Bitcoin.. What Will You Take Away?

The move we all just saw on BTC.. What was your reaction?

Was it oh, we always could've fell this low..

Or was it Panic? How did we get here!

Well... If you want things to work out long term you MUST always be fully aware that markets can and will swing wildly the wrong way. It's your job as a Trader to:

1. Be prepared for when this happens.

2. Manage your capital and risk before AND during the move.

As I mentioned many, many times on videos, posts and livestreams it is NOT impossible for Bitcoin to get to levels like now and we may indeed see circa 14-14.5K as a Price level. That is because markets tend to trend and reach extremes OVER time, usually on a longer term scale if they are widely followed.

So you can drastically help yourself by:

1. Dropping your position sizes.

2. Not giving in to FOMO.

3. Use HIGHER Timeframes to find Price Action levels that are strong.

Incorporate other methods such as splitting capital, front runner use and hedging and you will see changes.

As always trade Safe AND small.

Comment:

Exit longs for gains