Crypto Update Closing the Year: Crypto Fund Update – Q4 2021 Our strategy for the second half of 2021 was primarily focused on re-balancing longer term crypto investments, adding to our core positions, and focusing on building a healthy cash position to derisk and make more net new investments. In October and November, the crypto market hit new all-time highs and
Crypto Update The Next Leg: Crypto Fund Update – Q3 2021 The third quarter of 2021 turned out to be one of the best performing single quarters since the fund's inception. Profit-taking in certain positions through the previous quarter, followed by the strategy of sidelining a strong allocation of dry powder until market clarity gave us some breathing room to make
Crypto Update Market Correction: Crypto Fund Update – Q2 2021 The second quarter in the crypto markets began with a bang and we saw continued euphoria across crypto, culminating in an eventual 50%+ correction which we will delve into in detail and how we performed, along with thoughts on where valuations are headed. Although we've been proponents of looking at
Crypto Update Managing the Cycle: Crypto Fund Update – Q1 2021 The first quarter of 2021 was action-packed for the crypto markets, as Bitcoin hit new highs every month, finally topping at the last local high of ~$61,500 in March. The fund saw major growth across the portfolio which was more pronounced in DeFi and a number of longer term
Crypto Rotate and Consolidate: Crypto Fund Update – Q4 2020 Q4 2020 was all about rotating and consolidating the portfolio into stronger conviction positions with risk in mind. We took profits where we needed to and rebalanced. We also recently wrote our Q4 update for the Venture Fund, which you can read here. We are now focused on three main
Crypto Memetic Markets: Crypto Fund Update – Q3 2020 As promised, here is our Crypto Fund update, general outlook, new allocations and upcoming project launches. We recently wrote our Q3 2020 update for the Venture Fund, which you can read here: Q3 Update. We are currently approaching these markets as if they are about 25-30% through the cycle. There
