I took a short position in BTC last night.
Short -10 BTC.
Let's see how it plays out. Im expecting it to go to $200 and lower.
Never trade with leverage in a flat market and
NEVER short in a flat market.
Even if the market does end up going your way in the end (and I believe that it will), you will get shaken out of that position, I can almost practically guarantee it.
Thankfully Matt I don't listen to a single word of your advice. Infact, doing the opposite of your advice is a pre requisite for me.
So the price has moved down a little since I took the position, but other than that no big changes. I'm waiting for a break downwards. I'm thinking of donating my profit to a charitable cause, please feel free to post your suggestions.