vitsha

I personally don't like short positions, especially with BTCUSD pair. However there are a few triggers that may cause crypto market to fall.1. Stock market fall. Nasdaq has touched its ATH. And it is a strong resistance level.2. SEC can delay spot bitcoin applications again. So January 2024 is a very important month.3. Last week BTC recorded $ 860 million worth of net inflows into crypto exchanges (accoording to IntoTheBlock analytics company). If we count this amount in BTC its not much, just about 20 000 BTC or 0.1 % of all current allocation. But we don't know how many bitcoins have been sold in OTC market. Big players always hide what they do.If all three triggers work together, the crypto market will be down. That is why I'd like to discuss how to hedge your long positions.The best way to hedge our investments is to see what institutional crypto investors do.Accoording to Coinshares YTD BTC flows is ~ 1.7 Billion while BTC short is ~ $ 62 million.Here is how to count the size of our hedge short position. To divide: 1 700 000 000 / 62 000 000 = ~ 25.So If we want to hedge long positions in the bull market our profit / loss ratio should be 25 / 1For example if you have invested in BTC, say, $ 100 k, your short position in BTC should be = 4 k. But I strictly urge you, don't open margin positions. x1 is a must (not x2 or x3) in crypto futures.If you open x1 short BTC position now, your liquidation should be at ~ $ 80 k for 1 BTC. But if 1 BTC = $ 80 k , you have ~ $ 200 k ($ 100 k in profit) and you lose only $ 4 k. That is very profitable, isn't it!It is better to open BTCUSD hedge short position in the range of $ 40k and $ 50 k. The higher the better, because your liquidation will be higher and you will have more profit if the crypto market is down. The higher you open your short position the better in both ways.I opened my x1 hedge short position BTC Perpetual/USDT at $ 42 664. Since bitcoin can go up to $ 48 - 52 k in the nearest future, I left 50 % of my hedge money for that price to make my short position stronger.My liquidation now is at $ 85 k for 1 bitcoin but if I'm liquidated at $ 85 k, I will have huge profit from my long position. I urge you again - don't open margin short positions in the bull market. You can have big loss if you do so.Here is a question. What can be with your short position if bitcoin goes higher and hits ATH? Moreover bitcoin can cost at last $ 100 000 . The sweet number all bitcoin hodlers have been waiting since 2017.My short bitcoin position will be liquidated. But since I opened it in the bull market and my profit / loss ratio is 25/1, I will be very happy when my short position is liquidated. My profit is $ 100 k for every $ 100 k I have invested in bitcoin after liquidation and my loss is only $ 4k.But if bitcoin dumps in the beginning of 2024 I will at least have some profit which I use to buy more bitcoin.Please, write in the comments who else opens BTC hedge short positions in the start of crypto bull market. And who doesn't open. And why.I'd like to ask you as well, how do you think - will crypto market go down in the beginning of 2024 year (and bitcoin will go under $ 40 k) or we have the great bull run with bitcoin going higher it's ATH?This is my final idea for this year. If there is no "black swan event" there maybe no correction at all and bitcoin price may hit it's ATH in 2024.But also crypto market may be down if bitcoin goes under $ 40 000. Bitcoin can dump to $ 30 000 - 32 000.That is why I opened my hedge short position and also have some USD (in stablecoins) in my portfolio.So Happy New Year, bitcoin.I'd like to tell you the truth. If you open a short or long MARGIN position now, you will probably lose your money.We are in the beginning of a huge bull run. It will start when the USA Federal Reserve System cuts its key interest rate in the nearest future.There are also rumors that spot Bitcoin ETFs could be approved soon.Despite everything big players will start collecting liquidity both short and long when the news appear. And they will take your money too. This is how it always works.However you can still open a hedge short BTCUSD position now using the simple math I gave you before. If bitcoin dumps under $ 40 K you will at least have some profit.Besides that I also keep 20 % in USD of my all cryptocurrency allocattion (in stablecoins) to buy strong altcoins if bitcoin dumps.But I keep 80 % in BTC, ETH and other strong cryptos for the following huge crypto bull run.I decided to sell more bitcoin after the fake news about bitcoin ETF approval. SEC X official account was hacked recently and someone published a message that all bitcoin ETFs had been approved.Actually all crypto is very toxic and manipulative. Especially before bitcoin halving.SEC USA approves BTC ETFs. Fear and Greed index is at 73. Strong Greed. Usually sales start at this level. But I don't recommend to sell much. If there is no "black swan event", bitcoin will not fall very low. Look at the charts of bitcoin in 2016 year. So it is better to HODL and have a small hedge short position.Closed my hedge short position after SEC had approved spot bitcoin ETFs.

