Mountains and Valleys

It looks like a wind-down of MAV can be avoided for now:

• Only copiers who are onboarded with the Dutch entity of Iconomi will no longer be able to copy MAV. You can learn which entity you are with under "My Profile"/"Account Status".
• MAV is onboarded with the UK entity, so not affected by the regulation changes in the EU when it comes to non-EU copiers.
• Apparently, our strategy was erroneously put to "sell only" for all or most users of Iconomi on Friday, this has been corrected now.
• If you are with the Dutch entity, your MAV investment will be converted to one of Iconomi's MICAR compliant strategies on the 30st of January. We suggest that you proactively manage this process and chose your own strategy instead of waiting for the forced sell.
• Most importantly: since our strategy is allowed to survive, we will continue managing it according to our usual process as we do not want to let down our remaining copiers in the hottest phase of this bull market. As the market heats up, we will be following a strict profit taking strategy.

If there should be any changes to this situation, we will post a message here.

It looks like Iconomi will be winding down this strategy.

We are not entirely sure what will happen, as the messaging in the blog post linked below is not very clear. In any case, we recommend our followers to switch to another strategy before the 30st of January.

If any funds should remain in this strategy beyond the 30st of January, we will sell them to USDC and we will no longer maintain the strategy from that point on. We have moved our private funds out of the strategy and off the platform.

This is a sad moment for us, as we'd have loved to share the last and usually most exciting leg of the bull market with our copiers. But alas, the life span of all things crypto has always been famously unpredictable.

MAV made +1000% since inception, not your average pension fund performance. We thank our copiers for putting their trust into our strategy. May you always be early and may your bags be up only! 😢

https://www.iconomi.com/de/blog/iconomi-is-phasing-out-certain-public-strategies-in-the-european-union

Mountains and Valleys wishes everybody a happy 2025. The last stretch of this bull run awaits.

Good times, with Bitcoin making new highs every other day and alts, mostly meme coins, following. The last leg of the bull market is now in full swing, with indicators heating up, but not quite in the danger zone yet. Exciting and volatile market phase ahead.

The interest rate cuts did in fact bring back some bullish sentiment. Bitcoin hasn't broken out of its consolidation pattern yet, but the signs are slowly turning green and alt coins are very obviously eager to start moving.