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Disclaimer: The information provided in this trade alert is for educational and entertainment purposes only and should not be considered as financial advice. The author is not a financial advisor and is only sharing their personal trading activities in full transparency. The opinions expressed in this alert are the author's own and do not reflect the views of any other individual or organization. Investing in cryptocurrencies and other financial instruments involves a high degree of risk, and you should not invest money that you cannot afford to lose. Always do your own research and consult with a licensed financial advisor before making any investment decisions. The author is not responsible for any losses or damages resulting from the use of the information provided in this alert.

I've been waiting all day for this to give me the signal - it just hit at $205 - I like to leave some time between perps so it is only my first tranche. I entered usual 3.3X - LIQ LEVEL $141

I will go more at 200sh and more again at 192sh

I think tomorrow could be dark given BTC - BTC chart looks awful and I think it will fall tomorrow and could hit 86K and that would drag SOL down

But part of me has also witnessed SOL outperforming as market realizes it is a CRYPTO KILLER

NFA

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openmymind

Missed it. May have another shot at it here shortly

BIG_DUMMY

Why doesn't he short if he expects it to go down? I shorted the last time he closed a long and did quite nicely.

Trickydingo

Alright it’s time… enough sitting on the sidelines going to start learning perps. Mobile friendly video tutorial shared the other day was very helpful! I will be safe and start small… I do like that the liquidation levels if you play it safer/small on the leverage are pretty low/lower than we should hit in this stage of the bull…

Trickydingo

He shared this in the mopbots community interview this week. He can’t bring himself to short in Q4, it’s just TOO BULLISH

Trickydingo

Ok I’m going to ask a maybe silly question.. US tax implications. When trading perps, you are (in a winning trade) increasing your SOL bag. But… until that SOL is converted to USD, that wouldn’t be a taxable gain… correct? Thanks! Perps newbie here!

Parkin

It is a common question, but yes, it is a short term capital gain. You need to convert your SOL currency to $ to and report the gain (or loss) on Schedule D. For any gain or SOL added to your bag, the value of the SOL when added to you r bag becomes the its cost basis for when you eventually sell it, so must tract that as well.

AliveandKicking

Glad I bought MSTR on the dip at $335.63 !! LFG!!!

ivoryjudo

I dont understand the liquidation level 149 now when on 3.3x this is verry low, we probly dont see sol getting that low, this would be an easy win for us? im missing something..yes fees i see the fees.

beginner

Nice trade. Got in too early yesterday morning ng

SCT

hope you're all still in

Westcoast Warrior

Can any Canadians out there give me some advice on DEX they use. Thanks so much!

John2662

what do you want to know? Asking for a single DEX doesnt tell me much. Find me on discord