Limestone Investment

At Limestone Investment Fund, we do not panic sell or -buy. We believe in the movement from a centralized era that is owned by large corporations and wealthy select-few individuals to a decentralized, fully autonomous era that allows anyone to contribute to and be a part of. Our mission is to deliver excellent long-term investment returns to our investors in the process.

Enjoy the ride.

Pluim

Amazon comes to crypto, partners with $AVAX and then announces an NFT initiative. Latter is not confirmed to be with Avalanch yet, so adding some exposure to $AVAX on the rumours.

Ethereum against bitcoin is continuing to grind lower. Some altcoins are having fun right now, but $BTC is on the verge of moving up to $25k. Moving 100% into the orange coin.  

An uptrend is taking shape in crypto again. It comes against the backdrop of weaking currencies, a more constructive macroeconomic environment and a growing drumbeat of progress in digital asset adoption. A brief breakdown:

The inflation rally seems to have topped out, likely the result of expectations that the central banks reverse course by mid-2023. It would take some fairly shocking inflation prints to force rates and the USD out of its current inflection state and back into what we've seen in the first half of 2022.

The sources of disruption from the Russia-Ukraine conflict have reached a state of choppy equillibirum. In the absence of new geopolitical developments, a reduction in volatility should result in stabelizing markets and higher asset prices.

US politics are likely to shift as well. In the event that Republicans manage to take back control of government, it would seem probable that they will reinstate lower taxes, higher stimulus and easier legislations.

Lastly, without much fanfare, crypto is racking up adoption milestones that would've fueled spectacular rallies in the 2021 crypto markets. Elon/Twitter is posting headlines and crypto seems to be viewed as a more positive force of technological innovation by the more traditional institutions.

With all of this going on, prices are essentially unchanged since mid-summer and do not yet reflect the shifting macroeconomic, political and micro/fundamental winds. Strong adoption narratives can lead to parabolic rallies, we've learned from the past. I will be putting more energy in trading the markets now that depression has hit its peak and disbelief will dominate the news.

Pluim

Allocating 20% of funds to bitcoin here. Coinbase is showing an extraordinary high fee on buying bitcoins, which could mean Blackrock is starting to facilitate buying on their platform. Seems a change in narrative is coming for the orange coin as Blackrock will make sure their first institutional clients will turn their first investments into profit. 

Blackrock Inc., worlds biggest asset manager is offering its first ever investment product directlyin $BTC , marking a significant move in into the world of crypto. 

Dramatic moves down. Given the ample liquidity during 2020/21 - people have not settled for a 2-3x, but wanted the 50-100x moves. This is what has led to $DOGE, $SHIB and NFTs rreturn to outperform projects with real use cases.

Ample liquidity leads to a gamble on returns and not the technology, and I was wrong to deny this in the past couple of months.

It wont be until liquidity is drained from the market that 'quality' projects we are invested in will prevail. This will be a healthy move for the market and will lead it to more maturity. Nevertheless it is hard to see our portfolio's tank. I'm convinced the markets will turn around, and liquidity wil flow into projects that actually matter.

For now, we hold.

Pluim

Allocating 10% to $ATOM , showing increased traction and user interaction on their chain as more apps join their ecosystem. Expecting further run-up, similar to $LUNA had.

Very volatile market conditions. We will be weathering the storm by performing regular rebalances.

Agressively rotating into L1's $XTZ and $ONE . Looking very good on the short-term. Dumping $SAND, $BTC and a little bit of $ETH.