After more than 1 year of amazing results, one more strategy is going public.
Meet Diversitas managed by “Anonymus” that outperformed BTC for more than 30% in the past year.
To learn how that is possible, we contacted the manager and performed the interview so you can get more insights on how best strategies are managed.
How do you see your performance – as luck or an educated guess? Why, tell us about your strategy?
If I need to choose between the two, I would say an educated guess. That being said, I believe that the most important thing for my success is the fact that I’m not a greedy trader. I always take small profits rather than wait and end up with a loss. I would also rather wait for a good trade instead of forcing one.
Furthermore, I’m measuring my gains in Bitcoin terms, and am not getting distracted by dollar or euro values. Therefore, my main objective with my strategy is outperforming Bitcoin – and so far I’m succeeding.
What trends in crypto do you see? What is changing, and especially what is different if you compare 2017 and 2020?
If in 2017 we were talking about whitepapers, prototypes, and disruptive ideas, now we are talking about real use cases and working products. The conversations we are having within the industry are totally different. The whole crypto community matured, people who were here for “moon and Lambos” are gone, while the ones that are still around, care about technology and want to change the world we live in. This is very nice to see and in my opinion, the only way to really push the adoption.
Where is your current focus? Bitcoin/Ether?
Definitely Bitcoin. However, that does not necessarily mean that Bitcoin is my biggest position at all times. I often enter other positions with a goal to maximize my Bitcoin holdings. At the moment, I’m heavily invested in Ethereum, which I believe will significantly outperform Bitcoin in the coming months due to its launch of ETH 2.0 and transition to PoS.
What was your first experience with crypto?
I came across Bitcoin in 2014, but unfortunately didn’t buy it. At that time, my understanding of it was very limited and as a student, I also didn’t have much money to “gamble with.” Later in 2016, when I was studying in South Korea, I met Tony Lyu, Yonsei Alumni, and the co-founder of Korbit, who introduced me to Bitcoin. A few days later I bought my first Bitcoin and became obsessed with the whole concept of cryptocurrencies and decentralization.
Which non-technical indicators are you looking at closely?
When it comes to non-technical indicators, social media attention, historical patterns, blockchain metrics, and upcoming announcements are some of the things I look at when rebalancing the strategy. Furthermore, I often analyze transactions on different blockchains. Exchange inflows/outflows help me understand what the whales are doing and in which direction the market will move.
How important is Crypto in your life, is it just a job or much more?
For me, crypto is more than just a job. I work within the industry, as well as spend most of my free time reading about crypto, trading, managing my strategy, etc. I’m basically involved with crypto from morning till dawn.
Are you following the Hedera Hashgraph project? What do you think about it?
They claim to be the next-generation blockchain, with 10,000+ transactions per second and extremely low transaction fees. Everything sounds nice and very promising until you take a look at their blockchain explorer and realize that very few people actually use their blockchain.
Since I believe that blockchain value is derived from its network usage and security, I don’t see this project as something extremely valuable at the moment. Not to mention its huge total supply and the fact that there is less than 10% of its coins currently in circulation.
Following up on the previous question, how important is the decentralization aspect in your eyes, since the Hedera Hashgraph is not fully decentralized?
Decentralization is very important and is the reason why I got involved with crypto in the first place. This is also the reason why I’m a big Bitcoin fan.
BTC vs. ETH, the “El Classico” question. Which do you feel will play the most important role for blockchain development in the future? Why?
In terms of blockchain development and innovation, I believe Ethereum will play a bigger role. The reason why is simple, there are more developers working on Ethereum than on Bitcoin. Therefore, I expect more innovation and development to come from Ethereum. Does that mean that people will switch from Bitcoin to Ethereum? I don’t think so. In my view, the two play two very different roles and will continue to do so in the future.
When trading, how do you control your emotions? We all heard about removing emotions from the equation, how did you achieve that?
Removing emotions is hard or even impossible. However, the thing that works for me is to always have a clear plan before entering the trade and follow it. In practice, this would mean setting sell orders and stop losses right after entering the trade.
If it’s not a secret, what page, platform, or resource is your GO-TO source to get fresh information about Crypto and make decisions about trading?
The resources I often use in order to get information about the market are Santiment, Cointelegraph, and Whale Alert together with private trading groups. When analyzing the charts and doing technical analysis, I usually use Tradingview.
Do Crypto News affect the way you trade or are you focusing more on daily charts and analysis?
Buying the rumor and selling the news is in most cases something you do when you trade altcoins. Since I mostly trade Bitcoin, I prefer charts and on-chain data.