Green Machine

@greenmachine

Assets Copying Strategy

€14,393.76

No. of copiers

39

Green Machine Strategy Performance

Show BTC comparison:
From
Nov 21, 2022
To
Nov 28, 2022
Green Machine
Bitcoin

Returns

Overview
Avg. by month
Return (24h)
-3.56%
Return (7D)
+4.18%
Return (1M)
-22.71%
Return (1Y)
-78.26%
Jun 2019
-30.22%
Jul 2019
-20.28%
Aug 2019
-14.25%
Sep 2019
-0.7%
Oct 2019
+13.16%
Nov 2019
-12.5%
Dec 2019
-11.2%
Jan 2020
+33.94%
Feb 2020
+19.62%
Mar 2020
-20.43%
Apr 2020
+23.54%
May 2020
+12.21%
Jun 2020
-9.67%
Jul 2020
+38.52%
Aug 2020
+40.13%
Sep 2020
-28.46%
Oct 2020
-10.52%
Nov 2020
+7.85%
Dec 2020
+3.61%
Jan 2021
+48.42%
Feb 2021
+83.16%
Mar 2021
+38.96%
Apr 2021
+21.06%
May 2021
-16.41%
Jun 2021
-10.37%
Jul 2021
+17.46%
Aug 2021
+55.16%
Sep 2021
+2.85%
Oct 2021
+34.65%
Nov 2021
+3.82%
Dec 2021
-1.84%
Jan 2022
-26.25%
Feb 2022
+21.49%
Mar 2022
+13.64%
Apr 2022
-25.61%
May 2022
-58.37%
Jun 2022
-33.85%
Jul 2022
+33.55%
Aug 2022
-8.18%
Sep 2022
-2.64%
Oct 2022
+7.24%

My Investment

Profit Taken
€0.00
0.00%
Profit/Loss
€0.00
0.00%
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)
1.00%
Entry Fee
Performance fee (Weekly )
3.75%
Exit costSell/Exit cost (per transaction)0.50%

Structure changes

Last structure change
Oct 20, 2022, 10:42:09 AM
Number of structure change in last 30 days
0
Performance
1D
7D
1M
3M
6M
1Y
All
Return
-3.34%
+4.15%
-22.74%
-21.84%
-29.41%
-78.26%
+139.18%
Volatility
N/A
+2.75%
+5.88%
+4.13%
+4.28%
+4.93%
+4.67%
Max. Drawdown
N/A
-4.69%
-35.82%
-35.82%
-40.59%
-83.01%
-83.01%

News Feed

Green Machine
20 Oct, 2022

Been a couple of months since last rebalance just before ETH merge. Unfortunately almost everything is down since then by about 20%. However, with inflation out of control and monetary policy everywhere being tested, it's all helping to promote crypto and the concepts of deflation, fixed supply, public ledgers etc. Rebalancing now with no changes in assets but shuffling weights around so that $BTC is largest holding followed by $ETH and $ATOM. The logic for that is that historically, BTC leads the charge out of a bear market and against ETH on long term monthly charts, it's looking like it's due a run upwards.

4 people like this
Green Machine
11 Aug, 2022

Making ETH the largest holding at 30%. As we build up to the merge (supposed to be happening next month) I predict demand for it will only continue to grow in anticipation of a hard fork and the 'free money' that may come with it. Several exchanges are supporting or will support ETHPOW futures and it's likely there'll be strong demand for ETH and a lot of volume next month as a result of that plus the possibility of there being some liquidity for major POW ERC20 tokens.

2 people like this
Green Machine
18 Jul, 2022

It's been a couple of months since last rebalance and it looks like we've found a bottom (hopefully) with BTC struggling to break below the last cycle's ATH of about $18k. Everything green over the weekend and news of a rough ETH merge date in a couple of months time has pumped ETH. Lowering BTC from 44% to 30%, allocating the difference mainly to ETH and minor changes on the rest including adding a small CRV position and removing ANKR.

One person likes this
Green Machine
12 May, 2022

Dreadful few days for crypto and this will hurt a lot of people. I removed Luna from the strategy at between $5-6 yesterday saying I felt it was in a death spiral and could go lower and that has indeed proven to be the case. After a temporary rally it now sits at 13c. The lesson is don't be afraid to cut embarrassingly large losses and don't get sucked in to believing the only way is up for any asset. Sunk cost fallacy kills people and sometimes it's better to risk selling the bottom than watching things go to zero. We hear it all the time (and ignore it all the time) but it's worth repeating - please don't invest more than you can afford to lose. And if you find yourself in a position where that advice is too late, please don't be afraid to cut losses. Today's bottom can easily turn in to tomorrow's top.

3 people like this
Green Machine
11 May, 2022

Cutting loses on Luna. In a death spiral that won't stop until some sort of plan is announced. Going to zero is possible although I do believe there'll be a rescue plan (backed by CeFi actors) at some point. What we have now is simply a bank run and rush to the exits. Getting anything out is better than nothing at all.

2 people like this

having said all of that, I personally have bought some Luna and believe there will be a solid plan announced at some point - I’ll be keeping a close eye on things and will possibly scale back in to Luna quickly

with UST suffering a huge depeg for this long, confidence is shattered in it & Luna - so everything hinges on Do Kwons plan. Until that comes, logically, we should just keep going down - although this is crypto and a big bounce wouldn’t surprise me at all - but unless the plan is sound, any bounce will likely be a dead cat one

Green Machine
10 May, 2022

Another rebalance, same structure and same strategy (buying the Luna blood). UST has lost peg big time now (88c) which is a problem. However, I don't believe this is anything other than a very short term depeg caused by sheer market panic / chaos.

4 people like this
Green Machine
8 May, 2022

Almost everything down double digit % since last rebalance. No weight changes this time, just a rebalance to buy the $LUNA blood in particular. It's still the largest holding and UST is being stress tested but is still holding peg nicely and working as expected. $BTC is taking everything down with it and difficult to know when it rebounds but with inflation so high, it's still one of the most solid long term bets you can take.

5 people like this
Green Machine
16 Mar, 2022

Largest holding $LUNA is up 72% since last rebalance so time to take some profit and reallocate to others. Not many changes but adding a small 2% $AVAX position. Crypto has held up remarkably well despite all the bad macro news but things can of course change quickly. $LUNA still largest position and is somewhat of a small hedge against a bearish market due to the way it works.

4 people like this
Green Machine
29 Jan, 2022

Lots of blood since last rebalance a couple of months ago but fundamentals are better than ever. Lots of uncertainty around UST and $LUNA at the minute but doubling-down on it and allocating 25% for $LUNA. Also adding small $ROSE position.

3 people like this
Green Machine
22 Nov, 2021

Remarkably little change since last rebalance over a month ago but $ANKR the biggest gainer up 45%. $BTC down 6.5%. Another rebalance now with some minor weight changes, increasing $LUNA slightly. Not at all worried about recent $BTC price action (multiple aggressive sell offs taking us below 60k, currently 55k). However, in mid-December I may become more active with rebalancing in anticipation of more severe end-of-year sell offs. Like many others I'm still expecting more upside over the next month 

3 people like this