Blog Archive: December 2023
An ex-pat living in Georgia since 2011, I trade stocks, take photographs, work out at the gym, and many more. Here I write about travel, finance, and other things that might interest me.
Latest articles
TerraMatris Crypto Hedge fund goals for 2024
On August 22, 2023, TerraMatris Crypto Hedge Fund began its venture into the dynamic world of cryptocurrency trading, with a distinctive focus on options to propel portfolio growth. As we reflect on our journey thus far, the close of 2023 saw us strategically selling 1 Day to Expiry (DTE) put options on Ethereum and Bitcoin. A pivotal move, as the premiums garnered were promptly reinvested back into the crypto market. The initial results are…
Minimum Wages Set to Increase in Baltic States in 2024
As we usher in the new year, significant changes are on the horizon for the Baltic states, particularly in the realm of minimum wage. In 2024, Estonia, Latvia, and Lithuania are all set to witness an increase in their minimum wage, signifying a shift in economic dynamics. Let's delve into the details of these changes and their potential impact. In 2024 minimum wage is set to increase in all Baltic states. Estonia will have a minimum wage of EUR…
Postcards from Ushguli
Ushguli is a community of five villages located at the head of the Enguri gorge in Svaneti, Georgia. Ushguli is one of the highest continuously inhabited settlements in Europe. Compared to somewhat more developed towns like Mestia, Ushguli is not in an accessible location, which has preserved many of the villages' medieval characteristics, including unique defensive tower houses called Svan towers. Because of their preservation and traditional…
#19 TerraMatris Crypto Hedge Fund: Targeting $3.8 Daily Premium from BTC Options Trades
We keep growing the Terramatris crypto hedge fund bit after bit by selling put options on Ethereum and BitcoinEvery week we choose one crypto coin and invest all premium in it. In the last weeks, we have already invested in XLM, ETH, USDC, and BTC. I have decided to stick with these 4 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 19th, we are returning to USDC…
XRP Carry Trade: Maximizing Profits in Crypto Futures Trading
In the ever-evolving landscape of digital assets, savvy traders are constantly seeking innovative strategies to maximize gains. One such strategy gaining traction is the carry trade, and today, we'll delve into its application specifically on XRP. As a Founder of the Terramatris crypto hedge fund, I'm excited to shed light on the exciting possibilities that the carry trade on XRP presents. The carry trade is a time-tested strategy that…
Westminster Abbey
Westminster Abbey, formally titled the Collegiate Church of Saint Peter at Westminster, is an Anglican church in the City of Westminster, London, England. Since 1066, it has been the location of the coronations of 40 English and British monarchs, and a burial site for 18 English, Scottish, and British monarchs. At least 16 royal weddings have taken place at the abbey since 1100. I had a chance to visit the famous Abbey at the start of August…
Tower of Love in Svaneti
As you make your way from Mestia to Ushguli, one of the highest settlements in Europe, look out for the “Tower of Love”, which stands on a huge boulder in the river Enguri. This three-story tower has high floors that are connected with one another by vertical stairs, although you should be especially careful when climbing them. The thick walls of the tower have stood for centuries and are likely to stand for many more. We forst discovered this…
#18 TerraMatris Crypto Hedge Fund: Focused on ETH, $3.5 Daily Premium Goal, and Allocating $0.5 to Protective Puts
We keep growing the Terramatris crypto hedge fund bit after bit by selling put options on Ethereum and BitcoinEvery week we choose one crypto coin and invest all premium in it. In the last weeks, we have already invested in XLM, ETH, USDC, and BTC. I have decided to stick with these 4 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 18th, we are returning to ETH -…
TerraMatris Hedge Fund Expands Reach: Distributes 50 TerraM Tokens to Raydium Network After Achieving $200 Milestone
On November 21, 2023, in a strategic move, TerraMatris crypto hedge fund decided to distribute 50 TerraM tokens to the Raydium network after achieving a significant milestone of $200 in earnings. TerraMatris, known for its innovative approach to crypto investments, has consistently demonstrated a commitment to exploring new avenues within the blockchain ecosystem. The decision to distribute TerraM tokens on the Raydium network reflects the fund…
Big Ben
The Elizabeth Tower is the clock tower of the Palace of Westminster in London, England. It contains the Great Clock, a striking clock with five bells. The tower is nicknamed "Big Ben", a name which was originally applied only to the largest bell of the clock. The tower was officially called the Clock Tower until 2012, when it was renamed to mark the Diamond Jubilee of Elizabeth II. Probably one of the most recognizable tourist attractions…
#17 TerraMatris crypto hedge fund Focus on XLM with $3.3 Daily Premium Goal
We keep growing the Terramatris crypto hedge fund bit after bit by selling put options on Ethereum and BitcoinEvery week we choose one crypto coin and invest all premium in it. In the last weeks, we have already invested in XLM, ETH, USDC, and BTC. I have decided to stick with these 4 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 17th, we are returning to XLM -…
TerraMatris Crypto Hedge Fund Portfolio Value reaches $249.75 in November 2023
Terramatris is a private crypto investment hedge fund started on August 22, 2023, by me. The fund is privately held and is not publicly registered under any specific jurisdiction. Though, most of the time operated from Tbilisi, Georgia. We trade options with crypto while reinvesting premiums back into different crypto assets. At the moment we are growing our crypto portfolio by selling put options on Ethereum and Bitcoin. Once we will have at…
KidZania London
KidZania London is a unique learning and entertainment experience filled with ultra-realistic role-play activities designed to mirror real-world careers. Their unique blend of education and entertainment aims to boost confidence, and independence and empower children to make a difference early on in life. KidZania London is located at the Westfield London shopping mall (Ariel Way Shepherds Bush LONDON W12 7GF). It took us about 1-hour taxi…
Enguri Dam
The Enguri Dam is a hydroelectric dam on the Enguri River in Tsalenjikha, Georgia. Currently, it is the world's second-highest concrete arch dam with a height of 271.5 meters (891 ft). It is located north of the town of Jvari. It is part of the Enguri Hydroelectric Power Station (HES) which is partially located in Abkhazia. In the past, I had heard about this damn but didn't expect I will actually visit it during our few-day trip to Svaneti at…
#16 Terramatris Crypto Fund Weekly Update: Challenges and Opportunities in a $40,000 Bitcoin Market
We keep growing the Terramatris crypto hedge fund bit after bit by selling put options on Ethereum and Bitcoin Every week we choose one crypto coin and invest all premium in it. In the last weeks, we have already invested in XLM, ETH, USDC, and BTC. I have decided to stick with these 4 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 16th, we are returning to…