Here is an idea:
All in BTC + Farm stables for 3 years
$1m should get me about 8.85 BTC
- Borrow stables against them on AAVE
- Farm tokenless protocols
- Farm higher beta yields (Looping, Pendle markets, exotic stables, perp LP vaults).
Thesis
- Alts are difficult to bid on a multi year time horizon whereas BTC to me has a much clear outlook for ongoing growth
- I'm only looking at crypto investments here, not equities, indicies or other asset classes
- Yield compounds well over multi year time horizons
- BTC/Gold at significant discount at current prices
Upside
- BTC going to $300k in the coming years
- Hitting multiple big airdrops along the way too
- Compounding effect lets you add much more BTC over time
Max drawdown
- BTC going -50% to $60k at some point (if cycles continue or some black swan even occurs)
- Getting caught up in an exploit (for example on AAVE)
8,686
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