I recommend a small 3x position. Put 70% of intended money now, and put 30% order waiting at around 0.9 level.
First target 2.09
Good luck :)
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Bought more
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Bought even more.
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I made a final buy.
- Final entry price 1.158USD Liquidation price 0.77USD
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I forgot to update my position. I got liquidated at 0.75 and I have increased my original position (in my wallet, not leveraged) by 20%.
My overall long position average was at around 0.77, I still didn't sell.
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I increased my long position by 20% at $0.53
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By the end of the day, I have increased my position by the total of 40% at an average price of $0.47.
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Since may 13 I have slowly increased my ADA position by 100% At an average price of roughly $0.55 (meaning that now I have double the amount than at the beginning of this post)
That's all the money I have right now after my BABA purchase. I'll keep buying ADA and BTC at a rate of 70%/30% of my crypto allocation (which is now about 50% of my total portfolio) and I will keep buying BABA and FB with my stock investment portion.
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I have exchanged half of my Cardano for Bitcoin.
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I'm just updating my old ideas.
A long time ago, almost immediately after Dec 5. I have switched completely to Bitcoin and don't intend to move from that decision in the near future.
I have been convinced by Hoskinson (much like ETH lovers are convinced by Vitalik) that the "technology" is more important than the pure monetary value of Bitcoin.
My original position has always been discontent with the Monetary system (I am against it altogether). And these people have been very succesful in taking all the arguments from principled Bitcoiners and applying them to their scams and using them to convince people like me.
I mostly agree with Hoskinson. His only problem is that he is a scammer and a dishonest person.
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I'm moving 100% of all my assets and savings into Bitcoin. By the end of 2023. I will close all my bank accounts forever. Also migrating all my business to the Bitcoin standard. The race is over, Bitcoin won.
@saynab44, Read my last comment. This is a very old post and I have since changed my opinion.
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@josip, that is what I am referring to. "I mostly agree with Hoskinson. His only problem is that he is a scammer and a dishonest person." So you believe he is a scammer? seriously?
@josip, and what is your proof that he is a scammer?
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@saynab44, He is running unregistered security and owns/dumps pre-mined coins to pay for his promotion. That would be fine if all the disclosures were made according to securities laws.
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This was a big mistake. For any future reader, just buy Bitcoin and store it on your hardware wallet.