STEEM BTFO! Great start to the new year!

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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 cryptographic@cryptographic'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.

STEEM BTFO! Great start to the new year! | Ecency