@kerooke@onchainfx@MessariCrypto The data for XLM is incorrect. https://t.co/7rICOkFony is showing 42,000 payments and 36,000 trades for the last 24h period, not 676, putting it at #6 on the list.
@BambouClub The other problem is that Kraken charges .02% for margin every four hours, eating just over half of your profit. You can buy the position outright, but then you need a lot of capital.
1/ Plenty of coins & ICOs are now down -90%. Hopefully the people who'll never be receptive the following commentary have left crypto twitter by now, but they'll surely be back for the next bull run. Making this thread to use as a reminder for when the idiocy returns 👇
@homakov Surprised no one can answer this - the DTCC actually holds a physical stock certificate for you. Literally in a warehouse. It gets settled in your name in their database
$BTC - I didn't get the ideal entry, but well into the green after that big candle up. This is why I use low leverage and wide stops. Have asks set inside the next resistance and the one above to take profit. Not expecting much over the weekend - set some alerts and chill.
@trajanmex You can be forgiven for this one - funding hasn't been much of an issue for months. I did the same thing, which is annoying since I usually long futures.
I don't think anyone realistically expected the Winklevoss ETF to get approved. Therefore if you were bullish before, nothing should have changed.
I think the confusion around which ETF was rejected has spooked the market, but we should resume the uptrend shortly.
The #Bitcoin ETF that was just rejected was the Winklevoss proposal that was already rejected once and re-submitted with a slight wording change. The CBOE ETF is the important one, and the decision will more than likely be delayed.
Long from here on swaps.