My long and short positions for BTC, gold, and stocks over the next couple of months

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LuckyRocketFull Member
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#1Jun 21, 2022, 08:34 PM
I'm short on gold until it hits 3230 bucks, that's the support level for it. When it comes to BTC and crypto, I'm feeling bullish. We seem to be at a solid support level, and I believe the bottom for BTC is already in for the next couple of months. 83k seems really low for BTC in my opinion. As for my top 7 stocks, I'm going long on these: Apple, Microsoft, Amazon, Alphabet, Meta, Nvidia, and Tesla. The Tesla car drama is just some FUD, and those tricks don’t work on me. Time to stack up more Tesla shares in my portfolio.
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paulyieldSenior Member
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#2Jun 22, 2022, 01:35 AM
Im thinking of shorting gold too, since it seems dust has settled except with china for tariff, no reason to hold onto something like gold if crypto and stocks can recover. Gold itself has been doing pretty crazy rally as of late and recent buying has been motivated by FOMO and fear of inflation. With BTC I already increased my size few days ago after looking at some big whales long position in Hyperliquid (LOL ). But with stock im thinking of NVDA since its affected so bad by deepseek and tariff. I really want to bet on AI for this.
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fox_2021Senior Member
Posts: 300 · Reputation: 1876
#3Jun 22, 2022, 05:55 AM
Why don’t you just long or short the Nasaq100 instead of dealing with these individual stocks as they make for the majority of the index. Just long/short QQQ and you’ll have the same effect. Bitcoin and the nasdaq100’s moves are mostly correlated so you are right to be on the same side of each trade. Basically you are guessing that the current mess will get resolved soon and stocks/crypto will soar and gold will crash because the uncertainty won’t last very long.
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bull_gangFull Member
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#4Jun 22, 2022, 07:02 AM
lol my trade is reverse that. Long XAU, HYPE, and BTC Short ETH and a basket of Ethereum L2s
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chain404Full Member
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#5Jun 22, 2022, 09:50 AM
$83k as low for BTC? Did you even see how much it has been for the lowest this week? Well, those tech stocks are going to plummet. You'd see that they are Trump's friend and milking the most to this manipulation they are doing. BTC should be more and better choice for long term holding and that is a good choice.
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jake_gweiSenior Member
Posts: 346 · Reputation: 1359
#6Jun 22, 2022, 11:00 AM
I'm not so sure with shorting gold, you got geopolitical tension, economic war, and a real war happening, gold isn't going anywhere, price will stay because current price is normal price if you see it from the perspective that there's something wrong going on in this world, I won't short gold, you literally going against the hype in this case. In regard of stocks that you mentioned, which all of them are tech, I think they are way too overrated post covid up until first Q3 of 2024. I don't really like investing in them because their value is inflated because recent technology boom, we're already too late for the best entry.
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0xR4v3nSenior Member
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#7Jun 22, 2022, 04:36 PM
Long for what target? And you got limit of course, what are they? I mean anyone can say anything I can say I'm long on gold for new ATH, should be pretty good with BTC also heading back to 90k? Whats the diff man?
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mark_whaleSenior Member
Posts: 238 · Reputation: 968
#8Jun 22, 2022, 05:04 PM
What price points are you looking at to take profit in both of the positions you opened? Or you are a shorting and longing just for the sake? If after 2 months the positions are in losses will just close them because the 2 months period if over or will you just add more months to that. All I can tell you is when you trade with leverage, the longer the period you plan to keep your position, the riskier it gets unless if you are going to use an extremely low leverage.
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vault_alphaHero Member
Posts: 363 · Reputation: 2228
#9Jun 22, 2022, 05:55 PM
With all these plans for trading/investing, I can only deduce that you are trying to trade the reversal of the market, I hope you earnfrom them. And I also hope that Trump's actions will not trouble the US stocks purchase, for his effect might have subsided for the 90-day tariff grace. What's next after that? I don't see any of those markets as safe yet, especially when countries are trying to cut off deals with the US as much as they can. That may not make the US stocks reliable as before, power/economy might change. Also, it's okay if you short Gold temporarily, but betting against Gold in the long-term view is like betting against yourself. It's dangerous!
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falcon_2011Full Member
Posts: 55 · Reputation: 473
#10Jun 22, 2022, 11:25 PM
BTC may fall off deeper in the upcoming months, but the price is still good, in my opinion, to reach and grab some positions for the future to come. We may go to 70k-60k, but it doesn't really matter in the long run.
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