Web3 Foundation

@Web3Found

Assets Copying Strategy

€8,522.90

No. of copiers

9

Web3 Foundation Strategy Performance

Show BTC comparison:
From
Nov 28, 2022
To
Dec 5, 2022
Web3 Foundation
Bitcoin

Returns

Overview
Avg. by month
Return (24h)
-0.43%
Return (7D)
-2.02%
Return (1M)
-5.80%
Return (1Y)
-41.31%
May 2021
-45.12%
Jun 2021
-19.46%
Jul 2021
-0.48%
Aug 2021
+29.3%
Sep 2021
+2.88%
Oct 2021
+35.55%
Nov 2021
+28.32%
Dec 2021
-7.19%
Jan 2022
-30.28%
Feb 2022
+18.06%
Mar 2022
+5.21%
Apr 2022
-3.6%
May 2022
-18.43%
Jun 2022
-15.38%
Jul 2022
+7.44%
Aug 2022
+1.02%
Sep 2022
+2.22%
Oct 2022
-0.94%
Nov 2022
-5.14%

My Investment

Profit Taken
€0.00
0.00%
Profit/Loss
€0.00
0.00%
You Have:
€0.00

About this strategy

We are at the tipping point of a new phase in the web’s evolution. Some early pioneers call it Web 3.0. Serving as core-holding for long term portfolio.

Strategy status
No rules
No rules
0 rules active
Rebalance done
Rebalance status
100%

Fees of this Strategy

(set by the Strategist)
Management Fee
Copy fee (Yearly)
1.00%
Entry Fee
Performance fee (Monthly )
5.00%
Exit costSell/Exit cost (per transaction)0.50%

Structure changes

Last structure change
Nov 11, 2022, 9:25:56 PM
Number of structure change in last 30 days
2
Performance
1D
7D
1M
3M
6M
1Y
All
Return
-0.44%
-2.04%
-5.81%
-6.57%
-10.10%
-41.32%
-30.62%
Volatility
N/A
+0.50%
+0.60%
+0.68%
+1.03%
+2.31%
+3.32%
Max. Drawdown
N/A
-2.61%
-5.84%
-9.05%
-15.93%
-47.22%
-50.21%

News Feed

Web3 Foundation
21 Oct, 2022

Not posting much.

China GDP growth slowing, FED hikes, housing recession, energy crisis, UK PM,..


BTC situation reminds a lot of 2018, 6000 floor. Bounces getting weaker and weaker.

Nobody has a clue about next move.

It looks like there are no safe assets left.

For decades simply owning assets generated nice returns. Probably everything will change. Active asset management will be crucial. There are just to many macro shocks in motion.


Staying in USDC for now.

2 people like this
Web3 Foundation
15 Dec, 2021

$BTC update.


People are entering, but the price is not growing. We see that in open interest rising again, the price is declining, and funding is not yet negative enough.


Right now, the 50 million to Tether treasury we wrote is in play.

To keep inflation under control, the Fed must take several actions. Simultaneously, so that there isn't a complete collapse of all markets, resulting in deflation. Another issue is that inflation normally declines 18 to 2 years after measures are implemented. 


Patience has certainly paid off for now. With BTC's behaviour, ALTs setups are risky. According to the Fear & Greed index, markets are experiencing "severe fear." Many people are turning to stable coins as a result. Today's daily stable coin transfer volume reached $57 billion.

3 people like this
Web3 Foundation
14 Dec, 2021

$BTC update.


Another 50 million. So there'll be more chopping and pulling back.

Many ALTs are trading near solid support, but a greater decline is probable below this level. It is preferable to lose a small amount of money than to lose a significant sum of money.

It says a lot that BTC only bounced to 48k area.


Closed some positions.

5 people like this
Web3 Foundation
14 Dec, 2021

$BTC update.


There is just too much scare tactics, we have negative funding. This could be 30k moment in July, followed by the 40k moment in September. 


Because we know the potential is much, much larger, we risked another 10% of USDC by DCA entering in BTC yesterday. With financing negative across the board, retail is selling into the lows ahead of the FOMC meeting.

It is hard to believe they'll change the conditions at central banks overnight. The entire financial system is on the verge of collapse, and they'll drag as long as they can. 


Bids are being placed on Bitfinex. Perhaps for the purpose of purchasing the news.

(Picture credit: Zen)


At the very least, the fact that we will most likely find out which market we are in on Wednesday is a plus.

Post image
4 people like this
Web3 Foundation
13 Dec, 2021

$BTC update.


Not bullish right now.

