Sometimes it seems that the cryptocurrency market is designed to take as much money as possible out of as many pockets as possible!
If you are someone who has been trading a while, you know this is true. If bitcoin goes below $30K it has to break to the downside! Has to… right?
Next morning I look at my phone and bitcoin is trading @ $34,000. And there it stays between $33.5K and $34K all day.
But on May 10th bitcoin was trading $55,000.
May 12th Panxora’s RMaaS had hedged my bitcoin position almost entirely.
If the models saw volatility fall and removed the hedge now, my account would end up with 1.64 BTC for every BTC that was in my account on Jan 1 2021.
That means if bitcoin is trading at $100,000 by the end of 2021, (which we all hope it will be) I will have $164,000 for every $100,000 I would have had without the hedging models working for me. And if bitcoin is trading down at $20K, which you know it could be, depending on what happens in the world, I won’t be that unhappy either. Because the RMaaS models will sense the continued volatility and keep the hedge on my bitcoin account. In fact, if bitcoin goes to 20,000 it is quite likely the models will be removing the hedge at an even more advantageous price.
Repeat that a few times over the next 5 years and see what it means to the value on your cryptocurrency account!
Panxora’s RMaaS service.
Panxora provides services that professionalise and elevate the crypto ecosystem. Its offerings are built on the back of the team’s experience in technology, blockchain and traditional finance. Its treasury risk management technology and investment proposition offer much-needed support for token projects looking for professional methods to raise funds and manage capital. It also has a hedge fund which trades the crypto markets using proprietary AI-software open to high net worth, professional and institutional investors. Its cryptocurrency exchange provides liquidity for token projects, and its accounting and payments software for crypto simplifies and automates the tracking and clearing of crypto transactions.
From its offices around the world, Panxora is ensuring that crypto asset holders and token founders have the tools they need to build dynamic, professional and profitable businesses.