Crypto Portfolio Update (Sep 15 2018)

Posted on September 15, 2018 by Venkat Pulakkad

One should be always thankful for the Stop Losses. They did save me again this time when Bitcoin and other tokens got whacked.  I got stopped out of Bitcoin at 6400 and Bitcoin Cash at 520 as the Stop Losses triggered. (Click here for the previous update from Sep 1)

Since then, I haven’t bought back BTC or BCH though Bitcoin is now back above 6400.  As a result, only XLM is still in the portfolio and rest all is in cash.

I expect another dip this month for BTC and the other cryptos before they consolidate and move up again. I am going to basically wait for that dip to re-enter. I have no entry targets right now for BTC and BCH but when the charts give out signals, I will post my thoughts here and on Twitter / StockTwits.

Click here for the Sep 1 update

Click here for the July 29 update

Click here to learn “Trading Strategies & Risk Management”

 

About Venkat Pulakkad

Entrepreneur, management consultant, blogger & forecaster. Founder of Flourish Research Media that provides insights on markets, trading strategies & risk management. Currently an active trader with 20+ years of experience trading Forex, Stocks & Options. Areas of interest: Trend / Swing trading, Macro-tech analysis, building trading strategies, deploying Risk Management techniques, and helping / coaching traders to become successful traders. Twitter link: https://twitter.com/Flourish_Venkat      
This entry was posted in bitcoin, charts, crypto, Economy, stocks, Uncategorized and tagged , , , , , . Bookmark the permalink.

Leave a Reply

Fill in your details below or click an icon to log in:

Gravatar
WordPress.com Logo

You are commenting using your WordPress.com account. ( Log Out /  Change )

Google photo

You are commenting using your Google account. ( Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. ( Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. ( Log Out /  Change )

Cancel

Connecting to %s