On another note, I'm willing to accept that DOGE is on it's way back down and I'm prepared to go into a months long margin short on it with Poloniex. I'm curious as to whether you have any knowledge on how expensive lending can get with DOGE.
Thanks for sharing your "ideas" ...love this format you're using. Following.
I did notice the regularity of DOGE movement over time and it really does explain it's place in the market. I allowed myself to buy a couple million YACC back in 2015 but released them into the wild when Poloniex delisted them. Perhaps I'll work on getting me a sizable herd of doggies over the next few cycles.
The link provided is interesting. Looks like XRP may be the first to intersect BTC on total market cap. Not saying that will ever make them worth over 300 USD as many HODLers believe but if Ripple is the one to first dethrone Bitcoin...so be it. Why would anyone be surprised by such a turn of events?
Thanks for the clarification.
Perhaps I'll go for the long short with the profits from my current short on XRP.
That's the beauty of margin trading. You can always get out with minimal loss. No bags...'cept BTC.
I will buy what I long at times though and sell out when I quit the trade.
A challenge in bitcointalk back in early April of 2015. I promptly spent all of it on Neucoin's ICO hahaha.
I guess I can say getting into BTC at 200.00 USD was right too as I hadn't even heard of it till well after Mt. Gox. Yeah...I've gained and lost millions since then...on paper.
Thanks for sharing.