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Topic: My trading Strategy: 75% LONG, 25% SHORT. (Read 112 times)

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Activity: 392
Merit: 11
May 21, 2018, 10:58:02 PM
#1
Bitcoins is believe by many traders to have value in the long term which has cause many traders to hold for long term, however, in the past few months we have seen bitcoins going down each week, yet is climbing in price. I developed this strategy recently, to buy bitcoins and hold with 75% of my capital, and use a margin trade through leveraging on an exchange that offer margin to short sell bitcoins with the 25% remainder of my capital.what do you think of this type of trade?  Am I taken a double risk, or is a good hedging strategy?
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