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RE: STEEM BTS EOS Update - Entering dangerous territory...

in #trading7 years ago (edited)

Appreciate the feedback @jakeybrown!

Unfortunately, I didn't sell anything. I had an order to sell some BTS at 62c, but that was a bit aggressive. I actually haven't traded anything into bitUSD yet, but would like to make a trade on the bitshares platform just to get a feel for trading in and out of it. How are you trading in and out of bitUSD?

I'm in a bunch of other alts, initially as swing trades, bit looks like I'll be holding a couple of losers for longer than initially expected. Hodling LTC EOS XVG TRX RDD XRP XLM BCH

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Ya, same here on QSP and BAT, but the rest of my portfolio is solid, been going up a bit during late january.

As far as bitUSD, I've only used it once, and that was to save my ass when I put my BTS stack down as collateral to buy more BTS because I thought .60 was the dip from .80 or whatever high we had. I was on vacation and BTS got to .30 before I sold EOS into bitUSD to pay the debt off. Call price was .27, which BTS did hit.

I'm hoping to sell into bitUSD when we hit highs and then buy back in at lower prices, but so far haven't had much of a chance, I was expecting us to keep going higher instead of this tether and FB fiasco

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