Hi! My name is Reinis Fischer (38), a proud dad and devoted husband. CEO and Founder of Terramatris crypto hedge fund, drone enthusiast, world traveler, photographer, book author and passionate lover of Georgian cuisine (vegetarian).

An ex-pat living in Georgia since 2011, I trade stocks, take photographs, work out at the gym, and many more. Here I write about travel, finance, and other things that might interest me.

Latest articles

#34 TerraMatris Crypto Hedge Fund: Targeting $14/day from 1DTE Bitcoin put options, reinvesting in ETH

Greetings from Vilgāle, Latvia. Last week our humble crypto hedge fund grew to $2,055.42  (+$33.46) from trading 1 DTE put options on BTC. The growth was coming from crypto options premium. We managed to grow total portfolio, despite pullback.We keep growing the Terramatris crypto hedge fund bit after bit by selling put options on Bitcoin (and sometimes Ethereum)Join our journey and invest in TerraM tokens from Raydium or Jupiter to gain…

Investments |

A Day of Building and Recording: Installing Hardwood Floor in Latvia

As the sun rose over the picturesque landscape of Latvia, I found myself immersed in a fulfilling day of both physical labor and creative expression. With the mission of enhancing our frame house, I embarked on the task of installing hardwood flooring. But Thursdays are not just for construction; they're also for sharing insights and knowledge with the TerraMatris community. Join me as I recount a day filled with craftsmanship and content…

Frame House |

TerraMatris Crypto Hedge Fund Portfolio Value reaches $1,969.78 in March 2024

Terramatris is a private crypto investment hedge fund started back in August, 2023, by me. The fund is privately held and is not publicly registered under any specific jurisdiction. Though, its available to participate in the fund via Raydium liquidity pool by swapping USDC against TerraM.March was stellar in terms for the crypto growth, we managed to grow our portfolio by more than 50%.  Besides that we got our second customer for the hedge…

Investments |

How to Value bank stocks?

The other day, here in Tbilisi, I had an interesting meeting with an institutional banker focused on banks. During our approximately one-hour coffee meeting, we discussed some options trading, covered calls, put selling, and touched on valuing bank stocks. My interest in this meeting was to get some fresh insight, as at that moment I was holding/trading options with 3 banks stocks (MS, BAC and USB).My acquaintance pointed out that I might be…

Investments |

#33 TerraMatris Crypto Hedge Fund: Targeting $13/day from 1DTE Bitcoin put options, reinvesting in XLM, SOL & JUP

Greetings from Capšu zeme, Latvia. Happy Easter! We are starting new month from different country.Last week our humble crypto hedge fund grew to impressive $2,021.96 (+$276.96) from trading 1 DTE put options on BTC. The growth was coming both from crypto options premium and crypto appreciation itself.We keep growing the Terramatris crypto hedge fund bit after bit by selling put options on Bitcoin (and sometimes Ethereum)Join our journey and…

Investments |

Rainbow restaurant in Jaipur

Rainbow restaurant in Jaipur was a restaurant we were talking by our tour guide after wandering around the city of Jaipur for a few hours. Really delicious Indian cuisine and that KingFisher beer. As I was vegeterian and on intermittent fasting during our times in India I sticked with some simple fish masala and garlic naan accompanied by beer. Really delicious. Simple but elegant interior at Rainbow Jaipur restaurantIf there is a thing I…

Restaurant reviews |

Backtesting a 1-Day Expiry Put Options Strategy on Bitcoin: Analyzing 365 Days of Price Data

As the founder and CEO of TerraMatris crypto hedge fund I keep analyzing and backtesting different options trading strategies every day.In this article I decided to take a closer look and backtesting selling 1 DTE put options on Bitcoin for one year, seeing how many times there have been more than 4% price drop (thats important for options adjustment strategies)1 DTE put options trades are actually the backbone core strategy at TerraMatris…

