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Hi all.

Sadly, our 60-70 Bn $ total market cap prediction came true. We have arrived at those levels, and the question is “what now”?

Well, the good news is that our “status” has changed to “bullish” again, meaning that we’ll be starting to look for the future investments. That doesn’t mean that we’re going to buy NOW, or next week. Catching a falling knife can be a disastrous bet sometimes, so we prefer to enter when waters calm a bit.

Looks like the August 1st event is FUD’ed to the max with no apparent reason. It’s pretty clear that a big % of miners is gonna sign for segwit2X and the process of fork will start there. Even with that, a supposed fork would not occur until September-October, so the shitshow will probably continue for some months.

All the worst predictions we made in may-june for summer have come true, and to be clear we didn’t act accordingly and that’s a failure. We should have put a bigger Fiat hedge position before summer, but that’s a past thing already. Funds are still in a very high annual levels, but they could have been better.

As said, the future plans for the coming days/weeks is to WAIT. We need a more clear environment and better charts to start investing again.

The good thing of all that, is that in the next investing round we’ll be able to enter in a much lower prices than some weeks ago.

 

Enjoy.

 

RETIREMENT FUND

ASSET/COIN QUANTITY VALUE (BTC) VALUE (USD) DISTRIBUTION (%)
Maidsafecoin (MAID)

25,452.465

3.164

$5,974.31

3.16

Gamecredits (GAME)

22,253.505

14.732

$27,818.71

14.72

Factom (FCT)

525.67875

3.471

$6,554.45

3.47

Siacoin (SC)

4,152,770

12.8736

$24,310.10

12.86

Decred (DCR)

453.22

4.6438

$8,769.29

4.64

Komodo (KMD)

19,056.20

7.539966654

$14,238.25

7.53

Lisk (LSK)

5,071.42

3.585240369

$6,770.26

3.58

US Dollar (USD)

94,570

50.08022792

$94,570.00

50.04

 

BTC USD
NAV (Net asset Value)

38.884

189,005.37

Shares outstanding

15,000

Price Share

0.00259225

12.600

 

Year %
2017 Performance

1160.04%

 

DYNAMIC FUND

ASSET/COIN QUANTITY VALUE (BTC) VALUE (USD) DISTRIBUTION (%)
Gamecredits (GAME)

41,952.55

27.77216857

$52,444.13

20.40

Siacoin (SC)

10,341,309

32.058

$60,537.47

23.55

Decred (DCR)

791.48

8.110

$15,314.24

5.96

US Dollar (USD)

128,790

68.20167658

$128,790.00

50.10

 

BTC USD
NAV (Net asset Value)

136.142

257,085.84

Shares outstanding

10,000

Price Share

0.01361417

25.709

 

Year %
2017 Performance

2470.86%

 

EXTREME FUND

ASSET/COIN QUANTITY VALUE (BTC) VALUE (USD) DISTRIBUTION (%)
Florincoin (FLO)

803,983.00

13.90086607

$26,249.98

8.50

Darcrus (DAR)

38,123.55

3.4311195

$6,479.22

2.10

Ubiq (UBQ)

45,686.75

16.37869988

$30,929.05

10.02

Waves (WAVES)

62,121

67.339164

$127,161.26

41.20

Guppy (GUP)

157,812

10.099968

$19,072.48

6.18

Wings (WINGS)

137,034.45

17.91588399

$33,831.82

10.96

US Dollar (USD)

64,920

34.37885584

$64,920.00

21.03

 

BTC USD
NAV (Net asset Value)

163.445

308,643.80

Shares outstanding

5,000

Price Share

0.03268891

61.729

 

Year %
2017 Performance

6072.88%

 


Hi all.

The short term bearish trend continues, specially in altcoins. BTC is holding well through the 2500$ zone, but altcoins have started a somehow serious correction. In most altcoins, there’s a volume problem (low volumes) (illiquid orderbooks) and that is making it’s prices drop. Classic summer performance: there aren’t many sells, but there are almost no buys from big investors. That results in a slow continuous drop with low volumes. Nothing to worry about.

Nothing has changed since last week. Our long term vision keeps intact.

Enjoy and take some vacation from the markets. There’s not much to see right now.

