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Siacoin / Bitcoin
Long

sc is "cheap"

By jkatz
Updated
filecoin mooned. decentralized storage narrative? it's also "cheap" in usd. does it deserve a bigass mcap that will pump even higher? probs not. will it? dunno, uhhh maybe. 150 sats seems possible. 200 or 500 if we go manic like my depression
Trade closed manually
rip - bitcoin puking badly
Trade active
adding 45% back
Note
added back 30%
Trade active
fully repositioned
Trade active
adding more size; will either be glorious or extremely short lived - no updates for a couple months; stay safe everyone and remember you don't need leverage in crypto to make it
Trade closed manually
snapshot - dom too bouncy and btc too bearish; somehow got a lot of eyes on this trade so felt irresponsible to not keep it up to date. Taking the L and will look at it again if we approach 58-60% dom in near future. Is how it goes sometimes and already did well in last few months. Feels bad that first charts I post in my years on being on this platform was probably near a medium-term altcoin top. Will keep a small allocation, but have to scale back on exposure on most crypto till BTC bottoms out. Could be wrong, but risk too high now - stay safe out there.
Note
If you want to start scaling back in - probably a good time
Chart Patterns
jkatz

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