Hello friends,
I shorted as above, you can check my lost post for the evidence of that. I was not by a computer when I placed the trade - did it on my phone. I could not for some reason make a post from my phone...
Anyways, pretty confidenct btc has made a local top and is ready to take a shit. I know I am (just had a big lunch)
Let's make it a great year dear readers,
Shkreli
PS, if too lazy to read last post, shorted 38500 with 5% risk (now less because lowered stop), stop is 41000.
PSS It is funny to me that people use leverage ala the bitmex way to take maximum risk, I use leverage often to take on less risk than what I can afford. Ie if I have 5 dollars, I borrow 3 to short instead of shorting $5 worth etc. Reason being is that I can get liquidated and not have to worry about anything more than the collateral I posted. Allows you to take larger positions while actually risking very little (relatively large)
I shorted as above, you can check my lost post for the evidence of that. I was not by a computer when I placed the trade - did it on my phone. I could not for some reason make a post from my phone...
Anyways, pretty confidenct btc has made a local top and is ready to take a shit. I know I am (just had a big lunch)
Let's make it a great year dear readers,
Shkreli
PS, if too lazy to read last post, shorted 38500 with 5% risk (now less because lowered stop), stop is 41000.
PSS It is funny to me that people use leverage ala the bitmex way to take maximum risk, I use leverage often to take on less risk than what I can afford. Ie if I have 5 dollars, I borrow 3 to short instead of shorting $5 worth etc. Reason being is that I can get liquidated and not have to worry about anything more than the collateral I posted. Allows you to take larger positions while actually risking very little (relatively large)
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Also, expecting a big winner, because probability of returning to 20,000 is p high and Im gonna ride it that way down. Still in an uptrend so you never know.
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stop moved to 39000, so not very much risk at all at this point and still a lot of upside.
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currently up 12%. This is a trade that would be enough for an entire year really.