Crypto Investing Year 2 Week 12

in #bitcoinlast year

Last Week

We got nicely rejected just at the bitcoin all time high and are now establishing a new baseline. However, over the entire week the losses are not that big overall. In ethereum we even made small gains despite the huge drop at the end of the week.
this-week-in-crypto-newspaper-shutterstock-1360x700.jpg

Prices and Funds

BTC = 18235.74 -> 16986.96
ETH = 506.02 -> 512.91

Starting Funds: 10000

Strategy I: Full $
10611.44 -> 10620.52
Strategy II: Full BTC
19494.02 -> 18159.07
Strategy III: My Analysis
37253.11 -> 34702.29
Strategy IV: My Analysis including Ethereum
44534.53 -> 41485.13

Strategy

This weeks analysis was extremely interesting. The rejection could be the beginning of a longer downtrend or a brief correction in a sustained uptrend. So far our statistical analysis is favouring the second possibility and we remain bullish. The recent strength in ethereum also justified adding a medium eth allocation again.
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 test strategies for the week are:

Strategy I: Full $ @ 5.41% annual interest
Strategy II: Full BTC @ 0.06% annual interest
Strategy III: My Analysis
Long Bitcoin 100% @ 0.06% annual interest
Strategy IV: My Analysis including Ethereum
Long Bitcoin 65.3% @ 0.04% annual interest
Long Ethereum 34.7% @ 0.10% annual interest