Screw $BTC, single asset strategies are for bores. Back to the previous "golden 8"
Assets Copying Strategy
No. of copiers
This strategy focuses on the less loved currencies, which helps to diversify a portfolio that otherwise would have a lot of overlapping between strategies.
Currently not much to do, still all assets deep red, but we are getting there. Plan is to add new stop loss rules as soon as we reach and exceed ATH from Oct 4th. Until then, just wait and see.
Update on strategy: now added $XTZ and $AXS to have some NFT stuff included as well. Also going with an equal share of each of the 8 assets in this strategy. When they are partially red+green -> rebalance. When all are green, take profit. Then buy dips.
Lets see how this goes :)
September was a bad month. Yes, a lot of people, history and the S2F model predicted this. Still, without leaving the market for a month, we made roughly 20%, which is aboslutely great, considering the time frame.
Let's see what the next weeks will bring, if the super cycle continues and we will see $BTC at 100k EOY or not :)
Since I put my own money in this strategy (Feb this year) we have spent over 1100 EUR in fees. Considering this, I am currently even more reluctant on moving out and in of markets on hunches. Even though I am not really happy about the current sideways market, I will stay put and watch where it goes. I have set up a stop loss rule in case $ETH should go below 2300 EUR we move out completely to protect gains.
That felt like a decent correction, lots of paper hands got rid of their stash, going all in now (guess there still might be a bit of ranging before we see another solid uptrend but arent we all in this ride for at least some volatility)