$BTC
⚠️ Warning - DONT BE RECKLESS WITH LONGS ⚠️
📉 #BTC is currently teetering on the edge, and caution is advised.
While the booming alts and rising BTC may be enticing, remember that the crypto market is volatile.
The greed index is soaring above 80, and BTC is on a buying spree with the halving approaching.
What does this mean?
The market may not allow everyone to profit easily from long positions. A BTC correction seems closer than ever.
Exercise caution, especially with high leverage long positions and unrealized P&L.
What should you do?
✅ Consider closing at least 50% of your long positions if they're in profit.
✅ Utilize stop-loss orders without fail.
✅ Avoid high leverage; instead, enter the market with low margin and leverage, then employ Dollar-Cost Averaging (DCA).
It's better to be safe than sorry.
Consider this a warning. Stay vigilant and manage your risk wisely in these uncertain times.
Your financial safety is paramount. 💼💡