Investments |

City Palace of Jaipur

The City Palace, Jaipur is a royal residence and former administrative headquarters of the rulers of the Jaipur State in Jaipur, Rajasthan.I had a chance to visit city palace of Jaipur in India back at the end of December 2023, during our about 3 week trip to India. We came here by foot from the Jantar Mantar observatory of Jaipur.The palace complex lies in the heart of Jaipur city, to the northeast of the very centre. The site for the palace…

Tourism objects |

#32 TerraMatris Crypto Hedge Fund: Targeting $12/day from 1DTE crypto put options

Greetings from Tbilisi, Georgia. We are already close to the end of March, Spring is literally here.Last week our humble crypto hedge fund grew to $1,745 1,699 (+$46) from trading 1 DTE put options on BTC. The growth was coming both from crypto options premium and crypto appreciation itself.Very likely we are going to crack $1,800 milestone this week, as long as BTC stays above $67,000 I'm quite confident in it.We keep growing the Terramatris…

Investments |
Embedded thumbnail for France / Paris / Marseille / Disneyland

France / Paris / Marseille / Disneyland

In the summer of 2023, my family embarked on an unforgettable adventure through the heart of France. From the iconic landmarks of Paris to the serene lavender fields of Provence, our journey was a whirlwind of discovery, laughter, and cherished memories. But it wasn't just about experiencing the sights and sounds firsthand; it was about capturing those moments on film to relive and share with others.Our adventure began in the City of Lights,…

Travel guides |

How To Generate Captions (Text to Speech) in Adobe Premiere Pro

Lately I have been amazed by  the power of AI  and its capabilities in converting gibberish text-to speech into usable and readable articles. I keep recording YouTube videos for our Crypto hedge fund channel, I like YouTube as it generates auto caption from my spoken text. I then re-use this text with ChatGPT, making readable blog articles. Unfortunately, sometimes YouTube doesn't generate auto captions, don't know why, it happens. Thats how I…

Digital Photography School |

Jantar Mantar observatory in Jaipur

The Jantar Mantar, Jaipur is a collection of 19 astronomical instruments built by the Rajput king Sawai Jai Singh, the founder of Jaipur, Rajasthan. The monument was completed in 1734. It features the world's largest stone sundial, and is a UNESCO World Heritage Site. It is near City Palace and Hawa Mahal. The instruments allow the observation of astronomical positions with the naked eye. The observatory is an example of the Ptolemaic positional…

Tourism objects |

#31 TerraMatris Crypto Hedge Fund: Targeting $11/day from 1DTE put options on BTC, reinvesting in USDC, SOL & JUP

Greetings from Tbilisi, Georgia. We are already halfway of March, Spring is literally around the corner. Last week our humble crypto hedge fund grew to $1,699 (+$216) from trading 1 DTE put options on BTC. The growth was coming both from crypto options premium and crypto appreciation itself.Very likely we are going to crack $1,750 milestone this week, as long as BTC stays above $65,000 I'm quite confident in it.We keep growing the Terramatris…

Investments |

How To Sell Covered Calls with Solana on ByBit

ByBit is my new favorite crypto trading platform, I switched from Deribit to ByBit around August 2023, with the launch of TerraMatris crypto hedge fund. I like trading on Bybit because, unlike on the Deribit, options are settled in USDC, not in crypto itself, which makes it much easier to calculate and actually grow the portfolio.In this article I will shed some light on how I'm selling covered call options on Solana using ByBit trading platform…

Investments |

Hawa Mahal / Pink Palace in Jaipur

The Hawa Mahal is a palace in the city of Jaipur, Rajasthan, India. Built from red and pink sandstone, it is on the edge of the City Palace, Jaipur, and extends to the Zenana, or women's chambers.We visited this place at the end of December 2023, during our about 3 weeks trip to India, in the frames of our golden Triangle trip. Hawa Mahal was among our first stops in the city of Jaipur.Area around the palace is quite busy, just like everything…

Tourism objects |