I'd like to ask a question: why is crypto still rising? We can find the answers in history.But first I want to tell you that the bull market will long for the other two years from now on.Surely there may be short squeezes to $ 30 000 for bitcoin or even lower. However the main direction for the crypto market is long.The matter is more and more people join crypto market.Do you remember the time when Elon Mask said that Tesla bought bitcoin?But I'd like you to pay attention that before Tesla bought bitcoin there was the GREAT FLOOD OF MONEY into Tesla. Let's see when it happened on its chart (pick 'All time' on the chart):TSLA1. Someone started to put big money into Tesla in the beginning of 2020 year. Just before the COVID market crash. 2. After that in Summer of 2020 Michael Saylor said that MicroStrategy will start to accumulate bitcoin.3. And in the end of 2020 Elon Mask said that Tesla bought bitcoin for $ 1.5 billion. 4. Despite China banned bitcoin mining in 2021 Cathie Wood, Jack Dorsey, & Elon Musk expanded the price of bitcoin to the new ATH at the end of 2021. Search Google for "The ₿ Word | Live with Cathie Wood, Jack Dorsey, & Elon Musk" to see their show.But let's come back to the current cycle of crypto market which started from bitcoin crash in 2022 year.5. In August of 2022 the biggest investment company of the world BlackRock started its cooperation with Coinbase. Their investment platform Aladdin was connected to Coinbase Prime.6. On the 27th of September 2022 BlackRock opened an ETF fund: iShares Trust iShares Blockchain and Tech ETF. 7. On the 15 of June 2023 BlackRock's iShares Files Paperwork for Spot Bitcoin ETF.After that a lot of money started to come to the crypto market. According to CoinShares from the beginning of 2023 institutions invested to bitcoin and other cryptocurrencies more than $ 1.8 billion. Over 1.6 billion of that money were invested in bitcoin.I believe that now we are only in the beginning of the crypto bull run!If you analyze the BTCUSD chart today:BTCUSDyou can see how a short squeeze in the bull market looks like.You can ask me a question: "What you would do now in the crypto market to make money?" I have two answers:1. We see that the price of bitcoin didn't go over $ 45 k. It may go but I believe that the bull market is still weak now. So I suppose that the price of bitcoin will not go over $ 45 k , say, in the nearest half a year.In the current cycle if the price of bitcoin will go under $ 20 k again, many will start to sell. Remember - when FTX crypto exchange collapsed , almost 7000 of BTC was sold immediately. So I suppose that the price will not touch $ 20 k again.So we have a range. If I have a trading bot I would trade in this range between $ 20 k (for the low) and $ 45 k (for the high). In one of crypto exchanges I saw a bot that made $ 300 000 for half a year trading BTC/USDT pair.2. If I don't have a position in crypto at all and have , say , $ 10 k now, I would start to buy every month the following cryptocurrencies for $ 1 k: 5 % of bitcoin (BTC), 3 $ of Ethereum (ETH) and 2 % of Ripple (XRP). But I would start to buy not in December 2023, but in January 2024 and do that every month for 10 months.1. We don't know for sure now if bitcoin price goes up and breaks $ 45 k, or it goes down under $ 40 k.But the trigger to open your position with a trading bot within the range $ 20 k for the low level of price and 45 k for the high one is when the price of bitcoin goes under $ 40 k.I will update this idea when it happens that you know for sure I have entered into BTCUSDT position with a trading bot.If you don't know how to open positions with a trading bot, write me in comments. If there are many comments with questions about trading bots, I will start to teach my subscribers how to use trading bots to not lose money.2. I already have my positions in BTC which I bought under $ 20 k and in ETH which I bought at ~ 0.05 BTC for ETH.If you look at the ETHBTC chart: ETHBTCyou can see that the support is at 0.05 BTC for ETH. However I have 50 % of BTC in my portfolio and only 10% of ETH now. I will rebalance my portfolio