Well done to all who took this trade!
New traders are under the infantile impression that one trade breaks the bank and have never heard the term STOP LOSS.
They have a GREAT DEAL TO LEARN and unlikely to make any monies in trading and be the 90% losing traders they are.
This R:R 2.74:1 trade eats up a 1 loss.
(this excludes the earlier R:R 7:1 win on Bitcoin )
ONE LOSING TRADE IS INSIGNIFICANT AS WE HAVE WINNERS THAT EAT THIS UP ALL THE TIME.
NEW TRADERS STRUGGLE WITH THIS BASIC UNDERSTANDING.
THey have never traded before and therefore HAVE DIFFICULTY UNDERSTANDING THAT THERE IS NO SUCH THING AS 100% WINNERS.
TRADING IS ABOUT WINNERS AND LOSERS - OVER A SERIES OF TRADES WE AIM TO BE NET POSITIVE
What value do these non-traders (99% the time 0 analysis and 0 followers) provide TO YOU except jealousy and hate and abuse?
Do they provide anything that helps you find winner trades that will grow your capital or help you learn trading?
Note their SILENCE on winners conveniently ignoring these as they crawl back from underneath their rock.
They will inevitably become the statistically proven 90% of losing traders.
p.s note their silence now
My advice is you need to first develop some general rules but then customize as you understand the characteristics of that particular crypto, stock, fx pair, futurs contract, option etc...
You must learn to get a good handle on each crypto you trade example Bitcoin does nothing for periods of time and then boom its off again.