The Sandbox price in EUR and SAND-EUR price history chart

Re⚖️Balance & Pivot Update

This is a sizeable one. Removed many assets that could come under heavy regulatory scrutiny or become entangled in the FTX contagion.

Moonity saw $XMR showing immense strength amidst the chaos and it seems like the best non freezable digital asset hedge (since DAI is not available for almost a year now on iconomi).

/rm $AVAX | $FLOW | $REN | $RVN | -1.93% $MKR | -1.42$ $MANA | -1.4% $LINK | -0.96% $AAVE | -.99% $SAND

/add +4.57% $XMR  | +3.89% $ADA | +1.36% $GRT | +1.43% $KMD

Why Moonity increased $ADA

"Hydra Payments" (a L2 for micro payments, utilizing the Hydra protocol stack) was announced for Cardano to be rolled out end of this year. This is ushering in the DeFi era on the blockchain; together with the first stable coin to be released end of this or beginning of next year.

Stay happy & mindful🙏

Slightly more defensive as charts turn bearish again.

S&P500 and stock markets reach resistance. USD reaches support. Contagion issues seam far from over.

We'll stay in the market with almost half of our funds, but we keep dry powder to buy the blood.

We've set up rules to buy $BTC , $ETH , $BNB , $LINK , $ADA , $MATIC, $ATOM , $SAND and $GALA

Rebalancing

This structure change will be automatically executed on the client's Bitcoin Crypto Assets DAA accounts.

CHANGE

Removing: $EGLD $FET

Adding:  $ADA $LINK $DOT $BNB $AVAX $SOL $CRO $ATOM $EOS $POWR $SAND $ALGO $FTM $MINA $KAVA $AUDIO $FLOW

QUiCK Re⚖️balance / Pivot Update

/rm - .28% $MANA | - .1% $SAND | - .11% $CHZ | - .1% $LINK

/add + .59% $GRT

Stay mindful & healthy 🙏

Added $btc $eth $cake $matic $sand $enj

Quick re⚖️balance update

/rm .24% $SAND & -14% $EGLD

/add .37% $GRT

General Update

Moonity is preparing to pivot into a small sized, high risk strategy focused on web3 infrastructure.

Stay humble & healthy 🙏

Quick re⚖️balance update

/ Shaved off some minor $MKR profit

/ Started fading out $SAND

/ Added more $ATOM - 🐂for 2023

Stay healthy & happy 🙏

@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.

Changing to Active Structure - Hedge Function 2 & 3 is now activated

This structure change will be automatically executed on the client's Bitcoin Crypto Assets DAA accounts.

CHANGE

Removing: $LUNA $DOT $MATIC $AVAX $ATOM $EOS $MANA $SAND $FTT $XLM $FET $ALGO $FTM $QNT

Adding: $CRO $KAVA

Active: $BTC $ETH $ADA $LINK $RUNE $AAVE $BNB $SOL $CAKE $WNXM $FXS $MINA $NEAR

Changing to Active Structure - Hedge Function 2 & 3 is now activated

This structure change will be automatically executed on the client's Bitcoin Crypto Assets DAA accounts.

CHANGE

Removing:  $CRO

Adding: $AVAX $BNB $ATOM $EOS $LUNA $UNI $DOT

Active: $BTC $ETH $ADA $LINK $RUNE $AAVE $MATIC $SOL $CAKE $CRO $MANA $SAND $FTT $XLM $WNXM $EGLD $FET $FXS $MINA $NEAR $QNT