Is the crypto winter over?

Your downside profit target price hit? Good call. Are you flipped to the long side on btc now?

I'm down $1k on my last btc add

 

NFA, just an update on this altcoin position. $Rune was my only altcoin position but got forced into going long $Cake (tl;dr) which is not doing bad

$23k risk capital investment when I posted $Rune a month and half ago is now worth over $71k m2m

No plans to sell at this time, all profits and capital still at risk


https://www.coingecko.com/en/coins/thorchain

 

I'm not sure about today's rally, so I took a small short position at 37755 earlier.

BTW SL is just above 38100 and PT at 36800

 

Hope you're all doing okay.

 

Will be jumping in long at 36,000. C'mon, any minute now.

 

Unloaded at 36500. Will reassess over the weekend. It could go higher from here but the downside risk is also great IMO.

 

Just a reminder that bitcoin trades worldwide 24/7

Does your trading platform stop trading? I think CME does, but don't really know for certain

 

Yeah, I know. But I have a nasty feeling something might go down over the weekend. Will have to see.

Anyway, CME is closed until 8PM EST on Sunday.

 

Something in the charts?

I thought btc was going to sell off when the ETF announcement didn't happen yesterday, almost closed my $Rune position, but decided to go to sleep and stay a degen

That's too much risk-exposure for CME participants. I read somewhere that CME may go 24/7 in the future, no pun intended

Coinbase and Gemini are opening up shop offshore for perpetual futures trading. dex is still better than cex

 

BTC only makes up a fraction of my overall portfolio, so I ain't too concerned.

Yeah, I might jump ship in the near future and trade dex. But frankly, the security part is too much of a bother (you know, the risk of being hacked and all). I'm a simple trader. Just focusing on charts is hard enough. I don't want to get caught up worrying about these other issues, or the probability of that ever happening.

But you're right. I don't understand why there are so much restrictions placed on BTC here in the states. No BTC!, no CFD!, no This!, no That! Is this to protect the small guys or the wall street? Probably the latter.