Letter to Investors — September 2021
September 04, 2021.
During the month of August, Bitcoin continued to show impressive strength as it rallying back above $50,000 for the first time since May 2021.
Meanwhile, the spot market trading volumes exploded, once again surpassing $1 trillion.
“The entrance strategy is actually more important than the exit strategy.” — Edward Lampert.
The Art of Market Timing
As in July, we have further strengthened our long-term positions during this month, as we believe that the market is still in an accumulation. We want to take advantage of this phase to accumulate larger positions.
While building our portfolio is essential, we are Bulls by nature, and we aim to provide decent monthly returns to our investors.
So what about the results? In August, our investors made a 2.74% return. The earnings payment has been processed at the time of writing.
Sincerely,
The Bulls lnvesting Club Team.
Appendix
Learn More About Us
Fund’s past performance
- Letter to Investors — August 2021
- Letter to Investors — July 2021
- Letter to Investors — June 2021
- Letter to Investors — May 2021
- Letter to Investors — April 2021
- Letter to Investors — March 2021
