SHORTED ETH

in #ether7 years ago

Taking into account recent news (BCC/BCH), and now the new rumour of a new split (yes imagine having 3 different chains).

Yesterdays soar in prices in which we reached a new all time high for BTC (The sum of BTC and BCC/BCH market cap), and the reocovering of the overall market to 92.5 Bn market cap.
Based on my experience in FX, stocks and crypto trading and technical-fundamental analysis, I just decided to short ETH at around $221.00, hopefully closing the operation at $208.00 with a stop loss at $228.00.
This is very risky since volatility made it really hard to tell, so you could say it´s just a wild guess.

DISCLAIMER
This is my personal own decission never take my opinion as a financial advice.
Past returns do not guarantee future returns.
The decissions you make are your own responsability and if you want to invest in any strategy or asset you should only put money that would not compromise your financial stability.
No one should make any investment decision without first consulting his or her own financial advisor and conducting his or her own research and due diligence.
Your use of the information on this "blog" or materials linked from the Web is at your own risk.
This account disclaims any and all liability in the event any information, commentary, analysis, opinions, advice and/or recommendations prove to be inaccurate, incomplete or unreliable, or result in any investment or other losses.

Sort:  

why we don't co-operate?!
follow me
lets help each other

Congratulations @alan1! You have completed some achievement on Steemit and have been rewarded with new badge(s) :

You got a First Reply
Award for the number of upvotes received

Click on any badge to view your own Board of Honor on SteemitBoard.
For more information about SteemitBoard, click here

If you no longer want to receive notifications, reply to this comment with the word STOP

By upvoting this notification, you can help all Steemit users. Learn how here!