[Current Status]
I will remove one of the two deathmatches I entered and prepare to enter again from below. The future plan is the same as the original.
If you look at my entry plan, you'll see that I intend to take a long-term approach, so I believe it's important to create a good average price.
I think it's right to maintain the initial entry amount but also take opportunities to lower the average price and take a little profit to ease my mind.
📂 But what if it doesn't go down?
If it doesn't go down, that's good! Isn't it just about holding onto what you have and going up? Nothing ever goes as predicted... I think it's more important to have a mindset of being satisfied with the results achieved from the executed plan rather than trying to perfectly carry out the plan. In fact, that's not easy, so I feel like I need to practice that every moment... Maybe that's what skill is?!
🫠 The BTC championship deathmatch starts now.
Requirements: 10 Bitcoins
I have come to the conclusion that leveraging BTC is much more efficient than heavily betting on altcoins mixed with countless unpredictable variables, and I plan to put this into practice.
The goal is to stimulate dopamine + aim for the last explosion of Q4. For now, I have opened a 3x leverage perpetual futures position (CM) with 1 BTC, and if BTC breaks below $100K, I plan to enter an additional 3x leverage position with 1 BTC, adding to the spot BTC CM position at each interval.
: Add 1 at $95K
: Add 1 at $90K
: Add 2 at $85K
: Add 4 at $80K
This is what I have set up, and the best-case scenario is that no more BTC is captured from here on out, haha... The plan is to take half off at 110K, regardless of how many BTC positions I have, and the rest will ride the madness of Q4!
I always talk about capturing the BTC championship but have never actually done it, so this time I’m going public with it. I think 10 is a quantity I can execute without deviating from the plan, and ideally, I hope it ends at 4 without getting too anxious. 😡
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