Crypto Investing Bear August 2022

in #bitcoin2 years ago

Last Week

We had a major drop in prices, so our shorts have paid of for once.
this-week-in-crypto-newspaper-shutterstock-1360x700.jpg

Prices and Funds

BTC = 24435.56 -> 21455.69
ETH = 1921.10 -> 1706.75

Starting Funds: 10000 (Sept 2019)

Strategy I: Full $
11356.46 -> 11357.46
Strategy II: Full BTC (HODL)
26121.63 -> 22936.15
Strategy III: My Analysis
65259.88 -> 73224.10
Strategy IV: My Analysis including Ethereum
108477.53 -> 109486.61

Strategy

We shift even more bearish for now. Likely we will retest the former lows in bitcoin. Then who knows whats next ...
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 $ @ 0.94% annual interest
Strategy II: Full BTC @ 0.07% annual interest
Strategy III: My Analysis
Short Bitcoin 100% @ 1.04% annual interest
Strategy IV: My Analysis including Ethereum
Short Bitcoin 88.7% @ 1.04% annual interest
Long Ethereum 10.3% @ 2.08% annual interest