Another 50M to tether treasury.

They appear to want to take the price down to at least 0.786 Fibb levels, which would be around 46.2k.

4 people like this
Web3 Foundation
13 Dec, 2021

Update on $BTC that is little bearish.


We're now taking a step back and putting 47k to the test in the high-volume support area looking at TA.


We've been in a bear market for a long time, probably.

Only 35% of Nasdaq members are above the 200-day moving average, putting the stock just 2.6 percent away from all-time highs. For the past year, stocks have been realistically dumped, particularly in China and all but the top few stocks. 


In crypto isolated segments of the market are being completely demolished. For example, DEFI has a large number of single names that are down more than 70%.


What if we are looking at the exit pump market over the previous six months?


Cleaning is already taking place, although it is not readily apparent due to the large amount of liquidity and the printing of money. 


On chain data, the picture is still good. Long-term investors are still accumulating at a high level, but demand has decreased slightly. BTC is still being actively removed from exchanges, as evidenced by the blockchain. Another encouraging clue is that we're seeing some of the highest flows since August, just around the time when people began to arrive in large numbers. 


Important week.

Powell on Wednesday, if BTC fails here, the RSI will break on a daily basis, and the MACD will fail, resulting in further drawdowns for alts that have already broken out of trend. 


At the very least, decisions will be made this week.

6 people like this

everthing is gona be allright becase Plemenjak and Josh sad IT at the end of the year we will be in the sky flying with money

Web3 Foundation
12 Dec, 2021

$BTC update.


Right now, the market is really jittery. We'd have a 10-15% profit on yesterday's holdings by now in a normal bull market, but ALTs are being dumped with every BTC move. As a result, the majority of positions were closed yesterday, and we are now waiting.


However, a number of indications are strengthening, including OTC supply, whale CVD, and so on.


Touch the top of the channel once more. We've hit resistance, and we'd like to see 50.3k turn support. However, there will almost certainly be more FUD news to come in next days...

Post image
5 people like this
Web3 Foundation
10 Dec, 2021

$BTC update.


There isn't much change in this choppy zone.

The FED meeting on the 15th is probably the most important event that will aid in the search for the bottom.

Most stock exchanges and hedge funds lock their doors from 17.12 - 18.1, therefore selling pressure is likely to last until 17.12.

BTC.D, on the other hand, bounced remarkably close to the line, leaving just the question of direction. We'd like to see financing go negative in the next weeks. In the short term, a rise above 49.5k could pave the way for better things, but for now, we'll have to wait and watch.

6 people like this
Web3 Foundation
9 Dec, 2021

$BTC and market update 2/2.


Other market segments.


The unemployment rate is one of the best leading indicators of a cyclical downturn. When the unemployment rate approaches 3% and then rises, a recession is on the way. 


The yield curve is another useful indication. The curve was virtually inverted by the close of 2019, implying that a recession would start sometime in 2020.

The FED infused money to stimulate the economy as a result of COVID, but opted to limit monthly purchases at its most recent meeting. As a result, inflationary pressures may persist for some time before the Federal Reserve hikes interest rates.


Simply put, the recession was postponed.

Post image
5 people like this
Web3 Foundation
9 Dec, 2021

$BTC and market update 1/2.


This is the ideal moment to look at the market and think rationally about it, free of Twitter FUD about new ATHs and other such nonsense.

At this point, you can see that technical analysis, no matter how good a project is, is irrelevant.

Big players will profit or pump if they wish to. 

Levels: 46 – 46.7/43.8 – 44.1/41.5 – 42 


We're starting to get some bids in. Is this some sort of bottom?

The liquidations starts at roughly 47k.


Photo Credit: Material Scientist

Post image
6 people like this

the trend for Bitcoin has been down for some time , cash seemed to be flowing into ethereum , with dominance rising which made me smile. Whale action is what it is , Any excuse the whales get to drive up their coffers they take it.

Crypto is becoming more mainstream and I think those that trade on the old cycles will now fall foul of the volatility.

Regretably even though I’ve been in crypto a while I’ve not made my millions in the easier trading cycles !


@TraderEl In this cycle, ALTs and their power shocked me. The main issue is that if BTC has already achieved its top, it still has not reached the expected "fair value" price in this cycle, let alone crossed it and then consolidated. Which could indicate that the BTC story is drawing to a close. So, what do we have left? The ALTs and the "wild west"?

key area looks to be around 46k which must be another whale target for some more accumulation

ignoring the ATHs , the resilience of some ALTs is quite something this time round. BTC is losing its grip on the entire market …