 

RETIREMENT FUND

ASSET/COIN QUANTITY VALUE (BTC) VALUE (USD) DISTRIBUTION (%)
Maidsafecoin (MAID) 25,452.465 4.460 $11,272.85 4.17
Gamecredits (GAME) 22,253.505 21.563 $54,498.97 20.15
Factom (FCT) 525.67875 4.781 $12,083.55 4.47
Siacoin (SC) 4,152,770 17.2755 $43,661.81 16.14
Decred (DCR) 453.22 6.3673 $16,092.53 5.95
Komodo (KMD) 19,056.20 10.74521949 $27,157.25 10.04
Lisk (LSK) 5,071.42 4.403209701 $11,128.58 4.11
US Dollar (USD) 94,570 37.41819592 $94,570.00 34.97
BTC USD
NAV (Net asset Value) 54.448 270,465.55
Shares outstanding 15,000
Price Share 0.00362984 18.031
Year %
2017 Performance 1703.10%

 

DYNAMIC FUND

ASSET/COIN QUANTITY VALUE (BTC) VALUE (USD) DISTRIBUTION (%)
Gamecredits (GAME) 41,952.55 40.65160142 $102,742.04 27.89
Siacoin (SC) 10,341,309 43.020 $108,727.50 29.52
Decred (DCR) 791.48 11.119 $28,103.17 7.63
US Dollar (USD) 128,790 50.95790898 $128,790.00 34.96
BTC USD
NAV (Net asset Value) 145.749 368,362.71
Shares outstanding 10,000
Price Share 0.01457488 36.836
Year %
2017 Performance 3583.63%

 

EXTREME FUND

ASSET/COIN QUANTITY VALUE (BTC) VALUE (USD) DISTRIBUTION (%)
Florincoin (FLO) 803,983.00 21.11259358 $53,359.55 10.21
Darcrus (DAR) 38,123.55 4.726938965 $11,946.77 2.29
Ubiq (UBQ) 45,686.75 26.03824943 $65,808.55 12.60
Waves (WAVES) 62,121 95.54023437 $241,466.48 46.22
Guppy (GUP) 157,812 11.34037032 $28,661.43 5.49
Wings (WINGS) 137,034.45 22.28180157 $56,314.58 10.78
US Dollar (USD) 64,920 25.68667949 $64,920.00 12.43
BTC USD
NAV (Net asset Value) 206.727 522,477.35
Shares outstanding 5,000
Price Share 0.04134537 104.495
Year %
2017 Performance 10349.55%

 

 

 

 

 

 

 

 

 

 


Hi all.

Welcome to the summer, welcome to the taking profits scenario. After 2 weeks of constant selling almost everywhere, we can say that a little bear session/correction has arrived. Obvious question that everyone wants to know is if this is the start of a long correction aka “bubble pop” or is just a normal correction inside of a tremendous bullish market.

First of all, let’s make a short term analysis of the situation (1-2 motnhs):

  1. The BTC drama looks like will not stop in 1st Most recent news indicate that miners & notorious well known people will sign for Segwit2X by the end of July. That version still will be compatible with the core/blockstream proposed version and the definitive hardfork and split of BTC would happen (if it happens) in October-November. So that discussion is not ending this summer, and we could say that it shouldn’t make any crazy affect on BTC prices after all.
  2. From a technical perspective, it looks like BTC & therefore altcoins (since now they are very correlated) could perfectly retrace to 1600-1900$ BTC level or 60-75 B total market cap level, stabilize there a bit and then up again. There are no signs of this correction going deeper of those levels.

From a long term perspective:

  1. When the BTC scaling drama ends in October-November, no matter what is the result, we’ll have 1 or 2 “scalable” versions of BTC (I say “scalable” because I don’t consider that putting 95% of transactions offchain is an acceptable way to scale a P2P network, but who cares XD). That “scalable” and “super improved” version of BTC will surely generate A LOT of interest and marketing outside, so end of 2017 and all 2018 would look mega-bullish again for the sector.

 

 

So the conclusion is very easy to apply, we get some $ positions as a hedge of a possible short term correction (already done, a bit late, our fault), but our long term vision keeps absolutely bullish. For BTC, and for altcoins. All altcoins in our portfolios have a lot of stuff coming in the next months and there’s no objective reason to worry about.

 

Take care and relax, road to the moon aka financial freedom is not so easy. 🙂

RETIREMENT FUND

ASSET/COIN QUANTITY VALUE (BTC) VALUE (USD) DISTRIBUTION (%)
Maidsafecoin (MAID)

25,452.465

4.523

$11,234.21

3.89

Gamecredits (GAME)

22,253.505

26.027

$64,643.60

22.40

Factom (FCT)

525.67875

4.883

$12,127.22

4.20

Siacoin (SC)

4,152,770

21.1376

$52,499.67

18.19

Decred (DCR)

453.22

5.3457

$13,277.27

4.60

Komodo (KMD)

19,056.20

11.1654087

$27,731.64

9.61

Lisk (LSK)

5,071.42

5.05620574

$12,558.15

4.35

US Dollar (USD)

94,570

38.07610389

$94,570.00

32.76

 

BTC USD
NAV (Net asset Value)

61.916

288,641.75

Shares outstanding

15,000

Price Share

0.00412775

19.243

 

Year %
2017 Performance

1824.28%

 

DYNAMIC FUND

ASSET/COIN QUANTITY VALUE (BTC) VALUE (USD) DISTRIBUTION (%)
Gamecredits (GAME)

