You will miss this dip 📌

If you want to become a profitable trader,

You need to master these 3 things:

Position sizing, Leverage, and Risk.

The boring topics that actually give you a real edge.

Note: I don’t recommend using leverage, this post is for the traders among us.

Let start:

1. Risk

Your total risk is the maximum loss limit before you stop trading with a strategy.

Can you handle losing 25% of your capital? How about 50%?

Defining your risk before entering any trade helps you avoid liquidation.

2. Risk per trade

Risking 5% a trade sounds little to many traders.

But what if you lose 10 trades in a row? That's 50% of your capital gone.

You also need to make 100% of your money back to simply return to break even.

This is why traders should use a proper risk breakdown.

It's lower than you think but is the best way to manage drawdown.

Anyone trading for more than 3+ years knows how damaging 10 consecutive losses are.

This will protect you:

3. Position Sizing

You only need to know 3 things to calculate position sizing:

-Account size
-Risk per trade
-The distance of your stop loss

Here's the formula we use to calculate it:

For example,

If your account size is $20,000
Risk per trade is 1%
Distance to stop loss is 10%

Then your position size = (20,000*1%) / 10% = $2,000

4. Leverage

Most traders don't understand leverage.

Leverage simply changes the position size of your trades.

It does not mean you'll make high profits because your total risk % will still remain the same.

Here's an example of where you'd use leverage:

If your account size is $10,000
Risk per trade is 1%
Distance to stop loss is 0.5%
Then your Position size = (10000*1%)/(0.5%) = $20,000

$20,000 is bigger than your total account size so you can use leverage to reach this.

Using leverage is fine here because you'll still maintain 1% risk per trade.

Even with 100X leverage, your Dollar loss amount remains the same as without leverage.

Then, you can use leverage to keep less money on exchanges to reduce total risk to your capital.

#Traders #Tip #BitEagleNews

You're seriously going to panic sell your bags? Just as:

• The FED officially pivoted with a 50bps rate cut
• China is stimulating its economy
• Global liquidity is on the rise
• FTX distributions are beginning
• Q4 (crypto's best qtr historically) has just begun
• The election is just a month away

#BitEagleNews

BlackRock says Bitcoin is “Risk Off” as a global monetary alternative, while ETH is “Risk On” as a blockchain play

Bitcoin is money, the rest of “crypto” is just a gamble.

MicroStrategy hiring a “Bitcoin Advocacy Manager”

Must have 3-5 years of shitposting experience.

On the same day Coinbase announced plans to delist Tether in the EU, Tether responded, stating:

“We are developing a technology-based solution, which will be unveiled in due course and tailored to meet the needs of the European market.”

#Tether #BitEagleNews

🇸🇻 While the IMF urges limiting the scope of Bitcoin, El Salvador continues to buy the dip.

Bitcoin country is winning 🔥

#BitEagleNews #Bitcoin

.

JUST IN: IMF urges El Salvador to limit the scope of Bitcoin law 🇸🇻

#Bitcoin #BitEagleNews

Documentary to air next Tuesday on HBO that claims to reveal the identity of Satoshi Nakamoto 🤔

The doc is by Cullen Hoback, creator of the “Q: Into the Storm” series that exposed the authors of the QAnon conspiracy theory.

#Bitcoin #BitEagleNews

There is a difference between thinking BIG in crypto

And thinking AHEAD in crypto.

Any degen can close their eyes

And imagine their portfolio doing 100x.

That’s thinking BIG.

Thinking ahead, though, means planning :

- researching projects,
- setting your entry and exit points,
- managing risks,
- staying disciplined

Thinking ahead is the hard real work.

But it is what will ACTUALLY help you succeed.

#BitEagleNews #BullRun

Stop trying to help people who don’t want to help themselves.

You give them advice,

Tell them about crypto,

Offer them a way out,

And they ignore it.

If they’re not listening,

Don’t waste your energy.

Your time is better spent building yourself up.

Build a life that speaks for itself.

And trust me, once they see you winning,

Those same people will come back asking how you did it.

By then, you’ll know who really deserves your time.

Let your success be the proof.

#BitEagleNews #BTCUptober

Gm!

I've sold 80% of my $POPCAT. It was part of my memecoin portfolio, just wanted to keep you all updated.

#Memecoin #BitEagleNews

I hate wars.

The leaders declare war,

And they talk big from their podiums.

They send out the orders, shake hands in fancy rooms, and sleep sound at night.

But who pays the price?

It’s not them. It’s never them.

It’s the people on the ground, the ones whose lives get shattered while the suits keep playing their power games.

They profit, they posture, they move their chess pieces.

F… them.

#BitEagleNews

Bitcoin will break $100,000 this year if it follows the average gains made after a green September candle.

PROJECTIONS:
• October: $80,518.40
• November: $89,727.02
• December: $106,718.33.

#BTCUptober #BitEagleNews #BTCPredictedNewATH

Having conviction often outperforms any indicator.

Even knowing you could be wrong.

I see so many accounts posting from every local bottom ($50k for example)

- Watch out for $55k. Massive sell wall there.

- Watch out for manipulation at $60k. Bearish retest over there.

- Watch out for $65k. The high of the local channel and heatmap is also showingassive liquidity there.

Eventually if you want for the absolute proof and evidence of the market turning super bullish (if we break $70k for example),

Then you basically only ape in again at the highs.

And you know what? That's EXACTLY what retail also does.

Where's your edge then? Where's your advantage?

It's tricky I get it, but sometimes you just have to have conviction in having positiond in this game.

The risk to reward in a way also drops drastically when you wait for the ultimate proof in the market.

A popular saying is:

"Time in the markets beats timing the markets"

I would say that's often true. Especially in a market like crypto that has proven to grow bigger and bigger in its entire history.

#Bitcoin #BitEagleNews #BTCPredictedNewATH

October is here!

It’s my birthday month, and it’s shaping up to be an awesome month for crypto too.

A great month for crypto.

Happy new month everyone 🕊️

#BitEagleNews #Uptober