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RE: Bitcoin Market: Bought the Dip/ Scaling into a Position.
I agree with buying the dips, but I don't like going lower after I bought. You don't trade? Continues buying dip and selling when we have a high before we go lower again?
Hi Colin, with Bitcoin I like to trade the bigger market cycles so I don't mind scaling into position at key support levels. I manage risk by shorting and keeping sizes reasonable so nothing will break the bank. I trade altcoins very differently though because they are illiquid and also because most of them are garbage :)