Hold. Long on recovery. Get (OTM) puts on FUD.
Already overweight, Don't care. 'Currently long a straddle.
It's just for a month, I'm more concerned with diversification at the moment. Bitcoin has been over-performing pretty much everything this year. My entry has been reduced so much that I won't ever sell outright again.
If we reverse, I may trade more derivatives.
Don't forget to size positions, plan out the trade. Especially exit strategy, and money management. There's no rush. The market will be there tomorrow, panicking never helps.
It's just for a month, I'm more concerned with diversification at the moment. Bitcoin has been over-performing pretty much everything this year. My entry has been reduced so much that I won't ever sell outright again.
If we reverse, I may trade more derivatives.
Don't forget to size positions, plan out the trade. Especially exit strategy, and money management. There's no rush. The market will be there tomorrow, panicking never helps.
Comment:
Not sure why macd shows up here, it's hidden on my chart. Just pretend it's not there, it's useless here.