‼️ Risk Management ‼️Successful #Crypto trading is all about who manages risk well.When you do scalping, you are willing to risk 3%-7% to get 10%-20%.But when you go for swing trade, you are willing to manage -1000% to get +1000%. At any point if you loose your nerves to get panicked by any factor you can lose even your winning trade too.For example you read chart of #BTC you analyze the current inflows compared to current demand which suggests you to open long position with 10X and 2% of your trading portfolio. Suppose you have $1000. You open trade with $20 margin with cushion of building trade to $100 margin. Market shifts momentum and everything falls as per your dca plan and you build it upto $100 with 3 dca levels. Now little shake could get you distracted, if you have good nerves, you will understand thay even market goes down -500% of your margin still you will be save as you have 90% funds to back you trade.Instead of listening to crowd and unnecessary noises, you stick to your plan and market starts recovering from -250% to +150%. Since you build your dca position, you will start booking your profits partially too. Do you will 50% profits and move sl to +70% and keep it going, this means if it hit sl, still you will book in profit or if it goes further you will dca again with sl in profit.Keep this example in mind before making any decision, this will help you build confidence in yourself. #RiskManagement #Write2Earn #BTC‬ #TrendigTopic