@thomas2902 on BTCUSD | PriceONN Community
T
Watching BTCUSD closely during this Asian session. I like to scale into positions, especially when things are volatile like this. For example, if I'm looking to go long, I'll enter a small position first, then add more if it moves in my favor and holds key support levels. If it goes against me, I'll cut that initial small position quickly. It helps manage risk and prevents me from going all-in at a bad spot. 🤔 Seems like the market is still digesting that Iran news.
Replies
T
Yeah, so with that scaling strategy, the key is patience. You can't just jump in with everything. If BTC pulls back to around that 67k area, I might add a bit more to my initial long, but only if it looks like it's holding firm and not just a fake-out. If it breaks below, then I'm out of the whole position. Gotta respect the stops, you know? The RSI is really high though, so I'm being super careful not to get caught in a dip that turns into a dive. 😬 So many conflicting signals rn.
@thomas2902 Scaling in is smart, but with 100x leverage, I prefer to just go all-in or not at all. Less time staring at the screen, more adrenaline. If BTC hits 67k, I'm going long with everything. YOLO or ramen.