Are We About To Flash Crash!?
As I found myself euphoric over all the great profits I had going into the weekend, excitedly making excuses to go further into leverage and go long even more buying the dips, a shiver went down my spine... I've been here before, and the thought hits me, are we about to flash crash!?
Put together this little mock up for my own purposes, trying to imagine the best and the worst (as is the case for this post) for what could transpire.
I've reduced my margin long positions, allocated staged USDT on the sideline, and calculated 30-40% correction prices for all my favorite altcoins. With that, I've implemented staggered limit buy orders at extremely low prices clustered typically around fibs, for everything. I still am maintaining sizeable holdings, I just however am not going deep into longs and leverage. Sharing the words of caution.
Do I think we're bullish and I'm probably being overly cautious, yeah sure. But... What if this does play out? I sure wouldn't want to regret not taking precautions when I coulda woulda shoulda.
As I found myself euphoric over all the great profits I had going into the weekend, excitedly making excuses to go further into leverage and go long even more buying the dips, a shiver went down my spine... I've been here before, and the thought hits me, are we about to flash crash!?
Put together this little mock up for my own purposes, trying to imagine the best and the worst (as is the case for this post) for what could transpire.
I've reduced my margin long positions, allocated staged USDT on the sideline, and calculated 30-40% correction prices for all my favorite altcoins. With that, I've implemented staggered limit buy orders at extremely low prices clustered typically around fibs, for everything. I still am maintaining sizeable holdings, I just however am not going deep into longs and leverage. Sharing the words of caution.
Do I think we're bullish and I'm probably being overly cautious, yeah sure. But... What if this does play out? I sure wouldn't want to regret not taking precautions when I coulda woulda shoulda.
관련 발행물
면책사항
이 정보와 게시물은 TradingView에서 제공하거나 보증하는 금융, 투자, 거래 또는 기타 유형의 조언이나 권고 사항을 의미하거나 구성하지 않습니다. 자세한 내용은 이용 약관을 참고하세요.
관련 발행물
면책사항
이 정보와 게시물은 TradingView에서 제공하거나 보증하는 금융, 투자, 거래 또는 기타 유형의 조언이나 권고 사항을 의미하거나 구성하지 않습니다. 자세한 내용은 이용 약관을 참고하세요.