#9 TerraM Crypto Fund Performance Update (-2.15%)
Greetings from Tbilisi!
The weather in Tbilisi has been quite windy and rainy this past week, but despite the cold weather, we are still optimistic and looking forward to the arrival of Spring.
Update on TerraM Token Week 9
Last week was a good one for the TerraM token, although the value of the crypto hedge fund experienced a dip towards the end of the week due to a decrease in ETH price. The week ended with a small loss of -2.15%.
TerraM token is still down by -20.15% from the all-time high recorded on January 8, 2023.
TerraM Token Investment Strategy
The capital raised from the TerraM token is used to sell options on Ethereum.
Our goal is to achieve annual growth of 25-30%.
There were no options trades expiring this week, and we did not make any trade adjustments.
Open Options Trades
As of writing, we are holding 11 open options trades on Ethereum, with a February 24 expiry date. Most of these trades are adjusted recovery trades from previous weeks.
To maximize potential profits, ETH should trade within the range of 1500-1700 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 is important to do your research and understand the market trends before making any investment decisions. Diversifying your investments by investing in multiple cryptocurrencies can help mitigate the risk.
In conclusion, we are hopeful for a positive outcome from our investment in TerraM token and Ethereum options. Stay tuned for more updates on our progress.