for BTC and ETH in the right time.But I don't have any Ripple in my portfolio , so I'm going to buy XRP every month for 10 months starting in January 2024.I will open a long XRP idea when I start to buy XRP.1. You can ask me another question: Why do you open a long position (opened positions with a trading bot in the spot market are always long) while the market is falling?1.1 Because we will have a global bull crypto market in the nearest future.1.2 We never know how low can the price go.1.3 If we use Fibonacci levels , we can pay attention at the Zero level (~ $ 34 k) and - 27 ($ 24 k)1.4 One of the commenters said that the price can go to the range $ 31 to 32 k. If I open position in bitcoin with a trading bot under $ 40 k, first time I will close my position at $ 31 to 32 k, because it really sounds good. I will close it into BTC + USDT (because I use USDT stablecoin in the exchange where I trade). After that I transfer BTC to a cold storage wallet and for USDT I will open a new BTC/USDT position with a trading bot (I will tell you when this happens).That is what I'm going to do with BTCUSD pair in the nearest future.Bitcoin is trading in the range $ 40 - 44 k. If it falls under $ 40 k I will open a long BTCUSD position with a trading bot. My goal is to win more bitcoin with a trading bot before the strong crypto bull run.

I'd like to ask a question: why is crypto still rising? We can find the answers in history.But first I want to tell you that the bull market will long for the other two years from now on.Surely there may be short squeezes to $ 30 000 for bitcoin or even lower. However the main direction for the crypto market is long.The matter is more and more people join crypto market.Do you remember the time when Elon Mask said that Tesla bought bitcoin?But I'd like you to pay attention that before Tesla bought bitcoin there was the GREAT FLOOD OF MONEY into Tesla. Let's see when it happened on its chart (pick 'All time' on the chart):TSLA1. Someone started to put big money into Tesla in the beginning of 2020 year. Just before the COVID market crash. 2. After that in Summer of 2020 Michael Saylor said that MicroStrategy will start to accumulate bitcoin.3. And in the end of 2020 Elon Mask said that Tesla bought bitcoin for $ 1.5 billion. 4. Despite China banned bitcoin mining in 2021 Cathie Wood, Jack Dorsey, & Elon Musk expanded the price of bitcoin to the new ATH at the end of 2021. Search Google for "The ₿ Word | Live with Cathie Wood, Jack Dorsey, & Elon Musk" to see their show.But let's come back to the current cycle of crypto market which started from bitcoin crash in 2022 year.5. In August of 2022 the biggest investment company of the world BlackRock started its cooperation with Coinbase. Their investment platform Aladdin was connected to Coinbase Prime.6. On the 27th of September 2022 BlackRock opened an ETF fund: iShares Trust iShares Blockchain and Tech ETF. 7. On the 15 of June 2023 BlackRock's iShares Files Paperwork for Spot Bitcoin ETF.After that a lot of money started to come to the crypto market. According to CoinShares from the beginning of 2023 institutions invested to bitcoin and other cryptocurrencies more than $ 1.8 billion. Over 1.6 billion of that money were invested in bitcoin.I believe that now we are only in the beginning of the crypto bull run!If you analyze the BTCUSD chart today:BTCUSDyou can see how a short squeeze in the bull market looks like.You can ask me a question: "What you would do now in the crypto market to make money?" I have two answers:1. We see that the price of bitcoin didn't go over $ 45 k. It may go but I believe that the bull market is still weak now. So I suppose that the price of bitcoin will not go over $ 45 k , say, in the nearest half a year.In the current cycle if the price of bitcoin will go under $ 20 k again, many will start to sell. Remember - when FTX crypto exchange collapsed , almost 7000 of BTC was sold immediately. So I suppose that the price will not touch $ 20 k again.So we have a range. If I have a trading bot I would trade in this range between $ 20 k (for the low) and $ 45 k (for the high). In