Underperformance against BTC and other stocks in the segment in recent weeks and months
Successive increase in the short ratio since April to 22.11%
Miners were shorted in pair trades by large institutions as a hedge on long positions - Matthew Schultz CEO Cleanspark recently reported on this in an interview with RexFinance
Citron recently reported a short position on $MSTR (+2,08%) serving as a hedge while they remain bullish on crypto
Are we now seeing a shift in favor of miners?
What happens to miners when long positions in crypto are closed?
Will the short positions also be covered or will the miners even be included as long positions while e.g. $MSTR (+2,08%) or $COIN (+4,25%) are increasingly shorted as hedges?
How is it actually regulated if you sell the coin before the one-year holding period and do not transfer the money to your account, for example, but store it on the Euro Wallet in Coinbase$COIN (+4,25%) for example, do you still have to pay taxes or does anyone know? $BTC (+0,05%) $XRP (+1,06%) $SOL (+0,81%)
In Germany, the tax-free sale of your coins applies after a holding period of one year in accordance with Section 23 EStG (private sales transactions). If you sell your coins before the end of the one-year holding period, the profit is generally taxable, regardless of whether you subsequently use the money, transfer it or leave it in your account. Sales within one year of the purchase date are taxable, and profits from such sales must be declared in your income tax return.
I did everything right and also got out at 300 320 and 290 and was allowed to listen: DiEPartyGEhTdochJetztERstLos My colleagues have usually only been with me for a few weeks and think it's only going in one direction 😄
It's extremely important to know that no one is going to teach you about crypto! 💡
In most years, the profits of Bitcoin $BTC (+0,05%) come largely from just the 10 best trading days. In fact, if you exclude those best 10 trading days, Bitcoin is in the red. 📉
Look at this year, for example. Most of the gains took place in the short period at the beginning of the year and now. In the meantime, it has traded sideways in the many months from April to November.
The moral of the story: despite the Fear & Greed Index reaching almost 90, don't think you can time the market because most of Bitcoin's gains happen in a short period of time. That's why a long-term buy and hold strategy will always perform better than trying to time the market. Simply missing that small window of opportunity will leave you flat or negative. 🚀
This is exactly why you get annoyed afterwards in the vast majority of cases if you think you can time the market and try to buy/sell depending on the chart. In the long term, buy & hold is simply the best way to go
After the current extreme price increase of $BTC (+0,05%) I am hedging my crypto investments by selling my certificate $COIN (+4,25%) certificate with 200% performance.
I think some volatility reduction is a good idea at the moment!
