Here we come with Q4 2021 UPDATE
Assets Copying Strategy
No. of copiers
Ragnarok Crypto is actively managed Crypto Strategy, which has a medium to high risk profile. Ragnarok’s strategy is comprised of three main elements: safety, diversification and timing. This portfolio is ideal for investors who are looking for an easy and diversified, all in one solution. The recommended investment horizon is 3 plus years.
The first element is to keep the investors safe, meaning a majority part of the allocation is always held in mature and established assets with low volatility and high liquidity. The second element is all about researching and investing into undervalued but fundamentally sound and strong projects. The last one is about finding the right entry and exit points. We are closely watching the market 24/7 and combine both technical and fundamental approach to rebalance the portfolio accordingly.
The allocation amount into the most established assets is always within 30 - 70 % according to market conditions. (30 % during a positive outlook, 70 % during a neutral or negative outlook). The rest of the allocation is spread across low to mid-cap assets. RCAA expects to be fully invested into the crypto-assets most of the time. However for hedging reasons we may be up to 50 % in stable coins.
We have hit first strong supports, so it is time to buy some crypto.
But will set SL in case we would be going more down.
Around 40 % invested now, the rest in USDT and Gold.
To explain the situation now:
We were 50 % Tethered before this dump as we were unsure which directions the market will go.
Now we see that markets are going down and we think it will continue to do so for some time.
The current situation means significant risks for our copiers so we are moving out 100 % into USDT.
Will accumulate lower on BTC support levels.
China problems -> S&P500 lost momentum. Crypto is strongly correlated with major US indexes when they are going down. So better be safe now.
We believe it time to hedge 40 % into trusted stablecoins USDC and TUSD, will rebuy positions lower if it goes there. Do not believe in immediate continuation of uptrend.
There are 2 scenarios currently in play in our opinion.
1st - preferred and bullish option (we give this 60 % chance) - 2013 repeat, that would mean sideways action till october and then new parabolic move with 1,2 or 3 bear traps on its way(1st one would be retest of 40k or similar for BTC and around 2500-2000$ per ETH). As there were basically no alts back then we do not know how they will perform. But we suppose in scenario where BTC is going sideways 35-50k range till october, altcoins will perform same or better than BTC.
2nd - not preferred but possible (40% chance) huge triangle formation same as 2018 and then dump below 30k $ for btc which would drew down altcoins as well.
The problem with both scenarios, as always, is that nobody knows which one it is untileverything is over.
That is why we hedge now and will wait most probably till mid autumn to invest these money.