{"uuid":"8aeb1cb5-47f0-4eaf-6c5a-099e002ee616","categoryUuid":"169d7f2a-19b7-4672-7e38-c092a658c9c7","data":{"meta":{"name":"Timing Long-Term Buying/Selling Opportunities"},"configs":[{"meta":{"content":"# Timing Long-term Buying/Selling Opportunities\n\nThis dashboard provides examples of accumulation and liquidation strategies to decrease risks and encourage profit taking activities using on-chain analytics."},"uuid":"f490873e-1fe5-42fe-8396-4e82d9ce950e","extra":{"backgroundColor":"#ffffff"},"configType":"content"},{"meta":{"content":"## Metric: MVRV Z-Score\n\n---\n\nThe [MVRV Z-Score](https://studio.glassnode.com/metrics?a=BTC\u0026m=market.MvrvZScore) evaluates whether Bitcoin is overvalued or undervalued relative to its realized value (fair value).\n\nWhen market value, is significantly higher than realized market value (5X), it indicates a market top. \n\nA lower market value than the realized value indicates a market bottom.\n"},"uuid":"0ae04d71-a092-4630-bfff-9b8f493b534d","extra":{"backgroundColor":"#ffffff"},"configType":"content"},{"meta":{"refUuid":"548e2735-c005-4891-4934-440efae03035"},"uuid":"c1057b25-91ff-4812-ac98-cc471e0045d3","extra":{"zoom":"10y"},"configType":"workbench"},{"meta":{"content":"## Purchasing Strategy: \n\n---\n\n🔴 Buy $1,000 of BTC every week that begins with MVRV Z-score below 0\n\n--- \n\nDefinitions:\n- **Installments** = Total dollar value invested into the model.\n\n- **Purchase Window** = Days where model portfolio purchases more BTC.\n\n"},"uuid":"f6aa0ca8-18f7-4ed4-93e7-372737f2b47e","extra":{"backgroundColor":"#ffffff"},"configType":"content"},{"meta":{"refUuid":"78eceb82-88d0-43d6-6465-1729d36aa1e8"},"uuid":"e263fae8-1db5-480e-a527-40218bcc6cc7","extra":{"zoom":"10y"},"configType":"workbench"},{"meta":{"content":"## Sell-Off Strategy:\n\n---\n\n\n🟢 Sell $40,000 of BTC every week that MVRV Z-score is above 5\n\n---\n\n- **Realized Profits** = Total dollar value cashed in from selling initial investment.\n\n- **Sell Window** = Days where portfolio sells holdings."},"uuid":"46829b50-4397-4dc9-a155-dee30e82fd2c","extra":{"backgroundColor":"#ffffff"},"configType":"content"},{"meta":{"refUuid":"fd243f3e-a6e8-48e0-444a-ca9e2c0173e4"},"uuid":"483971a8-e2fa-4310-b5b6-629e1d9ec7e6","configType":"workbench"},{"meta":{"content":"##How would our model perform vs a benchmark?\n\n---\n\n`Definitions:`\n\n- **Total Portfolio**: Cash profits + current investments\n\n- **Benchmark**: Portfolio that buys consistent amount of BTC every week.\n\n- **Cash Profits**: The amount of holdings that have been redeemed and turned into cash.\n\n- **BTC Holdings**: The current holdings of your BTC portfolio.\n\n\n"},"uuid":"953267f9-71f0-46c9-b4b7-8b2df2e0dfcb","extra":{"backgroundColor":"#ffffff"},"configType":"content"},{"meta":{"refUuid":"ba20578b-2611-4fa1-73d1-ef39f064a522"},"uuid":"4bb1f19c-8535-4b28-aab1-240fafb6ef3b","extra":{"zoom":"10y"},"configType":"workbench"},{"meta":{"content":"# Other Cyclical Models\n\n"},"uuid":"dcc0819a-c56e-45dd-8c2b-cac110cd6484","extra":{"backgroundColor":"#ffffff"},"configType":"content"},{"meta":{"content":"## AVIV Ratio\n\n---\n\nThe [AVIV Ratio](https://studio.glassnode.com/workbench/cointime-mvrv-aviv) is the deviation between the the [Investor Cap](https://studio.glassnode.com/metrics?a=BTC\u0026category=\u0026m=indicators.InvestorCapitalization) and [Active Supply](https://studio.glassnode.com/workbench/60ed8244-8580-4152-413a-02d645f64385). \n\nTo date, the AVIV Ratio has shown a long-term mean and median very close to 1.0, providing a robust argument that the True Market Mean Price reflects a market wide cost basis.