one of crypto exchanges I saw a bot that made $ 300 000 for half a year trading BTC/USDT pair.2. If I don't have a position in crypto at all and have , say , $ 10 k now, I would start to buy every month the following cryptocurrencies for $ 1 k: 5 % of bitcoin (BTC), 3 $ of Ethereum (ETH) and 2 % of Ripple (XRP). But I would start to buy not in December 2023, but in January 2024 and do that every month for 10 months.1. We don't know for sure now if bitcoin price goes up and breaks $ 45 k, or it goes down under $ 40 k.But the trigger to open your position with a trading bot within the range $ 20 k for the low level of price and 45 k for the high one is when the price of bitcoin goes under $ 40 k.I will update this idea when it happens that you know for sure I have entered into BTCUSDT position with a trading bot.If you don't know how to open positions with a trading bot, write me in comments. If there are many comments with questions about trading bots, I will start to teach my subscribers how to use trading bots to not lose money.2. I already have my positions in BTC which I bought under $ 20 k and in ETH which I bought at ~ 0.05 BTC for ETH.If you look at the ETHBTC chart: ETHBTCyou can see that the support is at 0.05 BTC for ETH. However I have 50 % of BTC in my portfolio and only 10% of ETH now. I will rebalance my portfolio for BTC and ETH in the right time.But I don't have any Ripple in my portfolio , so I'm going to buy XRP every month for 10 months starting in January 2024.I will open a long XRP idea when I start to buy XRP.1. You can ask me another question: Why do you open a long position (opened positions with a trading bot in the spot market are always long) while the market is falling?1.1 Because we will have a global bull crypto market in the nearest future.1.2 We never know how low can the price go.1.3 If we use Fibonacci levels , we can pay attention at the Zero level (~ $ 34 k) and - 27 ($ 24 k)1.4 One of the commenters said that the price can go to the range $ 31 to 32 k. If I open position in bitcoin with a trading bot under $ 40 k, first time I will close my position at $ 31 to 32 k, because it really sounds good. I will close it into BTC + USDT (because I use USDT stablecoin in the exchange where I trade). After that I transfer BTC to a cold storage wallet and for USDT I will open a new BTC/USDT position with a trading bot (I will tell you when this happens).That is what I'm going to do with BTCUSD pair in the nearest future.Bitcoin is trading in the range $ 40 - 44 k. If it falls under $ 40 k I will open a long BTCUSD position with a trading bot. My goal is to win more bitcoin with a trading bot before the strong crypto bull run.

I'd like to ask a question: why is crypto still rising? We can find the answers in history.But first I want to tell you that the bull market will long for the other two years from now on.Surely there may be short squeezes to $ 30 000 for bitcoin or even lower. However the main direction for the crypto market is long.The matter is more and more people join crypto market.Do you remember the time when Elon Mask said that Tesla bought bitcoin?But I'd like you to pay attention that before Tesla bought bitcoin there was the GREAT FLOOD OF MONEY into Tesla. Let's see when it happened on its chart (pick 'All time' on the chart):tradingview.com/symbols/NASDAQ-TSLA/1. Someone started to put big money into Tesla in the beginning of 2020 year. Just before the COVID market crash. 2. After that in Summer of 2020 Michael Saylor said that MicroStrategy will start to accumulate bitcoin.3. And in the end of 2020 Elon Mask said that Tesla bought bitcoin for $ 1.5 billion. 