It's Bad!!!

#crypto #trader #altcoins #bloodbath #crash

Altcoins got murdered over the weekend. Our portfolio stopped out of 14 of our 21 trades. A few are barely hanging on and may be stopped out soon. We’ve lost 30% of our portfolio balance. Thanks to re-instituting SL on some trades a couple of weeks ago, we didn’t lose more. Though the portfolio looks nasty right now, it definitely could have been a lot worse without stops and I know some traders have been absolutely decimated and are ready to quit crypto trading forever. Those of us who’ve been doing this for a while know the drill. There could be a bit more selling to come as BTC looks to retest our neckline at 48,400 …something I definitely thought would have come sooner rather than now. But as long as that level holds for BTC, we are close to the end of this bloodbath.

I will put out a short video sometime today.

For those that like loss porn, you can view all of my portfolio details here: