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.
Topic: BTC around 600$ - Is time to Hedge - page 2. (Read 1835 times)
I checked the bitcoin price, it's approximately $595.
I am holding my coins till it crosses $600.
I am holding my coins till it crosses $600.
Nothing to worry because it happens not for the first time and the scale of the fall is not so great.
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.
Don't get excited too quickly. If the coins will not get used any time soon, which I believe is the case, then they will get used at some point in the future. And that may be when the price is much higher than now. So in that aspect, the coins will cause even more damage to the market. Another very likely scenario is that the coins will get split into very small amounts and then mixed several times.
It depends on the sentiment reigning at the moment of the sale. If the market is high, it would swallow those 120K bitcoins without a hiccup...
And if the sentiment is low, the sale could crash the price indeed
OP, I wouldn't let you within 100 yards of my bitcoin, just as if you were a sex offender in a school zone. Hedging strategies offered for sale here on this forum should raise eyebrows. Being short on bitcoin using any of these exchanges is uber risky and I wouldn't trust some anonymous shmuck on the internet to do it.
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.
Don't get excited too quickly. If the coins will not get used any time soon, which I believe is the case, then they will get used at some point in the future. And that may be when the price is much higher than now. So in that aspect, the coins will cause even more damage to the market. Another very likely scenario is that the coins will get split into very small amounts and then mixed several times.
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.
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 bitcoin price is around $592 now. I think the price has recovered from the Bitfinex hack and will rise again.
Hallo,
This morning BTC lost 600$ , 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
)
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
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
)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
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