This article was first published on ICONOMI - Medium
Time to Mourn or Time to Celebrate
by Mihail Semertzidis of ICONOMI’s BMC and GMC Digital Portfolios
Due to persistent market corrections and volatility, we can all get emotional with our investment decisions. Below, ICONOMI Expert Mihail Semertzidis shares his thoughts and feelings on managing one of the top-performing Digital Portfolios of the past month, Bluechip Macro Crypto (BMC). Mihail also manages Global Macro Crypto (GMC).
Over the past four months, discussion about the end of cryptocurrencies trended significantly. For the layman, it was the end; for the knowledgeable, however, it was only another challenging day on the investment battlefield.
I am not sure what the exact phraseology was when the barter (swap) economy was replaced by gold and silver coins, nor when these prepared the context for banknotes. But I am very sure that in that dispute, evolution eventually won, and this will be the case in our time as well.
Having warmed up with this historical (per se) introduction and established that crypto is here to stay, we ask the following:
“So many cryptocurrencies, so many options. I am not an expert, but I want to invest. Where’s my banker, my financial advisor, in crypto?”
The answer is quite simple: BMC and ICONOMI.
BMC has been quite successful over the past months despite the significant nervousness in the market. This is for two reasons, one technical and one sentimental.
BMC essentially invests in protocols like WAVES and Ethereum. It is quite strong and solid, as it’s one of the ICONOMI Digital Portfolios that is least hedged with TUSD (the other is GMC, also managed by us). That is to say, it has moderate risk and high performance objectives. In other (less sexy) words, it’s structured so that a thin balance is maintained between safety in market lows and good returns ...
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ICONOMI - Medium