I have decided to rebalance purely into Bitcoin as I view it as the safest place to be right now to ride out the storm.
Ethereal DeFi Strategy Strategy Performance
From
Sep 22, 2023
To
Sep 29, 2023
Ethereal DeFi Strategy
Bitcoin
About this Strategy
The Ethereal DeFi strategy is to focus on investments in the Decentralised Finance space.
Structure
Login to see structureStructure changes
Last structure change
Feb 13, 2023, 11:43:46 AM
Number of structure change in the last 30 days
0
Performance
Return
-1.13%
+1.66%
-0.73%
-9.74%
-3.60%
+26.68%
+788.31%
Volatility
N/A
1.31%
1.81%
1.55%
1.87%
2.54%
4.87%
Max. Drawdown
N/A
-2.54%
-8.15%
-18.14%
-18.14%
-31.67%
-91.69%
Ethereal DeFi Strategy
13 Feb, 2023
14 people like this
Any views on when you will diversify?
Super...top strategy! GOOD JOB
Ethereal DeFi Strategy
15 Sep, 2022
Happy merge day everyone. Looks like the decision to purchase ETH a few months ago has been validated. Not selling anytime soon.
5 people like this
NP. Just checking for an update. Thx
@JumpDistributio still very much alive, we are running a conservative strategy and it hasn't made sense to make any changes.
Is this strategy still ongoing or has it been abandoned?
Ethereal DeFi Strategy
16 Jun, 2022
I have decided to re-enter the market with a 50/50 allocation of Bitcoin and Ethereum. We are around the 200 week moving average buy in prices that I flagged previously. If the situation goes south I'll revert back to cash again.
6 people like this
This is a hard entry FOMO got you but ok is there any news or something because macro is still not looking good ? Is your decision based just on the 200 WMA
Ethereal DeFi Strategy
13 Jun, 2022
Well things are looking pretty dire, inflation is out of control, centralised lending platforms are going bust, FOMC meets next week with the bad CPI print, QT ramps up to the full 95 billion in the next few months. I do not think the bottom is in yet. So we are staying in cash for the moment.
7 people like this
Ethereal DeFi Strategy
2 Jun, 2022
The 200 week moving average for Bitcoin is sitting at 22k and for Ethereum its at 1180. These are likely the ideal entry points back into the market assuming macro doesn't get worse.
4 people like this
.. and the macro got worse :/
In the meantime its a waiting game.
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@FruitfuMoos when the time is right, I don't feel its right yet with everything that is still going on.