What have I been up to recently? I was rather busy at work and only have some time to do some scalping for Crypto. Of course I also have my stocks and equities and ETF which usually have minimal trading/buying/selling.
For Crypto, I bought in the dip recently and then just sold all this morning for some profits. Pictures speak thousand words.
Something in the market is not correct. As mentioned in this post earlier, I maintain my view that the 2nd half of 2022 will be bad, it might become even worse in 2023. I am still keep over 50-60% cash of my entire portfolios.
Hence, I am only doing short term trading/scalping or whatever you called it with the funds that that I have earmarked for trading. Quite likely I will either short crypto such as ETH (merge coming, usually is sell on news + general macro of market are not good) OR wait for further dip before entering again to trade. Let me observe how the market sentiment goes first – for those who are in Crypto long ago, Crypto price are usually narrative driven, until one day it become more mainstream like stocks/equities.
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