BTC DCA Strategy โ Update on My Trade!
๐ Crypto Update! ๐
I wanted to share the details of my current Bitcoin (BTC) trade with you all. As some of you may know, Iโve been using the DCA (Dollar Cost Averaging) strategy for my BTC buy at an average of 114,000 USDT.
Hereโs the latest:
๐ Stop Loss (SL): 114,000 USDT (To limit my losses and protect the position)
๐ฏ Take Profit (TP): 120,000 USDT (Target for taking profit)
๐ Current Status:
Stop Loss: Iโve placed a Stop Loss order at 114,000 USDT to minimize any potential downside risk.
Take Profit: Iโve also set a Limit Maker order at 120,000 USDT, which is my target for taking profit if the market moves in my favor.
๐ฌ For those of you holding BTC, how are you managing your positions? Feel free to drop your strategies and thoughts in the comments below!
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