A few days ago I posted my Bitcoin analysis and caught a lot of slack for it because I was talking about shorting the markets.
I don’t want crypto to drop…but I will most certainly take advantage of the situation and profit on the downside.
It’s my HEDGE!
Did you know you can leverage your long term holds to short the market?
Example – I can hold 100 Litecoin in my Margin account on Bitfinex. These are Litecoin I own. I can pull them off the exchange and send them to my hardware wallet anytime.
However, when trading on Margin you’re borrowing funds. I’m using my 100 Litecoin as leverage to trade with MORE. You can’t take Margin trades off of the exchange, but I can open a SHORT of 100 Litecoin and profit as the price falls.
This will provide me with short term USD gains which I can buy more Litecoin with or any other coin. I can also just sit in USD and hang onto it.
Yes – I am losing some value in my long term portfolio by holding Litecoin as it’s dropping, but since I believe Litecoin will be worth more than $200 eventually I will hold onto it.
Most people are so damn ignorant and think I’m against crypto because saying I short…
I simply want to profit on the backside of a move! This makes me versatile & ahead of the 99%.
The market won’t always go up…
We won’t always be in a bull market…
Adapt OR Perish!
This is stuff I talk about within the chatroom with the Pro community and my Course.
So if you’re tired of losing money & not knowing how to capitalize under ALL market conditions it’s time to be honest with yourself!
Get educated and stay ahead of all the noobs flooding the markets – cryptotraderspro.com
This is a serious game & life changing money is at stake. Don’t blow your shot at this opportunity because you half assed your education!