BitcoinStu on Nostr: I certainly do time the market. As I've said previously I opened a futures long in ...
I certainly do time the market. As I've said previously I opened a futures long in Oct 2023 when price was $27,500. I'll be dropping that leverage somewhere in the next 6 to 12 months.
At that point I'll probably sell some call options and wait.
Bitcoin's 4 year cycles are pretty clear and obvious. It doesn't take a savant to understand those cycles and apply leverage at the right points in time.
Published at
2024-08-16 23:04:44Event JSON
{
"id": "5559ea9303773a231a9a76c59d29bf900dc2d7349ce7771e7c6763125086841c",
"pubkey": "e75960285a603026fbca0ff2f0bed5acf12c1994fa2b00686fd17bd4307dafb8",
"created_at": 1723849484,
"kind": 1,
"tags": [
[
"e",
"85759a2c975fbb1920fb356485421248df05b7136ea49f191dcd5d669cfbe18c",
"",
"root"
],
[
"e",
"d217cae9cecb141171f1b9aba2d2e13ed485def46ba84508e6873002531b7111",
"",
"reply"
],
[
"p",
"8d78f3903a1b708c77696e07d2f49065e792b830825679af650313c2d3233370"
],
[
"p",
"18905d0a5d623ab81a98ba98c582bd5f57f2506c6b808905fc599d5a0b229b08"
],
[
"p",
"ecf468164bd743b75683db3870ce01cb9a1d4b8ec203ed26de50f96255bbc75a"
],
[
"p",
"e75960285a603026fbca0ff2f0bed5acf12c1994fa2b00686fd17bd4307dafb8"
]
],
"content": "I certainly do time the market. As I've said previously I opened a futures long in Oct 2023 when price was $27,500. I'll be dropping that leverage somewhere in the next 6 to 12 months.\n\nAt that point I'll probably sell some call options and wait.\n\nBitcoin's 4 year cycles are pretty clear and obvious. It doesn't take a savant to understand those cycles and apply leverage at the right points in time.",
"sig": "ebfea22ed472b8ad9b5e3e6be349ee26896573234a38185d5a5e28d5c82b53178fbf3f96beadae9a77aa3c0affba41ec4d9c5d29ba56453d350f217e535c48de"
}