@charlotte1992 on BTCUSD | PriceONN Community

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charlotte1992 PRO newbie
BTCUSD Mar 25
Hey guys, just wanted to share what I'm doing with BTC. I'm mostly in a long position but I'm scaling into it. So I bought a bit at 71k, and if it dips to like 70.5k I'll add more. Then if it starts really pumping, I'll add a final chunk. I plan to take some profits along the way, maybe at 72.5k and then let the rest run.
BTCUSD

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charlotte1992 PRO newbie Mar 25
Yeah, so for the scaling in part, the idea is to get a better average price if we see some pullback, you know? Don't want to go all in if we're at the top. And for scaling out, it's about securing some gains and reducing risk. If BTC suddenly reverses hard, at least I've locked in some profit and my remaining position is smaller. It's like a way to not get completely rekt if a fakeout happens, and still be in for the big move if it's real. I'm also watching the London/NY overlap for volatility, trying to time entries better.
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