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Topic: BTC around 600$ - Is time to Hedge (Read 1798 times)

hero member
Activity: 752
Merit: 501
February 26, 2017, 11:32:57 AM
#30
Bitcoin around the 600 dollar will not happen again I think that it will stay stable on this price that it is right now honestly...

I think the bottom could be around $800 to $900 in the short term.
newbie
Activity: 52
Merit: 0
January 10, 2017, 11:35:35 AM
#29
Bitcoin around the 600 dollar will not happen again I think that it will stay stable on this price that it is right now honestly...

I also do not think that it will stay like this it can either crash more or will only get more pumped and  that would mean that the price would go to a higher amount anytime soon.
member
Activity: 81
Merit: 10
January 10, 2017, 09:17:50 AM
#28
Bitcoin around the 600 dollar will not happen again I think that it will stay stable on this price that it is right now honestly...
legendary
Activity: 3430
Merit: 1280
English ⬄ Russian Translation Services
January 10, 2017, 04:34:53 AM
#27
Hallo,

This morning BTC lost 600$ , and now move around this support. We suggest to hedge position (expecially if you are in profit yet).

Follow our sheme:

A) We suppose you have 100 BTC (bot work the same with 100.000 satoshi too  Smiley )
B) You would preserve FIAT value (so 60 k $)

What you need to do:

1) Sell 20 BTC (20% of your asset) and hold 80 BTC
2) Go short on leverage 5x using these 20 BTC
3) Take Profit on leverage position @ 500$ & Put Stop loss on Holding BTC @500 $ too
4) Stop Loss on Leverage position @660$

This is a simply Hedge position that preserve your BTC value at a cost of about 3 % (spread +  net loss)

But there are lot of hedge strategies: let us work for you, take a look on www.bitib.eu or PM me  Smiley
Though the OP is selling something, would you be able to explain this hedging strategy to me like to a 5-year old? I'm interested in bitcoin hedging strategies in general. Wrong thread?

Well, I read this thread back then (yes, I did read it), and I admit that I didn't quite understand it either. If I don't understand some trading strategy and I don't feel like there is something in it, it's usually bullshit and not worth time getting the hang of it. I know it is a harsh approach but it saves time and money if you are going to use it blindly (which is evidently a big no-no). Now I looked deeper into it, and in this case, if you want to preserve the fiat value of your bitcoins, it seems that you would be by far better off by just selling all your bitcoins at 600 dollars per coin (and buying back at 500 dollars). If Bitcoin rises with an open 5x20 BTC short position (which is equal to profits and losses for 100 BTC), this position will cause you net loss which will eat profits earned by 80 BTC appreciating that you still have since 100 > 80...

And don't forget interest paid on borrowed coins
sr. member
Activity: 302
Merit: 250
January 10, 2017, 02:05:58 AM
#26
Hallo,

This morning BTC lost 600$ , and now move around this support. We suggest to hedge position (expecially if you are in profit yet).

Follow our sheme:

A) We suppose you have 100 BTC (bot work the same with 100.000 satoshi too  Smiley )
B) You would preserve FIAT value (so 60 k $)

What you need to do:

1) Sell 20 BTC (20% of your asset) and hold 80 BTC
2) Go short on leverage 5x using these 20 BTC
3) Take Profit on leverage position @ 500$ & Put Stop loss on Holding BTC @500 $ too
4) Stop Loss on Leverage position @660$

This is a simply Hedge position that preserve your BTC value at a cost of about 3 % (spread +  net loss)

But there are lot of hedge strategies: let us work for you, take a look on www.bitib.eu or PM me  Smiley
Though the OP is selling something, would you be able to explain this hedging strategy to me like to a 5-year old? I'm interested in bitcoin hedging strategies in general. Wrong thread?
legendary
Activity: 3206
Merit: 1069
August 10, 2016, 02:28:28 AM
#25
The bitcoin price is around $592 now. I think the price has recovered from the Bitfinex hack and will rise again.

not fully recovered, but as expected the 600 mark was very strong, and we are seeing a fast recover after that gigantic hack of 120k coin

before the dumping the market was ready to increase

The 120k bitcoin hack means the 120k bitcoin to be taken out of circulation. So it is something like holding.

not if he dump, which would cause what happened to the market
hero member
Activity: 840
Merit: 1000
August 09, 2016, 07:07:05 PM
#24
The bitcoin price is around $592 now. I think the price has recovered from the Bitfinex hack and will rise again.

yeah, but look at the date and time of the OP.

