Cryptos seems to be much more volatile than equities or traditional FX so I am making smaller trades than I am used to. I am new to this pace started only in late March 2017.
1. BitShares
purchased 0.29 BTC worth of Bitshares mostly using 001 NTC trade sizes from April 7 to May 2, 2017. This was a 33,000 share position on the idea of decentralized exchange. At the time the price of BTC was $1300-$1500 so this was a $500 investment. Its now worth about $2900 as of May 24.2017 and BTC around $2300.
2. ArtByte
purchased 0.265 BTC of ArtByte all on May 23, 2017 this led to a 199,00 share position for about $600. Its still early on this trade and still don't know if this trade will work out but it seems like a good idea to have a currency for the artist community.
Critiques and insights appreciated on what position sizes you are using in terms of share count and or dollars invested.
Topic: Crypto Position Sizing (Read 231 times)
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