Welcome to Risky Biscuits.
The focus of the strategy is primarily small cap coins with big upsides.
Enjoy the ride!
Sell cost (per transaction)0.50%
Luna did not manage to get the death spiral and UST peg under control and the ecosystem is essentially dead.
We never held any Luna in the strategy but obviously the entire market was heavily affected.
I'm looking to move more into fantom as I still think it's the best ecosystem for defi by far and very undervalued.
I think Iconomi disabled? They should restore. Check Lunatics, nothing..
I am allocating 2.5 % to Luna, just in case we see some crazy rebound fomo.
Another massive dive.
Full blown panic it seems. I'm going 50% BTC, 50% Eth until this blows over.
The entire crypto market just took a nose dive.
This presents some good opportunities to enter into solid projects that dump more than the rest.
I'm currently looking at entering luna but I want to see their stable coin (ust) regain it's $1 peg somewhat fast.
Hopefully we have better days ahead.
I will definitely wait and make sure they get ust under control quickly. If not I'll stay out of luna, but I'm keeping a close eye on the entire market for good opportunities.
I am not so sure about $LUNA anymore. Looks very very bad.
Luna just emptied their BTC reserve wallet.
What a bloody week.
As I've said previously, I don't think it's possible to time the market and generally I don't try to do so.
I have and will continue to move portions to gold or stables after big pumps and use that to buy back in after crashes like this. In my experience this is the best strategy to use over a long period of time.
Hang in there. There's better times ahead.
Happy new year
The first day of 2022 bodes well for the rest of the year for Risky Biscuits.
Since our last rebalance, $FTM has made around 50% returns. I've put a bit of that profit into gold. I can't predict when the next market correction will occur, but I want to be in a position to take advantage of it.
I wish you all a great 2022!
Their system allows me to add it to the structure but it doesn't seem to actually work after that.