Lethal
Early Adopter: Recognition for being an early adopter and trailblazer on Crypto Parrot
30 Trades: Successfully completed 30 trades
@Lethal
Joined May 2019
California
Been in the crypto game since 2013. Follow me at https://steemit.com/@hotsauceislethal for more in depth Technical Analysis.
Need to offset my alt-coin risk by moving back into cash or BTC for now. Cutting down to only 32 ETH to symbolize the (proposed) minimum staking requirement for the new Proof Of Stake algo that should roll out soon.
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Lowering my risk by cutting my position in alt-coins. BTC's strength is sapping the rest of the market of price action and causing constant price erosion. Better to have some cash behind as a hedge for any further dips!
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Going long on STEEM! Taking a VERY risky position at 1X leverage (LOL).
The price is lagging behind other altcoins because there simply aren't enough active markets or liquidity. Sometimes you gotta take a longshot for it to pay off and just trust your gut instinct!
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Lethal
Alternative portfolio: Bitcoin Maximalist
9 May, 2019
+25.0000 BTC
5 x Closed Long @ $ 6,300.90
Going long on Bitcoin today because it is showing a LOT of strength and I don't think it's quite done cannibalizing the alt-coins yet. Going long means I believe the price will go up therefore I am BUYING now with 5x leverage in the hopes to sell higher later and keep the difference in profit.
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I'm setting what is called a "Limit Order" rather than a "Market Order".
This allows me to name my own price and pay less than the going rate. When the price dips to that level my buy order will be filled automatically for me :)
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