$BTC is still moving sideways but volatility is decreasing. A big move is coming and unfortunately we have to assume that the trend will continue and the move will be to the downside.
Schillebeeckx Fund is a large cap focused strategy. We aim at long-term growth, low risk and stability. LOW management fee, NO performance fee!
As expected another strong selloff shows we're still in a bear market. Overall markets are breaking down and will most probably drag crypto down with it. We stick to our big $USDT allocation for now.
$BTC is trying to hold the 18k level, but below 18k there's not much support left and things could get very ugly. A real capitulation panic move is in the making, but we won't go 100% out as we need to hedge against our own stupidity.
So far protection pays off as we are outperforming $BTC on the 3-month chart by double digits.
Very glad we positioned defensively before the FED meeting. Cryptomarkets are breaking down with general markets. We stick to the $BTC and $ETH orders we've set up a while ago when prices were way higher.
We don't try to pick the bottom. Long term crypto is very cheap right now, but we buy the blood in tranches and will average down into our favourite projects.
Our LOW FEE Schillebeeckx Strategy is coping well with this downtrend by staying out of alts and hedging our portfolio with $USDT.
Remember that bear markets can make you rich. So stay postive, even on these deep red days. It's just a buying opportunity.