I think it's better to be out of the market right now

The vibes i'm getting from this price action aren't promising. I can't go into detail, that's just the kind of trader I seem to be, but I suspect we're gonna heavily drop from this initial move to the upside.

I closed my long yesterday from around 5200, I have opened a short but i'll be monitoring it closely. Right now due to the odd climate, I think the smarter decision would be to sit out and preserve your sats as of right now(I may not be that smart).

I will be converting some of my sats into FIAT for a rainy day fund or maybe to buy some toilet roll.

Kommentera:

I think my title was worded wrong, I meant it's better to not be leveraging right now. Collect those sats and do some cost averaging. But if you're not being meticulous with your positions you're likely gonna get screwed.