Rebalancing

Aktualisiert
Rebalanced from 85% Cash, 5% traditional commodities, 5% bitcoin and crypto*, to 75% cash, 5% traditional commodities, 15% bitcoin and crypto.

Only the best quality, Bitcoin (BSV), Ethereum (ETH), Cardano (ADA), Solana (SOL), Polygon (Matic), and Crypto.com (CRO).

Further downside is totally possible, maybe 50/50 odds, obviously I have substantial cash reserves and can buy on lower prices, and will, but 90% cash and commodities is a bit extreme for me, even in my trading account.

* Not including equities, bonds and cash held in accounts managed by others (about another 25% in those).
Anmerkung
Panic has set in and market is in free fall, home sweet home.

Buying heavily, doubled BSV, ETH, SOL, ADA and CRO positions, increased commodities by 50%. Spent 10% of cash reserves. 2/3 in cash now.

BSVBTC worth watching!
Anmerkung
Bitcoin broken on weekly against several other coins. USD only short term resistance. SOL at resistance.

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Anmerkung
Bitcoin vs 10d resistance USD, BTC, ETH, SOL, ADA, BCH
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Anmerkung
Bitcoin vs monthly resistance
Looking good except below USD resistance. The issue is as Bitcoin becomes popular will it cause a crash in other coins priced in USD especially BTC? Which in turn could crash the whole market including Bitcoin. Hard to say so have to balance this risk vs lacking exposure to Bitcoin.
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Trade wurde manuell geschlossen
Price action is too weak for my liking. Close out even. It's ok, but wasn't what I had expected.
Beyond Technical Analysis

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