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WEEKLY REPORT

Hi all.

BTC continues it’s post-hardfork post-drama post-segwit rally as expected, and our altcoins are dropping vs BTC and more or less keeping their USD values.

I should be happy to predict correctly all the stuff, but I’m not. We’ve lost a massive rally in our previous ANS (now NEO) position, and we have lost plenty of opportunities all ERC20 tokens that have been pumped a lot this week. Selling ANS completely was a clear mistake, as history has always demonstrated that Chinese based coins always end mega-pumping and surprising you. On the other hand, these ERC20 rallies have been a total nonsense from the fundamental POV. Most of these tokens don’t have a working product, have tremendous market caps and don’t even have news to justify these pumps. It’s very clear that some whales have orchestrated these pumps simultaneously for no apparent reason, which is very hard to predict.

Besides the NEO mega-rally and these weird pumps, altcoins in general are in a bearish-consolidation trend, and will most probably continue this way for some weeks.

BTC keeps escalating quickly, and for the moment there are no signs of reversal. We’ll keep with the plan, big BTC position, expecting more consolidation in altcoins, then full altcoins and big profits again.  How do that translate to the funds? Most probably we’ll have stable-little dropping values in the funds for some weeks, and then the mega-rally will start again, just like it was in February-March.

If everything follows the normal path, this year 2017 will be absolutely legendary. Let’s see what happens.

Enjoy.

 

RETIREMENT FUND

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

25,452.465

2.226

$9,147.96

3.07

Gamecredits (GAME)

12,314.400

6.407

$26,327.55

8.85

Factom (FCT)

525.67875

2.141

$8,796.14

2.96

Siacoin (SC)

2,714,830

4.8867

$20,079.38

6.75

Decred (DCR)

453.22

2.9006

$11,918.46

4.01

Komodo (KMD)

19,056.20

7.036692412

$28,913.70

9.72

Lisk (LSK)

5,071.42

2.812812389

$11,557.82

3.88

Bitcoin (BTC)

37.16

37.16

$152,690.07

51.32

Waves (WAVES)

5,847

6.84104847

$28,109.80

9.45

 

BTC USD
NAV (Net asset Value)

18.562

297,540.87

Shares outstanding

15,000

Price Share

0.00123744

19.836

 

Year %
2017 Performance

1883.61%

 

DYNAMIC FUND

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

27,875.45

14.50387539

$59,596.28

14.91

Siacoin (SC)

4,291,401

7.725

$31,739.98

7.94

Decred (DCR)

791.48

5.065

$20,813.78

5.21

Bitcoin (BTC)

50.782

50.782

$208,662.73

52.20

Waves (WAVES)

16,413.88

19.20440374

$78,910.70

19.74

 

BTC USD
NAV (Net asset Value)

97.280

399,723.47

Shares outstanding

10,000

Price Share

0.00972802

39.972

 

Year %
2017 Performance

3897.23%

 

EXTREME FUND

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

803,983.00

9.9693892

$40,964.12

7.10

Darcrus (DAR)

38,123.55

3.467718108

$14,248.82

2.47

Ubiq (UBQ)

45,686.75

15.73360297

$64,649.22

11.21

Waves (WAVES)

62,121

72.68219121

$298,650.40

51.76

Guppy (GUP)

157,812

8.6559882

$35,567.37

6.16

Wings (WINGS)

137,034.45

19.70144288

$80,953.03

14.03

Bitcoin (BTC)

8.745

8.745

$35,933.12

6.23

COEVAL (COEVAL)

145.989

1.45989

$5,998.67

1.04

 

BTC USD
NAV (Net asset Value)

138.955

576,964.75

Shares outstanding

5,000

Price Share

0.02779107

115.393

 

Year %
2017 Performance

11439.29%

 


Hi all.

So as expected, the 1st august BTC fork went smooth and the results have been great for the whole sector. BTC has finally surpassed the 3000$ ATH, BTC FUD has dropped dramatically and things are looking great again for the coming weeks and months.

This week, we finally moved our $ positions to BTC after the fork, and today we rebalanced again to start preparing the next “composition” of portfolios for the coming months.

BTC new ATH and bull-run was pretty clear that would happen after 1st august. About altcoins, I still have doubts that we will see a big altcoin rally for the coming weeks. These days we’re seeing how some altcoins pump individually, not collectively. Due to that, we’ll keep big positions in BTC and assure the play.  

