BTCUSDT20221111P17000
Bitcoin / Tether USD Nov 11 2022 17000.00 Put
crypto

MSTR followed the price of BTC. SPCX has what… hopes and prayers?

Hey everyone,
I’ve been developing a custom risk-management system in Python connected via API to trade crypto futures, and I wanted to share the logic and performance stats from today's session.
Instead of focusing purely on signal entry, the core architecture revolves around **defensive trade management**:
* **TP1 Trigger:** Once the price hits Take Profit 1, an asynchronous request instantly modifies the active order, moving the Stop Loss (SL) to **Break-Even** to eliminate downside risk on the remaining position.
* **TP2 Target:** The remaining portion of the trade runs towards the main target.
* **Initial SL:** If the market reverses before reaching TP1, the initial SL cleanly cuts the trade.
# Today's Session Performance Stats:
I ran telemetry tracking across various crypto pairs (Longs and Shorts). Here is how the risk distribution looked:
* **Main Target (TP2) Hit:** 14 events
* **TP1 Secured (Moved to Break-Even):** 51 events
* **Initial Stop Loss Hit:** 22 events
# Example Log Output:
Plaintext
🟢 RISK DESK TP1 REACHED (LONG) | Asset: BTCUSDT | Price: 64262.8 | SL shifted to Break-Even
🎯 RISK DESK MAIN TARGET TP2 (LONG) | Asset: ZECUSDT
🛑 RISK DESK STOP LOSS (SHORT) | Asset: EULUSDT

If anyone is building similar websocket/API handlers for Bybit or experimenting with dynamic SL shifts in Python, I’d love to compare notes or discuss how you handle API rate limits during high volatility.

If you were to hold CRO from 4 years ago congrats you're down 89%, if you held BTC congrats you would be up 36%. CROFAM is in denial, sell the scam and buy something with bulls, BTC and XLM good options.

I lowkey regret how much time and money I dumped into alts over the years, wish I just bought BTC the whole time

Who said I'm a BTC maxi? The conversation here was about BTC though and you cherry picked gold and silver price / time frames for whatever reason and I was just pointing that it proved nothing.

ChatGPT literally told you no:
>"So the practical answer is: **for ordinary retail investors, no US BTC ETF lets you withdraw BTC directly to a blockchain wallet"**
Also, fractional reserve doesn't work the way you describe it, and ChatGPT also explained that in the answer.
They don't buy Bitcoin whenever you withdraw, that would be too late. They keep a reserve: "The exchange keeps only a **liquid reserve** in its wallets" and a reserve to that reserve: "The rest may be in cold storage".
So when you withdraw it comes from one of their reserves.
But yea, they do periodically replenish their wallet every now and then. But not as much when we're in a bear market.
In a bear market they need more cash, and have too many coins. So they'd be selling their coins.

How you figure? This company pays out the crypto hits by sending you an empty Ballet wallet and then loads the funds into it once you confirm receiving it. I have claimed many… biggest they have is 1 BTC pulls
https://preview.redd.it/zdzyr8sbzffh1.jpeg?width=1170&format=pjpg&auto=webp&s=f9bb86130864742ef50ea88c8982886bc5e930cb

There is no way to know from the pseudonymous data on the blockchain, but what you *can* know are the total number of addresses that hold at least 0.1 BTC. That number as of the beginning of July was between 900,000 and 1,000,000 addresses. The problem is that there is no way to know how many of those addresses are associated with one another, e.g. some large holder or institution may own many of them, even within a derived chain in a single wallet.

0.1 BTC already gets you into a fairly exclusive tier, well below the wholecoiner level but ahead of the large majority of addresses!

Pulling BTC from a trading card pack 👀 integration to the masses is inevitable!

I’ll ask this again, because you seem confused…how does owning large quantities of BTC give you any say in how the network operates?

ETF is not something you withdraw to a wallet. You get the cash or the ETF, not the crypto.
And CEX is not paper. If you buy a BTC, you actually have a BTC you can withdraw. And the price goes up when you buy, not when you withdraw.

reduced exposure of btc from 5% to less than 1%. theres better ways to make money in this market than BTC. even if it pumps 100%, 200%, theres so many companies that have produced 10x those returns in the last 2 years.

SOLVED THE GME JPN CARRY TRADE

Okay I got it i think: Here me out. Why is Ukraine attacking russian soil and oil factories?
This is hard...so Brics nations member are working together coming up with new currency XRP coin, its because America at the start of the Ukraine war removed russia from the swift payment system this is like BTC meant to allow free trade.
They BRICS nations happen, to trade based on GOLD. not USD.
Okay, so we have BRICS coming together removing trade from America weakening their position in a very bad way. Now we have an attack on Venezuela where Russian China and Iran were getting oil,
Then they had to attack IRAN because the world mostly uses middle east oil. This way they can prolong the WAR as long as they can to force others to buy from who? Well with russias oil being attacked now, america is the oil to buy.
Chine and Russia and Iran are building a rail system that circumvents the power of the us navy
See it? They blew up russian oil pipelines to europe because of this threat, because their BS steal from the poor and give to the rich system is coming to an end. Infinite growth is impossible to sustain. We are just seeing the end of the old monetary system.
1. Remove all oil pipelines from russia to europe.
2. Remove the oil from venezuela
3. Remove the oil to the rest of the eurasian continents by stalling the straight
4. Force everyone to have to buy US oil thus putting strength back into the US dollars
5. This is also why the insanely strong out of nowhere push for crypto and Ai infrastructure.

This is all a ruse, they are using all this shit to prevent the collapse of America. This is only going to delay things.....now the fun part.....

GME Roaring kitty was pointing to THIS, the collapse of the American financial sector which would for banks to call in all debts causing the short position in GME and others to cash in. The Japan carry trade only stalled because america attacked the entire planet. Japan will unwind more if this fails so guess what, that war in Iran is NEVER going to end because if it does that means the world can go back to getting cheaper Iranian and Russian oil.

Just try and pick this apart.

Why hold that crappy ETF (with a huge expense ratio) instead of buying BTC and hold it on a cold wallet?

Lmao, $200k? Says who? Do you have a crystal ball? I'm telling you, dude. BTC literally had a president openly promoting BTC. BTC had an enterprise like Strategy pouring billions into it. Weekly buying. BTC was one the most hyped crypto. Yet, BTC had small rois in comparison to a boring stock such as XOM and Nvidia. Plus alts such as XRP, SOL and TRON had bigger rois than BTC's. Also, TRON is only 28% from its ATHs whereas BTC is down about 51%, brutal!!!

What BTC? You should never say. ;)

Nobody knows for sure because most people have multiple wallets. So less ppl than wallets with .1 BTC or more.

Well the money is in a rollover IRA so i couldn’t take it out and add to my ledger anyway
Other than that MSTR owns 55 billion dollars worth of BTC vs MSTR market cap of 33Billion
If btc rolls , mstr market cap will fill that gap if not exceed their holdings

I buy long-term options on IBIT with extra money, two years out. It's Blackrocks spot ETF on BTC