Good morning, ladies and gentlemen!
I'm Reinis Fischer, the CEO and founder of Terramatris Crypto Hedge Fund. Today, on April 19, 2024, I'm back at my beloved Axis Tower, post gym workout, recording this video to update you on recent developments. Apologies for the delay; urgent matters demanded my attention yesterday. However, rest assured, the information provided remains relevant.
Terramatris is a private crypto investment fund managed by me, based in beautiful Georgia. Recently, exciting news emerged regarding the acquisition of our tokens via Coinbase Wallet, adding to the accessibility of our offerings.
At Terramatris, our strategy revolves around creating short-term expiry options on Bitcoin while reinvesting premiums back into crypto. Currently, our portfolio comprises Bitcoin, Ethereum, Stellar Lumens, USDC stable coins, Solana, and Jupiter, focusing on dollar-cost averaging.
We prioritize risk management, particularly during volatile market conditions. Recent weeks have tested our strategies, prompting us to adapt and employ measures such as rolling forward for credit, utilizing stop losses, and purchasing protective put options.
Despite setbacks, we remain focused on achieving our goals. Last week, our portfolio experienced a decrease of nearly 10%, largely due to a significant Bitcoin pullback. However, we are committed to learning from these challenges and adapting our approach accordingly.
One notable adjustment involved downsizing our Bitcoin options position following unexpected market volatility triggered by external events like the drone and missile attacks on Israel.
We find ourselves in a correction mode, with Bitcoin prices hovering around critical support levels. While there's potential for further downside, we're cautiously optimistic about potential market bottoms.
Interested in joining our journey? You can participate in Terramatris by acquiring our tokens. With 10,000 tokens available, it's possible to swap USDC for TerraM on platforms like Raydium, Jupiter, or Coinbase Wallet.
Swap USDC for TerraM on Raydium
Thank you for tuning in and staying engaged with Terramatris. Your feedback and support are invaluable as we navigate the dynamic world of cryptocurrency. Don't hesitate to reach out with any questions or suggestions. Until next time, stay informed and stay invested.
Disclaimer: Investments in stocks, funds, or cryptocurrencies carry inherent risks. Please conduct thorough research and consult with a financial advisor before making investment decisions.