Hi guys,
As you know, starting from the All-Time High breakdown, we hold long BTC positions starting from 43K.
If you don't' have a position now, we have few options for you:
1) You can Buy now on the spot (just from the long-term perspective) and wait for the retest. You should open an additional long position on the retest of 42K level. It can be a spot or futures position.
2) Wait! Base on the statistic, BTC usually test the previous level that was broke recently. So you can wait for this price and make your long order on the retest 42K. We cannot be sure that a retest happens. We would recommend the first option.
All you need to do after you make an order, you just need to deal with your emotions if we will see the retest. Since it's about 7-8%. Some emotional traders are very sensitive about it.
In any case, do not make any sudden movements. Choose the option you prefer in sense of risk/reward ratio, take it easy, and follow the plan. If we see a 10% pump or dump, there is no need to hop into the running train. If you are afraid of losing an earning opportunity, choose option 1 for 50% of the capital and make another 50% limit order for $42,200.
We choose option 1 and have an additional order on the retest level. We had a 300% profit at the previous year, and we want to have the same during this year. But to get such interest with minimal risk you need to do everything calmly. And do not worry about the 5-10% movements in either direction.
Leverage: You can adjust small leverage for the long position at the retest of $42.200. If you buy now, please don't use leverage.
Would be happy to answer any of your questions.
As you know, starting from the All-Time High breakdown, we hold long BTC positions starting from 43K.
If you don't' have a position now, we have few options for you:
1) You can Buy now on the spot (just from the long-term perspective) and wait for the retest. You should open an additional long position on the retest of 42K level. It can be a spot or futures position.
2) Wait! Base on the statistic, BTC usually test the previous level that was broke recently. So you can wait for this price and make your long order on the retest 42K. We cannot be sure that a retest happens. We would recommend the first option.
All you need to do after you make an order, you just need to deal with your emotions if we will see the retest. Since it's about 7-8%. Some emotional traders are very sensitive about it.
In any case, do not make any sudden movements. Choose the option you prefer in sense of risk/reward ratio, take it easy, and follow the plan. If we see a 10% pump or dump, there is no need to hop into the running train. If you are afraid of losing an earning opportunity, choose option 1 for 50% of the capital and make another 50% limit order for $42,200.
We choose option 1 and have an additional order on the retest level. We had a 300% profit at the previous year, and we want to have the same during this year. But to get such interest with minimal risk you need to do everything calmly. And do not worry about the 5-10% movements in either direction.
Leverage: You can adjust small leverage for the long position at the retest of $42.200. If you buy now, please don't use leverage.
Would be happy to answer any of your questions.
Trade active:
A lot of people asking about buying now. Guys, we don't have 100% guarantee that we will retest 42K. It's usually what happened. If you want to open a position now, it's ok. But if we will have a retest, you need to be emotionally ready for drawdown 10-12% for some time. You can open part of the position now, and part of the position if we will retest 42K.
