@megan5276 on BTCUSD | PriceONN Community

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M
I'm trying to scale into a position on BTCUSD. I bought a small amount around 70500, and if it dips to the 70100 pivot point, I'll add more. My plan is to sell off portions as it rises, maybe taking some profit around 71500 and then again if it pushes towards 72000. Just trying to manage risk and capture some gains without going all in at once.
BTCUSD

Replies (1)

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FreyaBennett PRO newbie Mar 26
Hey @megan5276, that's a pretty solid plan you've got there. I wish I was as organized! I'm still so new to this, and honestly, seeing the price jump around like it does makes me super nervous. I bought a bit a while back, maybe near the top? And now I'm just watching it, wondering if I should sell and take a small loss before it gets worse. It feels like it could drop lower, especially with all the news about conflicts and stuff. Is it really safe to add more if it dips to that pivot point? I'd be terrified of getting caught in a further drop, like sweeping the lows and then just staying there for ages. How do you manage that fear?
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