Post
Topic
Board Announcements (Altcoins)
Re: [ANN] FACTOM - Introducing Honesty to Record-Keeping
by
MyFarm
on 28/05/2016, 23:23:51 UTC
BTW, thx a lot Factom team. Due to your incompetence to deliver M2 on time, u ve cost us all a lot of money.

THANK YOU FOR THAT.
Actually, it's your incompetence as a trader/investor.  It's pretty easy to setup a hedge to protect yourself against moves contrary to your primary position.

No one hedges alrcoins. That defeats the entire purpose of trading swing coins. This isn't a 401k

I do.

I've cost-averaged into a large long position as fundamentals have dictated.  As technicals tell me downturns are imminent, I take short positions to hedge my position and close those as price action improves all the while lowering my cost basis.

It's not rocket science.