4. Despite China banned bitcoin mining in 2021 Cathie Wood, Jack Dorsey, & Elon Musk expanded the price of bitcoin to the new ATH at the end of 2021. Search Google for "The ₿ Word | Live with Cathie Wood, Jack Dorsey, & Elon Musk" to see their show.But let's come back to the current cycle of crypto market which started from bitcoin crash in 2022 year.5. In August of 2022 the biggest investment company of the world BlackRock started its cooperation with Coinbase. Their investment platform Aladdin was connected to Coinbase Prime.6. On the 27th of September 2022 BlackRock opened an ETF fund: iShares Trust iShares Blockchain and Tech ETF. 7. On the 15 of June 2023 BlackRock's iShares Files Paperwork for Spot Bitcoin ETF.After that a lot of money started to come to the crypto market. According to CoinShares from the beginning of 2023 institutions invested to bitcoin and other cryptocurrencies more than $ 1.8 billion. Over 1.6 billion of that money were invested in bitcoin.I believe that now we are only in the beginning of the crypto bull run!If you analyze the BTCUSD chart today:tradingview.com/symbols/BTCUSD/you can see how a short squeeze in the bull market looks like.You can ask me a question: "What you would do now in the crypto market to make money?" I have two answers:1. We see that the price of bitcoin didn't go over $ 45 k. It may go but I believe that the bull market is still weak now. So I suppose that the price of bitcoin will not go over $ 45 k , say, in the nearest half a year.In the current cycle if the price of bitcoin will go under $ 20 k again, many will start to sell. Remember - when FTX crypto exchange collapsed , almost 7000 of BTC was sold immediately. So I suppose that the price will not touch $ 20 k again.So we have a range. If I have a trading bot I would trade in this range between $ 20 k (for the low) and $ 45 k (for the high). In one of crypto exchanges I saw a bot that made $ 300 000 for half a year trading BTC/USDT pair.2. If I don't have a position in crypto at all and have , say , $ 10 k now, I would start to buy every month the following cryptocurrencies for $ 1 k: 5 % of bitcoin (BTC), 3 $ of Ethereum (ETH) and 2 % of Ripple (XRP). But I would start to buy not in December 2023, but in January 2024 and do that every month for 10 months.1. We don't know for sure now if bitcoin price goes up and breaks $ 45 k, or it goes down under $ 40 k.But the trigger to open your position with a trading bot within the range $ 20 k for the low level of price and 45 k for the high one is when the price of bitcoin goes under $ 40 k.I will update this idea when it happens that you know for sure I have entered into BTCUSDT position with a trading bot.If you don't know how to open positions with a trading bot, write me in comments. If there are many comments with questions about trading bots, I will start to teach my subscribers how to use trading bots to not lose money.2. I already have my positions in BTC which I bought under $ 20 k and in ETH which I bought at ~ 0.05 BTC for ETH.If you look at the ETHBTC chart: tradingview.com/symbols/ETHBTC/?exchange=COINBASEyou can see that the support is at 0.05 BTC for ETH. However I have 50 % of BTC in my portfolio and only 10% of ETH now. I will rebalance my portfolio for BTC and ETH in the right time.But I don't have any Ripple in my portfolio , so I'm going to buy XRP every month for 10 months starting in January 2024.I will open a long XRP idea when I start to buy XRP.1. You can ask me another question: Why do you open a long position (opened positions with a trading bot in the spot market are always long) while the market is falling?1.1 Because we will have a global bull crypto market in the nearest future.1.2 We never know how low can the price go.1.3 If we use Fibonacci levels , we can pay attention at the Zero level (~ $ 34 k) and - 27 ($ 24 k)1.4 One of the commenters said that the price can go to the range $ 31 to 32 k. If I open position in bitcoin with a trading bot under $ 40 k, first time I will close my position at $ 31 to 32 k, because it really sounds good. I will close it into BTC + USDT (because I use USDT stablecoin in the exchange where I trade). After that I transfer BTC to a cold storage wallet and for USDT I will open a new BTC/USDT position with a trading bot (I will tell you when this happens).That is what I'm going to do with BTCUSD pair in the nearest future.Bitcoin is trading in the range $ 40 - 44 k. If it falls under $ 40 k I will open a long BTCUSD position with a trading bot. My goal is to win more bitcoin with a trading bot before the strong crypto bull run.