Last Week
That was a desastrous week showing that we are still very fearfull and any FUD can crash the courses. We have been too optimistic and have to correct course. Overall we remain bullish, but once again reduce our exposure.
Prices and Funds
BTC = 22353.80 -> 20108.55
ETH = 1566.09 -> 1416.19
Starting Funds: 10000 (Sept 2019)
Strategy I: Full $
11424.80 -> 11428.28
Strategy II: Full BTC (HODL)
23896.25 -> 21496.07
Strategy III: My Analysis
57092.08 -> 52537.41
Strategy IV: My Analysis including Ethereum
83732.87 -> 78368.36
Strategy
We assume a relatively neutral stance with a slight bullishness. We significantly reduce our exposure from last week. We continue to short eth for a btc position.
Please note that this is not financial advice. I am just testing some statistical methods and documenting them here. Everyone has their own situation that prefers more or less risk. Everyone has their own goals. Without knowing these there is no way to find the right investment plan for YOU.
My strategies for the week are:
Strategy I: Full $ @ 1.43% annual interest
Strategy II: Full BTC @ 0.09% annual interest
Strategy III: My Analysis
Long Bitcoin 23.1% @ 0.09% annual interest
Strategy IV: My Analysis including Ethereum
Long Bitcoin 55.6% @ 0.09% annual interest
Short Ethereum 43.8% @ 3.37% annual interest