Yeah, some on here just have weird views on what trading is all aboutAnd that's the way it should be buddy!
I dont trade oil because I have a car and there for, an affiliation with the product, I trade it because I think it will move in a direction, simple as that.
Focus on managing risk, then the instrument is irrelevant.
Obviously crypto risk is higher as it "could" go to 0 or as near as.
So allocate for that risk, and all is fine.
Personally I think today was a cycle low spike in the main cryptos, and I will be looking for a buy on any cheap down test Monday if it occurs. For no other reason than price appreciation, and the fact Im willing to take the risk, and I will use no leverage.
Been waiting 2 months. Maybe Tar will sell to me, or maybe he wants more downside? each to their own
Oh well, onwards and upwards, unless it's down