BitcoinETF on Nostr: Already forgot about this position. 51K all day)) ...

Already forgot about this position. 51K all day))

quoting
note1g06…u3cm

I trade #Bitcoin, I have to admit. When there were rumors about the impending approval of the first spot Bitcoin ETP(s), I thought this was a good opportunity to stack more sats. Now my trade is minus 100 percent with 3rd leverage. After a nice rallye the market needs to cool down. I'm okay with this. But what happens when the high stock market decides to cool? My position will be liquidated if the price goes below 25K.

Of course, I will not let this position be liquidated. I think we will see above 50K no earlier than the halving, in the second half of the year. Providing leverage will eat up a lot of satoshis in my trading account. So far everything looks very bad, and I'm a terrible trader. Let's see how I speak if suddenly tomorrow the market goes to storm 50 thousand. Or 20K, fuck it.