The TSAG Advanced portfolio presented a profitability of 14.81% in April 2019. Thus, the portfolio has already accumulated a return of 27.47% in 2019 and 23.13% over the last 12 months. Bitcoin’s recovery was the main reason for TSAG Advanced performance in April.
Conversely, the TSAG Conservative had a yield of 2.74% in April. With that, the portfolio reaches a cumulative yeld of 13.58% in 2019 and 60.5% in the last 12 months. In the case of Conservative, the influence is the existence of arbitration on cryptocoins prices in Brazil and in the world.
The head of Investments at Transfero Swiss AG, Carlos Russo, assessed that if the Bitcoin exceeded the barrier of US$ 6,500 – which would mean a gain of 100% compared to the minimum rate in January – , the market would be in a bull market indeed. But the bitcoin went beyond the expectations and broke the barrier of US$ 8000. Perhaps, this bull market will have new historical maximum rates in the next 18 months.
Moreover, notwithstanding the recent Binance scandal, the price was not affected. This is a good sign, and it means that the market is bought and confident in the prices recovery.
In this last rally, the altcoins have lost value against the bitcoin and, for such reason, there must be an adjustment. But for the coming year the expectations are the best possible, especially in the months preceding the bitcoin halving.
Nevertheless, it is expected a flattening of growth for the next months, followed by a strong recovery of altcoins. “In this last rally, the altcoins have lost value against the bitcoin and, therefore, there must be an adjustment. But for the coming year the expectations are the best possible, especially in the months preceding the bitcoin halving”, says Russo.
TSAG Advanced portfolio combines macro evaluation on the cycles of the bitcoin with technical analysis and statistics to realize an adequate return on the investments. Conversely, TSAG Conservative uses the strategy of arbitrating based on the cryptocoins prices in Brazil and in the world to capture returns not correlated to the digital assets market.