Crypto Smith

Pattern trader and analyst. Plan the trade, trade the plan. Trade at your own risk.

[Crypto Smith @smith_crypto]

@CryptotradExp Nope, technically this is a good place to sell part to get back your initial investment, if you're being conservative.

[Crypto Smith @smith_crypto]

$BTC $BTCUSD Well here's the moment to buy. Shifting out of $GOLD and back into crypto.

[Crypto Smith @smith_crypto]

@Jonathankav1 Will see how it moves but probably longer term.

[Crypto Smith @smith_crypto]

@yoshi45th Let's see how it plays out...!

[Crypto Smith @smith_crypto]

@Crypto_Neo That's the unfortunate cost of risk management!

[Crypto Smith @smith_crypto]

@CryptoGeass $PAXG for $GOLD. For mining I personally would just go for an index like $GDX or $GDXJ to hedge risk.

I am thinking about a very small position in $GDXJ and possibly converting $PAXG to coins for tax exemption in the UK.

[Crypto Smith @smith_crypto]

Moving cash I had to buy $BTC dips into $GOLD to protect against fiat printing. Not a purchase based on patterns - I believe it could go lower but happy with risk.

Still waiting for a dip to buy back into $BTC from $GOLD but not sure when. Otherwise holding $BTC long term.

[Crypto Smith @smith_crypto]

@mike_mk0 Interesting, I think $BTC may have a while to go still but I like to buy into good dips to manage risk. $GOLD does also have potential upside, either way better than cash imo atm.

[Crypto Smith @smith_crypto]

@Crypto_Neo Central banks are buying $GOLD, either way it's just a defensive position for part of the portfolio. I already have a position in $BTC so I'm fine either way - I just didn't want to be holding cash.

[Crypto Smith @smith_crypto]

@CryptotradExp See my latest tweet!

[Crypto Smith @smith_crypto]

$BTC $BTCUSD Taking profit (again) and rebalancing to 3/4 cash 1/4 crypto. I wasn't expecting us to reach this level so soon. My next sale point is quite far off (~$40k)…

As always, waiting for a good dip to buy in again.

[Crypto Smith @smith_crypto]

@Jonathankav1 I was probably a bit conservative but can't complain...!

[Crypto Smith @smith_crypto]

@Crypto_Neo

[Crypto Smith @smith_crypto]

$BTC $BTCUSD Just going to keep the rest for long term. Have 2/3 cash for buying dips (they will come eventually).

[Crypto Smith @smith_crypto]

@Crypto_Neo These are all good long term bullish indicators. I generally don't trade the news however!

[Crypto Smith @smith_crypto]

$BTC $BTCUSD Taking profit here and rebalancing account to 3/5 cash 2/5 crypto. These are the key levels I'm looking at.

Selling a bit early because it's debateable whether this is a point of resistance.

As usual, waiting for a dip before buying in again - leaving rest to ride.

[Crypto Smith @smith_crypto]

$BTC $BTCUSD Recovering my initial here at $8.4k, taking the 100% return and letting the other half ride... See you next dip!

[Crypto Smith @smith_crypto]

$BTC $BTCUSD Entry set around $4.2k.

[Crypto Smith @smith_crypto]

$OIL Stopped out on a small position. Going to leave commodity trading to the real traders!

[Crypto Smith @smith_crypto]

$OIL Dare I say below $1 is a buy? I do.

[Crypto Smith @smith_crypto]

$OIL Dare I say below $1 is a buy? I do.

[Crypto Smith @smith_crypto]

$SPX $GOLD This is the chart you should be looking at in the era of infinite fiat.