‼️ Risk Management ‼️
In upcoming days, there will be probably highest level of speculation, some of you still thinking that it will go up, so probably it will go up little more to trap you completely,
Market needs liquidity and to eat your investments, it will show you the different direction as compared to where it will actually go.
We witnessed a massive wick when #BTC hit $64,000. We will witness more of frequent of those kind of wick onwards.
In bear market you go down slowly but in bull market you go rapidly in any direction, because market needs to balance certain chart levels too.
Don’t go for short or long if you think you are unable to manage risk,
If yoi have $100 and you are afraid. Open positions with $1 and 5x. Worst case if it went against your direction. You will dca every -100%. By this when market is done correcting, you will be holding a good entry with good margin.
I teach yoi trading to make $dollars from pennies. Not 200x gambling.
Follow the process and you will start making money eventually. dyor (do your own research)
