HOW TO LAYER YOUR LONGS FOR BTC FOR LONG TERM SWING TRADE
BTC is bullish. It's time to get into the action. The most important aspect is risk management. The pink lines are my long orders.
I use martingale, not because I'm doubling down on a losing trade, but rather I'M BUYING THE DIP. You don't know where the dip is. Bitcoin is bullish. So I'm laying my buys for hold term holding. As in weeks or months of holding. I held with strong hands at 8.3K ... BTC dipped to 7.4K and I still held. Then I sold at 9.2K. And now it's time to get back into position. I love swing trading BTC, it's great. Everything is about risk management and don't get liquidated by Authur Hayes, he laughs at you.
I use martingale, not because I'm doubling down on a losing trade, but rather I'M BUYING THE DIP. You don't know where the dip is. Bitcoin is bullish. So I'm laying my buys for hold term holding. As in weeks or months of holding. I held with strong hands at 8.3K ... BTC dipped to 7.4K and I still held. Then I sold at 9.2K. And now it's time to get back into position. I love swing trading BTC, it's great. Everything is about risk management and don't get liquidated by Authur Hayes, he laughs at you.
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