Crypto Investing Week II
Last Week
Last week has been great for ETH and not so good for bitcoin. Quite the opposite of what I wanted to see :). The mixed strategy is down somewhat. The rest is still very close.
Prices and Funds
BTC = 10216$
ETH =190.74$
Strategy I: Full $
10018$
Strategy II: Full BTC
9823.45$
Strategy III: Mixed
9895.78$
Strategy IV: Mixed with Ethereum
9053.41$
Strategy
My analysis has become somewhat more bearish on bitcoin. The relative analysis between bitcoin and ETH remains unchanged
Strategy I: Full $ @ 7.18% annual interest
10018$
Strategy II: Full BTC @ 0.27% annual interest
9823.45$
Strategy III: Mixed 32.1% Bitcoin
9895.78$
Strategy IV: Mixed with Ethereum
Short ETH -117.9% @ 2.63% annual fees
Long BTC 138.5%
9053.41$
0
0
0.000
Do you think an alt season is incoming? (btc dominance going down again?)
Most people (even now after btc dominance went all up) sell their alts for btc..
So why are you bearish in Btc?
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I have not been bearish on btc that week, even though it would have been amazing.
I had only reduced btc exposure from 70% to 30% roughly.
I am bearish for the coming week.
Personally I don't think an altseason is coming yet. But my analysis is independant from what I think. It is just some statistical tools thrown onto the charts.
Steemleo is an investing hashtag.
You can access their interface by going to steempeak.com and looking for tribes.