$BTC Nailed The Spot Buys!
The first entry was right from the pico bottom, where I deployed 40%. Then, at 62.6k, I deployed another 30% as I was expecting us to hold that level and push higher and we did exactly that.
I’m now 70% exposed in spot, with my average entry sitting around the 60.7k region.
The current size of my spot position is more than enough for me to hold over the next few years.
The remaining 30% was always kept aside as an insurance fund in case we got another dip lower, something I considered unlikely, and ultimately, we never got it.
So now, the remaining 30% will be deployed according to my Plan B: buying the first meaningful pullback after confirmation of the bottom.
This first pullback could take some time to develop, but once we get it, I’ll be adding the remaining 30% into my spot bags.
I’ll keep you guys posted.
The first entry was right from the pico bottom, where I deployed 40%. Then, at 62.6k, I deployed another 30% as I was expecting us to hold that level and push higher and we did exactly that.
I’m now 70% exposed in spot, with my average entry sitting around the 60.7k region.
The current size of my spot position is more than enough for me to hold over the next few years.
The remaining 30% was always kept aside as an insurance fund in case we got another dip lower, something I considered unlikely, and ultimately, we never got it.
So now, the remaining 30% will be deployed according to my Plan B: buying the first meaningful pullback after confirmation of the bottom.
This first pullback could take some time to develop, but once we get it, I’ll be adding the remaining 30% into my spot bags.
I’ll keep you guys posted.