[GENERAL] Sharing my learnings while trying to 10x over the next 6 months my initial investment in ETH/BTC option trading.
Trading in public crypto options.
Welcome to CryptOptions by Raph Grieco, occasional crypto options trader (ETH, BTC). Sharing my learnings while trying to 10x my initial investment over the next 6 months. Doing no recommendation.
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Forewords
Hello, Raph here. Welcome to CryptOptions.
I am an occasional Crypto options trader (ETH, BTC) for my own portfolio.
In CryptOptions, I am sharing my learnings while I am trying to 10x my initial investment over the next 6 months.
My initial investment is 2 ETH (2.083732 ETH to be precise).
For the purpose of CryptOptions, I have started trading on Deribit.com (I am not an affiliate) on February 23rd, 2021.
To make things clear from the start
I am not employed by any company active in crypto trading who would be behind the scenes of CryptOptions. I am 100% independant.
15 years spent in wealth management in advisory and portfolio management roles have helped me understand how to diversify assets, mitigate risk and allocate funds across investment strategies. It does not mean that I never lose $ obviously ;) ❌🔮
When making my investment decisions on CryptOptions
I will mostly use technical analysis that I used a lot over the course of those above-mentioned 15 years, plus what I learned when studying for the CMT (Chartered Market Technician diploma, the “CFA” for technical analysis) that I passed in 2011 (again it does not mean that I never lose $ obviously ;) ❌🔮).
When it comes to newsflow, I will also considerer major announcements in the crypto world or in traditional finance while also incorporating macro topics when I find them potentially relevant.
I will split my posts in five categories, as follows
[TRADING] : daily / weekly / monthly / quarterly P&L analysis and sharing of my investment decisions. Expect this kind of posts to be at least 50% of my writings.
[EDUCATION] : Technical analysis is broad and knowledge is vast. I will from time to time attempt to explain history of Technical Analysis, tips & tools and share my personal understanding of major indicators and charting techniques. 20% of my writing.
[GENERAL] : Catch-all for CryptOptions. 10% of my writing.
[GUESTS] : CryptOptions is also open to guests who want to shares their learnings and insights about trading crypto options. 10% of my writing.
[TOOLS] : update on tools that I use, and tools I find useful for the purpose of CryptOptions. I am not an affiliate whatsoever and while I am not pursuing any kind of monetization at the moment, this may opportunistically arise. In that case, I will be transparent and disclaim any potential affiliation or source of income stemming from CryptOptions. 10% of my writing.
To sum up
Nothing here is science and I will be making all my investment decisions with my own biases ;) while still trying to 10x my initial investment of 2 ETH in a 6-month time frame! Personal challenge!
CryptOptions does not provide any financial advice. You should carefully consider your own financial situation and have a diversification approach towards risk. While return profiles seem attractive, you are made aware that investing in derivatives & cryptocurrencies is a very difficult asset class where the entire capital invested is at risk or even more in case you short instruments. There are oftentimes little liquidity available.