You made some really good points here @lbtyf , but I do not agree on your positions. I love a bit of volatility.
However, you say your current position is Cash and that the BTC/USDT chart is BTC/USD, while in fact USDT is tether. So are you currently holding USDT or cash?
Hello @cryptotrends appreciate the feedback. I am a huge fan of volatility too - but some traders and investors just deal with it like sitting ducks and watch trades go miles from where they started without acting. As you'll see from some of my future posts, there's a better way to manage volatility without the need for fancy options, hedging or other professional level tools. As for my positions -- some is real cash and some Tether as I have multiple accounts at multiple exchanges. Stay in touch--sounds like you know your stuff.