Tonight
Shall be interesting, international markets are now in full affect, we curiously, survived a red blast on Sunday around lunch, the way in which it bounced was optimistic, but its approaching a point at which it must re-trace, when it does, its how much it bounces that will matter, could be tonight, perhaps not, but it will most certainly be this week.
Now, if there is more buying volume than there is selling volume, we may not feel it, but the technical's right now are as such there are many traders that are about to have itchy fingers for monthly margins, (dont blame them, if i was a trader, so would i)
And so it is, April, Investors vs Traders - time shall tell.
Also, is the consensus 2019 marketing floor plan out yet? watch out for that, when it drops, tokens listed, are good short term investments, on the buy the rumor, sell the news principle, though, with rare exception, i will not be taking any positions other than accumulative BTC & ETH until end of financial year - no exceptions.
Developing my scuttle portfolio in preparation for some parabolic bull action is to important right now, though that is not to say thats what you should be doing, its what i am doing, i split my alt positions last year, for reference, look back to my postings on my Nexus Bear battles towards the middle of the year ...
I am still down on that position, and that was a crazy few weeks, but, i have full confidence in a price recovery once the market is healthy again.
Though, my hope on that, is my personal interest in the commercial space sector, and if, Vector succeed, offering discounted rockets for purchase with Vector (Which they are supposed to be offering) if they do that, and they succeed as a company, based on basic token economics, supply / demand, on 100 - 250k purchases, its a no brainer, the token can go quite high, if Vector does not succeed, the token will fade into irrelevance, as everyone will just favor something such as Ethereum.
Having a solid, Scuttle portfolio is very important, thats what i learnt from the bull market of 2017, to say very little of what is a very complicated topic, if you have a portfolio, of any size, and of any token, you need to have it mirrored.
By mirroring it, you do not fall victim to FOCO (Fear of Cashing Out) and when the numbers are right, you simply dump your scuttle portfolio, and keep the rest.
Then invariably, when there is a correction (Which there always is) you just buy the positions back again.
Some may think that daft, but as a person who learnt the hard way, in his first serious year of investing, my entire portfolio, rose to around 90k, if i had sold it all at its height, i could have bought the entire thing back, EVERYTHING, for 5k when we were at the bottom of 2018, which would have left me with another 85k, to accumulate new positions, in a downtrend.
If, at the time, i had a scuttle portfolio, a mirror, i would have done just that, but it was not an investment strategy i learnt until about 6 months ago.
Your scuttle portfolio is important, work on it, it frees you from emotions and ideology, some investors, run one or the either, for instance, Asger, often closes positions, i dont.
I operate in an Angel Investor strategy, it gains, or it burns, thats it, but if you have half in one, and half in the other, if you see a spike, you dump the scuttle, and you hold, the angel, if that makes any sense to anyone.
That way, you avoid both scenarios the "Fuck if i would have just held it, i would have made x" and the "Fuck if i had just sold it i would have made x" you cover both, both must be equal though, your scuttle is your short term, but short term is relative, your long term, is the ultra pay day, you will know it when you see it, or perhaps you wont? which, is why you safeguard yourself with the scuttle portfolio - you set sale metrics for it, 50k or 100k depending on your volume.
Why? because there is a saying, "The hardest money you will ever make, is your first 100k, beyond that, everything is exponentially easier" as to why, read my comments above.
o7