sLOVEnia Crypto Strategy

Now that Rune lending has reopened there Is a lot of interest in it. All loans have 0% interest, no liquidations, and no expiration.

We saw similar mechanism at Luna, but this at Thorchain is much more complex and in my opinion much safer that things won't go wrong.

Opening new loans creates a deflationary effect on the $RUNE asset, whereas closing loans creates an inflationary effect on $RUNE.If the value of $RUNE relative to $BTC is the same when the loan is opened and closed, there is no net inflationary effect on $RUNE (same amount burned as minted minus the swap fee). However, if the value of the collateral asset increases relative to $RUNE between the time the loan is opened and closed, there will be net inflation of $RUNE supply.

I see huge potential in Thorchain so we will keep big % of rune in our strategy!

YesPeace

In the past week INJECTIVE made a lot of gains so I am rebalancing INJ back to TIA, that didn't made any gains in the past 7 days. (-6%).

Crypto market is in great position. Deposits in ETF are huge and in my opinion all BTC in ETF are in hands of long-term holders! Also BTC halving is getting closer and closer, that is very important event for BTC and whole crypto space! Inflation of BTC will be cut in half!

YesPeace

#Bitcoin today hit $50000 first time since 2021🚀📈

ETF effect kicked in! Inflows of money into ETF is rising. Outflows from GBTC is getting lower and lower every day!

There are interesting times In front of us.

I am aspecting this trend to continue. In ETF in my opinion are long-term holders and not traders! Numbers in ETF Will rise in future, that will move the price of BTC up significantly.

Money from BTC is going into alts.... So we all know what that means!

I am more bullish now that in the previous cycles!

YesPeace

Market finnaly started to move up agin. In last few weeks there was a lot of price manipulation so in that time in my experience is best to do nothing (no panic selling/rebalancing) macro os looking great, ETF is also making steps into the right direction, that's why I decided to go heavy in ALTs.

Plan is to slowly take some profits into BTC and ETH. Currently strategy is heavy in alts because we aspect that market in February will go up significantly.

Currently if we look back we can be really satisfied with our gains in 1y, 6 and 3 months time frames. In last correction we did not loose as much as we gain in the past. We still think, that now is the time to be 100% in the market and also to be, like I said several times already, be heavy in ALTs.

YesPeace