Published my April crypto aggregate.

In April, it's all about President Trump's "Liberation Day" tariffs. The uncertainty around trade policies caused a significant dip, but the subsequent pause has seen markets recover.

The increased volatility has seen gold being the most crowded trade now and tokenized gold like XAUT and PAXG has benefited as well.

Buying the dip in April would have been a winning strategy but I expect more volatility to come in May and for all of us to exercise caution with the age-old investment adage to “sell in May and go away”.