Last Week
The past week was a much needed break in the mania. First we dipped a lot but finally recovered most. Interesting times ahead...
We also made 100k from an initial investment of 10k using my most optimised strategy. It took only a little more than a year, and while bitcoin pumped hard we outperformed bitcoin by more than 100% over the same time.
Prices and Funds
BTC = 39974.05 -> 37619.80
ETH = 1170.19 -> 1221.00
Starting Funds: 10000 (Sept 2019)
Strategy I: Full $
10714.91 -> 10728.44
Strategy II: Full BTC
42732.27 -> 40215.58
Strategy III: My Analysis
81683.37 -> 76873.11
Strategy IV: My Analysis including Ethereum
97313.51 -> 101543.37
Strategy
We are seeing a phase of high volatility that is being confirmed in my analysis. But for now it seems the risk of loosing out is still greater than the risk of a significant dump. So we stay long and wait. Our decision to switch to eth has paid of since we can post more gains this week whole bitcoin fell slightly. We stay long eth.
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 $ @ 4.97% annual interest
Strategy II: Full BTC @ 0.03% annual interest
Strategy III: My Analysis
Long Bitcoin 100% @ 0.03% annual interest
Strategy IV: My Analysis including Ethereum
Long Bitcoin 0% @ 0.03% annual interest
Long Ethereum 100% @ 0.99% annual interest
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