Proceeds from today's sales into SBD.


http://i.imgur.com/wPPpGNb.jpg


I know it's early, and we'll get strength to sell into, but a 10% portfolio hedge is not excessive by any means. I might miss out on some profits, but capital preservation is one of my highest priorities. Like they say, I'd rather be out wishing I was in, than in wishing I was out.  

Now, let's see if we can get a bounce one of these days.  


LTC still bullish BTW.

Edit: GRS, NLG, PIVX, STEEM and XEM are still bullish too, but most are hanging on by a hair.

I've got the rest officially under bear market rules now.

BTC still alive as well - 2370 is my first short term bullish above, bearish below, level to keep an eye on.