Protecting the money

Bitcoin Forum > Economy > Economics > Speculation > Protecting the money

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Topic: Protecting the money (Read 695 times)

Crypt_Current (OP)

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Protecting the money

April 18, 2012, 03:12:09 AM

is it time to pull out all the stops?

Do yall have your longs in BTC for increased leverage, or USD now to protect against downspikes? Talking about bitcoinica here

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Dan The Man

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Re: Protecting the money

April 18, 2012, 03:15:13 AM

I just take the worst spike I can imagine, double it, and keep that as the liquidation limit for my position. Given enough time, there is a correction for every spike.

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