GN gents, as anticipated, the worst case scenario is likely to occur:
MON can dump towards levels that would match price action observed in SOL and ETH post ICO, before rallying huge long term after bottoming.
I'd look into accumulating after the decline is over, or you can buy and hedge until the trend turns up again. Personally simply buying from cash flows alongside my other liquid beta long term names, while my active trading sleeve takes care of profiting from volatility in the short and mid term.
Don't miss the forest for the trees!
This too shall pass...then it's up and to the right.
Best of luck,
Cheers,
Ivan Labrie.
I'd look into accumulating after the decline is over, or you can buy and hedge until the trend turns up again. Personally simply buying from cash flows alongside my other liquid beta long term names, while my active trading sleeve takes care of profiting from volatility in the short and mid term.
Don't miss the forest for the trees!
This too shall pass...then it's up and to the right.
Best of luck,
Cheers,
Ivan Labrie.
Public, timestamped track record. Free month of the desk: ivanlabrie.netlify.app
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Public, timestamped track record. Free month of the desk: ivanlabrie.netlify.app
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
