I’ll be patient with BTC. If it rises to 87,500, I’ll start building a short position; if it falls below 77,000, I’ll start building a long position. I’ll use 4x leverage so I can sleep like a baby, and start with 15% of my capital.
As the price moves against me, whether up or down, I’ll average in. I assure you, sooner or later, you can win this game with good profits.
When entering a long position with 4x leverage, the liquidation price would be around this cycle’s lows. It’s very unlikely that we’ll see a new low, but if it happens, averaging down is the best option to avoid liquidation.
77,000 - 25% = approximately 57,700 (without averaging in or adding margin)
For a short position, the price would be above 100k—the psychological barrier everyone is trying to break, which I honestly don’t think will be broken this year. Plus, by averaging in as the price rises, the entry price will be much better, letting you profit from the correction.
87,500 + 25% = approximately 109,000 (without averaging in or adding margin)
Which will come first: 77k or 87.5k?
This isn’t investment advice, but if anyone wants to do the same as me, go ahead.
As the price moves against me, whether up or down, I’ll average in. I assure you, sooner or later, you can win this game with good profits.
When entering a long position with 4x leverage, the liquidation price would be around this cycle’s lows. It’s very unlikely that we’ll see a new low, but if it happens, averaging down is the best option to avoid liquidation.
77,000 - 25% = approximately 57,700 (without averaging in or adding margin)
For a short position, the price would be above 100k—the psychological barrier everyone is trying to break, which I honestly don’t think will be broken this year. Plus, by averaging in as the price rises, the entry price will be much better, letting you profit from the correction.
87,500 + 25% = approximately 109,000 (without averaging in or adding margin)
Which will come first: 77k or 87.5k?
This isn’t investment advice, but if anyone wants to do the same as me, go ahead.