Sell/Exit cost (per transaction)1.00%
Strategy is closing down. There is too little fees to justify tax reporting.
Strategy performed well above average vs other managers and bitcoin since inception. But it is not about performance but rather marketing, which manager did not focus on.
Thank you everyone for your trust and best of luck to you.
Is the strategy closed ? Do I need to withdraw money?
Strategy is one of the best in all time frames, same with aggressive growth strategy. We are bit more conservative vs others but outperforming in the long run.
Crypto holding well vs stocks. Keeping larger crypto exposure for now. Btc seems to be consolidating, could be positive for alts.
Crypto holding well. We are not out of the woods yet but mean reverting move is very likely. Meaning, btc could chop short term but should bounce somewhat upwards over the year. Assuming no shocks in stock markets.
crypto holding ok. Adding some exposure. Will add or remove based on price action.
BTC still ranging but alts started moving. This is positive given new year. Best to wait for stock markets to open and see how it impacts crypto.
Holiday season. Very little volatility. Nothing changed.
Merry Christmas everyone!
SP500 moving up while crypto doing little. It could be lagging or sign of weakness.
Will monitor and post when there are changes.
Bearish move yesterday. If it continues down will totally remove crypto until it is more bullish.
Strategy (MT) is beating BTC 13.5% YTD (-48% vs -61.5%). While in % it does not sound a lot, it is meaningful difference. To reach ATH:
-48% needs 1.92x or $32,000 BTC price (our strategy case)
-61.5% needs 2.56x or $42,750 BTC price (BTC case)
-80% needs 5x or $83,500 BTC price (many managers case)
-90% needs 10x or $167,000 BTC price (worst managers case)
When times improve, we will be very fast to reach ATH vs BTC!
Signal still valid, but markets looking weak. Reducing exposure.
it will be closed within next 7 days. You can withdraw your money or keep it. If you keep it Iconomi will transfer it to largest strategy, which is blockchain index.