Enjoy                                              

 

RETIREMENT FUND

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

25,452.465

2.872

$9,335.01

3.40

Gamecredits (GAME)

12,314.400

10.452

$33,968.90

12.36

Factom (FCT)

525.67875

3.265

$10,611.12

3.86

Siacoin (SC)

2,714,830

7.6830

$24,969.65

9.08

Decred (DCR)

453.22

4.2317

$13,753.13

5.00

Komodo (KMD)

19,056.20

6.3457146

$20,623.57

7.50

Lisk (LSK)

5,071.42

3.406472814

$11,071.04

4.03

Bitcoin (BTC)

37.16

37.16

$120,770.00

43.94

Waves (WAVES)

5,847

9.16312605

$29,780.16

10.83

 

BTC USD
NAV (Net asset Value)

28.504

274,882.58

Shares outstanding

15,000

Price Share

0.00190026

18.326

 

Year %
2017 Performance

1732.55%

 

DYNAMIC FUND

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

27,875.45

23.65956694

$76,893.59

19.77

Siacoin (SC)

4,291,401

12.145

$39,470.16

10.15

Decred (DCR)

791.48

7.390

$24,017.76

6.17

Bitcoin (BTC)

50.782

50.782

$165,041.50

42.42

Waves (WAVES)

16,413.88

25.72301204

$83,599.79

21.49

 

BTC USD
NAV (Net asset Value)

119.699

389,022.80

Shares outstanding

10,000

Price Share

0.01196993

38.902

 

Year %
2017 Performance

3790.23%

 

EXTREME FUND

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

803,983.00

14.88172533

$48,365.61

8.19

Darcrus (DAR)

38,123.55

4.434912572

$14,413.47

2.44

Ubiq (UBQ)

45,686.75

19.63799262

$63,823.48

10.81

Waves (WAVES)

62,121

97.35292515

$316,397.01

53.61

Guppy (GUP)

157,812

7.06366512

$22,956.91

3.89

Wings (WINGS)

137,034.45

22.19135883

$72,121.92

12.22

Bitcoin (BTC)

8.745

8.745

$28,421.25

4.82

COEVAL (COEVAL)

145.989

7.29945

$23,723.21

4.02

 

BTC USD
NAV (Net asset Value)

174.308

590,222.85

Shares outstanding

5,000

Price Share

0.03486152

118.045

 

Year %
2017 Performance

11704.46%

 


Hi all. Finally, we’re just 2 days away from the 1st of August. It’s been a painful month full of justified and even more non-justified big FUD around everything in the sector. Now everything is more less clear: There will be an important BTC fork called BitcoinCash in 2 days, that will probably make a mini pump&dump scheme in the first days of existence to stabilize later between the 0.075-0.15 levels, the place when in my opinion BCC belongs. I don’t usually recommend to take short term flips, but if there was the case where BCC was dumped below 0.05 levels in the first days, I would recommend taking some long trades and make an almost sure short term profits.

As explained last week, altcoins are not performing well vs BTC these days, and doesn’t seem to wake up soon. If we put together the altcoin charts + the coming news for BTC & Altcoins in the coming weeks + the market sentiment, I would say that altcoins still need 2-3 months to consolidate it’s current (or even lower levels vs BTC) to make a comeback. (Always talking about the general altcoin performance, there will probably be some strong altcoins that will outperform it).

In 2 days there’s the long awaited BTC fork, and in 2-3 weeks segwit should be activated in BTC. If nothing strange happens, BTC should pass the 3000$ ATH without many issues and then we’ll see what altcoins would do.

We’ll rebalance BMC funds in the coming weeks according to this market view. We’re going to invest again the $ positions mainly into BTC soon, and maybe into some strong altcoin that we think that could outperform BTC in that 1-2-3 months timeframe.   

Enjoy 🙂                                            

 

RETIREMENT FUND

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

25,452.465

2.875

$7,813.02

3.40

Gamecredits (GAME)

22,253.505

16.827

$45,735.52

19.91

Factom (FCT)

525.67875

3.445

$9,364.26

4.08

Siacoin (SC)

4,152,770

12.4998

$33,973.93

14.79

Decred (DCR)

453.22

4.3241

$11,752.81

5.12

Komodo (KMD)

19,056.20

6.356386072

$17,276.34

7.52

Lisk (LSK)

5,071.42

3.381876427

$9,191.77

4.00

US Dollar (USD)

94,570

34.79460623

$94,570.00

41.18

 

BTC USD
NAV (Net asset Value)

39.971

229,677.66

Shares outstanding

15,000

Price Share

0.00266474

15.312

 

Year %
2017 Performance

1431.18%

 

DYNAMIC FUND

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

41,952.55

31.72284021

$86,221.09

26.93

Siacoin (SC)

