September in Review - OSOM Crypto Autopilot

Here’s the thing to remember: After several beautiful summer months surfing the DeFi wave, the party stopped. The market took a dive, causing the performance of the Autopilot to be negative for the month.

But there is still good news. If you take a long-term view, the Autopilot is continuously outperforming other strategies even throughout the bear markets 🐻. This holds true whether you’re comparing the Autopilot model basket data to the performance of BTC alone (see Figure 1) or to strategies such as “Top 20” or “Top 100” by C20 or CIX100 funds (see Figure 2).

However, if you’ve only recently joined us, we understand the pains of watching a freefall, but simply put, crypto is volatile. We have always recommended a long-term strategy and a long-term view, which are key if you want to reduce risks. So do not be discouraged! We expect to see gains similar to last months in the future.

What interesting moves did the Autopilot make?

• The list of coins and tokens the Autopilot can take positions in didn’t change much in September. We only added DOT and LRC to the list.

• The Autopilot took a sizable position in LRC.

• At 32%, BTC is currently your biggest position.

• The Autopilot currently holds positions in 9 altcoins in an addressable universe of 42. The top 5 altcoin holdings as of September 30 are LRC, TRX, THETA, BNB, and DGB.

Crypto happenings in September

• The EU continues to make announcements regarding their Crypto ambitions. We should see a regulatory sandbox see the light of day in 2021 or 2022.

• It is still unclear whether Tezos was considered a security at the time of its token sale, but they paid $25M anyway to get rid of the case.

• The amount of BTC locked in Ethereum keeps growing. The amount pretty much doubled over the past couple of weeks. RenBTC or WrappedBTC - you have options.

• Free UNI: Have you ever used Uniswap to exchange tokens or contributed to a liquidity pool? If so, you could be eligible for a 400 UNI giveaway as a “thank you” from Uniswap for having been there from the start; and to help with governance going forward. Each used wallet address is eligible - claim your UNI here!

• Our CEO, Anton, wrote an article on Nasdaq detailing “The Role of Crypto in a Broader Portfolio”. It’s full of excellent insights. [not just a shameless plug ;) ]