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Status: Derisked a bit because Circle could potentially face trouble during redemption because Signature bank is shut down by GOV according to @zoomerfied
Update: I've derisked a bit here, and reduced a 300k position. Now I hold 1.3m USDC in spot.
Thank god you sold all your $NBIS Yesterday to derisk into FOMC 🌝
The way we retrace every impulse is kinda worrying Derisking, need more clarity on the whole picture
BESSENT ON TRADE: WE DO NOT WANT TO PULL APART FROM CHINA BESSENT ON TRADE: WE HAVE TO DERISK
i’ve made a lot of poor financial decisions in my life, and derisking most crypto a few weeks ago counts as one of those (so far). it happens, i got chopped up and missed out on some gains. not the first time and def won’t be the last. so what to do now? same thing as always. make the best decision i can with the info avail to me and then live with whatever happens. not sure what that is yet. congrats to the brothers who held strong, you were rewarded and deserve it 🫡
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A meaningful move in Technology today but one which creates a tricky short-term process for those that had derisked.. and while some stocks look quite good here technically, many of the Memory & Semis maintain bearish weekly momentum which will take time Both $TNX and Crude have to be watched carefully headed into 8/12-14 as uptrends could certainly kick into gear for both which have been tailwinds for risk assets in recent weeks. In my video tonight, i discuss a strategy for the best way to attack Tech for those who care. Below is #IBD# Equal-weight Technology ETF I'll be doing my monthly call on Thursday this week which comes at a timely period and encourage clients to join @marketsurge @IBDinvestors #ibdpartner#
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