41,952.55

49.0664439

$121,866.82

30.12

Siacoin (SC)

10,341,309

52.637

$130,735.70

32.31

Decred (DCR)

791.48

9.336

$23,186.73

5.73

US Dollar (USD)

128,790

51.85387988

$128,790.00

31.83

 

BTC USD
NAV (Net asset Value)

162.893

404,579.24

Shares outstanding

10,000

Price Share

0.01628931

40.458

 

Year %
2017 Performance

3945.79%

 

EXTREME FUND

ASSET/COIN QUANTITY VALUE (BTC) VALUE (USD) DISTRIBUTION (%)
Florincoin (FLO)

803,983.00

22.68036043

$56,331.44

11.05

Darcrus (DAR)

38,123.55

5.393719854

$13,396.44

2.63

Ubiq (UBQ)

45,686.75

26.38364126

$65,529.31

12.86

Waves (WAVES)

62,121

90.07420758

$223,718.21

43.90

Guppy (GUP)

157,812

13.28619228

$32,999.05

6.48

Wings (WINGS)

137,034.45

21.20334045

$52,662.95

10.34

US Dollar (USD)

64,920

26.13831728

$64,920.00

12.74

 

BTC USD
NAV (Net asset Value)

205.160

509,557.40

Shares outstanding

5,000

Price Share

0.04103196

101.911

 

Year %
2017 Performance

10091.15%

 


Hi all.

 

As a result of the tremendous uncertainly in the markets lately, and some big dumps that could mean the start of a short-term correction phase, we have decided to hedge our portfolios a bit until things clarify. We’ll be passing all our “blue chips” positions (BTC, ETH) to Fiat, in order to reduce the exposure and the risk of the funds. For now we’ll be keeping all the mid cap positions since getting in & out of them could be a big issue. We have a lot of confidence in those bets.

 

Enjoy

 

 

RETIREMENT FUND

 

Before

 

ASSET/COIN QUANTITY VALUE (BTC) VALUE (USD) DISTRIBUTION (%)
Maidsafecoin (MAID)

25,452.465

4.785

$12,146.48

3.68

Gamecredits (GAME)

22,253.505

33.607

$85,314.23

25.86

Factom (FCT)

525.67875

5.325

$13,518.65

4.10

Siacoin (SC)

4,152,770

24.4183

$61,987.04

18.79

Decred (DCR)

453.22

5.9508

$15,106.36

4.58

Bitcoin (BTC)

8.219

8.219

$20,864.34

6.32

Ethereum (ETH)

166.198

19.3953066

$49,235.96

14.92

Komodo (KMD)

19,056.20

13.33972112

$33,863.55

10.26

Lisk (LSK)

5,071.42

5.2996339

$13,453.39

4.08

US Dollar (USD)

24,480

9.643300309

$24,480.00

7.42

 

BTC USD
NAV (Net asset Value)

101.701

329,969.99

Shares outstanding

15,000

Price Share

0.00678007

21.998

 

After

 

ASSET/COIN QUANTITY VALUE (BTC) VALUE (USD) DISTRIBUTION (%)
Maidsafecoin (MAID)

25,452.465

4.785

$12,146.48

3.68

Gamecredits (GAME)

22,253.505

33.607

$85,314.23

25.86

Factom (FCT)

525.67875

5.325

$13,518.65

4.10

Siacoin (SC)

4,152,770

24.4183

$61,987.04

18.79

Decred (DCR)

453.22

5.9508

$15,106.36

4.58

Komodo (KMD)

19,056.20

13.33972112

$33,863.55

10.26

Lisk (LSK)

5,071.42

5.2996339

$13,453.39

4.08

US Dollar (USD)

94,570

37.25355026

$94,570.00

28.66

 

BTC USD
NAV (Net asset Value)

74.087

329,959.69

Shares outstanding

15,000

Price Share

0.00493911

21.997

 

Rebalancing aproxx prices:

 

 

ETH/BTC = 0.1167000

 

BTC/USD = 2540 $

 

 

 

DYNAMIC FUND

 

Before

 

ASSET/COIN QUANTITY VALUE (BTC) VALUE (USD) DISTRIBUTION (%)
Gamecredits (GAME)

41,952.55

63.35716054

$160,835.32

34.19

Siacoin (SC)

10,341,309

60.807

$154,361.35

32.82

Decred (DCR)

791.48

10.392

$26,380.97

5.61

Ethereum (ETH)

128.57

15.004119

$38,088.71

8.10

Bitcoin (BTC)

22.876

22.876

$58,071.87

12.35

US Dollar (USD)

32,640

12.85773375

$32,640.00

6.94

 

BTC USD
NAV (Net asset Value)

185.294

470,378.21

Shares outstanding

10,000

Price Share

0.01852941

47.038

 

