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ELEVATE MONSOON

@Investmox

Assets Copying Strategy

โ‚ฌ72,238

No. of copiers

104

ELEVATE MONSOON Strategy Performance

ELEVATE MONSOON Strategy Performance

|
From
Mar 12, 2024
To
Mar 19, 2024

About this Strategy

About this Strategy

Monsoon is a weather pattern characterized by seasonal changes, bringing strong winds and heavy rainfall to specific regions during certain times of the year.

Our strategy mirrors this phenomenon, aligning with the seasonal narrative shifts in the crypto realm, often coinciding with significant market movements.

Performance & Risk

Performance & Risk
Annualised Return
+43.91%
Max. Drawdown
-91.25 %
1D
7D
1M
3M
6M
1Y
All
Return
-17.46 %
Volatility
+3.66 %

Structure

Structure

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

Structure changes

Structure changes

Last structure change
Mar 14, 2024, 9:41:52 PM
Number of structure change in the last 30 days
12

Posts

ELEVATE MONSOON
16 Mar, 2024

PORTFOLIO STRUCTURE UPDATE ๐Ÿ‘‡


We have added $ATOM, $GMX $EGLD


$ATOM is in multi year huge buying zone. It is also one of the least correlated altcoins with $BTC. The chart we attached is shows it. Also Cosmos ecosystem has been blooming while $ATOM was stagnating. This will be changed in following weeks. You have to look $ATOM against $BTC, this is how you know when it's overvalued or undervalued.


$GMX is the hidden project we were accumulating. It's the #1 Derivatives DEX with massive revenues. I've posted in past weeks we are at all time highs with leverage. Once deleveraging event will be unfolding the protocol will massively profit from it.

$GMX is a 500M$ project, while other DEX's are valued in billions of $. Massive repricing will occur in following weeks/months.


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3 people like this
ELEVATE MONSOON
10 Mar, 2024

I'm expecting this week crypto metldown ๐Ÿ”ป

Way too much leverage in the space โ˜ข๏ธ

Correction before next leg up I think.

Rules are set on ICONOMI so just waiting on the sidelines โœ…



2 people like this

You had good instincts about the correction and about near but seems like not quite enough patience to see the thesis play out. I've not increased my deposits into your strategy but kept a small amount in to continue watching.

You moved back in before the correction?

Did you set your rules a bit higher or do you expect like a 30% drop?

ELEVATE MONSOON
9 Mar, 2024

Portfolio update: I will remain in a hedge position for the foreseeable future.


Most altcoins are now in very overvalued teritory. RSI indicator on $BTC, $ETH , $NEAR, etc... is in super overbought territory ๐Ÿ‘€


Things can go higher. But I ask myself how much room for growth do we have from current positions?


I'm overall bullish on crypto but we need a healthy correction. Untill I see one I will remain in hedge position.

Open interest is at ALL TIME HIGHS ๐Ÿ˜ฎโ—

Funding rates are crazy in record highs, which means sooner than later deleveraging event will occur. I've attached data that prooves what I'm saying.


HINT ๐Ÿ‘‡

I'm also investigating and observing 1 very interesting project. It will soon be bigger part of portfolio structure. Investment thesis will be posted after our position is completely built out.


If you want to find out more in near future feel free to follow and copy me ๐Ÿ˜‰


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One person likes this

Thanks for sharing your thinking and explaining why you are out as many others are expecting a big BTC breakout into price discovery.

ELEVATE MONSOON
8 Mar, 2024

$NEAR is the only crypto project that's been invited to NVIDIA's conference on 20th march ๐Ÿš€ ๐Ÿ”ฅ๐Ÿ”ฅ๐Ÿ”ฅ


NVIDIA is now the best performing stock in last 5 years ๐Ÿ”ฅ

It's 3rd biggest company in the world. It's growth came from AI frenzy.

It's a leading horse of AI trend and $NEAR might be the only crypto project they're looking to partner with?


Is $NEAR the hidden dark horse in crypto? I think so โœ…๐Ÿ˜‰


We're still very under radar.

Many people still sleeping on it ๐Ÿ˜‰

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One person likes this

@Silver I still like the project.

I just feel like everything is going way too verticly up.

Open interest is at all time highs but we didn't have deleveragin event for few months.

I'd like to see late longs to get liquidated.

I'd like to see 15%+ correction.

Waiting for the NEAR move? Any reason you are now in tether instead of BTC?

ELEVATE MONSOON
6 Mar, 2024

Why $NEAR is still cheap after massive surge? ๐Ÿ‘‡


I'm not looking $NEAR in terms of US$ but in $BTC


We've made massive run in terms of FIAT,

But we're still cheap relative in terms of $BTC


I'm aiming atleast 0.00015 Sats per 1 NEAR


At current $BTC price this is 10,09$ ๐Ÿ˜‰๐Ÿ”ฅ๐Ÿ”ฅ๐Ÿ”ฅ


There's massive announcements from NEAR Protocol incoming:

  • Data availibility
  • Chain abstraction
  • NVIDIA partnership? ๐Ÿค”


Remember Illia is the founder of $NEAR and he's also one of the writers that lead to CHATGPT


Near Protocol has been an AI project since their early beginings from 2018. Many VC's still sleeping on it because they sold it during 90%+ correction and FTX and Alameda liquidation.All these VC's and crypto tourist will buy it near ALL TIME HIGHS.


I've been here for the tech since begining and these small price swings are irrelevant.


Focus is on fundamentals and problem solving and this is finnaly kicking in. Market is anticipating something massive from NVIDIA conference ๐Ÿ”ฅ๐Ÿ˜‰

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One person likes this

@witzandstrand I can't tell you when it's the best time to buy and when to sell. But if you are a medium term oriented investor i think $NEAR is primed to the upside

Still the time to buy in you think? What price would be the time to sell? You think it could surge to double/ triple digits?