Last Week
Our shorts are going fantastic. Its hard to believe how much we fell. However, the more we go down the better the overall risk-benefit of going back into crypto.
Prices and Funds
BTC = 28548.77 -> 19621.89
ETH = 1556.87 -> 1060.27
Starting Funds: 10000 (Sept 2019)
Strategy I: Full $
11338.13 -> 11341.17
Strategy II: Full BTC (HODL)
30518.64 -> 20975.80
Strategy III: My Analysis
71114.24 -> 80878.97
Strategy IV: My Analysis including Ethereum
121261.08 -> 137438.77
Strategy
While we believe that we are close to the bottom we stay bearish. We dont expect the bloodbath to continue, but think a slow bleed is likely going to continue. We go into deep shorts from here.
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 $ @ 1.52% annual interest
Strategy II: Full BTC @ 0.00% annual interest
Strategy III: My Analysis
Short Bitcoin 100% @ 0.32% annual interest
Strategy IV: My Analysis including Ethereum
Short Bitcoin 66.2% @ 0.32% annual interest
Short Ethereum 32.3% @ 1.61% annual interest