After

 

ASSET/COIN QUANTITY VALUE (BTC) VALUE (USD) DISTRIBUTION (%)
Gamecredits (GAME)

41,952.55

63.35716054

$160,835.32

34.19

Siacoin (SC)

10,341,309

60.807

$154,361.35

32.82

Decred (DCR)

791.48

10.392

$26,380.97

5.61

US Dollar (USD)

128,790

50.73368655

$128,790.00

27.38

 

BTC USD
NAV (Net asset Value)

185.290

470,367.64

Shares outstanding

10,000

Price Share

0.01852899

47.037

 

 

Rebalancing aproxx prices:

 

 

ETH/BTC = 0.1167000

 

BTC/USD = 2540 $

 

 

EXTREME FUND

 

Before

 

ASSET/COIN QUANTITY VALUE (BTC) VALUE (USD) DISTRIBUTION (%)
Florincoin (FLO)

803,983.00

26.59575764

$67,514.66

11.41

Darcrus (DAR)

38,123.55

6.254549613

$15,877.49

2.68

Ubiq (UBQ)

45,686.75

30.23229308

$76,746.19

12.97

Bitcoin (BTC)

25.576

25.576

$64,925.95

10.97

Waves (WAVES)

62,121

100.1340823

$254,195.37

42.95

Guppy (GUP)

157,812

18.62339412

$47,276.42

7.99

Wings (WINGS)

137,034.45

25.72410695

$65,301.93

11.03

 

BTC USD
NAV (Net asset Value)

233.140

591,838.01

Shares outstanding

5,000

Price Share

0.04662804

118.368

 

After

ASSET/COIN QUANTITY VALUE (BTC) VALUE (USD) DISTRIBUTION (%)
Florincoin (FLO)

803,983.00

26.59575764

$67,514.66

11.41

Darcrus (DAR)

38,123.55

6.254549613

$15,877.49

2.68

Ubiq (UBQ)

45,686.75

30.23229308

$76,746.19

12.97

Waves (WAVES)

62,121

100.1340823

$254,195.37

42.95

Guppy (GUP)

157,812

18.62339412

$47,276.42

7.99

Wings (WINGS)

137,034.45

25.72410695

$65,301.93

11.03

US Dollar (USD)

64,920

25.57365425

$64,920.00

10.97

 

BTC USD
NAV (Net asset Value)

233.138

591,832.06

Shares outstanding

5,000

Price Share

0.04662757

118.366

 

 

Rebalancing aproxx prices:

 

 

BTC/USD = 2540 $


Hi all.

 

Finally Antshares (ANS) got the pump we were waiting for. We take advantage of the high volume conditions to sell all the ANS positions in Retirement & Dynamic funds. For now, we’re gonna keep these positions in cash (USD).

 

Enjoy

 

 

RETIREMENT FUND

 

Before

 

ASSET/COIN QUANTITY VALUE (BTC) VALUE (USD) DISTRIBUTION (%)
Maidsafecoin (MAID)

25,452.465

4.975

$12,487.74

3.52

Gamecredits (GAME)

22,253.505

30.836

$77,399.51

21.81

Antshares (ANS)

3,826.530

9.754

$24,482.10

6.90

Factom (FCT)

525.67875

7.254

$18,208.46

5.13

Siacoin (SC)

4,152,770

25.9963

$65,250.81

18.38

Decred (DCR)

453.22

7.2619

$18,227.31

5.14

Bitcoin (BTC)

8.219

8.219

$20,629.69

5.81

Ethereum (ETH)

166.198

23.31425544

$58,518.78

16.49

Komodo (KMD)

19,056.20

17.341142

$43,526.27

12.26

Lisk (LSK)

5,071.42

6.451606953

$16,193.53

4.56

 

BTC USD
NAV (Net asset Value)

117.611

354,924.20

Shares outstanding

15,000

Price Share

0.00784075

23.662

 

After

 

ASSET/COIN QUANTITY VALUE (BTC) VALUE (USD) DISTRIBUTION (%)
Maidsafecoin (MAID)

25,452.465

4.975

$12,487.74

3.52

Gamecredits (GAME)

22,253.505

30.836

$77,399.51

21.81

Factom (FCT)

525.67875

7.254

$18,208.46

5.13

Siacoin (SC)

4,152,770

25.9963

$65,250.81

18.38

Decred (DCR)

453.22

7.2619

$18,227.31

5.14

Bitcoin (BTC)

8.219

8.219

$20,629.69

5.81

Ethereum (ETH)

166.198

23.31425544

$58,518.78

16.49

Komodo (KMD)

19,056.20

17.341142

$43,526.27

12.26

Lisk (LSK)

5,071.42

6.451606953

$16,193.53

4.56

US Dollar (USD)

24,480

9.752988048

$24,480.00

6.90

 

BTC USD
NAV (Net asset Value)

