![image.png](https://files.steempeak.com/file/steempeak/asteroids/Dfb1py0E-image.png)

"*The Asteroid Files are an archive of my detailed, real-time accounts as a cryptocurrency trader. I am not one for posting frequently, but a friend told me to do a fun little series on how I trade, what I trade and why I trade. Maybe this could turn into something fun. Maybe not.*

*Either way, I'm going to enjoy myself and tie in some fun science fictiony type of stuff with my daily trading endeavors.*

*Hopefully I can either bring some direct value via entertainment or my sheer trading awesomeness. Regardless, anything you read in my files are not to be taken as financial advice, as that would be wildly irresponsible.*

*Invest at your own risk and seek help if you are not experienced. My posts are for entertainment purposes only, especially considering that the title of this series is about asteroids which has absolutely nothing to do with trading... or does it?*"
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## Asteroids Portfolio Snapshot:

![Screen Shot 20190823 at 3.31.23 PM.png](https://files.steempeak.com/file/steempeak/asteroids/lQH81SNN-Screen20Shot202019-08-2320at203.31.2320PM.png)

## Portfolio Commentary:

The past 24 or so hours has been nice to the ALTS.. We've seen a nice little rally, but the portfolio is still all in the red. 

As you can see, some positions are finally returning to that 0% ROI mark, which is good but ARK is still quite low.

I like the ARK project, so pending more evaluation, I may add on to this position and DCA the position higher so that the eventual correction upwards (which I anticipate will happen soon) will have a greater degree of positive effect for the ROI of the portfolio as a whole. 

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## Hedging Post-Rally

Post-Rally Hedging is something I always aspire to do.

I don't always follow through on that, but this time, I have a plan to make that happen. 

As this rally appears to top off, I will pull some capital out of these ALTS and into some USD (or USDC) to be re-entered in pending a correction.

Corrections won't **always** happen. But they sometimes do. In the case that there isn't a correction and alts rally even further to the upside, I may pull the cash out and use it to diversify into other holdings or even BTC.

In the event that a correction **does** happen, then I'll use the USD that I've hedged to reinvest and size up my positions even further beyond their original standings. 

This is a prudent move for anyone in crypto, despite having a long-term mindset.