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๐˜’๐˜ช๐˜ญ๐˜ญ๐˜ข
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#BTC ๐˜ณ๐˜ช๐˜ด๐˜ฌ ๐˜ข๐˜ด๐˜ด๐˜ฆ๐˜ต๐˜ด ๐˜ต๐˜ณ๐˜ข๐˜ฅ๐˜ฆ๐˜ณ / @scalpXofficial ๐˜พ๐™ง๐™ฎ๐™ฅ๐™ฉ๐™ค ๐˜ฟ๐™ž๐™จ๐™˜๐™ค๐™ง๐™™ - https://discord.gg/scalpx
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๐˜’๐˜ช๐˜ญ๐˜ญ๐˜ข
03-30
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What Im doing... $BTC Most of you know Iโ€™ve been shorting since $120K, and Iโ€™m still holding a swing short from $72.8K, which I posted roughly 3 weeks ago. That said, trading and investing are 2 very different approaches, so I want to clarify what Iโ€™m doing from an investor perspective. From an investor standpoint, Iโ€™m gradually adding to my spot positions. The rationale is simple: the RR for downside vs. upside is skewed. Markets are rigged to go up. BTC has already corrected 51% from its highs, and I believe the most we might see is another 10โ€“15% downside before a macro bottom forms. When investing and scaling into spot, I donโ€™t focus on catching the exact bottom, I scale gradually as opportunities present themselves. This is where confusion often arises: I am buying spot as an investor while trading trend and structure as a trader, two completely separate objectives. While the overall structure remains bearish, Iโ€™ve favored shorts at range highs, as I mentioned in my recent YT video. My swing short from $72.8K is part of this strategy. I may take scalps in between, but in terms of macro perspective, I estimate another 4โ€“6 months before we reach a full bottom. This also means we should be prepared for increased chop. So yes: as a trader, Iโ€™m shorting from the highs; as an investor, Iโ€™m gradually accumulating. Two strategies, different goals, same market. To be clear: as a trader, Iโ€™m trading the trend; as an investor, Iโ€™m gradually buying into the spot market. Two strategies, different goals, same market. twitter.com/KillaXBT/status/20...
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