Made quick minor pivot based on ANT group shut down, bitmain (ant/baba etc) loaded on baba again, and took out large positions in Chinese Banks because J. Ma is about to fund and own the whole digital yuan via the State. Big buyer of Chinese banks to close out year. Lol just a fun risk based on the extrapolation of bitcoin, Ethereum and other digital currency adoption, usage and lack of understanding blockchain and currency,how it works at the core, and I feel China is the player to gain. I am also interested in the AUD (new to forex). Happy New year all!... I will post my year chart at the end of the day or day after =) "The greatest vessel is never full.." - Lao Tzu
Matthew Lansing 307 Risk mgmt
Love theory and theories.
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Disclaimer: I only have anecdotal evidence as support of my concept.
From what I have seen, timeframes for coin trading the past couple weeks has been atleast more volatile beginning market close Friday through 2am CT Monday. Compared to the week It appears news does not impact crypto the way a tweet does the U.S. economy. After the massive price drop due to an erroneous response to a tweet that, in theory, could have destabilized a whole country, it seems to have a larger moat to knee jerk tweet reactions. between 11pm and 3am EST is my current time frame to research stable/altcoin movement. Hope I make sense, apologies for the rant in advance =) (could not post as answer or comment)