Hallo,
This morning BTC lost 600$ , and now move around this support. We suggest to hedge position (expecially if you are in profit yet).
Follow our sheme:
A) We suppose you have 100 BTC (bot work the same with 100.000 satoshi too
)
B) You would preserve FIAT value (so 60 k $)
What you need to do:
1) Sell 20 BTC (20% of your asset) and hold 80 BTC
2) Go short on leverage 5x using these 20 BTC
3) Take Profit on leverage position @ 500$ & Put Stop loss on Holding BTC @500 $ too
4) Stop Loss on Leverage position @660$
This is a simply Hedge position that preserve your BTC value at a cost of about 3 % (spread + net loss)
But there are lot of hedge strategies: let us work for you, take a look on www.bitib.eu or PM me
This morning BTC lost 600$ , and now move around this support. We suggest to hedge position (expecially if you are in profit yet).
Follow our sheme:
A) We suppose you have 100 BTC (bot work the same with 100.000 satoshi too
)B) You would preserve FIAT value (so 60 k $)
What you need to do:
1) Sell 20 BTC (20% of your asset) and hold 80 BTC
2) Go short on leverage 5x using these 20 BTC
3) Take Profit on leverage position @ 500$ & Put Stop loss on Holding BTC @500 $ too
4) Stop Loss on Leverage position @660$
This is a simply Hedge position that preserve your BTC value at a cost of about 3 % (spread + net loss)
But there are lot of hedge strategies: let us work for you, take a look on www.bitib.eu or PM me