Bitcoin Update Challenge 1K to 100 K
BTC 0,12954945 at 8005 USD/BTC
current value 1037 USD
risk management is important and due to bitcoin move up, all stop losses have been covered by bitcoin movement up.
looking at indicators bitcoin is bullish, however I have been reserved in my channels and group indicating that we need to be prepared for a drop.
current stop loss 7833, locking value of 1021 USD.
This challenge shows simply that even with lost trades, value doesn't decrease, as risk management and portfolio management is important.
Please note: THIS IS NOT A TRADING ADVICE
current value 1037 USD
risk management is important and due to bitcoin move up, all stop losses have been covered by bitcoin movement up.
looking at indicators bitcoin is bullish, however I have been reserved in my channels and group indicating that we need to be prepared for a drop.
current stop loss 7833, locking value of 1021 USD.
This challenge shows simply that even with lost trades, value doesn't decrease, as risk management and portfolio management is important.
Please note: THIS IS NOT A TRADING ADVICE
Comment:
new stop loss at 8222, locking 1064.
Comment:
didn't take long and stop loss got hit. 1064 USDT now.
Comment:
BTC 0,128796 entry at 8265 for some trades