SwissBorg investment team makes 34% returns during the crash

Trees don’t grow to the sky. Even if 2017 has showed us the opposite in the crypto space, a healthy market has pull-backs, pausing to take back its breath before continuing its trend. Bitcoin has had its share of spotlight in ’17 to say the least and one reason was its skyrocketing performance. As said several times, SwissBorg’s team are firm believers that cryptos are the asset class of the future and the best way to navigate through this space is to be active in your fund management process. We therefore put our money where our mouth is and even better prove it to you.

We have enjoyed the ride on Bitcoin in 2017. Nevertheless the year coming to an end, news and events having been more than priced-in in our opinion and our proprietary trading signals starting to show us over stretched levels on Bitcoin we decided to implement a short trade using Dec 29 Futures on December 16 at USD 19,841. We closed this short position on December 23 at USD 13,082, making a 34% profit in a week.

Trade Summary:

The short BTC trade implementation on December 16:

Starting closing this short position on December 22:

Finishing closing this short position on December 23:

As we used futures and the collateral was BTC, we had 22 BTC worth USD 435,700 on December 16, when we closed the short those turned into 33.34 BTC worth USD 436,000, as shown on the screenshot below.

This trade is a great example that money can be made in a lot of different market configurations. We believe that the overall space will continue to grow and make continuous all-times highs, but not without pull-backs or even big drawdowns, thus offering for experienced and opportunistics investors a way to distinguish themselves and bring performance and capital preservation to their community. Only the most agile and reactive fund managers will be able to generate performance in such volatile markets and we every day aim to stay in this club.

Maxime Gillot, Chief Investment Officer / Marco Guerreiro, Head of Quantitative Strategies / Jeremy Baumann Head of Discretionary Portfolio Management

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