5Mon·

To all those who are currently trading Shitcoins in the short termI'm slowly getting weak. I should actually be following my strategy, but the gains are too juicy.

My plan is actually to let the Shitcoins run for a bit over the WE at max. lev (3x for me) to take the retailer FOMO with me and conservatively tighten the stops - max. until Monday US opening. And then to run small spot hedges at least for Mon/Thu, depending on the strength, and then to extend longs again.

How do you do it? my trades: $MKR (-0.3%)
$MATIC (-2%)
$UNI (-0.49%)
$TAO (-0%)
$ADA (-0.81%)
$LINK (-0.41%)
$SHIB (+1.86%)
$DOGE (-0.41%)
$AVAX (-0.77%)

18 Comments

LOWIQ@lowiqinvesting

5Mon

In my opinion, the overall movement is far from over (see e.g. LINK or AVAX are still far from the interim high of this cycle), I then go into cash depending on my assessment...so I 'hedge' myself by reducing my portfolio share of crypto, yes if you look at the Fear and Greed Index we are in extreme areas, but if you look at the Google Trends the retailers are still very far away from greed, but I also think that we are slowly seeing an intermediate correction, as Bitcoin is currently weakening and the money is already moving into the altcoins

•

View all 6 further answers

Bucci@Bucci

5Mon

am just 3k in profit i love altcoins❤️

•

Robinhodl@Robinhodl

5Mon

@Bucci *shitcoins ,that is not an alternative to BTC 🫶🏻

••

Bucci@Bucci

5Mon

i don't think they're that shitty, they make me so much money

•

Robinhodl@Robinhodl

5Mon

@Bucci be careful that you don't fall in love with the shit ;)

••

Bucci@Bucci

5Mon

@Robinhodl I've been a long time😁

••

efe@ElCanos

4Mon

Can you help me further on the subject of |Shitcoins?

•

Robinhodl@Robinhodl

4Mon

@ElCanos will write an article about this in the next few days

•

Moritz@leveragegrinding

4Mon

you can see my portfolio in my profile... you could say I'm still in it :)

Hope you were still in Link today

••

Robinhodl@Robinhodl

4Mon

@leveragegrinding Yes, of course, but I am now only at 1.5 leverage. Also don't think retail buying power is too strong compared to the other cycles. On-chain metrics such as exchange inflow and exchange balance still look intact.

It's funny that exactly the stuff that has zero foundation is pumping and has already come off in the last bull run. For me, this is a sign that it is safe retail buying with the seasonal excess liquidity and not some high-net-worth people.

LINK fits perfectly into the retail metrics, but is really the industry standard and therefore at least has a foundation.

•

Moritz@leveragegrinding

4Mon

@Robinhodl that's why I'm holding atom, I'm not assuming retail main here. There used to be a quantity of developers per chain - price ratio somewhere, that was mega, unfortunately I don't know if it still exists.

••

Maximilian@Max095

3Mon

$DOGE 🚀🔥

••