Long

BTC / How to make 100% ROI

Updated

Bitcoiners, please buy, for next move up.
One more down is possible but buy-in there too.

I talked with a buddy who opened a 10k account in exante when BTC was coming close to 4k mark back in the day.
Then exactly between 3800 - 3500 he bought BTC and he put his SL on the 0$.
If BTC would reach zero it would be 30% drawdown on his account ( he calculated it that way )

What are the chances the BTC drops to zero? Possible but really slim.

Once bitcoin moved to 7k mark, he was 30% up. Once BTC moved to 10.5k mark he was 60% up. Once BTC moved to 13k he was almost 90% up.
Since BTC is about to move higher with the next move, he will be 100% up doubling his account, and positions will be closed.

All his other buddies do the same, while you were here moaning about where to buy, wait for that, wait for this.
Sometimes simple logic thinking is the best trade, but for that, you have to drop your " I want to make all today like there is no tomorrow "

While BTC is 9k why you don't try doing the same? If you believe it's going to 50k ( lol ) buy here and move your SL to 0$
And calculate that at the 0$ your - is 30% maximum. If you believe 0$ will be never reached okay then let it be -50% at that point.

HAHAHA

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Boom

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For those who are not in. The impulsive move, for now, is done. If you are not in or you want to take 2nd entry, now put a buy stop 20$ above the High that it just made. That way when the next train takes off you will be triggered. If you get triggered and move is slow, take it off. The next move up again will be as aggressive as this one before. Love.

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Sorry, not 20$ above... Too short. 10,850 is a great place to buy stop.
If Price Drop from here to let's say 10,300 then buy.. buy on the way down when the down move calms down. That is the best entry.

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You now got the move down.
Split the position you want to buy at 10850 in two.
Buy 50% here and leave 50% at 10850.
Don't worry for the move down. They sell off to idiots that try to buy sothey get scared. And wait for the Boom.

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This spike up is not looking real. If BTC ready to go it would already be beyond the previous TOP.
They are screwing with buyers and sellers for now.
So with that in mind. Expect maybe again one more down below the previous small low, and you are ready to go :) UP will continue you want it or not, just wait for it.

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I rarely post on TV and at some point, I will completely not post here.
As well I have no idea how many people actually follow here.
That being said, PM me for telegram channel chat were I once in a while post my setups on all instruments I see.

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We have a break and 10850 is triggered. But you may close it because it is not going, and most probably will come back down and only then up! Once it comes down, re-place buy entry at the same level again.

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If you close the 10850 after you got triggered, great job. Place it 10850 again, once it goes now then it will go more convincingly. You can drop small positions here and there if you want but keep the main one 10850

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So far everything as expected.
Keep your buys, and keep the 10850 entry which you can actually move lower now.

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To 10720

TheZabisyu

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