\n\n---\n\n**Strategy**: \n- 🔴 Model purchases when AVIV Ratio is below .6\n- 🟢 Model sells when AVIV Ratio is above 2"},"uuid":"fe1198d9-ec88-4a0d-b088-0c333f15af4d","extra":{"backgroundColor":"#ffffff"},"configType":"content"},{"meta":{"refUuid":"82a53ecf-c974-4a8f-4291-d75cff4e873d"},"uuid":"9fe1c46d-84aa-43fd-83e0-9d83129dc569","extra":{"zoom":"10y"},"configType":"workbench"},{"meta":{"content":"##Net Unrealized Profits (NUPL)\n\n---\n\n[Net Unrealized Profits (NUPL)](https://studio.glassnode.com/metrics?a=BTC\u0026m=indicators.NetUnrealizedProfitLoss): The difference between Relative Unrealized Profit and Relative Unrealized Loss. \n\n---\n\n**Strategy**: \n\n🔴 Model purchases when NUPL is below 0\n\n🟢 Model sells when above NUPL .6\n\n"},"uuid":"3b58ba14-d746-4913-8a11-87b4ee3200d1","extra":{"backgroundColor":"#ffffff"},"configType":"content"},{"meta":{"refUuid":"9459ce91-3c97-437b-4605-5e3db2d6b7d0"},"uuid":"bde2518c-eaa2-4cb2-98bd-c69c8d8d3185","extra":{"zoom":"10y"},"configType":"workbench"},{"meta":{"content":"##Percent Supply In Profit\n\n---\n\nThe [percentage of circulating supply in profit](https://studio.glassnode.com/metrics?a=BTC\u0026category=\u0026m=supply.ProfitRelative), i.e. the percentage of existing coins whose price at the time they last moved was lower than the current price. \n\n---\n\n**Strategy**: \n- 🔴 Model purchases when supply in profit is below 50%\n- 🟢 Model sells when above supply in profit is above 99%\n\n"},"uuid":"ea948695-60e9-48d7-ad38-79b74a863584","extra":{"backgroundColor":"#ffffff"},"configType":"content"},{"meta":{"refUuid":"2119d593-fac3-41e7-65b0-50f9b37427da"},"uuid":"c0e30a3e-780d-4055-bd84-e58f9b49fbd9","extra":{"zoom":"10y"},"configType":"workbench"}],"layouts":[{"h":2,"i":"f490873e-1fe5-42fe-8396-4e82d9ce950e","w":12,"x":0,"y":0,"minH":1,"minW":3,"moved":false,"static":false},{"h":6,"i":"0ae04d71-a092-4630-bfff-9b8f493b534d","w":3,"x":0,"y":2,"minH":1,"minW":3,"moved":false,"static":false},{"h":6,"i":"c1057b25-91ff-4812-ac98-cc471e0045d3","w":9,"x":3,"y":2,"minH":1,"minW":3,"moved":false,"static":false},{"h":6,"i":"f6aa0ca8-18f7-4ed4-93e7-372737f2b47e","w":3,"x":0,"y":8,"minH":1,"minW":3,"moved":false,"static":false},{"h":6,"i":"e263fae8-1db5-480e-a527-40218bcc6cc7","w":9,"x":3,"y":8,"minH":1,"minW":3,"moved":false,"static":false},{"h":6,"i":"46829b50-4397-4dc9-a155-dee30e82fd2c","w":3,"x":0,"y":14,"minH":1,"minW":3,"moved":false,"static":false},{"h":6,"i":"483971a8-e2fa-4310-b5b6-629e1d9ec7e6","w":9,"x":3,"y":14,"minH":1,"minW":3,"moved":false,"static":false},{"h":6,"i":"953267f9-71f0-46c9-b4b7-8b2df2e0dfcb","w":3,"x":0,"y":20,"minH":1,"minW":3,"moved":false,"static":false},{"h":6,"i":"4bb1f19c-8535-4b28-aab1-240fafb6ef3b","w":9,"x":3,"y":20,"minH":1,"minW":3,"moved":false,"static":false},{"h":2,"i":"dcc0819a-c56e-45dd-8c2b-cac110cd6484","w":12,"x":0,"y":26,"minH":1,"minW":3,"moved":false,"static":false},{"h":6,"i":"fe1198d9-ec88-4a0d-b088-0c333f15af4d","w":3,"x":0,"y":28,"minH":1,"minW":3,"moved":false,"static":false},{"h":6,"i":"9fe1c46d-84aa-43fd-83e0-9d83129dc569","w":9,"x":3,"y":28,"minH":1,"minW":3,"moved":false,"static":false},{"h":6,"i":"3b58ba14-d746-4913-8a11-87b4ee3200d1","w":3,"x":0,"y":34,"minH":1,"minW":3,"moved":false,"static":false},{"h":6,"i":"bde2518c-eaa2-4cb2-98bd-c69c8d8d3185","w":9,"x":3,"y":34,"minH":1,"minW":3,"moved":false,"static":false},{"h":6,"i":"ea948695-60e9-48d7-ad38-79b74a863584","w":3,"x":0,"y":40,"minH":1,"minW":3,"moved":false,"static":false},{"h":6,"i":"c0e30a3e-780d-4055-bd84-e58f9b49fbd9","w":9,"x":3,"y":40,"minH":1,"minW":3,"moved":false,"static":false}]}}