Last Week
That was an insane week. First we drop, then pump back and then drop even more. Crazy Volatility and people on ftx rekt. Lesson to learn for Everyone: Not your Keys not your crypto. If you have not done yet, get a hardware wallet and bring your coins under your own possession.
Prices and Funds
BTC = 20931.04 -> 16989.16
ETH = 1640.80 -> 1269.17
Starting Funds: 10000 (Sept 2019)
Strategy I: Full $
11376.97 -> 11378.82
Strategy II: Full BTC (HODL)
22375.31 -> 18161.43
Strategy III: My Analysis
73416.44 -> 82580.98
Strategy IV: My Analysis including Ethereum
109128.92 -> 114520.84
Strategy
Our shorts have really paid off this week, even though we were less short than the weeks before :(. Anyways, the increase volatility means that we do not go much shorter for now.
Please note that this is not financial advice. I am just testing some statistical methods and documenting them here. Everyone has their own situation that prefers more or less risk. Everyone has their own goals. Without knowing these there is no way to find the right investment plan for YOU.
My strategies for the week are:
Strategy I: Full $ @ 1.75% annual interest
Strategy II: Full BTC @ 0.10% annual interest
Strategy III: My Analysis
Short Bitcoin 85.9% @ 1.19% annual interest
Strategy IV: My Analysis including Ethereum
Short Bitcoin 69.0% @ 1.19% annual interest
Long Ethereum 30.8% @ 0.53% annual interest