A few days ago, I explained the concept of coin margin, where I longed $BTC using $BTC at a price of $61,700 with 5x leverage. I’ve been booking profits along the way, and so far, I’ve secured 0.1 Bitcoin on my position. This 0.1 Bitcoin has been added to my spot balance. This is how you can use coin margin to increase your holdings of any coin, like $BTC , $ETH , or $SOL. However, remember to use this strategy only in a trending market and keep leverage low.


Now I'm adding to my position, which would increase my entry price. Still, I'm currently in the no-risk zone with a stop loss at entry.

#Bitcoin

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September 26, 2024 at 3:29 PM
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