107.857

354,922.10

Shares outstanding

15,000

Price Share

0.00719050

23.661

 

Rebalancing aproxx prices:

 

 

ANS/BTC = 0.00250000

 

 

 

DYNAMIC FUND

 

Before

 

ASSET/COIN QUANTITY VALUE (BTC) VALUE (USD) DISTRIBUTION (%)
Antshares (ANS)

5,102.04

13.00509996

$32,642.80

6.86

Gamecredits (GAME)

41,952.55

58.13322901

$145,914.40

30.68

Siacoin (SC)

10,341,309

64.737

$162,488.85

34.17

Decred (DCR)

791.48

12.682

$31,831.23

6.69

Ethereum (ETH)

128.57

18.0357996

$45,269.86

9.52

Bitcoin (BTC)

22.876

22.876

$57,418.76

12.07

 

BTC USD
NAV (Net asset Value)

189.468

475,565.91

Shares outstanding

10,000

Price Share

0.01894685

47.557

 

 

After

ASSET/COIN QUANTITY VALUE (BTC) VALUE (USD) DISTRIBUTION (%)
Gamecredits (GAME)

41,952.55

58.13322901

$145,914.40

30.68

Siacoin (SC)

10,341,309

64.737

$162,488.85

34.17

Decred (DCR)

791.48

12.682

$31,831.23

6.69

Ethereum (ETH)

128.57

18.0357996

$45,269.86

9.52

Bitcoin (BTC)

22.876

22.876

$57,418.76

12.07

US Dollar (USD)

32,640

13.00398406

$32,640.00

6.86

 

BTC USD
NAV (Net asset Value)

189.467

475,563.10

Shares outstanding

10,000

Price Share

0.01894674

47.556

 

 

Rebalancing aproxx prices:

 

 

ANS/BTC = 0.00250000

 

 

 

 


Hi all.

Another week without much movement in the markets or the portfolios. There was a big BTC sell-off this week produced by the increasing possibility of BTC splitting in 2 this august. Right now, this looks like the biggest risk.

We’ll have to be aware of how the BTC debate evolves until august. If the probabilities of BTC split increase, we’ll start reducing some positions of the portfolios and increasing the FIAT position, to avoid the possible general sell off in the markets if this happens.

For now, we don’t have enough info to make this decision. We can only wait for news now.

Enjoy.

 

RETIREMENT FUND

ASSET/COIN QUANTITY VALUE (BTC) VALUE (USD) DISTRIBUTION (%)
Maidsafecoin (MAID)

25,452.465

4.951

$12,336.71

3.69

Gamecredits (GAME)

22,253.505

30.733

$76,585.79

22.90

Antshares (ANS)

3,826.530

5.187

$12,926.09

3.86

Factom (FCT)

525.67875

6.413

$15,981.96

4.78

Siacoin (SC)

4,152,770

26.9930

$67,266.84

20.11

Decred (DCR)

453.22

5.9470

$14,820.01

4.43

Bitcoin (BTC)

8.219

8.219

$20,481.83

6.12

Ethereum (ETH)

166.198

23.62405682

$58,871.39

17.60

Komodo (KMD)

19,056.20

16.102489

$40,127.56

12.00

Lisk (LSK)

5,071.42

6.04259693

$15,058.21

4.50

 

BTC USD
NAV (Net asset Value)

112.066

334,456.39

Shares outstanding

15,000

Price Share

0.00747109

22.297

 

Year %
2017 Performance

2129.71%

 

DYNAMIC FUND

ASSET/COIN QUANTITY VALUE (BTC) VALUE (USD) DISTRIBUTION (%)
Antshares (ANS)

5,102.04

6.916019302

$17,234.79

3.77

Gamecredits (GAME)

41,952.55

57.9373106

$144,380.36

31.55

Siacoin (SC)

10,341,309

67.219

$167,509.20

36.61

Decred (DCR)

791.48

10.386

$25,880.91

5.66

Ethereum (ETH)

128.57

18.27546051

$45,542.63

9.95

Bitcoin (BTC)

22.876

22.876

$57,007.22

12.46

 

BTC USD
NAV (Net asset Value)

183.609

457,555.10

Shares outstanding

10,000

Price Share

0.01836089

45.756

 

Year %
2017 Performance

4475.55%

 

EXTREME FUND

ASSET/COIN QUANTITY VALUE (BTC) VALUE (USD) DISTRIBUTION (%)
Florincoin (FLO)

803,983.00

33.94416226

$84,589.19

11.56

Darcrus (DAR)

38,123.55

6.74786835

$16,815.76

2.30

Ubiq (UBQ)

45,686.75

42.00165675

$104,668.55

14.31

Bitcoin (BTC)

25.576

25.576

$63,735.65

8.71

Waves (WAVES)

62,121

130.0465862

$324,077.39

44.30

Guppy (GUP)

157,812

21.9516492

$54,703.73

7.48

Wings (WINGS)

137,034.45

33.29937135

$82,982.37

11.34

 

BTC USD
NAV (Net asset Value)

293.567

731,572.63

Shares outstanding

5,000

Price Share

0.05871346

146.315

 

Year %
2017 Performance

14531.45%

 


 

Hi all.

