STEEM is making all-time highs today topping out at a little over $8 today and currently sitting in the $5.70s. Twas a pleasant surprise waking up to these gains. Had I started blogging earlier, I would have called out my entry on 12/28.
STEEM's previous highs in June was sitting in the $2.60-2.80 and my plan was to pickup 50% of my position in that area hoping it would drop some more before picking up the rest of the position. STEEM never closed below $2.60 but gave us one last chance on 12/30 to get in before breaking out to start the new year. Talk about instant gratification...
I will continue to build my long term portfolio in the following months, accumulating coins that I won't be afraid to 'baghold' and ride out the draw downs. Current allocation is about 60% long term, 40% swing trading. I will post upcoming swing trade opportunities, starting with Verge, XVG:
I like the entry on XVG anywhere in the 10-14c range. Looks like it's consolidating for the next move up.
I'm also going to continue to update the '12/15 portfolio' with 's positions. My actual portfolio will be judged against that initial portfolio as I will blog and use best practices in managing the '12/15' portfolio, which is +130% in a little less than 3 weeks! INCREDIBLE....
The chase is on...
Disclaimer: Cryptocurrency trading/investing involves substantial risk of loss and is not suitable for every investor. The valuation of cryptocurrencies may fluctuate, and, as a result, clients may lose more than their original investment. Please understand the risks and only use risk capital you're willing to lose. All trading strategies are used at your own risk.