1. Weekly Report of Swisswatcher's Bitcoin Hedgefund
After Betatesting our strategy in December 2016, we finally started our Bitcoin Hedgefund on eToro.
https://www.etoro.com/people/bigfish/portfolio/history
We closed 10 Trades in Green
While we still have 17 open trades which are in Red.
But if price stays like now at +930$ we expect to have 12 in Red and 5 in green.
We invested 43.70% of our capital in LONG Positions. which is currently at -17.18%, which results in a total minus of -5.17% in the last 12 months.
Our Risk Score is at 4 out of 10 even at difficult market situation, but we expect it to improve in the long run. We got 7 followers and zero people copying our funds
Biggest news was BTC dropping because of China's Central Bank Issues Warnings to Major Bitcoin Exchanges
http://www.coindesk.com/chinas-central-bank-issues-warnings-major-bitcoin-exchanges/
We used that opportunity to buy in cheap because of a drop of 300$ from 1139$
General outlook for Bitcoin is still LONG, but we stay calm and careful as
"The Market Can Remain Irrational Longer Than You Can Remain Solvent"
by John Maynard Keynes
If you are interested in more news about Bitcoin and the strategy of our Hedgefund, you can follow us on
Steemit: https://steemit.com/@swisswatcher
Twitter: https://twitter.com/BTCSwisswatcher
eToro: https://www.etoro.com/people/bigfish
If you also want to invest and copy our strategy I can give you a 200$ deposit Bonus, just follow the link