Episode #64: Shorting the Bull Rally
This episode is all about Bitcoin trading, market analysis and charting. Our guest this week is vital to this theme and we have a friend of the podcast (Marc) filling in for Marcello. I think sharing this has value to the bitcoinmarkets community because some of these experiences are hard to come by: Our guest was there when bitcoin was trading at 600 when he shorted it. He was there when market went deep bear below 200 when he went long. He was there when OKcoin margin called literally every short up to 350 during a DDOS causing him to lose 8% of his coins from hedging, not even trading. He was there when bitfinex allowed him to trade at a leverage of more than 6:1. You often see traders YOLO, come and go, but trading is a marathon. Amateur traders like his old self don’t survive long enough to tell stories later. Well, later is here. And stories we shall tell.