*** Post is for entertainment purposes only. NFA *** Last time that we had horrible news with 3AC, BlockFi, Celsius and Voyager, BTC traded down to $17k, then within a few days was up a couple of thousand $ This time around, we had a much worse news with FTX-Alameda combo and BTC traded down to $15k level and now at $16k level I think it's a good sign and I went long bitcoin perpetual futures at ~$16.6k ---------- PS: This counters the narrative Johnny is short crypto, but I may still short if I see an opportunity like what took place with FTT
*** Post is for entertainment purposes only. NFA *** Meh, got shaken out of my position, closed the btc perp futures long position $17.16k level Scary red candle, don't even have time to look for news. Anyway, profit is profit, flat on my perp futures account
*** Post is for entertainment purposes only. NFA *** Long btc perp futures @ $16,799 stop loss @ $16,200
*** Post is for entertainment purposes only. NFA *** Closed the long btc perp futures position @ $17,128 flat on the perp futures account Post commentary trade: Stock market up for the week with the tech and growth stocks being the best performers With all the bad news on cryptos and cnbc discussing them 3-4 times per hour, the low for btc was $16,333 (on the perp futures), hence my stop loss at $16,200 Dollar DXY down big today Reasoning for the trade: After the stock market casino closes We got a bunch of gambling addicts that are feeling euphoric and needs to gamble some more and with positive pnl for the week are all too loose and confident looking for the next high - buy bitcoin Money on the sidelines feeling fomo, missed out on the big stock market casino gains - buy bitcoin I'll look to buy a discounted price on the bitcoin perp futures this weekend and see if this plays out to my benefit
Can you please stop posting this "disclaimer" before every post you make? It is not necessary, and is very distracting for the thread. You mentioned it in the OP a long time ago. We don't need to keep seeing it. Thank you.
I agree with you this is not necessary. Ok, I'll stop posting it, but maybe a low-key nfa on some of the posts is not too bad
No, it is not needed, period...I never thought I would have to say this but.... Crypto folks are crazy.
Tight trading range on btc perp futures today. I prefer it as low-risk but also low-reward Looking to go long $16,750 with stop loss $16,500 nfa
Still no position, has not hit my entry price I don't think I've evern seen a trading range this small on btc perpetual futures, about $120 for 9 hours BTC could have a nice move on the direction it breaks into. I think it's up, but then again I'm a perma-bull People are wondering where are the liquidation cascades of cryptos? There may not be one since FTX has been dumping them for a long time, they do not have any more cryptos to sell and neither do the FTX customers The holders don't realize they have the bitcoin and other crypto assets in their local wallets as they bought the dips from $69K It's sad that all the media news may be scaring them into selling now...