$BTC if you are wondering why am DCA for my spot positions in those ranges, here is the reason why:
1- Before the 2021 bull run, #Bitcoin tested the 20 MA multiple times before flying
2- the second part of the bull run, #Bitcoin tested the 50 MA multiple times before flying
3- Now, bitcoin is testing the 100 MA multiple times? does it that mean we will see ATH, we do not know yet but most likely we will go up. The PA on the 100 MA will range within 39k 34.5k and 28k, and that's why am DCA As we cannot catch the bottom
4- I left 25% of my portfolio in case we actually in a bear market and test the 200 MA on the weekly tf. But if we do touch the 200 MA, that means we are in a bear market and will stay there for long period of time, and the price will be around 20-21k.
5- IMO, Bitcoin will not go below 20k maybe a spike touching 13-14k, and if it does maybe because of the rescission, and WW3.
All we can do is just wait, and accumulate during that time for long term.
Personally, I would rather to take the risk than missing the opportunity
Remember you only invest what you are willing to lose.
I will keep scalping no matter what the condition we are in.
1- Before the 2021 bull run, #Bitcoin tested the 20 MA multiple times before flying
2- the second part of the bull run, #Bitcoin tested the 50 MA multiple times before flying
3- Now, bitcoin is testing the 100 MA multiple times? does it that mean we will see ATH, we do not know yet but most likely we will go up. The PA on the 100 MA will range within 39k 34.5k and 28k, and that's why am DCA As we cannot catch the bottom
4- I left 25% of my portfolio in case we actually in a bear market and test the 200 MA on the weekly tf. But if we do touch the 200 MA, that means we are in a bear market and will stay there for long period of time, and the price will be around 20-21k.
5- IMO, Bitcoin will not go below 20k maybe a spike touching 13-14k, and if it does maybe because of the rescission, and WW3.
All we can do is just wait, and accumulate during that time for long term.
Personally, I would rather to take the risk than missing the opportunity
Remember you only invest what you are willing to lose.
I will keep scalping no matter what the condition we are in.
Comment:
Please share your opinion as we all could learn from each other
Comment:
If you got confused with my DCA: This is just for my spot long position with no leverage.
25% of my portfolio already in the market around 38k
25% will be adding around 34-35k if we go down there.
25% will be at 28k, and I do not mind if we do not go down there.
25% cash for bear market.
My scalping portfolio is a separate account, where I will keep making money regardless whether we are up or down.
25% of my portfolio already in the market around 38k
25% will be adding around 34-35k if we go down there.
25% will be at 28k, and I do not mind if we do not go down there.
25% cash for bear market.
My scalping portfolio is a separate account, where I will keep making money regardless whether we are up or down.