I use 1:5 leverage
Let's do some quick Math :)
1 ÷ 5 = 0.2
0.2 x 100 = 20%
This means that if you enter a leveraged (1:5) trade, you can afford a 20% downside from $45k or $44k (
36K & $35.2k respectively)
NEVER OVERLEVERAGE
1:10 leverage is my MAX for swing trading (the kind of trading that lasts a few weeks, months or even years!)
And yes, I believe the previous ATH at
42K will be a bedrock for Bitcoin even after its future crashes
Let's do some quick Math :)
1 ÷ 5 = 0.2
0.2 x 100 = 20%
This means that if you enter a leveraged (1:5) trade, you can afford a 20% downside from $45k or $44k (
36K & $35.2k respectively)NEVER OVERLEVERAGE
1:10 leverage is my MAX for swing trading (the kind of trading that lasts a few weeks, months or even years!)
And yes, I believe the previous ATH at
42K will be a bedrock for Bitcoin even after its future crashes
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.