btr has risen more than double today, 0.1537u.
Three days ago, 0.036—I was shouting it out in the square, it was ten times. Now it’s over thirty times: I put in 1000u and it turned into more than 30,000.
In seven days it grew by more than four times.
Back then you only needed to look at one thing: volume. At that time the market cap was only a bit over 9 million, and daily turnover could reach 5 million, with half the chips rotating in and out. Now the trading volume is over 200 million, and it’s still pushing in.
It’s always money pushing, not news pushing.
But I have to say something unpleasant about this level. In the past 24 hours, the low was 0.0776 and the high was 0.1776—today’s range is double, and with ten-times leverage in this kind of volatility, if you go the other way, it can spit everything back at you.
Yesterday I said to sell half. Today I’m still saying the same thing.
sndk that trade was right on direction. I didn’t break even; in the end I still lost money. I don’t want to take that loss again.
Brothers who followed—first take half the profit off the table.
When to short—wait for news in the community: #BTR $BTR
Three days ago, 0.036—I was shouting it out in the square, it was ten times. Now it’s over thirty times: I put in 1000u and it turned into more than 30,000.
In seven days it grew by more than four times.
Back then you only needed to look at one thing: volume. At that time the market cap was only a bit over 9 million, and daily turnover could reach 5 million, with half the chips rotating in and out. Now the trading volume is over 200 million, and it’s still pushing in.
It’s always money pushing, not news pushing.
But I have to say something unpleasant about this level. In the past 24 hours, the low was 0.0776 and the high was 0.1776—today’s range is double, and with ten-times leverage in this kind of volatility, if you go the other way, it can spit everything back at you.
Yesterday I said to sell half. Today I’m still saying the same thing.
sndk that trade was right on direction. I didn’t break even; in the end I still lost money. I don’t want to take that loss again.
Brothers who followed—first take half the profit off the table.
When to short—wait for news in the community: #BTR $BTR
