Alright listen up retards, this is for all the bobos with some hefty cash on their hands who remained sidelined like me and missed the bottom
This rally won't last much longer, it's going to stall out somewhere between 30k and 40k and a 20% to 50% dump will commence
Here's how you make money before actually buying the next bottom (be it higher or lower than the 15.5k bottom):
1. Take your sidelined money and divide them into 25% stacks
2. Enter a 2x leverage short with 25% of your stack (VERY IMPORTANT FOR IT TO BE ONLY 2x), the liquidation price will be 45k
3. IF btc goes up to let's say 33k-34k, you add in a second stack of 25% in the same 2x leverage short
4. Same if it goes up to 36k or 38k.
5. Btc WILL correct down to at least 30k and if it only corrects 20% you can break even (put a stop loss right above your entry point after the price taps the 30k zone to be sure you don't end up losing anything)
5. If it goes below 30k (which it should, in a larger than 20% correction, which is statistically much more probable) you keep your trade open until you're satisfied with the amount you make
6. Buy the bottom, wait for signs of reversal and get in
7. Enjoy profits
I can't stress this enough. You CAN'T go over 2x leverage. If you do this as i explained then you literally get free money. Cheers.