We're long already, after trying to capture the bottom of this pullback and suffering a slight drawdown (our average buy is around 0.01140). The trend seems to be turning up in this chart, and it presented us with a good opportunity to hedge half of our long BTC position at least.
After today's close, we could add to it on dips, so, keep an eye on it and be ready to buy ETH with BTC. I reccomend using margin, but just swapping part of your BTC for ETH is ok.
Good luck,
Ivan Labrie.
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Monthly uptrend active in ETHEUR, ETHBTC might be choppy, but looking forward to buy each single dip as a short term trade.
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-I just banked some margin longs for a neat 2% gain-
When you say you "banked", did you exchange for BTC or back to fiat?
IvanLabrie
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@Rivet.popper, I was long ETH with BTC, using leverage. I had a loan in BTC, to buy ETH. When the relative strength of ETH over BTC improved, I got out at a profit. I get paid the difference in price, in BTC. I didn't touch my ETH holdings.