I would say the OP made a fucking cracking call.....take heed of this guy.
sr. member
Activity: 364
Merit: 254
CryptoTalk.Org - Get Paid for every Post!
August 09, 2016, 06:08:30 PM
#23
I also hedge when trading. It gives me leverage because if I'm buying, I don't know if the price has hit bottom or if will drop more.
hero member
Activity: 1092
Merit: 523
August 09, 2016, 02:51:21 PM
#22
I would like suggest trading bots are better version of doing hedging, rather then spending small coins to keep your losses minimum, why not use a trade bot like C.A.T. and make the fall of price on bitcoin or rise of price on bitcoin your bread and butter?
Much easier and logical to be honest.
hero member
Activity: 672
Merit: 500
August 09, 2016, 01:19:05 PM
#21
its time to buy a lot of bitcoins at the moment to make profit in the future

That's right, it's the opportunity nowadays to buy as much as we can of Bitcoins and hold it, because the price will going up sooner or later
full member
Activity: 219
Merit: 205
_Bitcoin Africa_
August 09, 2016, 12:54:55 PM
#20
its time to buy a lot of bitcoins at the moment to make profit in the future
legendary
Activity: 1344
Merit: 1006
August 09, 2016, 12:41:25 PM
#19
I checked the bitcoin price, it's approximately $595.

I am holding my coins till it crosses $600.
i will hold till the new all time high will be reached, i hope it will make me good money
Hold your coins a long as you can and don't panic if there's a sudden drop of rate. When I started with Bitcoins last year I've seen Bitcoin rate droppped to as low as $200 but I also withnessed how it bounced back to $700 this year. So just get use to it, that's normal with Bitcoin.
sr. member
Activity: 268
Merit: 250
CryptoTalk.Org - Get Paid for every Post!
August 09, 2016, 11:45:34 AM
#18
I checked the bitcoin price, it's approximately $595.

I am holding my coins till it crosses $600.
i will hold till the new all time high will be reached, i hope it will make me good money
legendary
Activity: 1652
Merit: 1000
August 09, 2016, 11:15:00 AM
#17
I checked the bitcoin price, it's approximately $595.

I am holding my coins till it crosses $600.
it's down again a bit and the current price approximately $585-$590 even though is not too far to reach $600 i think that's will very difficult and my predictions bitcoin price will a bit boring until this weekend and the price will stay at those price
legendary
Activity: 994
Merit: 1000
August 09, 2016, 11:14:37 AM
#16
Actually market uptrend seem quite strong and i think we are heading towards 700$ again. However i think shorting at 700$ range will be good decision if price again reached that level.
legendary
Activity: 3430
Merit: 1280
English ⬄ Russian Translation Services
August 09, 2016, 10:54:02 AM
#15
I think the Bitcoin's price will increase a little bit this week . That's why i hold my coins , and it's also profitable for the long term holders because it's expected the price will rise by the end of this year

You seem to have posted in the wrong thread mate, lol
hero member
Activity: 742
Merit: 500
August 09, 2016, 10:36:33 AM
#14
I think the Bitcoin's price will increase a little bit this week . That's why i hold my coins , and it's also profitable for the long term holders because it's expected the price will rise by the end of this year
legendary
Activity: 1204
Merit: 1028
August 09, 2016, 10:24:50 AM
#13
Lol at margin trading it crypto. Leverage = putting yourself in an insanely risky situation where you can end up in debt. Price too unpredictable to fuck with that.
legendary
Activity: 1652
Merit: 1057
August 09, 2016, 08:47:25 AM
#12
Why would you want to hedge when you might as well sell your coins now?
The only reason I can think of is that there may be tax implications of selling.

I guess this is more like an ad to attract attention, not an actual hedge serving any purpose beside raising interest
Yes, hedging is something that people think if the price is volatile and that is what bitcoin is , its volatile, I would understand whoever wants to hedge but you can do it yourself on many websites without using someone's deal, specially when they talk about 100 Bitcoin.
legendary
Activity: 3430
Merit: 1280
English ⬄ Russian Translation Services
August 09, 2016, 03:43:36 AM
#11
Why would you want to hedge when you might as well sell your coins now?
The only reason I can think of is that there may be tax implications of selling.

I guess this is more like an ad to attract attention, not an actual hedge serving any purpose beside raising interest
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