Crypto Smith

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

@smith_crypto did u sold this May buy yet?

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

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

@smith_crypto is this a long term play or level by level?

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

@smith_crypto Nice

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

@smith_crypto But but you sold lower as I remember. So got rekt a little ;-)

@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.

@smith_crypto May I inquire as to how you are buying gold? The physical asset itself? Mining companies such as Barrick or Goldcorp? Or a gold ETF?

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.

@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.

@smith_crypto Same I'm buying gold and not BTC anymore.

@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.

@smith_crypto Dude, what? Gold? It is lower than 10 years ago and money were being printed too. People kinda exiting gold for good in order to buy $BTC.

@CryptotradExp See my latest tweet!

@smith_crypto we are near ~$40k….. u sell half again? 7/8 cash 1/8 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.

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

@smith_crypto nailed it as always

@smith_crypto We will never see $20k again. So 3/4 of your stack is rekt

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

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

@smith_crypto I am not selling yet. Last days's news from IMF, Powel and PayPal are bullish. Does it make sense?

$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.

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

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

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

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