#BreakingNews #Bitcoin #BTC #BTCUSD Margin Calls and Capitulation at $18,892 BTCUSD?
- Details
- Published: 14 July 2022 14 July 2022
- Hits: 245 245
Readers, like everyone else today in the Bitcoin BTCUSD
crypto market, I saw Bitcoin price retrace down
to $18,892ish! The plunge was caused by the inflation
news out this morning at 8:30 am etc. So was this the
"ca·pit·u·la·tion" moment along with inflation fears combined
with margin calls?
I have been in trading markets since right after the 1987
stock market crash. I guess that you can say that
"I am ex·pe·ri·enced".
Just a few weeks ago, the "M" word was being used in the
crypto markets. "M" = Margin Call\s etc. Now the "C' word
is being used in the crypto space. "C" = ca·pit·u·la·tion!
I may not make any fans saying this, however, I like when the "M" and
"C" words are used in markets. I have seen so many market corrections
in my trading and speculation time. I started purchasing my Bitcoin
way back in Dec. of 2019 and have purchase some of my Bitcoin, as
low as $5,500ish and then chased the Bitcoin BTCUSD breakout almost
to $70K! At one time, I estimate that I was up between 500,000 and
750,000 points on my Bitcoin BTCUSD position, only to give almost
all of that back, whew!
Two things that I have learned: 1. Don't use margin, thus no margin
calls (I own what I own). 2. Asymmetric risk: is the risk an investor
faces when the gain realized from the move of an underlying
asset in one direction is significantly different from the loss
incurred from its move in the opposite direction. Thus, my Bitcoin
BTCUSD position can only go to $0.00!
In my youth I used to try to "Buy Low and then Sell High". Now
I always use Asymmetric risk. I also always hedge my positions
with hard solid assets like physical .999 silver bullion. I always
build a "Bigger" boat anchor with assets that I hold, with
no counter party risk. Because of my speculation style, risk off
events can transpire and I am not emotional in my
positions \ speculations. I don't make as much as those that use
the margin, however I don't ever blow up either. Here is a
link to my Bitcoin trade positions for your review, what do you
think?: https://altcoingazette.com/index.php/bitcoin-btc-trades
Thanks Readers! Not Investment advice, opinion only!
#Breakingnews #Altcoingazette #initiates #Newscoverage of #Crypto #Zcash #ZECUSD Oversold?
- Details
- Published: 09 July 2022 09 July 2022
- Hits: 384 384
Exclusive: Readers, were taking a look at Zcash ZECUSD, looks way oversold
vs. Bitcoin? Also we may list StinkyLink Link and Zcash on our
UBAS System...Standby for details! This is for readers of the
Altcoingazette.com only!
Zcash - USD (^ZECUSD)
https://www.barchart.com/crypto/quotes/%5EZECUSD
#Survey #Question: Is #Cryptocurrency #ChainLink #LINK #LINKUSD way oversold here at $6.5500?
- Details
- Published: 09 July 2022 09 July 2022
- Hits: 143 143
Survey Question: Readers, take a look at Crypto Chainlink
LINK LINKUSD. Weighted Alpha-71.56.
My best guess is that LINKUSD rally back
up +50%, or 1/2 of the difference between
$38.2480 and $6.5500 or 16 + 6 = $22.00ish
for Stinkylink in the trading future?
$6.5500 +0.0800 (+1.24%), down from
$38.2480 in last 52 weeks.
Not Investment Advice, opinion only!
https://www.barchart.com
/crypto/quotes/%5ELINKUSD
#Breakingnews #Altcoingazette #initiates #Newscoverage of #Crypto #ShibaInu #SHIB #SHIBUSD!
- Details
- Published: 08 July 2022 08 July 2022
- Hits: 351 351
So we are way late to the dance on SHIB.
https://shibatoken.com/