I Closed my Bitcoin short trade and took profit! No, I'm not Bipolar!

I Closed my Bitcoin short trade and took profit! No, I'm not Bipolar!




In last video I told you I was expecting a bitcoin drop, I also gave your support levels to catch a bounce. We hit that support level to …

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36 Comments

  1. Smart move on closing the short I closed mine aswell how much did you make did you end up using the 50x ? I used 20x had a stop loss set at 10% loss

  2. good decision to close your trade and start new one. you are lucky man to understand this game very well. I hope one day be the same like. well done Steve

  3. dxy up, sp500 down, may that correlate with ur line? most ytbers talked about correction at 48 to 45 beofre move up. can ur circles work as support instead of resistance? fomo comes to market, some call this drop a bear trap

  4. Taking profit on a trade is never bipolar don't sweat it. I saw that it had support too. I got out at 45612. If It goes lower I don't care I made my money for the day. Also the quarter is ending today at 8pm EST, better not to risk it. After a quarter ends that's when allocations are made. There a very good chance you may see bitcoin pop back up a K or two. If it was in the middle of the month, or not on a quarter end. Different story. Dicey area to ride it too far. Even if you were riding it down, I still would have got out as soon as it found support. If it goes lower great, I just look for another entry either long or short, I don't care. Up, down, to the left :-). It's all good. And Steve is totally right for God's sake don't use 125x leverage on anything unless it's for a joke for $1. Hell I wouldn't even use 20x leverage even if Steve, Dion Warwick and her psychic friends, Krown, Psychic Cleo, your Mom and George Soros himself says it's a sure thing. DON'T OVERLEVERAGE. I use 5x, yes only 5x leverage and am doing fine with stops.

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