BTC Futures : My first attempt with a target price of 0

4 apr

Hello friends; I think not believing in Bitcoin is as natural as believing in Bitcoin.

I can't express my opinion here with moving averages and/or RSI levels.
The Beyond Technical Analysis might make sense for this trade.
If we are wrong, what is important here is our position and risk management. We do not open a transaction to say "I told you so".
I cannot explain this with any technical analysis method, blockchain data, etc.
Technically; everything that will be built based on this is the same as building a sand castle.
I don't think Bitcoin has an equivalent.
If we consider serious inflation rates, it is obvious that people will have much bigger and more vital priorities than buying Bitcoin or other cryptocurrencies. I am not even talking about electricity costs.
I definitely don't think it can be in the same class as Gold.
This trade alone offers us a very good risk/reward ratio.
I chose the contract covering the next period ending on May 30th, not the continuous CME contract, in order to save time.
A good place for a first try.
I will definitely try something similar.
I don't think I will have any views other than the short side in the future.
For years I have been asked, "If you don't believe us, why don't you open a short position?" I will try to achieve this.
So there's also an experimental side to this.

HIGHLIGHTS

1. We are closing our position before the contract switch date of May 30, 2025, without looking at the price. If necessary, we will try again in the next contract.
   

1. The value of 113690 is our stop value. We end our trade at this value.
   

1. We choose the smallest value as the position size.
   

1. If you expect something to be 0,
   you should choose trading instruments that evaluate your position in currencies rather than in BTC value.
   I chose CME because it is suitable for this.
   Contracts that are further away are definitely not liquid.
   It may be difficult to find buyers even at high values.
   

• Target : 0
  

• Absolutely no margin addition.
  

Best regards.

4 apr

Trade attivo

CME contracts provide leverage of approximately 2.14.

In other words, we could have relaxed our stop-loss to 46.73 percent.
But for now, there is no need.
We will open a new position end of this contract date.

24 mag

Trade chiuso manualmente

Friends, the plan has changed for a while. We will not try shorting crypto instruments again before 2026.
Signals of implicit monetary expansion are being received.
We waited to see if the failure to resolve the tariff talks would cause a chain reaction, but this did not happen.
Best regards.

2 giu

Nota

I am 100% sure it will hit $0 but not now.