LongTerm Fundamentals

@LongTermFund

Assets Copying Strategy

€359,848.91

No. of copiers

454

LongTerm Fundamentals Strategy Performance

Show BTC comparison:
From
Mar 20, 2023
To
Mar 27, 2023
LongTerm Fundamentals
Bitcoin

Returns

Overview
Avg. by month
Return (24h)
+1.47%
Return (7D)
-7.30%
Return (1M)
-9.46%
Return (1y)
-71.54%
Jan 2020
+68.35%
Feb 2020
+21.3%
Mar 2020
-38.5%
Apr 2020
+41.81%
May 2020
+10.37%
Jun 2020
-5.18%
Jul 2020
+32.18%
Aug 2020
+56.82%
Sep 2020
-30.78%
Oct 2020
-9.99%
Nov 2020
+38.8%
Dec 2020
+9.78%
Jan 2021
+120.45%
Feb 2021
+51.62%
Mar 2021
+45.14%
Apr 2021
+62.08%
May 2021
-3.51%
Jun 2021
-15.14%
Jul 2021
+9.82%
Aug 2021
+62.73%
Sep 2021
-0.73%
Oct 2021
+49.88%
Nov 2021
+1.14%
Dec 2021
+4%
Jan 2022
-29.93%
Feb 2022
-2.79%
Mar 2022
+14.1%
Apr 2022
-29.04%
May 2022
-39.65%
Jun 2022
-44.25%
Jul 2022
+39.17%
Aug 2022
-15.18%
Sep 2022
-14.63%
Oct 2022
+13.72%
Nov 2022
-26.46%
Dec 2022
-15.6%
Jan 2023
+65.49%
Feb 2023
+8.04%

My Investment

Profit Taken
€0.00
0%
Profit/Loss
€0.00
0%
You Have:
€0.00

About this Strategy

My Iconomi strategy focuses on growth in the long-term horizon—as long a horizon as appropriate within the bounds of the cryptocurrency realm :)

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)
1.25%
Entry Fee
Performance fee (Weekly )
5.50%
Exit costSell/Exit cost (per transaction)0.50%

Structure changes

Last structure change
Jul 28, 2022, 5:41:22 PM
Number of structure change in the last 30 days
0
Performance
1D
7D
1M
3M
6M
1Y
All
Return
+1.50%
-7.28%
-9.43%
+48.55%
+8.39%
-71.53%
+885.20%
Volatility
N/A
+2.81%
+4.51%
+4.05%
+3.94%
+4.58%
+5.42%
Max. Drawdown
N/A
-12.12%
-23.19%
-24.80%
-41.30%
-84.38%
-88.35%

As we look ahead, our strategy at this time maintains a strong conviction $ETH and a number of projects on the Ethereum network. One of the key reasons we have high confidence in Ethereum is its strong network effects and the strong ecosystem around the currency, with many users and institutions invested in its success. We expect this trend to continue and for Ethereum to continue to play a prominent role in the cryptocurrency space.


In addition, we are excited about the potential of Rocketpool ($RPL). Rocket Pool is a decentralized network for staking ETH, providing users with a way to earn rewards for holding and staking their ETH without having to set up their own infrastructure. This approach enhances the decentralization aspect of the blockchain ecosystem, which is a core value for many cryptocurrency investors. We believe that decentralization is a key factor in the long-term success of blockchain technology, and we see RPL as--perhaps even the most--an important project in advancing this goal. By allowing users to participate in staking without relying on centralized infrastructure, RPL helps to promote a more decentralized and resilient ecosystem. We are very eagerly awaiting the integration of RPL onto the Iconomi platform.


Our strategy is to closely monitor the current economic outlook and the crypto space and make adjustments to our portfolio as needed. It goes without saying that we will not make hasty decisions that go against our long-term outlook. We believe that by staying committed to our long-term goals and adapting to changing conditions, we can continue to position ourselves for success.


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4 people like this

What about zksync era? :) any thoughts?

Rebalancing @LongTermFund portfolio to bring asset allocation in line with our medium to long term goals. Our $SNX play had a SCORCHING hot run -- offloading a bit of $SNX, +$CRV and -$LINK .

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4 people like this

$SNX enables swaps of any size almost without any slippage, as well as creation of tokens that can track the value of any asset (stocks, ETFs, indexes, commodities, cryptocurrencies, etc). $SNX has generated $11M of revenue in the last month. @LongTermFund  remains bullish in $SNX for the foreseeable future.

Our other main plays are $FXS and $CVX. It goes without saying that we are maintaining $ETH position.

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$AVAX out, $FXS in. Minor rebalance of the rest of portfolio [$ETH $CVX $CRV $AAVE $XMR $MATIC $NEAR]

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3 people like this

AVAX out 11 days after re-introducing it? Was there any recent news?

After reviewing the announcements from the $AVAX team, reintroducing $AVAX. Rebalancing $ETH $XMR $CRV $CVX $AAVE $NEAR $MATIC

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$APE (Apecoin) is currently top 40 in market cap, readily available on all major exchanges and has tremendous upside.


@ICONOMILTD please make $APE available to strategies!

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Or better yet, we (strategy managers) need a structured way of proposing new assets to be added to the @ICONOMILTD platform, as well as notifications as to when new assets are added.

A note on the collapse of $LUNA and de-@LongTermFund did not have any exposure directly to $LUNA, however, had held small $LUNA positions in the past for brief periods of time. 


Algorithmic stablecoins such $UST have always been prone to bank runs that can destabilize or de-peg the coin. Heck, even collateralized, fiat-backed stable coins have lost their peg for various durations in the past. $LUNA / $UST has a decent/active team and I don't doubt that the project will rebound in some form. However, betting on cryptocurrencies that prop up algo stablecoins is a high-risk proposition--the question is not if but when there is a destabilizing event, introduced or renewed regulatory pressure, etc. 


@LongTermFund's investment strategy--at least for the time being--does not involve investing in $LUNA-like cryptocurrencies. 

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4 people like this

@LongTermFund performed a restructuring earlier today. There are major changes such as removing $AVAX as a risk management step due to its exposure to the Terra ecosystem, as well as removal of $ENJ, $FTM, and $SAND for the time being. $CRV, $AAVE, and $XMR have been added, as well as ramping up our $ETH position. 



While we are navigating rocky waters due to the collapse of $LUNA / $UST, as well as larger macro economic pressures, @LongTermFund remains bullish on $ETH and its ecosystem in the long run.

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-$LUNA +$CVX +$NEAR Rebalancing $ETH $FTM $MATIC $ENJ $SAND $AVAX


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6 people like this

@JudiciouBanke alive and well :). @LongTermFund is actively managed, but it is not a fund that trades as actively as some of the others. This is in line with the longer-term investing strategy of the fund.

Can you give us a sign that your still managing this strategy? We dont even know if you are alive, no updates for 4 months. Just show signs that your still doing this please

$AAVE $ATOM out. $AVAX $SAND in. Minor rebalance of the rest.

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