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alechp
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Shorted an
alt
to hedge some freshly filled
BTC
longs and the alt is moving so little so slowly that I think alt sellers are finally out of coins.
#BTC
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alechp
@alechp
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Permabear charts always crack me up cuz we’ll puke 5% and they start zooming out to 2017 on the best performing asset of our lifetime Gaybear dunks aside, can see why they’re confident over the betabulls (I’m long atm, plz up to 109) Last SFP on 1W was quite the elevator down (tariffs had significant impact ofc)
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LCR challenge update (TLDR: ongoing challenge where I skip risk mgmt & test degenerate lev strats on dust) > week ago > violated no double directional rule (ie. only one asset can be long or short at a time; can bet second position but only to hedge) > long BTC, SOL, ETH > wick down > partially liquidated > down to <20% of initial deposit > thought about re-loading but have a no-deposit rule (ie. either need to surrender & start fresh on new acct or grind it out) > opted to grind it out > bought too early but in profit for end of the BTC move back up (109% return on pos) > account back up to >30% of initial dust > short BTC 30% on 100x (30% is minimum i'm allowed to bet on this acct) Still learning but enjoying the process
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Algo
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P sure you could trade an entire macro cycle based on @gainzy222 sentiment 1. Screaming at founder? Buy immediately 2. Shilling reflinks? DCA 3. Challenging anons with 100 followers to bet? TWAP out over 6mo
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Crypto’s standards are so low we have people defending this
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