Last Week
We are continuing our fall and are making cash from our shorts. However, we might be close to the bottom with a traditional double bottom formation.
Prices and Funds
BTC = 21455.69 -> 19995.92
ETH = 1706.75 -> 1474.02
Starting Funds: 10000 (Sept 2019)
Strategy I: Full $
11357.46 -> 11359.50
Strategy II: Full BTC (HODL)
22936.15 -> 21375.65
Strategy III: My Analysis
73224.10 -> 78218.75
Strategy IV: My Analysis including Ethereum
109486.61 -> 114577.15
Strategy
We stay on course and keep our shorts. It certainly can go lower 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 $ @ 1.01% annual interest
Strategy II: Full BTC @ 0.05% annual interest
Strategy III: My Analysis
Short Bitcoin 100% @ 0.83% annual interest
Strategy IV: My Analysis including Ethereum
Short Bitcoin 71.8% @ 0.83% annual interest
Long Ethereum 28.2% @ 2.30% annual interest
Reshared your post👍 Thanks for growing Crypto Culture🔥
How does it work? Is it a sort of simulation or did you invest 10000$ in each strategy?
Hi,
this is a simulation as if I had invested like this. I am trading myself, but I prefer a monthly timescale opposed to weekly. But I am using the same type of analysis there. The biggest difference is that I include non-crypto assets like stocks in there as well.