10,341,309

31.127

$84,602.55

26.43

Decred (DCR)

791.48

7.551

$20,524.50

6.41

US Dollar (USD)

128,790

47.38497765

$128,790.00

40.23

 

BTC USD
NAV (Net asset Value)

117.787

320,138.15

Shares outstanding

10,000

Price Share

0.01177866

32.014

 

Year %
2017 Performance

3101.38%

 

EXTREME FUND

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

803,983.00

14.02146352

$38,109.64

9.76

Darcrus (DAR)

38,123.55

2.349554387

$6,385.97

1.64

Ubiq (UBQ)

45,686.75

17.23212837

$46,836.06

12.00

Waves (WAVES)

62,121

64.26790176

$174,676.94

44.76

Guppy (GUP)

157,812

6.38033916

$17,341.44

4.44

Wings (WINGS)

137,034.45

15.4588563

$42,016.40

10.77

US Dollar (USD)

64,920

23.88564911

$64,920.00

16.63

 

BTC USD
NAV (Net asset Value)

143.596

390,286.46

Shares outstanding

5,000

Price Share

0.02871918

78.057

 

Year %
2017 Performance

7705.73%

 


Hi all.

Last week came the big depression, and this week has come the big recovery. In effect, as rumours indicated last week, consensus for segwit2X has been achieved easily and the BTC situation is “solved” for now, in the sense that there will be no split in 1st august. Well, there will probably be an split with a Chinese coin called BTCC but it’s value should be residual and should not affect prices a lot.

BTC chart looked like shit last week, and this week looks tremendously bullish again for the coming times. There should be no problem to break the ATH 3000 $ levels in the coming weeks if everything runs OK, and everything points to that.

The point to take into consideration now is “what altcoins” are going to do vs Bitcoin. Well, based on my experience, I would say that altcoins IN GENERAL need a consolidation period in $ terms. And I say IN GENERAL because there are certain altcoins with so much stuff coming in the coming weeks and months that will most probably outperform the other ones.

But returning to the topic, I think that the most probable outcome for next weeks and (months?) is a growing BTC, and altcoins keeping their $ value and probably dropping vs BTC value (WITH EXCEPTIONS).

Based on that, we will start rebalancing the $ positions mainly into BTC and hopefully to these altcoin exceptions when the time is right. In my opinion, the time to start doing that would be with BTC under control and breaking the ATH with a solid pattern.

My gut says we’re not away from that situation 😉

Enjoy 😉                                       

 

RETIREMENT FUND

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

25,452.465

3.475

$9,650.11

3.67

Gamecredits (GAME)

22,253.505

20.157

$55,975.18

21.29

Factom (FCT)

525.67875

4.353

$12,087.20

4.60

Siacoin (SC)

4,152,770

15.5314

$43,130.43

16.40

Decred (DCR)

453.22

4.6228

$12,837.59

4.88

Komodo (KMD)

19,056.20

8.640652766

$23,995.01

9.13

Lisk (LSK)

5,071.42

3.842158506

$10,669.64

4.06

US Dollar (USD)

94,570

34.05485796

$94,570.00

35.97

 

BTC USD
NAV (Net asset Value)

48.139

262,915.15

Shares outstanding

15,000

Price Share

0.00320924

17.528

 

Year %
2017 Performance

1652.77%

 

DYNAMIC FUND

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

41,952.55

37.99978074

$105,525.01

28.98

Siacoin (SC)

10,341,309

38.676

$107,404.24

29.50

Decred (DCR)

791.48

8.073

$22,418.91

6.16

US Dollar (USD)

128,790

46.37755267

$128,790.00

35.37

 

BTC USD
NAV (Net asset Value)

131.127

364,138.16

Shares outstanding

10,000

Price Share

0.01311269

36.414

 

Year %
2017 Performance

3541.38%

 

EXTREME FUND

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

803,983.00

17.22935569

$47,845.75

9.57

Darcrus (DAR)

38,123.55

3.431500736

$9,529.24

1.91

Ubiq (UBQ)

45,686.75

23.32628395

$64,776.86

12.96

Waves (WAVES)

62,121

82.9191108

$230,265.54

46.07

Guppy (GUP)

157,812

8.44925448

$23,463.50

4.69

Wings (WINGS)

137,034.45

21.24582113

$58,999.43

11.80

US Dollar (USD)

64,920

23.37782995

$64,920.00

12.99

 

BTC USD
NAV (Net asset Value)

179.979

499,800.32

Shares outstanding

5,000

Price Share

0.03599583

99.960

 

Year %
2017 Performance

9896.01%

 


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.

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%

 


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