January 30, 2023
Hello Bubble Riders! Today is Monday so we are looking at performance numbers:
- Our flagship portfolio and CCA strategy have already made up for last year and continue to push into the teens and beyond for returns. Our Maxi strategy is close behind.
- Our benchmarks BTC and ETH are up about 40% and 30% respectively with the latest crypto rally (see below)
- The top three crypto hedge funds appear to be doing well so far (55%+ YTD), but after last year, they would have to make a 500%+ return to break even. The three are still down at least -60% since last year.
To conclude, good strategy is more important than big money. Even with the latest rally, “smart money” has a long way to go. Meanwhile, our strategies are already making up for any of last year’s losses.
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