#Btc #Sol #Eth #BullMarketStrategy
• We are 90% heading towards the 50k$ price mark, and it's a strong resistance, both psycological and market made resistance.
• So if you are a trader i suggest you to work using The Hedge Trading, to protect your positions from unexpected Market Volatility and spikes.
How m i doing that?!
-I usually split my investment into 2 parts of the same amount, and use the same leverage(sometimes i try with a 60/40% instead of 50/50% if i believe strongly in the trend).
-I open the main Position( in this case a Long Position) , and i go to my other wallet in which i open a Short Position , usually in the same protocol.
-So if the resistance is broken and maintained (50k in this case) , i close my Short Position.
-And if it goes back and try to retest the previous bottom i close the Long position.
🚫 The most important thing to protect you from unexpected spikes is to Make a Take profit in the main wallet and a Stop Loss in the other used for the Hedge🚫
***More than 80% lose their money on trading, trade carefully and try not to use high leverage if you're not a professional trader and don't be greedy***
NB: This is not a financial advice, do your own research and strategy.
Good Luck!