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RE: BITCOIN (BTC) Buy Ladder Update: FOUR Rungs FILLED and Profitable! This is the Power of Laddering!!

in #bitcoin7 years ago

As you can see from earlier post, I'm selling BTC for profit. I'm buying Alts for a swing.

The % allocations don't matter. Im laddering heavy into NEO, BCH, ZEN and others.

It's important to know that once BTC trend turns back down, Alts will follow.

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so you're selling BTC for profits in USD.... and buying ALTS with USD? or using some BTC to buy ALTS?

Yes, I sell for USD cash. The deploy the cash to buy Alts. I rarely go from BTC to Alts. Trading fees are negligible.

How about Monaco? It had a bull run thanks to getting listed on more exchanges. I'm putting my money on NEO, MCO, WTC,SNM

@Haejin so once BTC starts to drop to bottom of wave IV ALTs will turn Phasic again and also drop (assuming they haven risen over next few days)?