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Adding more money to your investment


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Not now but when it establishes support probably at around $3.6k or lower at $2.8k~$3k. I've had an average entry price of $6.2k and had cut at $5.9k when the breakdown happened for a -%5 loss. If I buyback when the support is visible then that -5% risk fee will be easily recovered and then some more.

One of the most important things in trading is to have a risk management plan e.g. risk -5% for a chance to gain 25% for a 1:5 risk-reward ratio. It's way better than blindly buying and/or hodling.

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