@kevin8143 on BTCUSD | PriceONN Community

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K
kevin8143 PRO newbie
BTCUSD Apr 2
I'm considering moving my stop to breakeven on my BTCUSD position as well. The price action seems a bit indecisive right now, and I don't want to risk giving back the gains I've made. It's been a choppy few days, and locking in zero loss feels like the prudent thing to do. Just want to make sure I don't get stopped out prematurely though.
BTCUSD

Replies (1)

K
kevin8143 PRO newbie Apr 2
Actually, I think I will move my stop to breakeven. The volatility is making me nervous and I don't want to lose the profit I've already secured. It's better to lock in zero loss than to watch it disappear. Seeing that price hover around 68200 with the 200-day SMA not too far below makes me a bit uneasy. I just hope this doesn't mean we're heading for a bigger drop. I read something about Mercado Coin winding down, and that made me think about how quickly things can change in crypto. Maybe it’s just me being paranoid, but better safe than sorry, right?
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