Title: Crypto Position Sizing Post by: CoinCollector006 on May 24, 2017, 02:51:57 PM Cryptos seems to be much more volatile than equities or traditional FX so I am making smaller trades than I am used to. I am new to this pace started only in late March 2017.
1. BitShares purchased 0.29 BTC worth of Bitshares mostly using 001 NTC trade sizes from April 7 to May 2, 2017. This was a 33,000 share position on the idea of decentralized exchange. At the time the price of BTC was $1300-$1500 so this was a $500 investment. Its now worth about $2900 as of May 24.2017 and BTC around $2300. 2. ArtByte purchased 0.265 BTC of ArtByte all on May 23, 2017 this led to a 199,00 share position for about $600. Its still early on this trade and still don't know if this trade will work out but it seems like a good idea to have a currency for the artist community. Critiques and insights appreciated on what position sizes you are using in terms of share count and or dollars invested. |