It has been a quite relaxing week. Not many movements, not many fundamental changes since last week. The situation is the same, and so are our visions and future movements. For more info about this read past week weekly report.

Enjoy.

 

RETIREMENT FUND

ASSET/COIN QUANTITY VALUE (BTC) VALUE (USD) DISTRIBUTION (%)
Maidsafecoin (MAID)

25,452.465

4.771

$13,814.00

4.03

Gamecredits (GAME)

22,253.505

33.504

$97,005.79

28.29

Antshares (ANS)

3,826.530

2.067

$5,984.99

1.75

Factom (FCT)

525.67875

5.351

$15,494.31

4.52

Siacoin (SC)

4,152,770

21.4283

$62,042.84

18.10

Decred (DCR)

453.22

6.7077

$19,421.19

5.66

Bitcoin (BTC)

8.219

8.219

$23,797.05

6.94

Ethereum (ETH)

166.198

18.89671426

$54,712.98

15.96

Komodo (KMD)

19,056.20

11.01619866

$31,895.97

9.30

Lisk (LSK)

5,071.42

6.452976236

$18,683.75

5.45

 

BTC USD
NAV (Net asset Value)

100.945

342,852.87

Shares outstanding

15,000

Price Share

0.00672967

22.857

 

Year %
2017 Performance

2185.69%

 

DYNAMIC FUND

ASSET/COIN QUANTITY VALUE (BTC) VALUE (USD) DISTRIBUTION (%)
Antshares (ANS)

5,102.04

2.756122008

$7,979.99

1.64

Gamecredits (GAME)

41,952.55

63.16166165

$182,876.38

37.49

Siacoin (SC)

10,341,309

53.361

$154,500.29

31.67

Decred (DCR)

791.48

11.714

$33,916.15

6.95

Ethereum (ETH)

128.57

14.61841029

$42,325.71

8.68

Bitcoin (BTC)

22.876

22.876

$66,234.48

13.58

 

BTC USD
NAV (Net asset Value)

168.487

487,833.00

Shares outstanding

10,000

Price Share

0.01684873

48.783

 

Year %
2017 Performance

4778.33%

 

EXTREME FUND

ASSET/COIN QUANTITY VALUE (BTC) VALUE (USD) DISTRIBUTION (%)
Florincoin (FLO)

803,983.00

28.3002016

$81,939.55

9.89

Darcrus (DAR)

38,123.55

6.936579923

$20,083.97

2.42

Ubiq (UBQ)

45,686.75

35.07006304

$101,540.81

12.25

Bitcoin (BTC)

25.576

25.576

$74,051.98

8.94

Waves (WAVES)

62,121

129.4657549

$374,851.26

45.23

Guppy (GUP)

157,812

25.24992

$73,107.86

8.82

Wings (WINGS)

137,034.45

35.63169769

$103,166.95

12.45

 

BTC USD
NAV (Net asset Value)

286.230

828,742.38

Shares outstanding

5,000

Price Share

0.05724604

165.748

 

Year %
2017 Performance

16474.85%

 


Hi all.

After the general dump last week, we just had another rising week that has put BMC funds into historical maximum levels. It has been a nice week for the BMC mid-cap babies like GAME, WAVES & SC and this has helped us to achieve and surpass the magic X100 or 10,000% performance mark in Extreme Fund.

There’s nothing much to comment. Solid bearish signs still don’t appear in the BTC market nor in the Altcoins markets. Then, right now we just have to keep riding the rally and holding the coins.

Even with that, we have to be aware of the possible bearish factors that can come in the summer. In my opinion, there are 3 main bearish factors that could result in a multi weekly correction:

  1. Risks of BTC UASF: Situation in BTC community is getting uglier every day. BTC could split by August. In general this should be good news for altcoins and specially for ETH, by amplifying it’s dominance in the sector. Even so, I don’t think a split in BTC would have a short term positive effect in the price, and this would end to make altcoins prices drop too in terms of $. In any case, BTC split is not good for anyone and it’s a risky factor for our funds performances.

 

  1. Institutional money/whales going holidays: Already commented last week. Traditionally July & August months are not bullish months.

 

  1. Altcoins and shitcoins very pumped up. Since March the rallies have been massive, overcoming in most cases X10-X20 pumps. Another added risk.

 

In conclusion, we keep holding coins, but depending how things advance it’s possible that we will hedge our funds a bit for the summer with $ positions, mitigating the possible summer correction if it finally happens. Next week the situation should be clearer than now.

