#Write2Earn #BTC

This graph of BTC I posted is telling me that Bitcoin is on the UP trend. I will try to explain a little of what I do with this informations on futures (ps: this my strategy works only on Binance). Let’s say, I have 10,000 usdt, how do I allocate them properly?

1. I’ll open a trade setting it with isolated

2. I’ll choose 20x max (anything above is risky)

3. I’ll open a trade with 100 usdt at e.g 42,000 and wait until it catches or I’ll chase the market and open a position at 43,000.

4. After the position has entered, I’ll allocate 7000 usdt to manage the liquidation leaving me with 2900 usdt.

5. I’ll watch the trade to manage for instance if the market goes to 41,000 which means I’m seeing loss, I watch the movement again to open a counter trade to reduce my position which means, liquidation will also be affected but the secret there is, the liquidation price is still too far because I have enough money to hold the liquidation.

6. If it goes down more, I open another position to counter the trade.

Now if you understand this process, you understand that you’re not losing but adding more money and bringing your open position point to a reasonable turn if the market turns right, you have more money.

I don’t think a lot of people understands this. Please don’t do it if you don’t understand it. Chat me and I’ll help for free.