I am planning on making an entry, first one ever. The idea is to hodl on steroids. Please tell me if this is wrong/too risky/why you wouldn't do it/what you would do differently and your opinions?
Pair: BTCUSD
In: 55K
SL: ? should I?
TP: 100k
3x
Liq Price: 38K
20% of my portfolio
right now market is at 54k ish (little scary pullback tbh)
I'd really appreciate some serious answers, I dont got anyone to ask.
BIG THANK YOU
I find what you say contradictory. If you are going to hold on steroids, there is no point in putting a SL. I think you should do more research before investing in Bitcoin. Asking on a forum what to do with your money doesn't seem a smart move.