#28 TerraMatris Crypto Hedge Fund: Targeting $10.1/day from 1DTE put options, reinvesting in BTC

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Greetings from Tbilisi, Georgia. We are already at the end of February, just few more weeks before Spring will start. Can't wait!

Last week our humble crypto hedge fund grew to $1064.55 from trading 1 DTE put options on BTC. The growth was both from crypto options premium and crypto appreciation. Last week, for the first time we cracked $1,000 milestone. It took us 6 months to get here. We hope to get over $2,000 in shorter time, hopefully in the next 3 months.

Very likely we are going to crack $1,100 milestone this week, as long as BTC stays above $50,000 I'm quite confident in it.

We keep growing the Terramatris crypto hedge fund bit after bit by selling put options on Bitcoin (and sometimes Ethereum)

If you are interested to learn more about our trading strategy, consider buying my kindle ebook about Put Selling on Crypto markets on Amazon

Every week we choose one or two crypto coins and invest all premium in it. In the last weeks, we have already invested in XLM, ETH, USDC, BTC, SOL and JUP. I have decided to stick with these 6 tickers until we grow the portfolio to at least 0.1 ETH or 0.01 BTC, thus enabling covered call writing on these positions. 

On week 28, we are going to reinvest back in BTC - every time we are going to take options premiums this week (February 26  - March 3 ), we will re-invest the premium back in these coins for our long-term crypto portfolio. 

Our daily goal this week is to collect minimum $10.1 in premiums

As of February 26, 2024, we are holding 0.00325318 BTC worth $167.87 5. We are looking to grow our BTC holdings to about $230 by the end of the week,

Get TerraM tokens from Raydium or Jupiter

  • Total supply: 10,000
  • In circulation: 485 (4.85%)
  • On Liquidity pool: 234 (2.34%)

Not trading advice. Not soliciting for investment. 

Investments in stocks, funds, bonds, or cryptos are risk investments and you could lose some or all of your money. Do your due diligence before investing in any kind of asset.

By the way we are making our first airdrop, giving away 10% to every token holder once our fund will reach $2,000.