Crypto Investing Week 17

in bitcoin •  5 years ago 

Last Week

Finally we had some significant moves up. We can expect some more interesting weeks ahead now. Sadly we have been short, but only a bit so it is not too bad :)

this-week-in-crypto-newspaper-shutterstock-1360x700.jpg

Prices and Funds

BTC = 7179.43 -> 7916.64
ETH = 130.15 -> 139.05

Starting Funds: 10000

Strategy I: Full $
10154 -> 10162
Strategy II: Full BTC
7674.77 -> 8462.84
Strategy III: My Analysis
13176 -> 12889
Strategy IV: My Analysis including Ethereum
7922.55 -> 7669.04

Strategy

Finally the analysis is turning bullish and this even though defi rates have been rising to a very solid 5.89%.
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 $ @ 5.89% annual interest
Strategy II: Full BTC @ 0.86% annual interest
Strategy III: My Analysis
Long Bitcoin 61.5% @ 0.86% annual interest
Strategy IV: My Analysis including Ethereum
Long ETH 43.6% @ 0.02% annual interest
Long Bitcoin 20.5% @ 0.86% annual interest

Authors get paid when people like you upvote their post.
If you enjoyed what you read here, create your account today and start earning FREE STEEM!
Sort Order:  

"defi" that's a new terminology for me..and I thout that I'd be well informed :D

I use the rates from https://compound.finance/ and have tested their smart contracts. Seems quite good. But there are still may limitations to this. First they can update the code within a 3 day locktime. This means that if you have some significant money in there you need to constantly check if they upload malicious patches. Second there is the oracle problem that is not really solved in a fully satisfactory way.

I won't be sticking my head into this for now ;)

Hi @frdem3dot0!

Your post was upvoted by @steem-ua, new Steem dApp, using UserAuthority for algorithmic post curation!
Your UA account score is currently 3.634 which ranks you at #6085 across all Steem accounts.
Your rank has not changed in the last three days.

In our last Algorithmic Curation Round, consisting of 88 contributions, your post is ranked at #80.

Evaluation of your UA score:
  • You're on the right track, try to gather more followers.
  • Try to show your post to more followers, for example via networking on our discord!
  • Try to work on user engagement: the more people that interact with you via the comments, the higher your UA score!

Feel free to join our @steem-ua Discord server