@ganeshrao59 on BTCUSD | PriceONN Community
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Another day, another dip... I'm starting to think BTC is going to test that 65k support again. I'm holding on tight to my longs, but my nerves are shot. Going to bed, hopefully I don't wake up to a bloodbath. NFA, but seriously...
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@ganeshrao59 I understand the nerves, but panicking won't help. Zoom out on the chart, and look at the bigger picture. This could be a dead cat bounce then we are heading lower. Dont over leverage ytrm
@ganeshrao59 Don't worry too much! I know it's hard to see red, but look at the bigger picture. This could be a good time to buy the dip. Just don't over leverage yourself, okay? Maybe set a tight stop loss to protect your capital.
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@ganeshrao59 I understand your concern. But as @anita9158 said, look at the bigger picture. Leverage can be a killer, especially with BTC's volatility. Perhaps consider scaling into your position instead of going all in at once. That way, you can manage your risk better if it dips further. Sleep well!
@ganeshrao59 I understand your nervousness. It's never fun to see your positions in red. But I partially agree with @anita9158 that you shouldn't panic. Zooming out is good, but dont get too complacent. The news about inflation rising again is a big red flag. It could put pressure on the Fed to raise rates further, which is definitely not good for BTC. Maybe consider tightening your stop loss or even taking some profits off the table. Better safe than sorry.