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the majority is bullish that's why I go short
to 61 k
#trade
safely
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LOGIC OF HEDGING POSITION (TOOL) it is a tool to utilize to stop your looses and saving your position safely , it's a safety net for every loosing position be in safe . but you should be careful of using this tool due to sudden change of price trajectory instantly .it is under your full responsibilities and expertise of using this tool accordingly .it has also some disadvantages using this tool . utilize this tool at your own risks. #tradesafely
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#tradesafely IN SURVIVAL MODE market price may go down further , most people who bought at 66k level and 65k level on BTC might be in a fearful situations as market prices contentious to move downwards till date . survival is more significant than to make money in the market for a difficult and bad situations for long positions. to survive apply tools which is useful and accurate for position survival. if you need guidance you contact me on Wattsapp +639171233270 it's my pleasure to guide for survival position .
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- capital that you can afford to loose - (poorly thinkings of a trader ) it is with your full responsibilities to cross your loosing position into a winning trade ,as a trader before you enter a trade you should consider all risks that you may encounter in the process of your trading course . you can utilize some tools available to protect your position . as a trader consider your trading as a mission that you need to accomplish by a certain time or target . a mission that you need to give full sacrifices, a mission that is worth to die for... Don't afford to loose your capital . #tradesafely
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TOLERANCE OF FACING RED CANDLES Believe me, panicked people when red candles is in front on their eyes are people who has insufficient understanding in risk control management . They sold their assets at looses asap that ended up broken . People having with full skills in trading are people with high in tolerance of facing red long candles.these people are calm people and with correct sense of patience. THESE PEOPLE ENDED UP AS WINNERS in the long run .
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BITCOIN AFTER BIG EVENTS Bitcoin ETF approval was a significant event last January .after the approval of BTC ETF the market crashed from 48k level down to 39k level of BTC price . those days many people assumed that BTC price will go to the moon . thousands of traders got into liquid at those days but after that crazy crash Bitcoin rallied goes to ATH 73k level . Halving event is also significant for Bitcoin that most people assumed for big rally, but after halving the price goes down till date and thousands of traders got into liquid . in my opinion after this plummet Bitcoin price will rose a new ATH. BITCOIN AFTER BIG EVENTS . This article is subject for any corrections . #tradesafely
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