BTC/USD — Why Hedge a 2nd Account in Case of Deep Consolidation

📌 If you follow all the trading bibles on how to determine the trend, then Bitcoin is now on Up Trend, but according to the rules of Technical Analysis - we will be able to determine too very late.

How to make the best, earlier entry into deeper consolidation?
What level do I mean by deep consolidation?

take an example December 18, 2017

Comment:

Comment:

bitcoin price goes into a dump from $ 20k to $ 10.4k by -47% in just 5 (five) days (!!)
attention, when did it become clear that the trend had reversed? Alas, it's too late.

and then bitcoin goes even lower, right up to $ 3130.00 by -85% from 20k in 400 magic days.

Comment:

and now I'm making a projection of the situation for today, where there was already $ 61790.00
I will not run catastrophic scenarios, but someday the price will inappropriately dive ... for today, the average scenario is 40-50% to $ 36250.00
you just need to be ready

Comment:

🔻What I suggest:
a very simple move - to hedge the second account -
at every opportunity to enter Short 1/10 of the deposit on 10x leverage with a short stop
and when descending, put a stop at no loss
if knocked out without loss, looking for a new entry point higher, etc.
10% of the deposit multiplied by 10 leverage = 100% of the deposit

and on the first account to work both long and short for scalp, intraday, and swing...