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RE: Bitcoin Cash Laddered Spread Profit Taking
What is the typical percentage of initial purchase, that you keep in such situations? 0%, 30%, 50%?
What is the typical percentage of initial purchase, that you keep in such situations? 0%, 30%, 50%?
I'm speechless.
On buys, I ladder 100%, usually. On sells, I ladder 1/3 at a time, usually. This Bitcoin Cash, I laddered almost all to sell for near 100% profit.
Take a look at my Bitcoin ladders in past blogs. I laddered 1/3 and decided to ladder a second 1/3 for >55% profit.
Thanks for the reply. I have read your posts on Bitcoin. I was curious about your altcoin strategy. Bitcoin is more like an investment for me and altcoins are for fun trades :D.
BTW all my rungs got just filled and I still have 20% unladered.
Bitcoin is the moon that moves all Altcoin tides. When Bitcoin corrects hard and catches a cold, Alts catch the flu. Here is my long term Bitcoin count. We are or have finished wave III and a major correction approaches as wave IV.
This is so helpful.