Its interesting the chart they show, global companies are beating EPS and revenues quite a bit more than domestic companies. The global growth thesis is playing out
You are using an out of date browser. It may not display this or other websites correctly.
You should upgrade or use an alternative browser.
You should upgrade or use an alternative browser.
Global Macro Trading Journal
- Thread starter Daal
- Start date
I'm going to move of my Ethereum to a 'cold storage' for safety
https://www.myetherwallet.com/
I will keep the private key in a USB as well as in paper form (for backup). That USB will not be connected to my computer, unless I plan to move the ether or spend it (or sell).
I will keep my public key readly avaliable on my computer so I can deposit on the account as needed.
I will still keep a certain amount on Kraken for margin purposes so I can do short-term trades in their pairs. But I will move profits to the secure account as needed
https://www.myetherwallet.com/
I will keep the private key in a USB as well as in paper form (for backup). That USB will not be connected to my computer, unless I plan to move the ether or spend it (or sell).
I will keep my public key readly avaliable on my computer so I can deposit on the account as needed.
I will still keep a certain amount on Kraken for margin purposes so I can do short-term trades in their pairs. But I will move profits to the secure account as needed
Last edited:
The only real risk that I will be taking will be in the case of fire in my residence. But this ether wallet site allow you to use a combination of a file + a password to also unlock your private and public keys. So perhaps I will keep the file with someone that I trust (but not the password), so problem solvedI'm going to move of my Ethereum to a 'cold storage' for safety
https://www.myetherwallet.com/
I will keep the private key in a USB as well as in paper form (for backup). That USB will not be connected to my computer, unless I plan to move the ether or spend it (or sell).
I will keep my public key readly avaliable on my computer so I can deposit on the account as needed.
I will still keep a certain amount on Kraken for margin purposes so I can do short-term trades in their pairs. But I will move profits to the secure account as needed
Also bought a 0.2% position on Bitcoin Cash (BCH). The spinoff Bitcoin after the fork. This thing is supposed to suck but its having a big up day today and could be the start of a big breakout. Who knows, maybe it will triple. 50% stop or so. I need to do more reading about this one, I do recall something about potentially being worthess, hence the stop
Last edited:
I just wired another 1% to Kraken for further trades/long-term positions. The thesis is very simple, this is 1997/1998 and cryptos are the new tech stocks. This is likely to go a lot further and last longer than people think
I thought this was all overdone short-term but when Bitcoin broke through $3000 and rose $1400 from there, then that just shows that nobody understands what is going on, and the default answer should be to buy
I thought this was all overdone short-term but when Bitcoin broke through $3000 and rose $1400 from there, then that just shows that nobody understands what is going on, and the default answer should be to buy
Daal I love your focus on convexity lately. I agree with you and I am looking ahead to what I think might pay off big in the future. One I am looking at in the crypto space is Radix. I know there are tons of stupid alt coins but if this one delivers what it claims to it will be a game changer. There isn't any way to verify anything right now, but I am following it closely and waiting for the details of the first offering and the patents. The guy behind it seems very different from all the scumbags pushing the BS coins, and he has been working on it for an eternity in crypto land.
Tks. I will check it out. If there is one thing that I'm learning in this coin space is that buying is better than doing analysis lol.Daal I love your focus on convexity lately. I agree with you and I am looking ahead to what I think might pay off big in the future. One I am looking at in the crypto space is Radix. I know there are tons of stupid alt coins but if this one delivers what it claims to it will be a game changer. There isn't any way to verify anything right now, but I am following it closely and waiting for the details of the first offering and the patents. The guy behind it seems very different from all the scumbags pushing the BS coins, and he has been working on it for an eternity in crypto land.
Seriously, I spent a lot of time in the last few weeks trying to figure out the best entries, exits, how much downside the market had, how much upside, etc, etc. Yet buying was better than all of this. I skipped buying BTC at $1,700, ETH at $138 (actually I did buy, but sold it all at $160s-$170s). But buying and holding outperforms it all. I think this will be a huge bubble, so I want a core position of a few percent and then put levered trades when I see charts that I like. I already prepared a 20 links or so with charts of the main coins that I will be looking over EVERY morning for potential swing trades (to boost returns from my core holdings)
Bitcoin cash has been a decent example so far, I 'chased' a $90 move. Normally, this is a terrible idea. Yet in this market, I'm already up $100 a coin in less than 10 hours. "shut up and buy" is better than analysis or second guessing things, much better. The more you think, the worse you do, at least for me
Taleb better explaining the concept that I wrote about recently, what people say vs what they do
Good trading/investing comes from what people do, NOT what they say (or even what they think about their methods)
Good trading/investing comes from what people do, NOT what they say (or even what they think about their methods)