Recently, my strategy will start to become a bit more conservative.
Cryptocurrencies have been strong for a while, and many altcoins have bounced back quite a bit from their lows. In this phase, I won’t keep increasing risk just because the market is doing well—I’ll gradually reduce it instead.
The reason is simple: the external environment isn’t very comfortable right now.
Oil prices have moved back above $100. The yield on the US 10-year Treasury note is near 4.84%. Market pricing for September rate hikes is also around 60%. Next, PPI and CPI are about to be released—if any of these data points comes in hotter than expected, rate-hike expectations could be revised upward again.
So lately, I won’t be particularly aggressive in chasing rallies.
Positions that have already made money will continue to be held, but I’ll reduce leverage, keep some cash, and I won’t casually go all-in with my positions.
When the market is strong, it’s not only about thinking how much more you can make. Sometimes, protecting the profits you’ve already earned—and waiting for the market to offer better odds again—is even more important.
$BTC $ETH $SNDKB
Cryptocurrencies have been strong for a while, and many altcoins have bounced back quite a bit from their lows. In this phase, I won’t keep increasing risk just because the market is doing well—I’ll gradually reduce it instead.
The reason is simple: the external environment isn’t very comfortable right now.
Oil prices have moved back above $100. The yield on the US 10-year Treasury note is near 4.84%. Market pricing for September rate hikes is also around 60%. Next, PPI and CPI are about to be released—if any of these data points comes in hotter than expected, rate-hike expectations could be revised upward again.
So lately, I won’t be particularly aggressive in chasing rallies.
Positions that have already made money will continue to be held, but I’ll reduce leverage, keep some cash, and I won’t casually go all-in with my positions.
When the market is strong, it’s not only about thinking how much more you can make. Sometimes, protecting the profits you’ve already earned—and waiting for the market to offer better odds again—is even more important.
$BTC $ETH $SNDKB