Greetings from Tbilisi, Georgia. We are already at the start of March, Spring is literally around the corner.
Last week our humble crypto hedge fund grew to $1,311.60 (+$247.05) from trading 1 DTE put options on BTC. The growth was coming both from crypto options premium and crypto appreciation itself.
Very likely we are going to crack $1,350 milestone this week, as long as BTC stays above $60,000 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)
Join our journey and invest in TerraM tokens from Raydium or Jupiter to gain exposure on TerraMatris crypto hedge fund.
Every week we choose one, two or three 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, 0.01 BTC or 5 SOL, thus enabling covered call writing on these positions.
On week 29, we are going to reinvest back in XLM, SOL and JUP - every time we are going to take options premiums this week (March 4 - March 10 ), 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 $10.2 in premiums.
As of March 4, 2024, we are holding 923.5 XLM worth $128.95, 1.011 SOL worth $131.24 and 205.479103 JUP worth $126.58. We are looking to grow our XLM holdings to about $160, SOL to about $160 and JUP to about $140 by the end of the week. Also it should be noted that starting March 6, solana options vill be available for trading both on deribit and bybit trading platforms and we are really eager to start trading first covered calls on Solana this week, thus boosting the total return
Join our journey and invest in TerraM tokens from Raydium or Jupiter to gain exposure on TerraMatris crypto hedge fund.
- 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.
