Posts

Showing posts from August, 2018

More Quick Crypto Updates

Image
Since my last post, crypto tanked - again - and made fresher lows. A lot of people might have suspected that I have killed myself with crypto tanking so hard like a beech lately. Unfortunately, I am still alive. With the markets making crazy moves, I've been busy making moves as well. Talking shit on my blog comes secondary to making money, as many of you would also probably agree. I've so many posts drafted and waiting to be cleaned up before posting, but obviously the market is more important. This will just be a quick one, but the main gist of it: I was buying AND leveraging up. lol if you're bearish, how low do you think it'd go? my entries my current unrealised P&L on them Biggest question on everybody's mind right now: GMGH are you still in profits? The answer: Yes, I am still in profits. As I've always said, crypto is a dangerous game to play. If you have no idea what you're doing, you WILL get destroyed. Oh, also for people that think I'm ret...

Quick Crypto Musings

Image
- the hype in the space has been mostly cleared imo - most of the quick flipping degens have either rage quit, or are down at least -50% from capital (stuck, refusing to book a loss) - BTC and ETH looks great to me (I am contrarian) - ETH looks much better FA and TA wise - BTC has the better branding, and will be the 1st port of call for fresh funds (retail and institutional alike) - my play on the majors is buying ETH to front run the ETH/BTC pump that will eventually come (could be months or quarters away) - ETH/BTC looks insanely delicious at the 0.055 ratio that it sits on now - if ETH/BTC ratio doesn't hold, I'll be in a world of pain for a long time, til ETH can push out protocol upgrades (and that is the month or quarters away) - some major alts are down 80-95% - many people are totally disavowing alts..... but now? lol sheep signalling - the time to capitulate out of alts was a long time ago - regardless of terrible fundamentals, they will pump, eventually - betting AGA...