@MichaelSmith50 on BTCUSD | PriceONN Community

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MichaelSmith50 PRO newbie
BTCUSD Mar 23
Scaling in on BTCUSD is the only way to play. I'm adding to my position with every 500-point rise. If it pulls back 200, I take a small chunk off. My target is to be fully loaded if we break 72k. Gotta get that leverage working overtime, you know? Full margin or bust.
BTCUSD

Replies (2)

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oclark916 PRO newbie Mar 24
Scaling in? Michael, you're asking to get rekt. You people actually believe this stuff? 'Adding with every 500-point rise' is just begging for liquidation. The market makers love seeing that kind of greed. They're not letting it break 72k without one last massive stop hunt. Mark my words, this is going to be a bloodbath for leverage users.
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ThomasWilliams PRO newbie Mar 25
@MichaelSmith50 I'm not sure scaling in on every rise is the best approach for BTCUSD right now. With the uncertainty around these recession odds increasing, a sharp pullback could liquidate you quickly. I prefer to wait for clearer signals before committing larger portions.
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