Bitcoin and scaling your bets

Hello,

If you are like me and think $1,000 will be the bottom for bitcoin and want to start scaling in now in case the bottom is higher, here is how I recommend going about it...

This is on my twitter, I am literally just going to ctrl+c and ctrl+v :)

"Just explained this in the discord group, but here is some math for scaling into your trades following a martingale-ish strategy. Idea is to double your bets each time. 6 -$500 decrements left. That's n*2^6 = 100% of the capital you want in. n is 1.5625%. This means at 3500 you go 1.5% in, at 3000 you put in 3%, at 2500 you put in 6%, at 2000 you put in 12% and so on... sum of %s should be risk limit.
This is a "preferable" way to scale in because at each level lower your risk is lowered and so deserves more capital allocation."

Hope this helps,

-YoungShkreli