Some signs of a relief bounce.
Deploying our last fiat, staying mostly in $ETH and $BTC with a small punt in $FXS , it dipped a lot because of $LUNA panic irrational contagion.
Mountains and Valleys tackles the cyclical nature of the cryptocurrency markets by aggressively rebalancing investments between fiat, btc and alts.
Some signs of a relief bounce.
Deploying our last fiat, staying mostly in $ETH and $BTC with a small punt in $FXS , it dipped a lot because of $LUNA panic irrational contagion.
Dire straits. We are selling a bit more USD, keeping a conservative structure.
A brutal and likely historical day in crypto, with the UST algorithmic stablecoin on the verge of collapse. We put 1/4 of our USD back into the market, as this is definitely a "blood in the streets" moment.
Hmm, either this is the end of the crypto world as we know it, or the beginning of something new, or just a fluke. Nobody really knows, so we are rebalancing. Keeping the defensive structure.
first time I’ve heard that in the crypto world 👀
Reducing risk here while we observe whether this recent recovery was just a dead cat bounce. The overall market sentiment remains bearish and we could be in for more pain.
wonderful. 😐
Quick rebalance to take wonderful gains on FXS and Near.
Congratulations on nice gains!
Nice pump!
In the past weeks, crypto managed to maintain a local uptrend in spite of dire macro conditions. With individual alts flaring up occasionally, it's mostly Bitcoin and Ethereum leading the recovery. Too early to celebrate (and not really a time for celebrations in any case), we maintain the current portfolio and do a regular rebalance.
Fantastic... just -30% left. :D
Rebalancing and consolidating the portfolio, adding $BTC
A month out, and came just in time before the pump. I missed you so much!
Nice that you're back :)
Bleak market conditions all throughout January. Crypto has been following traditional markets in a global risk-off move.
While a typical crypto portfolio is now down roughly the same %age as a typical emerging tech portfolio, of course, many are again prophesying an everlasting bear market and the end of all things crypto.
We've been there, and learned that taking the opposite bet pays off quite handsomely in the long run. Here's to better times.
Why don't you have Terra?
luna was really not nice experience. i would understand kill shib, doge and this crap, but luna looked like a solid asset.