sLOVEnia Crypto Strategy

Will we finally see a breakout to the upside?

it seems things are moving in the right direction. ETF inflows are increasing, the US election is getting closer, which has always been a good sign for crypto in the past.

At the moment, I do not intend to make major changes in the strategy, as I believe that we are well positioned.

- thorchain ecosystem is growing and developing nicely

- injective holds up perfectly

- unfortunately, fraxs shares has not yet achieved real results, but I expect ETH to outperform in the bull

I still adhere to the rule that patience is what brings the best results in the long run.

Be patient YesPeace

I am not into meme, but sometimes you need to listen the market. Meme narative is really strong and currently it is ok to have few % of your portfolio in meme... But with meme we need to be really careful. In long-term I don't see any potential in it. But in short-term they can give massive gains. Today I added some Pepe, this will be short-therm move. (It is down more than 10% in last 24 Hours). Still plan stays the same, keep in portfolio mostly projects that has great potential to succeed in long-term. We just need to be patient!.

Exponential growth is coming...

YesPeace

Now that Rune lending has reopened there Is a lot of interest in it. All loans have 0% interest, no liquidations, and no expiration.

We saw similar mechanism at Luna, but this at Thorchain is much more complex and in my opinion much safer that things won't go wrong.

Opening new loans creates a deflationary effect on the $RUNE asset, whereas closing loans creates an inflationary effect on $RUNE.If the value of $RUNE relative to $BTC is the same when the loan is opened and closed, there is no net inflationary effect on $RUNE (same amount burned as minted minus the swap fee). However, if the value of the collateral asset increases relative to $RUNE between the time the loan is opened and closed, there will be net inflation of $RUNE supply.

I see huge potential in Thorchain so we will keep big % of rune in our strategy!

YesPeace

In the past week INJECTIVE made a lot of gains so I am rebalancing INJ back to TIA, that didn't made any gains in the past 7 days. (-6%).

Crypto market is in great position. Deposits in ETF are huge and in my opinion all BTC in ETF are in hands of long-term holders! Also BTC halving is getting closer and closer, that is very important event for BTC and whole crypto space! Inflation of BTC will be cut in half!

YesPeace

#Bitcoin today hit $50000 first time since 2021🚀📈