🍀 BTC Margin Trading (New Portfolio for Bitcointalk Started on March 2020) 🍀

Vispilio

legendary

Activity: 2128

Merit: 1657

Aug 02, 2020 update:

With very light trading on this account, we added about 0.1 BTC more in profits in July,

now portfolio is more balanced as I want to capture the short interest on BTC while hedging it with long futures.

Short ETH offers far more attractive interest rates, but I'm cautious there as quanto is always more difficult to hedge dynamically,

check my signature for more in depth info & advice on Crypto Derivatives trading:

Vispilio

legendary

Activity: 2128

Merit: 1657

May 1st 2020 Update:

The brand new Bitmex account I opened exclusively for these threads (initially started on the local Economy board) still has the following positions open (noted on the screenshot below), which I was compelled to initiate from my mobile while outside as BTC had a sudden massive 50% crash on the same day just hours after I started this thread...

The initial account equity was 0.5 BTC, and the account is now up about 2000 USD in 1.5 months of very light trading. Our average point of entry was in the vicinity of 4500 USD, so with limited risk we achieved a return of 80% in proportion to value at risk. While it must be said that this RoE is in no way a guarantee towards any future profitability, I consider it significant in that it demonstrates that margin trading can be controlled and lead to outstanding results even during high risk / highly volatile market conditions.

For in depth advice on Margin Trading and Crypto Derivatives you can reach out to me via pm or through our company website.

All the Best

Vispilio

legendary

Activity: 2128

Merit: 1657

Obviously not an investment advice, but would like to hear some thoughts and possible counter arguments...

The Fed is quantitative easing again, and all the other major Central Banks will follow suit to stave off the expected recession after Corona and the recent political standstills,

In the wake of this extravagant fiat money supply I view the latest drop in BTC as a short term panic move, and consider these levels a great buying opportunity.

I think chances are very high for BTC to reach even a new ATH without brushing the 2018 bottom of 3000'ish USD,

so taking long leveraged positions would offer attractive reward to risk ratios in these current levels and even more so if price dips slightly lower...

Topic: 🍀 BTC Margin Trading (New Portfolio for Bitcointalk Started on March 2020) 🍀 (Read 192 times)