mnandii wrote:A scenario where Bitcoin falls below $6300 still exists. So beware.
Hehe...Disclaimer muhimu! One should also work with the scenario where it plummets to zero,just trippin.
Only in cryptoverse where you want BTC to go up and down at the same damn time!...case in point my current situation,have got an open 10X LONG with buy orders stack like 50 bucks shy of the liquidation price of the preceding average buying price,all the way down to 5250(anything below that the entire position,roughly usd 6k,goes burst) think of it as dollar cost averaging.
So far so good,besides what's at stake is the "house's money"...God bless Arthur hayes!
Yangu disclaimer pia
....Anything more than 5X leverage and you are courting trouble!
Never lose your position in a bull market,BTFD.