“$88000 smashed through! Yet I took my friends and bought a Tesla: A plunge is a cash machine”

On Monday morning, BTC plummeted to $87300, and the group was filled with wails. I @everyone: "Don't play dead, get ready to pick up money."

① Watch the panic index

Contract liquidation reached 1.1 billion, the long-short ratio dropped to 0.7, the fear & greed index was 22, historical data tells me: extreme panic = giving away money.

② Find the iron bottom

ETH plummeted to 3050, just stepping on the daily EMA100 (3020), I placed a limit order at 3035, stop loss at 2950, risk-reward ratio 4:1, let's do it.

③ Live broadcast

02:45 order executed, I opened the mic: "Only take 30% of the position, directly withdraw the profit."

Slept until 07:30, ETH rebounded to 3180, +4.2%, take profit.

Account floating profit 9100U, I immediately withdrew 6000U, brother Ajie in the group copied me, after closing the position sent a screenshot: made 14000U overnight, directly booked the down payment for Model Y.

④ Leave a backup

The remaining profits continue to sell in steps at 3290 and 3380, if it drops back below 3050, automatically stop loss, losing back the money that's easy to get is a crime.

A plunge is not a graveyard, it’s an ATM.

As long as you draw the lines in advance, set stop losses, and don’t go all-in, even Black Monday can turn into a red withdrawal day.

The market is still on, wait for the next pin.

Those who can survive in the market and still make money have always been those who dare to reach out first.

Are you ready? @bit福多多

Scan the QR code below to add me for easier communication in the Binance chat room.