation trade". Historically, the strength of gold often precedes the strength of $BTC (-0,77%) often precedes and does not coincide with it, especially in cycles where liquidity first becomes scarce and then eases again. Gold tends to move earlier as it is already embedded in portfolios as a hedge. $BTC (-0,77%) Gold usually lags behind until liquidity conditions stabilize or political reactions set in. The more gold outperforms equities and real interest rates fall or become politically constrained, the more favorable the medium-term environment becomes for #bitcoin. In environments where #gold rises due to pure risk aversion $BTC (-0,77%) However, despite the common narrative, gold may underperform.

Does gold benefit from the rise of the $BTC (-0,77%)
or vice versa?

There is little evidence of a stable zero-sum relationship between the two. Gold and $BTC (-0,77%) react to the same macroeconomic pressures rather than to each other. In times characterized by currency debasement, fiscal dominance or declining institutional credibility, both can benefit simultaneously as they are positioned as non-governmental stores of value. The rise of $BTC (-0,77%) has not significantly affected the role of gold as a reserve currency, and gold has not limited the acceptance of $BTC (-0,77%) gold, although in recent years we have seen investors diversify their diversification instruments by adding gold as both a $BTC (-0,77%) as a hedge against tail risks. The difference between the two lies in liquidity preference. In acute risk aversion phases, gold is often accumulated first as it sits within existing institutional mandates and balance sheets, while $BTC (-0,77%) tends to be sold first due to its higher volatility and leverage in the system. Over time, as stress persists and confidence in the political environment wanes, gold can attract additional capital flows that $BTC (-0,77%) may attract additional capital flows that are already structurally captured by gold.

$BITC (-0,81%)

Never let a bear market go to waste.

I've been thinking for some time about buying some privacy coins like $XMR (-0,5%) Monero and $ZEC (-0,03%) ZCash in homeopathic doses, and now seems like the right time to do so.

I specifically chose these two because they have a long track record and are also the best known.

I have no intention of making a profit with them; I would hold them like a gold coin to have just in case...

Sure, if they quintupled in value, I'd probably sell some of them, but I'm also prepared to hold them until they're worth nothing if I have to.

I still have a few questions though...

I plan to buy them through a non-KYC exchange and hold them in my own wallet.

If at some point I want to exchange them back into $BTC (-0,77%) and then sell them, I won't be able to do that through regular exchanges as I will probably need to provide a proof of origin for the BTC.

In your opinion, what is the best way to convert these gray $BTC (-0,77%) into € or $?

What do you think of privacy coins?

Does anyone have any experience with them?