#10 TerraM Crypto Fund Performance Update (+12.92%)
Salutations from Yerevan!
We're in the capital of Armenia for a swift business trip, conducting in-person interviews for the translation company. The temperature is a bit frosty, but with mid-February upon us, the arrival of Spring is palpable.
TerraM Token Update - Week 10
Last week proved to be a boon for the TerraM crypto hedge fund, with a remarkable 12.92% increase in value.
Although we're still 9.83% shy of our all-time high recorded on January 8, 2023.
TerraM Token Investment Strategy
The capital raised from the TerraM token is utilized to sell options on Ethereum. Our objective is to attain annual growth of 25-30%.
No options trades expired this week, but we terminated an early 1700 Call option, still booking profit, and were able to distribute 0.02015366071 ETH / 33.46 USD back to the token holders
Open Options Trades
Currently, we have ten open options positions on Ethereum with a February 24 expiration date. Most of these trades are adjusted recovery trades from previous weeks.
To maximize potential profits, ETH should trade within the range of 1500-1900 on the expiry date (February 24). We will adjust our trades based on the direction of the market.
Investment Opportunities with TerraM Token
Consider swapping some TerraM on the Raydium platform or exploring other investment opportunities to diversify your portfolio.
Investing in cryptocurrency is inherently risky and volatile. It's crucial to research and comprehends the market trends before making any investment decisions. Diversifying your investments by investing in multiple cryptocurrencies can help mitigate the risk.
In conclusion, we're optimistic about our investment in TerraM token and Ethereum options. Keep an eye out for more updates on our progress.