Optimism Leans Toward Bitcoin's Uptrend: Insights from XAi Grok

It appears they more people who are optimistic about Bitcoin continuing the uptrend Than people expecting a dump according to XAi Grok. Whichever will happen first, either a continuation or a dump. HOLD But only hold what you are convinced about. But in holding, there is a place for cutting losses especially if you are not holding for bull market. But there is also a place to hedge your spot holding - futures. Let's briefly explain how hedging works. Let's assume you're holding $5k worth of Ethereum on SPOT If you want to hedge on futures, all you need to do is to open a short position with $1k capital using 5X leverage. If the dump happens, then your $1k capital produces the exact profit your spot holding will lose. But if the pump happens, the spot holding will produce what you lost in the futures position. But manipulation makes it hard to just approach hedging that way. In such cases, volatility might get you liquidity. As such, it works best if your taking entry at a pick resistance before the market dump not in the middle of a dump. Which is to say that your entry plays a major role.