Enjoy 🙂

 

RETIREMENT FUND

ASSET/COIN QUANTITY VALUE (BTC) VALUE (USD) DISTRIBUTION (%)
Maidsafecoin (MAID)

25,452.465

4.258

$10,757.66

3.70

Gamecredits (GAME)

22,253.505

41.991

$106,078.44

36.44

Antshares (ANS)

3,826.530

1.822

$4,601.76

1.58

Factom (FCT)

525.67875

3.611

$9,123.08

3.13

Siacoin (SC)

4,152,770

23.8369

$60,216.54

20.69

Decred (DCR)

453.22

5.3525

$13,521.50

4.64

Bitcoin (BTC)

8.219

8.219

$20,762.76

7.13

Ethereum (ETH)

166.198

16.21610506

$40,964.96

14.07

Komodo (KMD)

19,056.20

7.12034913

$17,987.35

6.18

Lisk (LSK)

5,071.42

2.804596688

$7,084.94

2.43

 

BTC USD
NAV (Net asset Value)

105.307

291,098.99

Shares outstanding

15,000

Price Share

0.00702050

19.407

 

Year %
2017 Performance

1840.66%

 

DYNAMIC FUND

ASSET/COIN QUANTITY VALUE (BTC) VALUE (USD) DISTRIBUTION (%)
Antshares (ANS)

5,102.04

2.428826142

$6,135.68

1.31

Gamecredits (GAME)

41,952.55

79.16278375

$199,980.23

42.63

Siacoin (SC)

10,341,309

59.359

$149,952.40

31.96

Decred (DCR)

791.48

9.347

$23,613.25

5.03

Ethereum (ETH)

128.57

12.54470347

$31,690.30

6.75

Bitcoin (BTC)

22.876

22.876

$57,789.12

12.32

 

BTC USD
NAV (Net asset Value)

185.719

469,160.99

Shares outstanding

10,000

Price Share

0.01857188

46.916

 

Year %
2017 Performance

4591.61%

 

EXTREME FUND

ASSET/COIN QUANTITY VALUE (BTC) VALUE (USD) DISTRIBUTION (%)
Florincoin (FLO)

803,983.00

26.63595679

$67,287.49

10.04

Darcrus (DAR)

38,123.55

7.796265975

$19,694.85

2.94

Ubiq (UBQ)

45,686.75

30.55986708

$77,200.03

11.52

Bitcoin (BTC)

25.576

25.576

$64,609.84

9.64

Waves (WAVES)

62,121

123.248064

$311,348.03

46.44

Guppy (GUP)

157,812

20.37510732

$51,471.39

7.68

Wings (WINGS)

137,034.45

31.19863323

$78,813.68

11.76

 

BTC USD
NAV (Net asset Value)

265.390

670,425.30

Shares outstanding

5,000

Price Share

0.05307798

134.085

 

Year %
2017 Performance

13308.51%

 


Hi all.

 

We do just a little rebalancing in Extreme Fund by adding Wings (WINGS) with a 10% position coming from BTC position. Let’s push Extreme Fund EVEN HIGHER with the help of Wings!!

 

Enjoy. 🙂

 

 

EXTREME FUND

 

Before

 

ASSET/COIN QUANTITY VALUE (BTC) VALUE (USD) DISTRIBUTION (%)
Florincoin (FLO)

803,983.00

23.85417561

$56,711.63

12.00

Darcrus (DAR)

38,123.55

4.900401117

$11,650.36

2.47

Ubiq (UBQ)

45,686.75

17.54142766

$41,703.52

8.82

Bitcoin (BTC)

45.45

45.45

$108,054.19

22.87

Waves (WAVES)

62,121

91.069386

$216,511.09

45.82

Guppy (GUP)

157,812

15.95794944

$37,938.91

8.03

 

BTC USD
NAV (Net asset Value)

198.773

472,569.70

Shares outstanding

5,000

Price Share

0.03975467

94.514

 

After

 

ASSET/COIN QUANTITY VALUE (BTC) VALUE (USD) DISTRIBUTION (%)
Florincoin (FLO)

803,983.00

23.85417561

$56,711.63

11.98

Darcrus (DAR)

38,123.55

4.900401117

$11,650.36

2.46

Ubiq (UBQ)

45,686.75

17.54142766

$41,703.52

8.81

Bitcoin (BTC)

25.576

25.576

$60,805.15

12.84

Waves (WAVES)

62,121

91.069386

$216,511.09

45.73

Guppy (GUP)

157,812

15.95794944

$37,938.91

8.01

Wings (WINGS)

137,034.45

20.25369171

$48,151.73

10.17

 

BTC USD
NAV (Net asset Value)

199.153

473,472.39

Shares outstanding

5,000

Price Share

0.03983061

94.694

 

 

Rebalancing aproxx prices:

 

 

WINGS/BTC = 0.00014500

 


Hi all.

