Voluntarist007

Rebalancing

Voluntarist007 Actualizado   
BITSTAMP:BTCUSD   Bitcoin
Rebalanced from 85% Cash, 5% traditional commodities, 5% bitcoin and crypto*, to 75% cash, 5% traditional commodities, 15% bitcoin and crypto.

Only the best quality, Bitcoin (BSV), Ethereum (ETH), Cardano (ADA), Solana (SOL), Polygon (Matic), and Crypto.com (CRO).

Further downside is totally possible, maybe 50/50 odds, obviously I have substantial cash reserves and can buy on lower prices, and will, but 90% cash and commodities is a bit extreme for me, even in my trading account.

* Not including equities, bonds and cash held in accounts managed by others (about another 25% in those).
Comentarios:
Panic has set in and market is in free fall, home sweet home.

Buying heavily, doubled BSV, ETH, SOL, ADA and CRO positions, increased commodities by 50%. Spent 10% of cash reserves. 2/3 in cash now.

BSVBTC worth watching!
Comentarios:
Bitcoin broken on weekly against several other coins. USD only short term resistance. SOL at resistance.

s3.amazonaws.com/tra...shots/c/cbtaBjH8.png
Comentarios:
Bitcoin vs 10d resistance USD, BTC, ETH, SOL, ADA, BCH
s3.amazonaws.com/tra...shots/n/N2BSSZF7.png
Comentarios:
Bitcoin vs monthly resistance
Looking good except below USD resistance. The issue is as Bitcoin becomes popular will it cause a crash in other coins priced in USD especially BTC? Which in turn could crash the whole market including Bitcoin. Hard to say so have to balance this risk vs lacking exposure to Bitcoin.
s3.amazonaws.com/tra...shots/q/q0GkryGJ.png
Operación cerrada manualmente:
Price action is too weak for my liking. Close out even. It's ok, but wasn't what I had expected.
Exención de responsabilidad

La información y las publicaciones que ofrecemos, no implican ni constituyen un asesoramiento financiero, ni de inversión, trading o cualquier otro tipo de consejo o recomendación emitida o respaldada por TradingView. Puede obtener información adicional en las Condiciones de uso.