Since the Luna incident, I have completely quit contracts and have become more conservative in spot trading. In the past, I would open positions with 20x or 50x leverage, but now I only use 2x for hedging. I opened a short position at 91000 and have been swing trading, bringing my cost up to 95000. I am quite satisfied with this position and won't make any moves until the day of BTCB redemption. $BTC #BTC

Currently, Bitcoin has rebounded by almost 20,000 points, and some altcoins I am following have doubled or tripled. It's about time to take profits and wait for the next opportunity.