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Blockchain Index

@RigiNovelis

Assets Copying Strategy

€15.38M

No. of copiers

4513

Blockchain Index Strategy Performance

Blockchain Index Strategy Performance

From
Jun 5, 2024
To
Jun 12, 2024
Blockchain Index
Bitcoin
Past performanceis not indicative of future results. EUR (€) currency fluctuations can cause returns to go up or down. Returns shown are before fees.See feesandStrategy data disclosurefor more details.

About this Strategy

About this Strategy

Blockchain Index is a passively managed Crypto Strategy investing in established blockchain-based projects with active beta components. The Crypto Strategy is market-cap weighted, with fix BTC and ETH weight. The focus of the investment selection is on nascent projects with potential strategic importance in the future distributed economy.

Performance

Performance
Annualised Return
+69.95%
Max. Drawdown
-92.35 %
1D
7D
1M
3M
6M
1Y
All
Return
-4.80 %
Volatility
+2.16 %

Structure

Structure

Bitcoin5.00%
Ripple5.00%
Ethereum5.00%
Tether5.00%
See structure

Structure changes

Structure changes

Last structure change
Jun 1, 2024, 11:22:33 AM
Number of structure change in the last 30 days
1

Posts

Blockchain Index
10 Jun, 2024

Navigating the Crypto Trading Landscape: Essential Insights


Crypto trading is a complex but potentially rewarding endeavour. To navigate this labyrinth effectively, both technical and fundamental analysis are indispensable. Tools such as moving averages, volume indicators, and the Relative Strength Index (RSI) help traders detect market trends and momentum shifts. For instance, volume indicators can reveal buying or selling pressures, while RSI can signal overbought or oversold conditions. Additionally, the Fear & Greed Index and Bitcoin heat maps provide insights into market sentiment, enabling traders to time their investments more strategically. Combining these technical tools with fundamental analysis offers a robust framework for crafting effective trading strategies.


Automated crypto trading represents the cutting edge of this dynamic field. Trading bots, for example, can execute buy or sell orders around the clock, maximising efficiency and profitability. High-frequency trading (HFT) and arbitrage strategies are particularly notable. HFT involves executing a large number of trades in fractions of a second to capitalise on minimal price movements, while arbitrage exploits price differences across different exchanges. These automated tools can significantly enhance trading performance by outperforming manual trading processes in speed and accuracy.

2 people like this
Blockchain Index
10 Jun, 2024

A well-defined trading strategy is essential for navigating the crypto market’s volatility. Strategies like swing trading, range trading, and arbitrage are crucial for taking advantage of price fluctuations. Swing trading focuses on capturing short-to-medium-term gains over a few days to weeks, whereas range trading involves buying low and selling high within a price range. Robust strategies align with personal risk tolerance and market conditions, ensuring disciplined and informed decision-making.


Effective risk management is another cornerstone of successful crypto trading. Techniques such as position sizing, stop-loss orders, and moderate leverage usage help mitigate financial risks. Regular portfolio rebalancing, whether threshold-based or time-based, ensures investments remain aligned with target allocations, reducing risk by adjusting for market performance.


Staying informed is vital in the fast-paced crypto market. Filtering out irrelevant information and focusing on credible sources helps maintain a competitive edge. Developing a trading plan based on current trends and regularly reviewing it is crucial for long-term success.


Lastly, emotional control is paramount. The crypto market’s volatility can evoke strong emotions, but maintaining discipline and adhering to a well-structured strategy can mitigate emotional pitfalls. By managing greed, fear, and hope, traders can make more rational and effective decisions, enhancing their chances of success in the dynamic world of cryptocurrency trading.

2 people like this
Blockchain Index
7 Jun, 2024

Spot ETH ETF Approvals "Will Take Some Time," SEC Chair Gary Gensler Says


SEC Chair Gary Gensler recently stated that Spot $ETH ETF approvals "will take some time," indicating that the SEC is meticulously evaluating the initial registration forms (S-1 forms) from various applicants. This process follows the approval of their 19-4b forms in May. Investors are left wondering if this delay signifies a prolonged wait. The SEC's approval of 19-4b forms for several spot ETH ETF applicants like VanEck, BlackRock, and Fidelity marks a significant regulatory shift, potentially altering the crypto landscape. This move has sparked considerable interest as these major players pave the way for broader market acceptance.


Political analysts suggest the SEC’s decision to approve spot ETH ETFs may be politically motivated, aligning with bipartisan support for crypto-friendly policies ahead of the 2024 U.S. presidential election. This timing could indicate a strategic pivot by the SEC, possibly aiming to garner favour in the political arena. The approval has also led to significant market reactions, with BitMEX announcing 200x leverage for ETHUSD swaps to capitalise on the volatility. Traders are eager to see if this strategy will ride the ETH wave or result in heightened risk.

2 people like this
Blockchain Index
7 Jun, 2024

In the Ethereum Layer 2 (L2) solutions space, the recent halt of block production on Consensys’ Linea network following a $6.8 million exploit has intensified calls for decentralising sequencers. Sequencers play a crucial role in L2 solutions, ordering and batching transactions before submitting them to the Layer 1 blockchain. However, their centralization has raised concerns about security and censorship. Experts argue that while decentralising sequencers is essential, building robust governance mechanisms and fault-proof systems is equally critical for achieving higher decentralisation levels.


$ETH price surged to nearly $4,000 following the SEC's announcement of spot ETH ETF approvals, with analysts predicting it could reach $6,200 to $10,000 by 2024. VanEck even forecasts an ETH price of $22,000 by 2030, driven by Ethereum's expanding financial ecosystem role. This positive market reaction indicates strong investor confidence and a potential for Ethereum to reach new heights.


Meanwhile, Arbitrum $ARB DAO is set to allocate over $200 million in crypto to blockchain-based game developers. Critics argue this sum is excessive for an industry with few successful hits, while supporters view it as a forward-looking investment. The debate underscores the precarious state of web3 gaming, with the potential for this funding to either revolutionise the sector or prove overly optimistic.



2 people like this
Blockchain Index
1 Jun, 2024

We rebalanced BLX in accordance with our pre-set structure.


We added Airwave ($AR) with a weight of 0.30%. Stacks ($STX), Optimism ($OP) and VeChain ($VET) have fallen out of our structure parameters. Among existing assets, the main changes were with Binance Coin ($BNB) and Solana ($SOL), which stand at 8.93% and 7.81% weight, respectively, $BTC and $ETH have been reset to 40% and 30%.

4 people like this