TOTAL3 Followed Plan
Anaideia Capital is live, we have secured our seed investment, therefore our primary focus is now shifted towards execution.
In this article, we will talk about how the fund is structured, why we chose Bitcoin Suisse as our custodian, and how to invest. But first, let's look back at the past 4 months and how our predictions and plans played out.
Market timing update.
Our system reached maturity in June 2022, it performed quite well in 2022 and is now confirming those results in 2023.
In general, we have timed our articles to come out when we had a special market timing signals to share, and especially downside risk signals since that is what we want to showcase with this article series.
In the image below, we have reported all BTC market predictions that were issued live since we started this blog (and before in email updates).
The least we can say, when considering those five consecutive predictions, which are all based on signals, is that our system is showing an interesting accuracy streak. For reference, the likelihood to be right 5 times in a row to a binary question with no prior knowledge is 1/32.
Now let's look at the altcoin charts. On April 14th, as BTC breaching above 30k$, we called for a medium-term top and our projections for the next months was significative downside for both the altcoin dominance and the altcoin market.
We were right on both.
The altcoin market is now down >30% since April 14th and has entered our targeted zone. What does that mean for the coming months?
At Anaideia, we will never buy or sell just because of whatever is happening on the price chart. Instead, we have learned to rely on our signals before anything else*.
Right now, since BTC has rallied above 31k$, our short term models have turned bearish again. So while things are slowly turning medium-term bullish, we are not buying just yet. At the same time, many markets are currently at high time frame resistance (BTC, altcoin market, SP500, NQ).
Here is the altcoin market; the market we are most interested in at Anaideia. It is still cheap and currently at resistance. We are monitoring every aspect of it with the aim to buy it as cheap as possible, potentially at a new low within the next weeks.
Of course, the BTC spot ETF narrative cannot be denied. It is one of the very anticipated demand catalyst on the horizon together with a FED policy pivot. These news are very good for Anaideia and our thesis since anything bullish for BTC is bullish for the entire asset class.
Anaideia is live.
Today, we are opening public subscription to the AMC Anaideia Capital. The market has entered our entry plan zone and we have secured our seed investment, therefore, this is the last article of this series, as we will now be focusing on execution entirely.
Our first mission is to buy our highly curated entry portfolio of Ethereum applications at their macro bottom. This is very exciting as we have been ready for it for years, but of course we remain very methodical about it. We have all the tools for it and we are now focused on monitoring, planning and executing.
The structure.
- Anaideia Capital is a fully segregated SPV+AMC.
- AMC Asset Manager: SmartWealth, fully FINMA-regulated (Zurich, Switzerland).
- AMC Custodian: Bitcoin Suisse (Zug, Switzerland).
- AMC Asset Manager Advisor: Anaideia (Lausanne, Switzerland).
- Why Bitcoin Suisse?
- In the crypto custody solutions landscape, there exist very few as good as Bitcoin Suisse. Most custody & trading platforms are not regulated, not audited and carry collateral bankruptcy risks. Meanwhile Bitcoin Suisse, established in Switzerland since 2013, has a 100M CHF guarantee from Zuger Kantonalbank for its daily operation and segregated vaults with ISAE 3402 audited custody for cold storage.
The terms.
Fund liquidity: No lock-up period and daily liquidity. Any subscription or redemption request send before 15:00 local Zurich time will get executed at the NAV of the next business day. The NAV (Net Asset Value) is computed daily.
Subscription: The minimum subscription is 20k$ until the AUM reaches 2M$, after which the minimum subscription becomes 100k$.
- Reporting:
- - Public: Daily NAV and quarterly official reports by SmartWealth.
- - Private: Anaideia will produce about one article per month and daily automated detailed (per strategy) performance reporting.
Fees: 2% yearly management fees + 25% performance fees. The performance fee is subject to a 10% yearly hurdle rate** and a high water mark***.
How to invest?
To invest, simply provide your bank with the following ISIN number: CH1108676177. By subscribing to the AMC, you agree to the terms specified in the Term Sheet.
If you haven't received the official documents, including its strategy, team details or if you have any other queries, feel free to reach us at info@anaideia.capital.
Once you invest, simply send a bank statement to info@anaideia.capital, and you'll receive regular articles and performance reports.
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*The Anaideia approach:
We interpret what the AI models see, not the other way around. Our team has 5 years of experience trading the crypto market but the AI models will always be smarter at market intelligence. The data needs to be interpreted with no prior bias, our AI system is instrumental in helping us prevent confirmation bias.
**Hurdle rate: The hurdle rate in a hedge fund refers to the minimum level of return that must be achieved in order for the fund manager to start earning performance fees. The performance fee is calculated only on the excess performance above the hurdle rate.
***High water mark: A high water mark in a hedge fund means that the fund manager can only start earning performance fees once the investor's capital surpasses its previous peak, allowing the investor to recoup any previous losses before the manager is eligible for additional fees.
