Q: How do global economic conditions affect Bitcoin's value?
A: Global economic conditions, such as inflation rates and interest rates, influence investor behavior. During times of high inflation or low interest rates, investors often seek alternatives like gold or cryptocurrencies for their potential to retain or increase value. Conversely, during economic downturns or when traditional financial markets are unstable, there is often a surge in demand for cryptocurrencies as a hedge against risk.
Account $10,000, risk 1% → $100 risk per trade. Entry $50, stop $48 → $2 risk/share → 50 shares. Target $54 (2R). If stopped, −$100; if target hits, +$200 (before costs).
Use an amount you can afford to lose while learning a repeatable process.
Decide a fixed risk % per trade, then divide by the price distance to your stop.
Match your timeframe: DAIly/weekly for swing; weekly/monthly for long-term.
Thesis, entry/exit, risk (R), emotions, result, next improvement.