Cover image

CryptoCobrex

@CryptoCobrex

Assets Copying Strategy

€4,908.03

No. of copiers

2

CryptoCobrex Strategy Performance

Show BTC comparison:
From
May 25, 2023
To
Jun 1, 2023
CryptoCobrex
Bitcoin

Returns

Overview
Avg. by month
Return (24h)
-0.87%
Return (7D)
+4.21%
Return (1M)
-3.28%
Return (1y)
N/A
Nov 2022
-0.58%
Dec 2022
-9.58%
Jan 2023
+8.33%
Feb 2023
+14.89%
Mar 2023
-6.76%
Apr 2023
-8.48%

My Investment

Profit Taken
€0.00
0%
Profit/Loss
€0.00
0%
You Have:
€0.00
Strategy status
No rules
No rules
0 rules active
Rebalance done
Rebalance status
100%

Fees of this Strategy

(set by the Strategist)
Management Fee
Copy fee (Yearly)
1.70%
Entry Fee
Performance fee (Monthly )
9.00%
Sell costSell cost (per transaction)0.50%

Structure changes

Last structure change
Feb 27, 2023, 1:04:10 PM
Number of structure change in the last 30 days
0
Performance
1D
7D
1M
3M
6M
1Y
All
Return
-0.83%
+4.23%
-3.26%
-18.53%
-7.30%
N/A
-9.59%
Volatility
N/A
1.33%
1.90%
2.72%
2.57%
N/A
2.33%
Max. Drawdown
N/A
-3.74%
-12.13%
-25.70%
-29.90%
N/A
-29.90%
CryptoCobrex
21 Nov, 2022

Putting money where our mouth is, we increased our $LINK exposure by 10% at $5.76 to a total of 20%!

We will keep slowly DCA into the weakness, if the market keeps dipping!

As Warren Buffet said: Be greedy when others are fearful!

We will be betting big that $LINK will be top performer of the coming Bull Run!

6 people like this
CryptoCobrex
20 Nov, 2022

The amount of Bitcoin is being drained from exchanges and the balances of Bitcoin on exchanges are at their lowest levels since 2018.

What does that mean going forward? As supply gets drained from exchanges and there's max panic in the market where most of the panic sellers already sold that is usually where we see market bottoms.Fear based holders being washed out of the markets leaving market with mostly long term holders. 

With liquidity drying up I believe this can actually create big moves upwards in the medium, long term.  

That being said we need to take into consideration that FTX collapse might have a bigger ripple effect with other exchanges going down. Besides that it also caused huge loss of confidence in crypto which is bad for demand side.

But again FTX is not Bitcoin which is still working as it supposed to, again proving that decentralization is the key.

This might create a lot of new Bitcoin maxis, at least until the markets stabilize.

Historically the best time to buy Bitcoin was when its 70%, 80%, 90% down from all-time highs with peak fear and on-chain fundamental factors flashing oversold. And we kinda have all of those right now.
Can we go lower? Yeah... it is impossible to pick the exact low but this feels very muchlike 2015, 2019, 2020 situations. Only difference we have is the potential contagion effectof FTX. I still believe we are very close to the bottom. 


NEWS

The FTX hacker is dumping Ethereum and swapping big amounts of ETH into RenBTC. 

Donald Trump is back on Twitter.

US Senator Josh Hawley demands top Democrats and Biden officials to release emails regarding FTX, Alameda Research and Sam Bankman-Fried.

6 people like this
CryptoCobrex
9 Nov, 2022

Update:

After a war between Binance Founder CZ and FTX founder Sam, the news broke out that FTX is insolvent & stopped withdrawals! Binance then came in and said it agreed to buy FTX pending due diligence.

Bitcoin dropped under $17.000, taking most of the alts down double digits %!

While everyone is panic selling, we will be slowly buying into the fundamentally strongest projects. Maybe the bottom is not yet in, but the best times to buy historically, are when the markets are red and people are panicing.

We entered the market with 10% of our structure today! We only bought one coin and that is $LINK. There are few reasons for that: 1. The chart looks bottomed out for some time already, 2. In december there is a huge catalyst which could push the price upwards - staking, with CCIP to follow soon! 3. Founder of Binance tweeted that every exchange should be doing proof of reserves, which would return the trust in the centralized exchanges! $LINK already offers proof of reserves as a product, so if the biggest exchanges started using them, that would be huge!

Post image
6 people like this
CryptoCobrex
4 Nov, 2022

We got job reports which were higher than expected but the bad news were quickly softened by unemployment data which showed unemployment increased to 3.7% when 3.5% was expected.

Stock markets dropped after taking in hawkish FED plans for the future interest rate hikes.

Crypto markets are holding really strong with many of the altcoins making huge gains lately.

Many influencers are already calling that bull market is starting which is not really good news 🥶

We have inflation data next week on 10th November which will tell us what we can expect moving forward. Pay close attention.

We will stay in stables $USDT until we get trend confirmation.

3 people like this
CryptoCobrex
29 Oct, 2022

Bitcoin and crypto markets are holding really strong despite the drop of most major tech company stocks and yesterday’s huge 20% drop of Amazon after earnings miss.


European Central Bank hiked interest rates by 75bps and saying this is not the end of rate hikes. They’ve also decided to scale back support for European banks.


U.S Core PCE came today in at 5.1% with 5.2% expected, however still higher from last months 4.9% meaning inflation isn’t increasing as much as analysts expected but it is still not slowing down.


Most important thing to watch now is FOMC meeting on 2nd November which will make more clear picture going forward.


Keep watching DXY and stock markets and expect volatility in crypto next week.

2 people like this