And the bears finally appeared. BTC started the week climbing again non-stop with an unsustainable growth and finally came the correction. Of course, the correction movement was as intense as the previous climb. BTC price of last 4 days has been a crazy rollercoaster, and altcoins price even more.

Let’s leave the past and go to the important issue here: the future.

First of all, if BTC doesn’t close with a solid candle below the 1600$ mark, we keep in a mega-bullish scenario for the coming months. Frankly, doesn’t look like it’s going to happen.

Second. In a normal situation, we would say that the BTC possible fall/stabilization now opens a new wisdom for altcoins grow. Nevertheless, we have seen how the old BTC/ALTCOINS correlation has recently passed from almost -1 to a positive sign (altcoins & BTC grow and fall at the same time). Then, this theory is not so clear as it was, for example, in march.

Third, we need to consider the usual drop in institutional money invested by summer. Usually institutional money “goes on vacation” by july & august, and historically BTC has always followed this pattern in these months too (usually negative-stabilization periods).

If we sum it all, we will have a probable general stabilization period for the next 2-3 months, to make another run up in the Q3-Q4 of the year. It can fall further than current levels, but as stated before, as long as BTC 1600$ level resists there’s absolutely nothing to worry about. In the coming days when price stabilizes a bit we’ll see if this theory makes sense or again crypto will surprise everyone in the room, but it’s difficult to see a bullish July-August months, even more with the extreme rises we just saw.

In conclusion, we don’t plan to touch anything in BMC funds if the situation keeps controlled. Maybe little rebalancings from a coin to another, but nothing relevant. It’s time to look at the bigger picture, and start to realize that this sector is really taking off, at least in the institutional investing level. The opportunity cost of staying out of the markets is just too big. This is a train that may not pass again for the next 20-30 years, and we’ll ride it until the end.

Risk is losing a bit, potential benefit is living your dreams for the rest of your life. Risk/reward of this sector is an absolute no brainer. 

Enjoy. 🙂

 

RETIREMENT FUND

ASSET/COIN QUANTITY VALUE (BTC) VALUE (USD) DISTRIBUTION (%)
Maidsafecoin (MAID)

25,452.465

4.105

$8,845.95

5.40

Gamecredits (GAME)

22,253.505

23.044

$49,654.14

30.30

Antshares (ANS)

3,826.530

1.454

$3,133.17

1.91

Factom (FCT)

525.67875

3.017

$6,500.73

3.97

Siacoin (SC)

4,152,770

12.7075

$27,382.07

16.71

Decred (DCR)

453.22

4.2603

$9,180.03

5.60

Bitcoin (BTC)

8.219

8.219

$17,710.30

10.81

Ethereum (ETH)

166.198

12.81935366

$27,623.14

16.86

Komodo (KMD)

19,056.20

4.036674846

$8,698.23

5.31

Lisk (LSK)

5,071.42

2.3835674

$5,136.11

3.13

 

BTC USD
NAV (Net asset Value)

69.626

163,863.87

Shares outstanding

15,000

Price Share

0.00464172

10.924

 

Year %
2017 Performance

992.43%

 

DYNAMIC FUND

ASSET/COIN QUANTITY VALUE (BTC) VALUE (USD) DISTRIBUTION (%)
Antshares (ANS)

5,102.04

1.93872418

$4,177.56

1.65

Gamecredits (GAME)

41,952.55

43.44186553

$93,608.53

37.05

Siacoin (SC)

10,341,309

31.644

$68,187.37

26.99

Decred (DCR)

791.48

7.440

$16,031.52

6.34

Ethereum (ETH)

128.57

9.916992381

$21,369.14

8.46

Bitcoin (BTC)

22.876

22.876

$49,293.20

19.51

 

BTC USD
NAV (Net asset Value)

117.258

252,667.32

Shares outstanding

10,000

Price Share

0.01172579

25.267

 

Year %
2017 Performance

2426.67%

 

EXTREME FUND

ASSET/COIN QUANTITY VALUE (BTC) VALUE (USD) DISTRIBUTION (%)
Florincoin (FLO)

803,983.00

19.6171852

$42,271.11

11.39

Darcrus (DAR)

38,123.55

4.858846448

$10,469.84

2.82

Ubiq (UBQ)

45,686.75

13.89197007

$29,934.42

8.07

Bitcoin (BTC)

45.45

45.45

$97,935.66

26.39

Waves (WAVES)

62,121

72.64491861

$156,535.27

42.18

Guppy (GUP)

157,812

15.76857504

$33,978.13

9.16

 

BTC USD
NAV (Net asset Value)

172.231

371,124.43

Shares outstanding

5,000

Price Share

0.03444630

74.225

 

Year %
2017 Performance

7322.49%

 


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