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Divine Investing

@DivineInvesting

Assets Copying Strategy

€205,135

No. of copiers

92

Divine Investing Strategy Performance

Divine Investing Strategy Performance

|
From
Mar 21, 2024
To
Mar 28, 2024

About this Strategy

About this Strategy

Divine Crypto Fund members have been actively involved in the cryptocurrency market since early 2017. The fund maintains a medium-risk approach and typically holds up to 10 assets, primarily selecting from the top 100 coins by market capitalization. Regular rebalancing and the application of technical analysis are integral to our investment strategy. Our overarching objective is to optimize returns while simultaneously prudently managing risk and safeguarding gains when the need arises.

Performance & Risk

Performance & Risk
Annualised Return
+53.44%
Max. Drawdown
-65.49 %
1D
7D
1M
3M
6M
1Y
All
Return
+7.79 %
Volatility
+4.08 %

Structure

Structure

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

Structure changes

Structure changes

Last structure change
Mar 6, 2024, 10:21:52 PM
Number of structure change in the last 30 days
1

Posts

Divine Investing
12 Mar, 2024

It looks like $INJ is finally starting to move after almost 3 months of consolidation. It has broken and retested the triangle structure which looked bullish to us 2 posts ago, we are attaching a picture below. We have once again entered the price discovery phase. We feel that our strategy has been performing quite well, despite the fact that Injective has been moving sideways and that almost half of our strategy consists of it. This is largely due to gains in $IMX, $OP and especially $FET. $TIA remains in consolidation for the time being and will break out of it sooner or later in our opinion. In case Injective will have a sharp increase in price we will be scaling back our position and rebalancing it to other coins.


Today was also a CPI (Consumer Price Index) day in the US and even with inflation being 0.1% higher than expected, the stock market has reacted positively so far, which is a sign of a strong market and is also very positive for the crypto market at this moment.


We continue to see strong inflows from $BTC ETFs with over $500M inflows just yesterday and over $10B since the ETFs were approved. The one negative thing is that there is a divergence forming on a daily time frame on Bitcoin from a technical standpoint, which normally leads to corrections, that is why we would not be surprised to see a pullback in the coming weeks.


If you have any questions or do not understand some parts of what we have written above feel free to ask us in the comments and we will do our best to answer in an understandable way.

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10 people like this
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You’re awesome guys, thank 🙏🏻🌸

Thanks for the update and INJ call. Lost some money on leverage trading but INJ made it back.

Divine Investing
6 Mar, 2024

We are over 100% up on $FET since our last rebalance and it was up 60% before that one. It has increased from 9% in our structure all the way up to 16%. We are taking some profits on it and increasing our $INJ, $TIA and $IMX positions slightly.


With the current $BTC ETF inflows we believe we can expect the all time high resistance to break in a short amount of time if these inflows continue.


We are attaching the TOTAL3 graph (total market cap excluding $BTC and $ETH) that we were talking about in our previous post. We have broken and retested the resistance, looks like we are heading further up, but we are still much further from the top than $BTC is, therefore the potential on altcoins is much higher.

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7 people like this
Divine Investing
26 Feb, 2024

We have decided to remove $ARB due to a huge unlock coming up in March and also due to the fact it's been underperforming lately. We're increasing $OP slightly to offset the reduction in Arbitrum.


We are also increasing other assets, primarily buying up $INJ. It is looking very bullish from a technical standpoint and also we believe it is one of the gems of this bull run. We have bought into it around $6 and will most likely continue holding a large chunk of the portfolio in it for the majority of the bull market unless something unexpected happens.


ETFs continue with positive inflows, that's why $BTC does not stop printing green candles. Halving is basically around the corner at this point and it seems that supply shock is coming when taking into the account these two things.


Sooner or later the gains from Bitcoin will start flowing into alts, we believe we have not entered the true altcoin season at all yet, that is when we will see most gains. So far we have only had a few altcoins that have overperformed, but the altcoin market as a whole is still very far off the all time highs.


We are attaching a screenshot of Injective's chart, since we can only add one photo we will share TOTAL3 graph (marketcap of all coins excluding $BTC and $ETH).

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9 people like this

Great adjustment 📈

Divine Investing
10 Feb, 2024

There hasn't been much to say lately, we have been in consolidation for a while so there is no big moves to be made right now, just ride it out and wait for a breakout.


Things still look very bullish, the halving is happening in about two and a half months, which will decrease the $BTC mining rewards by half.


The BTC spot ETF has been a huge success in our opinion, the GBTC selling is slowing down, while other ETFs are constantly having huge positive inflows, which will most likely eventually lead to a supply shock, meaning that there will not be as much BTC on the market to buy, hence we predict the increase in price, which would consequently be positive for altcoins as well.


There is also still a lot of sidelined people who have not invested in crypto and were bearish when Bitcoin was below $25k, still waiting for a perfect retest which might not happen. Besides that the majority of retail investors have not paid attention to crypto for the last 2-3 years, because the coverage in the media has been sparse, such investors normally start investing at the highs of the cycles and get burnt. All of this just means we still expect huge gains to be made in the next ~12 months.


We are still sticking with our thesis that $ETH ETF is going to be accepted some time in the next 3-6 months, therefore some part of our altcoin holdings are in $OP and $ARB, while keeping $INJ as our largest holding. Lately $TIA has been performing very well, but there is a case to be made that it might be climbing into overvalued territory as its fully diluted value is nearing $21B already.


There is also a new Ethereum network upgrade called Dencun scheduled for 13th of March, which will reduce costs for L2 transactions, also bullish for $OP and $ARB specifically.

9 people like this
Divine Investing
18 Jan, 2024

We are not planning on making any (major) rebalances in the near future, however we want to take the opportunity of a down day to repeat ourselves and let our copiers know that the downturns on the market are very common and can be seen as an opportunity to "buy things at a discount" rather than to panic. Be aware that this holds true in a bull market as opposed to a bear market.


Dollar cost averaging (DCA) is a very powerful method in such cases - if you have never heard of DCA or do not know it well we suggest googling the term and familiarizing yourself with it closely.


Never forget the first rule of investing: do not invest more than you can afford to lose. As with any investment there are risks involved when investing in cryptocurrencies.


Always do your own research when investing, this is not financial advice.

9 people like this

@Shantini, thank you for reaching out. In response to your query, we want to assure you that our strategy remains focused on a long-term perspective. We do not plan on actively selling or trading during the uptrend to avoid potential retraces. Instead, we see downturns as opportunities to add fiat into crypto, particularly stablecoins. Our commitment is to a steady and strategic approach to investing. In the event of any significant market developments that could impact our outlook, rest assured that we will take prompt and appropriate action.


Kind regards 😊

Whats going on now,?☺️