I decided to open a new pair trade: went long XRPUSDT at 1.4592 and shorted NEARUSDT at 4.964 at the same time.
💡 Interestingly, the first meme coin in history, Dogecoin, was created as a joke in just a couple of hours to poke fun at speculation in the crypto market. The irony is that it eventually became one of the major speculative assets itself, giving rise to an entire sector with a market cap in the tens of billions.
Risk is under control, and protective stop-losses are already in place for both positions. Do you hold meme coins in your portfolio?
#XRP #NEAR #Futures #CryptoTrading
💡 Interestingly, the first meme coin in history, Dogecoin, was created as a joke in just a couple of hours to poke fun at speculation in the crypto market. The irony is that it eventually became one of the major speculative assets itself, giving rise to an entire sector with a market cap in the tens of billions.
Risk is under control, and protective stop-losses are already in place for both positions. Do you hold meme coins in your portfolio?
#XRP #NEAR #Futures #CryptoTrading